2,622 Shares of Lam Research Corporation $LRCX Acquired by M Holdings Securities Inc.

M Holdings Securities Inc. bought a new position in Lam Research Corporation (NASDAQ:LRCX) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 2,622 shares of the semiconductor company’s stock, valued at approximately $861,000.

Several other hedge funds and other institutional investors also recently modified their holdings of LRCX. Avantax Planning Partners Inc. boosted its holdings in shares of Lam Research by 13.3% in the 3rd quarter. Avantax Planning Partners Inc. now owns 8,931 shares of the semiconductor company’s stock worth $2,934,000 after purchasing an additional 1,050 shares in the last quarter. Brighton Jones LLC raised its holdings in shares of Lam Research by 86.2% during the 3rd quarter. Brighton Jones LLC now owns 51,700 shares of the semiconductor company’s stock valued at $16,986,000 after buying an additional 23,929 shares in the last quarter. Ethic Inc. raised its holdings in shares of Lam Research by 0.8% during the 3rd quarter. Ethic Inc. now owns 174,686 shares of the semiconductor company’s stock valued at $57,386,000 after buying an additional 1,374 shares in the last quarter. Endowment Wealth Management Inc. bought a new stake in Lam Research in the 3rd quarter worth approximately $422,000. Finally, StoneX Group Inc. lifted its position in Lam Research by 78.7% in the 3rd quarter. StoneX Group Inc. now owns 2,648 shares of the semiconductor company’s stock worth $860,000 after buying an additional 1,166 shares during the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research News Roundup

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

• Positive Sentiment: Lam’s gross margin reached a record 52.4% in Q1 2027, supported by strong demand and a favorable product mix. This points to strong profitability, though supply constraints could limit further improvement. Lam Research’s Gross Margin Hits 52.4%: Can it Climb Further?
• Positive Sentiment: Recent coverage cited a $25 billion buyback plan, along with AI-related demand and strong earnings, as support for investor interest in the shares. LRCX Gains 8% on a $25B Buyback Plan
• Positive Sentiment: Analyst coverage remains bullish on Lam, while broader investment in high-bandwidth memory capacity could create additional demand for semiconductor manufacturing equipment. Analysts Are Bullish on Top Technology Stocks The Next AI Chip Shortage May Be the Machines That Make HBM
• Neutral Sentiment: Lam appointed longtime employee Kim Tae-won to lead its Korean operations, a region important to the company’s relationships with major chipmakers. The announcement may support execution but provides no immediate financial forecast. Lam Research Names Kim Tae Won To Lead Korea Operations
• Negative Sentiment: ETFs were net sellers of $143.1 million of LRCX shares on Nov. 6, indicating some institutional selling pressure. ETFs Are Net Sellers of Lam Research

Lam Research Stock Performance

Shares of NASDAQ:LRCX opened at $222.39 on Wednesday. The company has a market cap of $277.80 billion, a price-to-earnings ratio of 33.14, a price-to-earnings-growth ratio of 0.82 and a beta of 1.97. The company has a 50-day moving average price of $281.18 and a 200-day moving average price of $283.65. The company has a current ratio of 2.48, a quick ratio of 1.86 and a debt-to-equity ratio of 0.27. Lam Research Corporation has a 12 month low of $135.50 and a 12 month high of $438.50.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, October 21st. The semiconductor company reported $2.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.18 by $0.02. The company had revenue of $8.22 billion for the quarter, compared to the consensus estimate of $8.14 billion. Lam Research had a return on equity of 72.15% and a net margin of 32.34%. Lam Research’s revenue was up 54.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.26 EPS. As a group, equities analysts anticipate that Lam Research Corporation will post 9.60 EPS for the current year.

Lam Research Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 6th. Stockholders of record on Wednesday, December 2nd will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, December 2nd. This represents a $1.32 annualized dividend and a dividend yield of 0.6%. Lam Research’s payout ratio is 19.67%.

Lam Research announced that its board has authorized a stock buyback plan on Thursday, November 5th that permits the company to buy back $25 billion in shares. This buyback authorization permits the semiconductor company to reacquire up to 9% of its stock through open market purchases. Share buyback plans are generally an indication that the company’s board believes its shares are undervalued.

Analyst Upgrades and Downgrades

LRCX has been the topic of several research reports. Berenberg Bank set a $420.00 price target on shares of Lam Research in a research note on Wednesday, September 9th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $350.00 target price (down from $450.00) on shares of Lam Research in a report on Thursday, July 30th. Zacks Research downgraded shares of Lam Research from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 22nd. Bank of America restated a “buy” rating and set a $345.00 price target on shares of Lam Research in a research report on Thursday, October 22nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $375.00 price objective on shares of Lam Research in a research note on Monday, October 19th. Twenty-six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $357.57.

Insider Buying and Selling

In related news, insider Ava Harter sold 5,000 shares of the firm’s stock in a transaction on 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 completion of the sale, the insider owned 42,462 shares of the company’s stock, valued at $12,843,056.52. This trade represents a 10.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 9,557 shares of Lam Research stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the completion of the sale, the director owned 20,995 shares in the company, valued at approximately $6,607,966.30. This trade represents a 31.28% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 14,573 shares of company stock valued at $4,523,606. 0.31% of the stock is owned by corporate insiders.

Lam Research Company Profile

Lam Research is a global supplier of equipment and services used to manufacture semiconductors. Its products help chipmakers create and process the microscopic structures that form integrated circuits. The company’s wafer fabrication equipment is used for processes including etch, thin-film deposition and wafer cleaning. Lam also provides services such as equipment maintenance, upgrades, spare parts and other support for chip manufacturing operations. Founded in 1980 and headquartered in Fremont, California, Lam Research serves semiconductor manufacturers around the world.