Synergy Asset Management LLC Sells 62,445 Shares of Lam Research Corporation $LRCX

Synergy Asset Management LLC reduced its stake in Lam Research Corporation (NASDAQ:LRCX) by 61.5% in the 4th quarter, Holdings Channel reports. The firm owned 39,136 shares of the semiconductor company’s stock after selling 62,445 shares during the period. Lam Research accounts for approximately 0.7% of Synergy Asset Management LLC’s holdings, making the stock its 28th biggest position. Synergy Asset Management LLC’s holdings in Lam Research were worth $6,699,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Lam Research by 0.3% in the third quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock valued at $17,537,447,000 after purchasing an additional 364,949 shares during the period. State Street Corp boosted its holdings in shares of Lam Research by 0.4% during the 3rd quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock worth $8,024,684,000 after buying an additional 265,805 shares during the period. Invesco Ltd. grew its stake in Lam Research by 18.2% in the 3rd quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock valued at $2,836,397,000 after buying an additional 3,263,658 shares during the last quarter. Norges Bank acquired a new position in Lam Research in the 2nd quarter valued at $1,894,585,000. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Lam Research by 781.3% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock worth $1,518,542,000 after acquiring an additional 10,053,978 shares during the period. Institutional investors own 84.61% of the company’s stock.

Insider Activity at Lam Research

In related news, insider Ava Harter sold 4,000 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $232.50, for a total value of $930,000.00. Following the completion of the transaction, the insider directly owned 54,705 shares of the company’s stock, valued at $12,718,912.50. This trade represents a 6.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Eric Brandt sold 35,000 shares of Lam Research stock in a transaction on Friday, February 6th. The stock was sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the sale, the director owned 253,705 shares in the company, valued at $57,235,848. This represents a 12.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 130,886 shares of company stock worth $29,658,802. 0.31% of the stock is owned by corporate insiders.

Lam Research Stock Down 9.4%

Shares of LRCX opened at $211.62 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26. The company has a 50-day simple moving average of $228.05 and a 200-day simple moving average of $180.61. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $256.68. The firm has a market capitalization of $264.26 billion, a P/E ratio of 43.36, a P/E/G ratio of 2.51 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. The business had revenue of $5.34 billion for the quarter, compared to the consensus estimate of $5.23 billion. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The firm’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same period last year, the business earned $0.91 earnings per share. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, equities research analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th will be given a dividend of $0.26 per share. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.5%. Lam Research’s payout ratio is currently 21.31%.

Analysts Set New Price Targets

A number of research analysts have weighed in on LRCX shares. Barclays boosted their target price on shares of Lam Research from $250.00 to $255.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 10th. Needham & Company LLC boosted their price objective on Lam Research from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Citic Securities increased their target price on Lam Research from $165.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Lam Research in a report on Monday, December 29th. Finally, Susquehanna set a $325.00 price target on Lam Research and gave the stock a “positive” rating in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Lam Research has an average rating of “Moderate Buy” and an average target price of $245.35.

Trending Headlines about Lam Research

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

• Positive Sentiment: Erste Group slightly raised its FY2027 EPS estimate for Lam (from $7.00 to $7.02), signaling continued analyst confidence in Lam’s longer‑term profitability. Read More.
• Positive Sentiment: Bullish research pieces argue Lam is positioned for continued growth due to rising chip process complexity and AI-driven capital expenditures — supportive for medium/long-term revenue and margins. Read More.
• Positive Sentiment: Investment letters and coverage (e.g., Renaissance in a large‑cap growth strategy) highlight Lam’s exposure to growing chip complexity, a structural tailwind for deposition/etch equipment. Read More.
• Positive Sentiment: Technical/flow-driven buying signals have supported the stock recently (not fundamental-driven), which can amplify short-term rallies. Read More.
• Neutral Sentiment: Industry note: Applied Materials stands to benefit from rising HBM and advanced packaging demand — an industry tailwind that should also help Lam over time, though AMAT‑specific coverage may not translate directly into immediate upside for LRCX. Read More.
• Neutral Sentiment: Valuation write‑ups ask whether recent multi‑year gains already price in Lam’s growth; useful for timing entries but not a near‑term catalyst. Read More.
• Negative Sentiment: Immediate negative: investors sold LRCX after news that Google’s TurboQuant can significantly reduce memory requirements for AI models. That development raises short‑term uncertainty around demand for HBM and packaging — key end markets for advanced wafer‑fab equipment. This appears to be the primary driver of today’s pullback. Read More.

About Lam Research

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.