Lam Research (NASDAQ:LRCX) CFO Sells $11,214,269.71 in Stock

Lam Research Corporation (NASDAQ:LRCX) CFO Douglas Bettinger sold 50,057 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the completion of the sale, the chief financial officer owned 1,081,705 shares of the company’s stock, valued at approximately $242,334,371.15. This trade represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Lam Research Stock Down 5.0%

Shares of LRCX stock traded down $11.21 during trading hours on Thursday, reaching $211.78. 5,745,102 shares of the company’s stock were exchanged, compared to its average volume of 12,191,867. The stock’s 50 day moving average is $219.78 and its 200-day moving average is $167.73. Lam Research Corporation has a fifty-two week low of $56.32 and a fifty-two week high of $256.68. The company has a market cap of $264.46 billion, a price-to-earnings ratio of 43.40, a P/E/G ratio of 2.34 and a beta of 1.77. 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 (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The business had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same quarter last year, the company earned $0.91 earnings per share. The company’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. Analysts predict that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be paid a dividend of $0.26 per share. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. Lam Research’s dividend payout ratio is presently 21.31%.

Institutional Trading of Lam Research

Several large investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its holdings in Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after purchasing an additional 12,936 shares during the period. Caxton Associates LLP purchased a new stake in shares of Lam Research during the 1st quarter worth approximately $239,000. Ignite Planners LLC boosted its stake in Lam Research by 32.8% in the second quarter. Ignite Planners LLC now owns 5,169 shares of the semiconductor company’s stock valued at $520,000 after acquiring an additional 1,277 shares in the last quarter. Sigma Planning Corp boosted its position in shares of Lam Research by 1.5% in the 2nd quarter. Sigma Planning Corp now owns 18,208 shares of the semiconductor company’s stock valued at $1,772,000 after purchasing an additional 272 shares during the period. Finally, Key Financial Inc acquired a new position in shares of Lam Research in the 2nd quarter valued at $45,000. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Key Lam Research News

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

• Positive Sentiment: Wall Street price-targets imply ~25% upside on average, reflecting analyst confidence from recent earnings and estimate revisions. Wall Street Analysts Think Lam Research (LRCX) Could Surge 25.43%
• Positive Sentiment: Lam’s recent financials remain supportive — revenue and EPS beat last quarter and company guidance stays constructive, underpinning bullish analyst calls. Lam Research (LRCX) Exceeds Market Returns
• Positive Sentiment: Operationally positive: Lam opened a Boise office to deepen R&D/manufacturing ties with Micron, reinforcing its role in memory and AI-related tooling demand. Lam Research Boise Expansion Deepens Ties To Micron And AI Memory Demand
• Positive Sentiment: Short-term technicals look bullish: LRCX recently cleared its 50-day moving average and a trading signal preceded an intraday high, which can attract momentum buyers. Lam Research (LRCX) Crossed Above the 50-Day Moving Average Lam Research Shares Hit Intraday High After Key Trading Signal
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference; the transcript adds color on demand cadence but disclosed no new material guidance that would immediately change the outlook. Morgan Stanley TMT Presentation Transcript
• Neutral Sentiment: Speculative technical/price-target commentary is amplifying attention (and volatility) but does not affect fundamentals — useful for traders, less so for long-term investors. Technical Push Commentary
• Negative Sentiment: Insider selling: the CFO sold ~40,329 shares (~$9.3M) and another insider sold 4,000 shares (~$0.93M) in early March — large contemporaneous sales can trigger short-term selling and concern. CFO Form 4 (SEC)
• Negative Sentiment: Sector/geopolitical drag: a memory & storage selloff tied to Middle East energy‑shock fears pressured LRCX alongside peers, contributing to today’s weakness. Why Lam Research (LRCX) Shares Are Trading Lower Today
• Negative Sentiment: Relative underperformance vs. peers recently can trigger algorithmic/momentum selling into weakness, intensifying intraday declines. MarketWatch Underperformance Note

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on LRCX shares. Cantor Fitzgerald reissued an “overweight” rating and issued a $320.00 price objective (up from $265.00) on shares of Lam Research in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft increased their price target on Lam Research from $260.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. JPMorgan Chase & Co. lifted their price target on Lam Research from $165.00 to $300.00 and gave the company an “overweight” rating in a research report on Thursday, January 29th. Needham & Company LLC raised their price objective on shares of Lam Research from $250.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $265.00 price objective on shares of Lam Research in a research report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Lam Research has an average rating of “Moderate Buy” and a consensus price target of $245.19.

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.