Sage Mountain Advisors LLC Acquires 7,627 Shares of Lam Research Corporation $LRCX

Sage Mountain Advisors LLC increased its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 144.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 12,914 shares of the semiconductor company’s stock after acquiring an additional 7,627 shares during the quarter. Sage Mountain Advisors LLC’s holdings in Lam Research were worth $1,729,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LRCX. Gilliland Jeter Wealth Management LLC lifted its holdings in shares of Lam Research by 0.3% during the third quarter. Gilliland Jeter Wealth Management LLC now owns 26,501 shares of the semiconductor company’s stock worth $3,548,000 after purchasing an additional 69 shares during the period. Gold Investment Management Ltd. raised its position in Lam Research by 0.5% during the 3rd quarter. Gold Investment Management Ltd. now owns 14,736 shares of the semiconductor company’s stock worth $1,973,000 after purchasing an additional 70 shares during the last quarter. Hemington Wealth Management lifted its holdings in Lam Research by 4.3% during the 3rd quarter. Hemington Wealth Management now owns 1,731 shares of the semiconductor company’s stock worth $231,000 after buying an additional 72 shares during the period. Magnus Financial Group LLC lifted its stake in shares of Lam Research by 0.3% in the third quarter. Magnus Financial Group LLC now owns 22,838 shares of the semiconductor company’s stock worth $3,058,000 after acquiring an additional 76 shares during the period. Finally, Natural Investments LLC boosted its stake in shares of Lam Research by 2.4% in the 3rd quarter. Natural Investments LLC now owns 3,408 shares of the semiconductor company’s stock valued at $456,000 after purchasing an additional 79 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Lam Research news, CFO Douglas R. Bettinger sold 40,080 shares of the stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $150.60, for a total value of $6,036,048.00. Following the completion of the sale, the chief financial officer owned 987,237 shares in the company, valued at approximately $148,677,892.20. This trade represents a 3.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Bethany Mayer sold 1,298 shares of the business’s stock in a transaction that occurred 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 owned 1,652 shares in the company, valued at $264,303.48. The trade was a 44.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 50,418 shares of company stock valued at $7,667,305. Corporate insiders own 0.31% of the company’s stock.

Lam Research Price Performance

LRCX stock opened at $221.09 on Tuesday. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $229.57. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21. The business has a 50-day simple moving average of $172.73 and a two-hundred day simple moving average of $138.40. The company has a market capitalization of $277.70 billion, a P/E ratio of 48.49, a price-to-earnings-growth ratio of 2.55 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last announced its quarterly 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. The business had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.Lam Research’s revenue was up 27.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Research analysts expect that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Investors 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 annualized dividend and a yield of 0.5%. Lam Research’s payout ratio is 22.91%.

Analyst Upgrades and Downgrades

LRCX has been the topic of a number of recent analyst reports. Hsbc Global Res raised Lam Research to a “hold” rating in a research note on Tuesday, September 30th. Cowen reiterated a “buy” rating on shares of Lam Research in a research note on Thursday, October 23rd. Jefferies Financial Group reissued a “buy” rating and set a $200.00 target price (up from $175.00) on shares of Lam Research in a research note on Monday, December 15th. Berenberg Bank lifted their price target on shares of Lam Research from $122.00 to $165.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $180.00 price objective on shares of Lam Research in a report on Friday, January 9th. Twenty-eight investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, Lam Research currently has an average rating of “Moderate Buy” and an average target price of $192.46.

Lam Research Company 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.