Lam Research (NASDAQ:LRCX) Director Bethany Mayer Sells 9,557 Shares

Lam Research Corporation (NASDAQ:LRCX) Director Bethany Mayer sold 9,557 shares of the company’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total value of $3,007,970.18. Following the transaction, the director directly owned 20,995 shares in the company, valued at $6,607,966.30. The trade was a 31.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Lam Research Trading Down 5.6%

Shares of NASDAQ LRCX opened at $298.01 on Friday. Lam Research Corporation has a one year low of $108.29 and a one year high of $438.50. The firm has a market capitalization of $372.91 billion, a PE ratio of 51.74, a PEG ratio of 1.25 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. The business has a 50-day moving average price of $314.44 and a two-hundred day moving average price of $293.79.

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

Lam Research Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 23rd will be given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Wednesday, September 23rd. This is a positive change from Lam Research’s previous quarterly dividend of $0.26. Lam Research’s payout ratio is currently 18.06%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of LRCX. Fideuram Asset Management Ireland dac bought a new position in Lam Research in the fourth quarter valued at about $10,035,000. Rokos Capital Management LLP grew its holdings in shares of Lam Research by 42.0% during the first quarter. Rokos Capital Management LLP now owns 259,921 shares of the semiconductor company’s stock worth $55,532,000 after purchasing an additional 76,840 shares during the last quarter. Aware Super Pty Ltd as trustee of Aware Super bought a new stake in shares of Lam Research during the first quarter worth about $59,973,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Lam Research during the first quarter worth about $26,489,000. Finally, Krilogy Financial LLC increased its stake in shares of Lam Research by 19.5% in the first quarter. Krilogy Financial LLC now owns 28,111 shares of the semiconductor company’s stock valued at $6,006,000 after buying an additional 4,584 shares during the period. Institutional investors own 84.61% of the company’s stock.

Key Lam Research News

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

• Positive Sentiment: Industry forecasts point to strong demand for wafer-fabrication equipment. Spending is projected to increase 16.9% to $135.2 billion in 2026, while DRAM and NAND investment is expected to grow faster as artificial-intelligence workloads drive demand for high-bandwidth memory, advanced DRAM and enterprise storage. Lam Research is viewed as having particularly strong exposure to the memory recovery. 3 Chip Equipment Stocks Set to Win the Memory Boom
• Positive Sentiment: Lam Research returned $5.12 billion to shareholders in fiscal 2026 through buybacks and dividends, including a 27% dividend increase. Strong earnings and capital returns remain supportive for long-term investors. Lam Research Returns $5B+ to Shareholders in FY26
• Positive Sentiment: Recent conference coverage and analyst commentary continue to emphasize Lam Research’s competitive positioning, memory exposure and wide economic moat. Its latest reported quarter also exceeded consensus estimates for earnings and revenue, with revenue up 30% year over year.
• Neutral Sentiment: Reported September short interest was zero shares, implying no meaningful short-selling pressure. However, the data appears unreliable because it shows no change from the prior period and a zero days-to-cover ratio.
• Neutral Sentiment: Several reports describe clinical studies involving “Lam Research,” but these appear unrelated to the semiconductor-equipment company and should not be treated as LRCX news.
• Negative Sentiment: Director Bethany Mayer sold 9,557 shares for approximately $3.0 million, reducing her holdings by 31.28%. The transaction may weigh modestly on sentiment, although a single insider sale is not necessarily evidence of deteriorating fundamentals. SEC insider transaction filing

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on LRCX shares. Evercore restated an “outperform” rating and set a $355.00 price target on shares of Lam Research in a report on Monday, July 20th. Needham & Company LLC reiterated a “buy” rating and set a $390.00 price objective on shares of Lam Research in a report on Thursday, July 30th. Barclays reissued an “overweight” rating and set a $335.00 price objective (up from $275.00) on shares of Lam Research in a research report on Thursday, June 11th. Jefferies Financial Group set a $335.00 target price on Lam Research and gave the company a “buy” rating in a research note on Thursday, July 30th. Finally, B. Riley Financial dropped their target price on Lam Research from $385.00 to $350.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $361.81.

Lam Research Company Profile

Lam Research Corporation is a semiconductor equipment company that develops and manufactures systems used in the fabrication of integrated circuits. Its equipment supports key wafer-processing steps, including deposition, etch, wafer cleaning, and related processes used to create and connect the microscopic features found on semiconductor devices.

The company serves semiconductor manufacturers producing a range of products, including memory, logic, and specialty chips. In addition to manufacturing equipment, Lam Research provides installation, maintenance, spare parts, upgrades, technical support, and other services intended to help customers operate and improve their fabrication facilities.

Founded in 1980, Lam Research is headquartered in Fremont, California, and serves customers through a global network of offices, engineering facilities, and support operations.