Lam Research Corporation $LRCX Shares Purchased by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 1.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,994,239 shares of the semiconductor company’s stock after purchasing an additional 32,991 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Lam Research were worth $554,114,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in LRCX. Arrowstreet Capital Limited Partnership grew its position in shares of Lam Research by 781.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock worth $1,518,542,000 after buying an additional 10,053,978 shares in the last quarter. Invesco Ltd. increased its stake in shares of Lam Research by 18.2% in the third quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock worth $2,836,397,000 after buying an additional 3,263,658 shares during the last quarter. California Public Employees Retirement System raised its holdings in Lam Research by 108.7% in the third quarter. California Public Employees Retirement System now owns 4,526,099 shares of the semiconductor company’s stock valued at $606,045,000 after acquiring an additional 2,356,897 shares in the last quarter. AQR Capital Management LLC boosted its stake in Lam Research by 138.6% during the 3rd quarter. AQR Capital Management LLC now owns 3,541,230 shares of the semiconductor company’s stock valued at $472,294,000 after acquiring an additional 2,056,749 shares during the last quarter. Finally, M&T Bank Corp grew its holdings in Lam Research by 1,925.5% during the 4th quarter. M&T Bank Corp now owns 1,717,551 shares of the semiconductor company’s stock worth $294,010,000 after acquiring an additional 1,632,754 shares in the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Lam Research Price Performance

NASDAQ LRCX opened at $275.80 on Wednesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. The firm has a market capitalization of $344.91 billion, a price-to-earnings ratio of 52.04, a price-to-earnings-growth ratio of 2.14 and a beta of 1.81. The company has a 50 day simple moving average of $236.99 and a 200-day simple moving average of $202.86. Lam Research Corporation has a 52-week low of $72.59 and a 52-week high of $280.00.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.11. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The firm had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. During the same quarter in the prior year, the business earned $1.04 EPS. The company’s revenue for the quarter was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Equities research analysts predict that Lam Research Corporation will post 5.68 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on LRCX. Jefferies Financial Group upped their target price on shares of Lam Research from $285.00 to $315.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Zacks Research lowered Lam Research from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Citic Securities upped their price objective on Lam Research from $165.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Morgan Stanley increased their target price on Lam Research from $260.00 to $293.00 and gave the stock an “equal weight” rating in a report on Thursday, April 23rd. Finally, Wells Fargo & Company upped their price target on Lam Research from $290.00 to $320.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. Twenty-six analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Lam Research presently has a consensus rating of “Moderate Buy” and an average target price of $285.94.

Lam Research News Summary

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

• Positive Sentiment: Earnings beat + bullish near‑term guide — Lam reported a March‑quarter revenue and EPS beat and gave an upbeat June‑quarter outlook, which the market interpreted as accelerating wafer‑fab demand and margin expansion. Lam Research jumps 7% as earnings beat and June-quarter outlook signals accelerating wafer-fab demand
• Positive Sentiment: TAM and secular demand lift the investment case — Analysts and commentators raised WFE and hyperscaler‑capex forecasts (Lam’s environment looks larger), reinforcing growth expectations and the claim that AI-driven device complexity benefits Lam’s etch/deposition exposure. Lam Research: $140B WFE, $725B In Hyperscaler Capex, And Still Raising — BUY
• Positive Sentiment: Analyst target upgrades and bullish notes — Multiple firms have raised price targets and reiterated Outperform/Buy calls after the quarter, supporting momentum and upside thesis. Lam Research (LRCX) Surges to Record Highs: Analyzing the 252% Rally
• Positive Sentiment: Technical breakout / IBD recognition — The stock cleared an IBD buy point after the strong report, drawing momentum and retail/institutional interest. Lam Research, IBD Stock Of The Day, Clears Buy Point On Chip-Gear Investments
• Neutral Sentiment: Insider sale disclosed — An SVP sold ~18k shares under a pre‑arranged Rule 10b5‑1 plan; routine disclosure but worth noting for timing/context. Insider Selling: Lam Research (NASDAQ:LRCX) SVP Sells 18,170 Shares of Stock
• Neutral Sentiment: Valuation and “froth” commentary — Some analysis flags stretched multiples and consolidation risk after the run; elevated P/E requires investors to weigh growth vs. premium valuation. Lam Research Is Approaching Frothy Levels
• Negative Sentiment: Insider and institutional selling activity — Reports show multiple executive sales and notable institutional repositioning in recent quarters; while some are pre‑planned or rebalancing, sustained selling can temper sentiment if it continues. Lam Research jumps 7% as earnings beat and June-quarter outlook signals accelerating wafer-fab demand

Insider Buying and Selling at Lam Research

In related news, Director Eric Brandt sold 35,000 shares of Lam Research stock in a transaction on Friday, February 6th. The shares were sold at an average price of $225.60, for a total value of $7,896,000.00. Following the completion of the sale, the director owned 253,705 shares of the company’s stock, valued at approximately $57,235,848. The trade was a 12.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Neil J. Fernandes sold 18,170 shares of the company’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the completion of the sale, the senior vice president owned 66,129 shares of the company’s stock, valued at $16,872,153.06. This represents a 21.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 155,066 shares of company stock worth $35,849,242 in the last ninety days. Insiders own 0.31% of the company’s stock.

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.