Jefferies Financial Group Inc. Purchases 2,308 Shares of Lam Research Corporation $LRCX

Jefferies Financial Group Inc. grew its position in Lam Research Corporation (NASDAQ:LRCX) by 15.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,973 shares of the semiconductor company’s stock after purchasing an additional 2,308 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Lam Research were worth $2,905,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Planning Alternatives Ltd. ADV increased its position in Lam Research by 1.2% during the fourth quarter. Planning Alternatives Ltd. ADV now owns 7,091 shares of the semiconductor company’s stock worth $1,214,000 after acquiring an additional 84 shares during the period. CFO4Life Group LLC increased its position in Lam Research by 62.9% during the fourth quarter. CFO4Life Group LLC now owns 3,728 shares of the semiconductor company’s stock worth $638,000 after acquiring an additional 1,440 shares during the period. Americana Partners LLC increased its position in Lam Research by 28.7% during the fourth quarter. Americana Partners LLC now owns 8,191 shares of the semiconductor company’s stock worth $1,402,000 after acquiring an additional 1,826 shares during the period. Lloyd Advisory Services LLC. bought a new position in Lam Research during the fourth quarter worth $50,000. Finally, SGL Investment Advisors Inc. bought a new position in Lam Research during the fourth quarter worth $392,000. Institutional investors own 84.61% of the company’s stock.

Insider Buying and Selling at Lam Research

In other Lam Research news, insider Ava Harter sold 6,010 shares of the business’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $258.66, for a total value of $1,554,546.60. Following the sale, the insider owned 53,205 shares of the company’s stock, valued at $13,762,005.30. The trade was a 10.15% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Douglas R. Bettinger sold 50,057 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the completion of the sale, the chief financial officer directly owned 1,081,705 shares in the company, valued at $242,334,371.15. This trade represents a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 120,066 shares of company stock valued at $27,953,242 in the last 90 days. 0.31% of the stock is currently owned by company insiders.

Lam Research Trading Up 5.7%

Shares of Lam Research stock opened at $322.68 on Wednesday. The firm has a market capitalization of $403.53 billion, a PE ratio of 60.88, a price-to-earnings-growth ratio of 2.53 and a beta of 1.81. 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 company’s fifty day moving average price is $258.19 and its two-hundred day moving average price is $217.89. Lam Research Corporation has a 52-week low of $79.49 and a 52-week high of $323.98.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.11. The firm had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The business’s revenue for the quarter was up 23.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, analysts expect that Lam Research Corporation will post 5.67 EPS for the current year.

Lam Research Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Wednesday, June 17th will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Wednesday, June 17th. Lam Research’s payout ratio is 19.62%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Wall Street Zen lowered shares of Lam Research from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Evercore boosted their target price on shares of Lam Research from $275.00 to $300.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Citigroup reaffirmed a “buy” rating and set a $315.00 target price (up from $300.00) on shares of Lam Research in a research report on Thursday, April 23rd. Berenberg Bank boosted their target price on shares of Lam Research from $265.00 to $335.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Finally, Bank of America boosted their target price on shares of Lam Research from $285.00 to $330.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Twenty-seven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Lam Research has a consensus rating of “Moderate Buy” and an average price target of $293.46.

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.