Nolet Wealth Management LLC Buys Shares of 1,816 Lam Research Corporation $LRCX

Posted by Donald Scott on Jun 19th, 2026

Nolet Wealth Management LLC purchased a new stake in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,816 shares of the semiconductor company’s stock, valued at approximately $311,000.

A number of other hedge funds have also modified their holdings of LRCX. Stone Wealth Partners purchased a new stake in shares of Lam Research during the fourth quarter worth $604,000. Kera Capital Partners Inc. grew its stake in Lam Research by 3.0% in the fourth quarter. Kera Capital Partners Inc. now owns 14,237 shares of the semiconductor company’s stock valued at $2,437,000 after purchasing an additional 413 shares in the last quarter. Walser Wealth Management Company A Ltd Liability Co purchased a new position in Lam Research in the fourth quarter valued at about $382,000. Virtu Financial LLC acquired a new position in Lam Research in the 4th quarter worth about $1,421,000. Finally, Blue Capital Inc. purchased a new stake in shares of Lam Research during the 4th quarter worth about $611,000. 84.61% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, SVP Neil J. Fernandes sold 7,659 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $309.60, for a total value of $2,371,226.40. Following the transaction, the senior vice president directly owned 58,470 shares in the company, valued at approximately $18,102,312. This trade represents a 11.58% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of Lam Research stock in a transaction on Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of the transaction, the insider owned 53,205 shares in the company, valued at $13,762,005.30. This trade represents a 10.15% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 86,339 shares of company stock valued at $27,680,267. Company insiders own 0.31% of the company’s stock.

Lam Research Stock Up 4.0%

Shares of LRCX stock opened at $389.04 on Friday. The stock’s 50 day simple moving average is $298.90 and its 200 day simple moving average is $240.53. Lam Research Corporation has a twelve month low of $87.75 and a twelve month high of $401.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. The company has a market capitalization of $486.52 billion, a price-to-earnings ratio of 73.40, a PEG ratio of 3.08 and a beta of 1.85.

Lam Research (NASDAQ:LRCX – Get Free Report) last announced its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analysts’ expectations of $5.70 billion. During the same quarter in the prior year, the business earned $1.04 earnings per share. The company’s 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, research analysts predict that Lam Research Corporation will post 5.7 EPS for the current year.

Lam Research Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft boosted their price target on Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. New Street Research lifted their target price on shares of Lam Research from $235.00 to $280.00 and gave the company a “neutral” rating in a research note on Monday, April 27th. Barclays reissued an “overweight” rating and issued a $335.00 target price (up from $275.00) on shares of Lam Research in a research report on Thursday, June 11th. Susquehanna increased their price target on shares of Lam Research from $350.00 to $385.00 and gave the stock a “positive” rating in a research note on Thursday, April 23rd. Finally, Rothschild & Co Redburn lifted their price objective on shares of Lam Research from $305.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday. Twenty-eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $333.62.

Get Our Latest Stock Report on LRCX

Key Stories Impacting Lam Research

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

Positive Sentiment: Citi raised its price target on Lam Research to $450 from $315, citing booming wafer fab equipment (WFE) demand and improved forecasts for the sector. Citi lifts PTs on AMAT, LRCX, & KLAC amid booming WFE demand
Positive Sentiment: Oppenheimer increased its target on Lam Research to $400 from $330 and reiterated an Outperform rating, saying its bus tour strengthened confidence in AI-related WFE growth potential. Lam Research Corporation (LRCX)’s WFE Opportunity May Be Bigger Than Expected
Positive Sentiment: Rothschild & Co Redburn also lifted its price target to $420 from $305 and kept a Buy rating, adding to the bullish analyst momentum around the stock. MarketScreener
Positive Sentiment: Recent coverage highlighted Lam Research as a top momentum name, with articles pointing to strong earnings growth expectations and a favorable GF Score, reinforcing investor enthusiasm. Are You Looking for a Top Momentum Pick? Why Lam Research (LRCX) is a Great Choice
Neutral Sentiment: Some market commentary compared Lam Research with Texas Instruments and suggested TXN may be the more attractive valuation play, but this was more a relative-value debate than a direct negative catalyst for LRCX. TXN vs. LRCX: Which Semiconductor Stock Is the Better Buy Right Now?
Negative Sentiment: One note reported heavy put-option buying in Lam Research, which can signal that some traders are hedging against near-term downside or volatility. Stock Traders Buy High Volume of Put Options on Lam Research (NASDAQ:LRCX)

About Lam Research

(Free Report)

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.