2,059 Lam Research Corporation $LRCX Shares Sold by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC lowered its position in Lam Research Corporation (NASDAQ:LRCX) by 11.3% during the third quarter, Holdings Channel reports. The institutional investor owned 16,206 shares of the semiconductor company’s stock after selling 2,059 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in Lam Research were worth $5,329,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Absolute Capital Management LLC increased its position in shares of Lam Research by 7.8% during the third quarter. Absolute Capital Management LLC now owns 4,116 shares of the semiconductor company’s stock worth $1,353,000 after purchasing an additional 298 shares in the last quarter. JGP Global Gestao de Recursos Ltda. purchased a new stake in shares of Lam Research during the 3rd quarter valued at $259,000. Alpine Bank Wealth Management acquired a new stake in shares of Lam Research in the 3rd quarter worth $105,000. Kintegral Advisory LLC boosted its position in shares of Lam Research by 0.6% in the 3rd quarter. Kintegral Advisory LLC now owns 43,077 shares of the semiconductor company’s stock worth $14,165,000 after purchasing an additional 243 shares in the last quarter. Finally, RKL Wealth Management LLC boosted its position in shares of Lam Research by 7.9% in the 3rd quarter. RKL Wealth Management LLC now owns 1,620 shares of the semiconductor company’s stock worth $532,000 after purchasing an additional 118 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on LRCX. Zacks Research upgraded Lam Research from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 17th. Susquehanna reiterated a “positive” rating and issued a $475.00 price target (up from $385.00) on shares of Lam Research in a research note on Tuesday, June 30th. HSBC reissued a “hold” rating and issued a $333.00 price target on shares of Lam Research in a report on Monday, July 27th. Weiss Ratings lowered Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, September 4th. Finally, Jefferies Financial Group set a $335.00 price target on Lam Research and gave the stock a “buy” rating in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $364.59.

Insider Activity

In other news, Director Bethany Mayer sold 9,557 shares of the firm’s stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total value of $3,007,970.18. Following the completion of the transaction, the director directly owned 20,995 shares in the company, valued at $6,607,966.30. This trade represents a 31.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Ava Harter sold 5,000 shares of Lam Research stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $302.46, for a total value of $1,512,300.00. Following the sale, the insider directly owned 42,462 shares of the company’s stock, valued at $12,843,056.52. This trade represents a 10.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.31% of the company’s stock.

Trending Headlines about Lam Research

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

• Positive Sentiment: Lam Research is integrating NVIDIA’s NanoVDB open-source library into its SEMulator3D modeling platform. GPU-accelerated wafer-etch simulations could improve chip-design and manufacturing efficiency, supporting the company’s longer-term role in AI-driven semiconductor fabs. Lam Research Ties AI Fab Push to Faster SEMulator3D Modeling
• Positive Sentiment: Analysts continue to see substantial upside, with Benzinga’s 22-analyst average target near $346 and a separate consensus implying roughly 25.6% potential appreciation. Recent earnings-estimate revisions could provide support if Lam delivers a strong quarterly report. Lam Research Stock Hits Longest Losing Streak Ever Wall Street Analysts See Upside in Lam Research
• Neutral Sentiment: Analysts are previewing the quarter ended September 2026, focusing on operating metrics beyond headline revenue and earnings estimates. The report could produce a significant re-rating depending on guidance and demand commentary. Lam Research Q1 Earnings Preview
• Neutral Sentiment: Options markets are pricing a potentially large post-earnings move—about $28.6 billion in implied market capitalization swing—signaling elevated volatility rather than a clear directional view. Lam Research Could Swing After Earnings
• Negative Sentiment: Hotter-than-expected inflation has renewed fears that higher interest rates could restrain AI infrastructure spending, weighing broadly on semiconductor and equipment stocks, including Lam Research. Semiconductor Stocks Trade Down on Inflation Concerns
• Negative Sentiment: Lam Research was on track for its ninth consecutive decline, its longest losing streak since 1984. The persistent technical weakness may be encouraging selling despite analysts’ bullish price targets. Lam Research Dips More Than the Broader Market

Lam Research Price Performance

NASDAQ LRCX opened at $263.94 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.63 and a quick ratio of 1.91. The stock’s fifty day moving average price is $309.03 and its 200 day moving average price is $308.04. Lam Research Corporation has a 1 year low of $135.50 and a 1 year high of $438.50. The company has a market cap of $330.30 billion, a price-to-earnings ratio of 45.82, a PEG ratio of 1.05 and a beta of 1.85.

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, topping analysts’ consensus estimates of $1.69 by $0.13. Lam Research had a return on equity of 67.60% and a net margin of 31.27%. The company had revenue of $6.72 billion during the quarter, compared to analyst estimates of $6.66 billion. During the same quarter last year, the business posted $1.33 EPS. The firm’s quarterly revenue was up 30.0% on a year-over-year basis. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, equities research analysts forecast that Lam Research Corporation will post 9.34 earnings per share for the current year.

Lam Research Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd were issued a $0.33 dividend. This is a boost from Lam Research’s previous quarterly dividend of $0.26. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Wednesday, September 23rd. Lam Research’s dividend payout ratio is currently 22.92%.

Lam Research Company Profile

Lam Research Corporation (NASDAQ:LRCX) is a semiconductor equipment company that develops and manufactures systems used to fabricate integrated circuits. Its technologies support key stages of wafer processing, helping semiconductor manufacturers create the increasingly complex structures found in memory, logic and other types of chips.

The company’s product portfolio includes etch systems, which selectively remove materials from wafers; deposition systems, which apply thin films; and cleaning solutions used to remove contaminants and residue during manufacturing.