1,738 Shares in Lam Research Corporation $LRCX Bought by Greenspring Advisors LLC

Greenspring Advisors LLC bought a new position in Lam Research Corporation (NASDAQ:LRCX) in the fourth quarter, Holdings Channel.com reports. The firm bought 1,738 shares of the semiconductor company’s stock, valued at approximately $297,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. raised its stake in Lam Research by 77.4% in the 4th quarter. Evolution Wealth Management Inc. now owns 917 shares of the semiconductor company’s stock worth $157,000 after acquiring an additional 400 shares during the last quarter. Marietta Investment Partners LLC raised its stake in Lam Research by 2.5% in the 4th quarter. Marietta Investment Partners LLC now owns 16,792 shares of the semiconductor company’s stock worth $2,874,000 after acquiring an additional 413 shares during the last quarter. REAP Financial Group LLC raised its stake in Lam Research by 17.8% in the 4th quarter. REAP Financial Group LLC now owns 398 shares of the semiconductor company’s stock worth $68,000 after acquiring an additional 60 shares during the last quarter. WCG Wealth Advisors LLC raised its stake in Lam Research by 70.8% in the 4th quarter. WCG Wealth Advisors LLC now owns 26,994 shares of the semiconductor company’s stock worth $4,621,000 after acquiring an additional 11,191 shares during the last quarter. Finally, Avestar Capital LLC raised its stake in Lam Research by 6.7% in the 4th quarter. Avestar Capital LLC now owns 10,489 shares of the semiconductor company’s stock worth $1,797,000 after acquiring an additional 657 shares during the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Price Performance

NASDAQ:LRCX opened at $336.41 on Friday. Lam Research Corporation has a 52 week low of $84.34 and a 52 week high of $346.19. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $420.70 billion, a PE ratio of 63.47, a price-to-earnings-growth ratio of 2.85 and a beta of 1.85. The stock’s 50-day moving average price is $271.83 and its 200-day moving average price is $226.18.

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

Lam Research Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th will be given a dividend of $0.26 per share. The ex-dividend date is Wednesday, June 17th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. Lam Research’s dividend payout ratio (DPR) is 19.62%.

Insider Transactions at Lam Research

In other news, SVP Neil J. Fernandes sold 7,659 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the sale, the senior vice president directly owned 58,470 shares in the company, valued at $18,102,312. This trade represents a 11.58% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the firm’s stock in a transaction dated 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 in the company, valued at $13,762,005.30. This trade represents a 10.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 31,839 shares of company stock worth $8,561,667 over the last 90 days. Insiders own 0.31% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Citigroup reiterated a “buy” rating and set a $315.00 price objective (up from $300.00) on shares of Lam Research in a research note on Thursday, April 23rd. Sanford C. Bernstein lifted their price objective on Lam Research from $325.00 to $340.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Erste Group Bank lowered Lam Research from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Seaport Research Partners assumed coverage on Lam Research in a research note on Monday, May 4th. They set a “buy” rating and a $300.00 price objective for the company. Finally, Rothschild & Co Redburn lifted their price objective on Lam Research from $225.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Twenty-seven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $303.30.

Key Lam Research News

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

• Positive Sentiment: Analyst and media coverage remains upbeat on Lam Research’s long-term outlook, with recent notes highlighting strong hedge fund/Wall Street support and meaningful upside potential as wafer fab equipment demand improves. What Do Analysts Say About Lam Research (LRCX)’s Earnings Outlook?
• Positive Sentiment: Recent coverage also points to strong cash flow supporting buybacks, with roughly $4.3 billion still authorized for repurchases, which can help support per-share earnings and investor sentiment. Will Strong Cash Flows Support Lam Research’s Buyback Strategy Ahead?
• Positive Sentiment: The company’s recent earnings beat and strong revenue growth continue to reinforce the bull case, especially with AI-related semiconductor spending still supporting demand for chip equipment. Lam Research stock information
• Neutral Sentiment: An insider sale by SVP Neil J. Fernandes was disclosed, but it was executed under a pre-arranged 10b5-1 plan, so it is less likely to be viewed as a negative signal by investors. Lam Research insider trade filing
• Neutral Sentiment: Some commentary suggests the stock has already rallied strongly and is priced for a lot of optimism, which may be leading to a pause as traders await the next earnings catalyst. Why Lam Research Still Looks Like a Buy After a 300% Rally
• Negative Sentiment: The stock is slipping despite a generally favorable sector backdrop, suggesting some short-term profit-taking after recent outperformance in semiconductor names. Lam Research (LRCX) Stock Slides as Market Rises: Facts to Know Before You Trade

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.