Oppenheimer Asset Management Inc. Sells 7,467 Shares of Lam Research Corporation $LRCX

Oppenheimer Asset Management Inc. reduced its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 32.3% in the third quarter, HoldingsChannel reports. The firm owned 15,656 shares of the semiconductor company’s stock after selling 7,467 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Lam Research were worth $2,096,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lingohr Asset Management GmbH grew its stake in shares of Lam Research by 590.7% during the third quarter. Lingohr Asset Management GmbH now owns 59,555 shares of the semiconductor company’s stock worth $7,974,000 after acquiring an additional 50,933 shares during the last quarter. Mediolanum International Funds Ltd raised its position in shares of Lam Research by 52.0% in the 3rd quarter. Mediolanum International Funds Ltd now owns 262,544 shares of the semiconductor company’s stock valued at $34,417,000 after purchasing an additional 89,856 shares during the last quarter. First Citizens Bank & Trust Co. boosted its stake in Lam Research by 8.0% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company’s stock worth $18,804,000 after purchasing an additional 10,408 shares in the last quarter. Oregon Public Employees Retirement Fund grew its position in Lam Research by 30.9% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 144,656 shares of the semiconductor company’s stock worth $19,369,000 after purchasing an additional 34,147 shares during the last quarter. Finally, Truist Financial Corp increased its stake in Lam Research by 119.6% during the 3rd quarter. Truist Financial Corp now owns 1,676,637 shares of the semiconductor company’s stock valued at $224,502,000 after purchasing an additional 913,009 shares in the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on LRCX. Berenberg Bank boosted their price objective on shares of Lam Research from $122.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Citic Securities boosted their price target on Lam Research from $165.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Sanford C. Bernstein raised their price objective on Lam Research from $275.00 to $285.00 and gave the stock an “outperform” rating in a research note on Monday. Citigroup lifted their target price on Lam Research from $265.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Finally, Zacks Research upgraded shares of Lam Research from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $244.88.

Insider Activity

In other news, Director Eric Brandt sold 35,000 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the sale, the director directly owned 253,705 shares in the company, valued at $57,235,848. This trade represents a 12.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.31% of the stock is currently owned by insiders.

Trending Headlines about Lam Research

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

• Positive Sentiment: Company leadership changes and new partnership efforts aimed at next‑generation chip demand bolster Lam’s positioning in high‑growth segments; this supports medium‑term revenue/growth expectations. Lam Research Reshapes Leadership And Partnerships For Next Generation Chip Demand
• Positive Sentiment: Analysts point to secular tailwinds (AI, advanced logic, memory) driving long‑term demand for Lam’s etch and deposition tools, providing a favorable industry backdrop for sustained sales and margin expansion. Analysts cite secular trends for Lam Research Corporation (LRCX)’s development
• Positive Sentiment: Sanford C. Bernstein reiterates a constructive view and expects upside, which can support sentiment and buying interest from momentum and institutional investors. Lam Research (NASDAQ:LRCX) Stock Price Expected to Rise, Sanford C. Bernstein Analyst Says
• Positive Sentiment: Recent quarterly results showed an EPS and revenue beat with raised guidance (Q3 FY2026 EPS guide 1.25–1.45), underpinning fundamentals and valuation multiple support for the stock.
• Neutral Sentiment: Pieces questioning Lam’s long‑run growth runway provide useful context for long‑term investors but contain mixed conclusions — watch thesis details rather than headlines. Does Lam Research Corporation (LRCX) Have a Long Runway for Growth?
• Neutral Sentiment: Short‑interest data reported shows no meaningful read (zeros/NaN), so there is no clear short‑pressure signal to explain intraday moves. (Likely a data artifact rather than market action.)
• Negative Sentiment: Insider selling headlines (including a 35,000‑share sale by Eric Brandt) are pressuring sentiment and sparking near‑term weakness despite no indication the sales reflect deteriorating fundamentals. Eric Brandt Sells 35,000 Shares of Lam Research (NASDAQ:LRCX) Stock
• Negative Sentiment: Related coverage highlights insider selling and notes a short‑term price decline tied to those filings, which can trigger momentum‑driven selling even when fundamentals remain intact. Lam Research (NASDAQ:LRCX) Stock Price Down 1.2% on Insider Selling

Lam Research Trading Down 1.6%

Shares of NASDAQ:LRCX opened at $231.29 on Friday. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $251.87. The business has a 50 day moving average of $200.23 and a two-hundred day moving average of $154.00. The company has a market capitalization of $288.83 billion, a PE ratio of 47.40, a PEG ratio of 2.52 and a beta of 1.78.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.10. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The firm had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.23 billion. During the same period in the previous year, the firm earned $0.91 EPS. The business’s quarterly revenue was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, analysts forecast that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Wednesday, March 4th. Lam Research’s dividend payout ratio is presently 21.31%.

Lam Research Company Profile

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.