Lam Research Corporation $LRCX Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC lowered its stake in Lam Research Corporation (NASDAQ:LRCX) by 14.6% during the fourth quarter, HoldingsChannel reports. The firm owned 61,151 shares of the semiconductor company’s stock after selling 10,492 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Lam Research were worth $10,468,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of LRCX. Arrowstreet Capital Limited Partnership increased its holdings in shares of Lam Research by 781.3% in the third quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock valued at $1,518,542,000 after purchasing an additional 10,053,978 shares during the period. Invesco Ltd. increased its holdings in shares of Lam Research by 18.2% in the third quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock valued at $2,836,397,000 after purchasing an additional 3,263,658 shares during the period. California Public Employees Retirement System increased its holdings in shares of Lam Research by 108.7% in the third quarter. California Public Employees Retirement System now owns 4,526,099 shares of the semiconductor company’s stock valued at $606,045,000 after purchasing an additional 2,356,897 shares during the period. AQR Capital Management LLC increased its holdings in shares of Lam Research by 138.6% in the third quarter. AQR Capital Management LLC now owns 3,541,230 shares of the semiconductor company’s stock valued at $472,294,000 after purchasing an additional 2,056,749 shares during the period. Finally, M&T Bank Corp increased its holdings in shares of Lam Research by 1,925.5% in the fourth quarter. M&T Bank Corp now owns 1,717,551 shares of the semiconductor company’s stock valued at $294,010,000 after purchasing an additional 1,632,754 shares during the period. Institutional investors and hedge funds 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: AI-fab orders topped expectations, fueling a sharp intraday rally as investors priced in stronger near-term equipment demand. Lam Research (LRCX) Is Up 19.5% After AI-Fab Orders Beat Expectations Has The Bull Case Changed?
• Positive Sentiment: Recent quarterly results and upbeat guidance reinforce that Lam is capturing the AI-driven capex cycle for advanced logic and memory fabs — supporting longer-term revenue and margin expansion. Why Lam Research Still Looks Like a Buy After a 300% Rally
• Positive Sentiment: Analyst and brokerage actions are skewing bullish: Seaport Global initiated coverage with a buy, and consensus brokerage ratings remain favorable — adding credibility to the rally. Seaport Global initiates coverage of Lam Research (LRCX) with buy recommendation
• Positive Sentiment: Industry supply constraints (e.g., KLA commentary) suggest equipment vendors like Lam could see sustained backlog and pricing power as fabs race to equip AI capacity. KLA’s AI Capacity Constraints Highlight Earnings Power And Buyback Commitment
• Neutral Sentiment: Some broader-market pieces argue the AI trade may rotate (e.g., toward CPUs), which could shift relative leadership within semiconductors over time — a mixed signal for Lam depending on end-market mix. This 150% Run Is Just the Beginning
• Neutral Sentiment: Sector ETFs (SOXX/SMH/FTXL) show the AI infrastructure trade is broad-based; this supports demand but also increases competition and cyclicality risk. Semiconductor Leaders SOXX, SMH, and FTXL Are Crushing It on AI Infrastructure Demand
• Negative Sentiment: Multiple write-ups note Lam’s ~300% 12‑month gain and overbought technicals — raising near-term pullback/consolidation risk for investors who chase the move now. Lam Research Has Surged 300% in a Year. Wall Street Sees More Gains Still Ahead

Lam Research Stock Down 3.5%

Lam Research stock opened at $286.72 on Friday. The stock’s 50 day moving average price is $238.93 and its 200 day moving average price is $204.97. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. The company has a market cap of $358.56 billion, a PE ratio of 54.10, a price-to-earnings-growth ratio of 2.46 and a beta of 1.81. Lam Research Corporation has a 1-year low of $74.65 and a 1-year high of $298.00.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. The company had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.Lam Research’s quarterly revenue was up 23.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, sell-side analysts predict that Lam Research Corporation will post 5.67 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

LRCX has been the topic of a number of recent research reports. KeyCorp reissued a “sector weight” rating on shares of Lam Research in a report on Thursday, January 29th. JPMorgan Chase & Co. lifted their price target on Lam Research from $300.00 to $315.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. Morgan Stanley lifted their price target on Lam Research from $260.00 to $293.00 and gave the company an “equal weight” rating in a research note on Thursday, April 23rd. Jefferies Financial Group lifted their price target on Lam Research from $285.00 to $315.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Finally, New Street Research lifted their price target on Lam Research from $235.00 to $280.00 and gave the company a “neutral” rating in a research note on Monday, April 27th. Twenty-six analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, Lam Research currently has an average rating of “Moderate Buy” and a consensus target price of $285.94.

Insiders Place Their Bets

In other Lam Research news, CFO Douglas R. Bettinger sold 50,057 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the sale, the chief financial officer directly owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ava Harter sold 6,010 shares of the business’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $258.66, for a total value of $1,554,546.60. Following the sale, the insider owned 53,205 shares in the company, valued at approximately $13,762,005.30. The trade was a 10.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 120,066 shares of company stock worth $27,953,242. 0.31% of the stock is owned by corporate insiders.

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.