Scott & Selber Inc. Acquires Shares of 47,533 Lam Research Corporation $LRCX

Scott & Selber Inc. bought a new position in Lam Research Corporation (NASDAQ:LRCX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 47,533 shares of the semiconductor company’s stock, valued at approximately $6,365,000. Lam Research makes up about 1.6% of Scott & Selber Inc.’s holdings, making the stock its 13th biggest holding.

Several other institutional investors also recently bought and sold shares of LRCX. IMG Wealth Management Inc. bought a new position in shares of Lam Research during the 2nd quarter valued at about $26,000. Howard Hughes Medical Institute purchased a new stake in shares of Lam Research in the second quarter worth about $27,000. Sound Income Strategies LLC bought a new position in Lam Research during the third quarter valued at approximately $41,000. Tripletail Wealth Management LLC bought a new position in Lam Research during the third quarter valued at approximately $44,000. Finally, Strategic Wealth Investment Group LLC bought a new stake in Lam Research in the 2nd quarter worth approximately $29,000. 84.61% of the stock is owned by hedge funds and other institutional investors.

Lam Research News Roundup

Here are the key news stories impacting Lam Research this week:

• Positive Sentiment: TSMC’s $52–$56 billion 2026 CapEx roadmap is highlighted as a direct driver of equipment demand for 2nm/3D chip builds — Lam Research is named specifically for cryogenic etching used in vertical stacking. The $56 Billion Draft: Follow TSMC’s CapEx Stream
• Positive Sentiment: Coverage highlighting TSMC’s $56B AI bet lists Lam among the primary beneficiaries, reinforcing the narrative that foundry CapEx flows directly to equipment suppliers. TSMC’s $56B AI Bet Just Made These 3 Stocks Millionaire Makers
• Positive Sentiment: Multiple sell‑side firms (Wells Fargo, RBC, Stifel, BofA, Rothschild/Redburn) raised ratings and price targets — several to ~$245–$250 — signaling stronger consensus forward estimates and supporting a higher valuation. Wells Fargo upgrade / The Fly
• Positive Sentiment: Industry press (Barron’s, Seeking Alpha) links broad chip-stock strength to TSMC’s spending — reinforcing sector momentum that benefits Lam as an essential equipment vendor. ASML, Lam Research, Applied Materials Surge
• Positive Sentiment: Analyst research/upgrades (Seeking Alpha write-up and Zacks pieces) increase earnings and free-cash-flow expectations based on a wafer‑fab-equipment (WFE) “supercycle,” which supports upward revisions to LRCX valuation models. Lam Research: Why The WFE Supercycle Changes The Valuation (Rating Upgrade)
• Neutral Sentiment: Momentum and style-score stories (Zacks) reiterate LRCX’s growth traits — useful for investor positioning but less likely to move price than large-capital orders or formal guidance changes. Here’s Why Lam Research (LRCX) is a Strong Growth Stock

Lam Research Price Performance

LRCX opened at $222.96 on Friday. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. The business’s fifty day simple moving average is $171.60 and its 200-day simple moving average is $136.98. The company has a market capitalization of $280.04 billion, a price-to-earnings ratio of 49.11, a PEG ratio of 2.50 and a beta of 1.77. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $229.57.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.04. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The company had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.23 billion. During the same period in the prior year, the business earned $0.86 EPS. The firm’s quarterly revenue was up 27.7% on a year-over-year basis. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, equities research analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd were issued a dividend of $0.26 per share. The ex-dividend date was Wednesday, December 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. Lam Research’s dividend payout ratio is currently 22.91%.

Insiders Place Their Bets

In other Lam Research news, insider Ava Harter sold 9,010 shares of the stock in a transaction on Monday, October 27th. The stock was sold at an average price of $157.47, for a total transaction of $1,418,804.70. Following the sale, the insider owned 56,786 shares of the company’s stock, valued at approximately $8,942,091.42. This trade represents a 13.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Bethany Mayer sold 1,298 shares of the business’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total value of $207,667.02. Following the completion of the transaction, the director directly owned 1,652 shares of the company’s stock, valued at approximately $264,303.48. The trade was a 44.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 50,418 shares of company stock worth $7,667,305 over the last 90 days. Company insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

LRCX has been the topic of several research reports. Berenberg Bank boosted their price target on shares of Lam Research from $122.00 to $165.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft increased their price target on Lam Research from $160.00 to $195.00 and gave the company a “buy” rating in a report on Friday, December 19th. HSBC boosted their price objective on shares of Lam Research from $127.00 to $181.00 and gave the company a “hold” rating in a research report on Friday, January 9th. Rothschild & Co Redburn lifted their price target on shares of Lam Research from $150.00 to $225.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Morgan Stanley set a $211.00 price objective on shares of Lam Research in a research note on Thursday. Twenty-eight analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, Lam Research currently has an average rating of “Moderate Buy” and a consensus price target of $189.55.

Lam Research Profile

Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.

Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.