Lam Research Corporation $LRCX Shares Purchased by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC raised its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 20.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 98,862 shares of the semiconductor company’s stock after buying an additional 16,661 shares during the period. Concurrent Investment Advisors LLC’s holdings in Lam Research were worth $42,840,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. World Equity Group Inc. grew its position in Lam Research by 0.5% in the 2nd quarter. World Equity Group Inc. now owns 5,576 shares of the semiconductor company’s stock valued at $2,416,000 after acquiring an additional 29 shares in the last quarter. Tenzing Financial LLC lifted its position in shares of Lam Research by 3.5% during the second quarter. Tenzing Financial LLC now owns 1,018 shares of the semiconductor company’s stock worth $441,000 after purchasing an additional 34 shares in the last quarter. Paragon Private Wealth Management LLC lifted its position in shares of Lam Research by 1.3% during the second quarter. Paragon Private Wealth Management LLC now owns 2,719 shares of the semiconductor company’s stock worth $1,178,000 after purchasing an additional 35 shares in the last quarter. Gibraltar Capital Management Inc. boosted its stake in shares of Lam Research by 3.6% in the second quarter. Gibraltar Capital Management Inc. now owns 1,050 shares of the semiconductor company’s stock valued at $455,000 after purchasing an additional 36 shares during the period. Finally, Elevated Financial Group LLC boosted its stake in shares of Lam Research by 3.0% in the second quarter. Elevated Financial Group LLC now owns 1,223 shares of the semiconductor company’s stock valued at $530,000 after purchasing an additional 36 shares during the period. 84.61% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

LRCX has been the subject of several recent research reports. Wall Street Zen cut shares of Lam Research from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Wells Fargo & Company reiterated an “overweight” rating and issued a $350.00 price objective (down from $450.00) on shares of Lam Research in a research note on Thursday, July 30th. HSBC reiterated a “hold” rating and issued a $333.00 target price on shares of Lam Research in a report on Monday, July 27th. TD Cowen reissued a “buy” rating and set a $400.00 target price (up from $340.00) on shares of Lam Research in a research note on Thursday, July 9th. Finally, Barclays restated an “overweight” rating and set a $335.00 price target (up from $275.00) on shares of Lam Research in a report on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $358.97.

Insiders Place Their Bets

In other Lam Research news, insider Ava Harter sold 5,000 shares of the firm’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the transaction, the insider owned 42,462 shares of the company’s stock, valued at approximately $12,843,056.52. This trade represents a 10.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Brandt sold 54,500 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $350.80, for a total value of $19,118,600.00. Following the completion of the sale, the director directly owned 199,205 shares of the company’s stock, valued at $69,881,114. The trade was a 21.48% 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. Over the last 90 days, insiders have sold 77,782 shares of company stock valued at $26,755,370. 0.31% of the stock is currently owned by insiders.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Investor coverage continues to identify Lam Research as a beneficiary of AI data-center spending, memory-chip demand and advanced semiconductor manufacturing. Articles point to opportunities across etch, deposition and other wafer-fabrication equipment markets. AI data-center spending article
• Positive Sentiment: Lam’s fundamental momentum remains strong. Its latest quarterly results exceeded analyst expectations for earnings and revenue, with revenue up 30% year over year, and management provided quarterly EPS guidance of $2.00 to $2.30. The company also raised its quarterly dividend from $0.26 to $0.33, supporting shareholder returns. Dividend increase article
• Positive Sentiment: Lam Research was included in growth-at-a-reasonable-price and AI-investment stock screens, indicating that some analysts believe its earnings growth can support the company’s premium valuation. GARP stocks article
• Neutral Sentiment: UBS lowered its Lam Research price target to $425 from $435 but maintained a Buy rating. The reduction signals more measured expectations while the rating still reflects confidence in the company’s long-term prospects. UBS price-target article
• Negative Sentiment: Valuation is a key risk after LRCX’s substantial multiyear rally. Recent commentary says the shares appear fully priced, leaving less room for disappointment and making continued gains dependent on strong execution and earnings growth. Lam Research valuation article
• Negative Sentiment: An insider sold 5,000 shares valued at approximately $1.5 million. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, which limits its significance, but it contributed to near-term selling pressure. Insider sale article
• Negative Sentiment: Rising Treasury yields and renewed inflation concerns are weighing on high-multiple semiconductor stocks by reducing the present value of future growth. Exposure to China and the possibility of limited near-term returns add further caution. Market pressure article

Lam Research Stock Up 1.5%

LRCX stock opened at $292.66 on Friday. The stock has a market cap of $366.21 billion, a P/E ratio of 50.81, a PEG ratio of 1.14 and a beta of 1.85. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30. Lam Research Corporation has a twelve month low of $97.16 and a twelve month high of $438.50. The company’s 50 day moving average is $322.77 and its two-hundred day moving average is $291.28.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.13. The business had revenue of $6.72 billion during the quarter, compared to analysts’ expectations of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The company’s revenue for the quarter was up 30.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Research analysts expect that Lam Research Corporation will post 9.33 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 23rd will be paid a $0.33 dividend. This is a boost from Lam Research’s previous quarterly dividend of $0.26. This represents a $1.32 annualized dividend and a yield of 0.5%. The ex-dividend date is Wednesday, September 23rd. Lam Research’s payout ratio is currently 18.06%.

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.