Lighthouse Financial Services Inc. ADV Acquires Shares of 13,726 Lam Research Corporation $LRCX

Lighthouse Financial Services Inc. ADV acquired a new stake in Lam Research Corporation (NASDAQ:LRCX) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 13,726 shares of the semiconductor company’s stock, valued at approximately $2,350,000.

A number of other institutional investors have also recently bought and sold shares of the business. GRIMES & Co WEALTH MANAGEMENT LLC grew its stake in Lam Research by 28.0% in the 4th quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 11,976 shares of the semiconductor company’s stock valued at $2,050,000 after purchasing an additional 2,620 shares during the period. FSB Premier Wealth Management Inc. bought a new position in shares of Lam Research during the 4th quarter worth $365,000. ASR Vermogensbeheer N.V. lifted its holdings in Lam Research by 2.8% during the 4th quarter. ASR Vermogensbeheer N.V. now owns 122,532 shares of the semiconductor company’s stock worth $20,974,000 after purchasing an additional 3,373 shares in the last quarter. Cassaday & Co Wealth Management LLC lifted its holdings in Lam Research by 2.9% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 10,904 shares of the semiconductor company’s stock worth $1,867,000 after purchasing an additional 310 shares in the last quarter. Finally, Allegiance Financial Group Advisory Services LLC purchased a new stake in Lam Research during the 4th quarter worth about $252,000. Institutional investors own 84.61% of the company’s stock.

Lam Research News Summary

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

• Positive Sentiment: B. Riley raised its price target on Lam Research to $350 from $330 and kept a Buy rating, citing strong earnings and solid execution. Why Analysts Are Growing More Confident In Lam Research (LRCX)
• Positive Sentiment: Erste Group Bank lifted FY2027 EPS estimates for Lam Research to $7.88 from $7.74, suggesting analysts see better long-term earnings power. Lam Research stock page
• Positive Sentiment: Recent coverage highlights Lam Research as an AI-fab beneficiary with orders beating expectations, supporting the case for further upside after a sharp rally. Lam Research (LRCX) Is Up 19.5% After AI-Fab Orders Beat Expectations Has The Bull Case Changed?
• Neutral Sentiment: Some commentary notes the stock has already surged dramatically over the past year, which may raise overbought concerns even as Wall Street remains constructive. Lam Research Has Surged 300% in a Year. Wall Street Sees More Gains Still Ahead
• Neutral Sentiment: Investor articles argue the rally may still have room to run, but that view is speculative rather than a direct fundamental update. Why Lam Research Still Looks Like a Buy After a 300% Rally

Lam Research Stock Performance

Shares of NASDAQ LRCX opened at $294.05 on Friday. The stock has a market cap of $367.73 billion, a price-to-earnings ratio of 55.48, a P/E/G ratio of 2.37 and a beta of 1.81. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. Lam Research Corporation has a 1-year low of $74.65 and a 1-year high of $297.99. The stock’s 50-day moving average is $238.93 and its 200 day moving average is $204.97.

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

Insider Buying and Selling

In related news, SVP Neil J. Fernandes sold 18,170 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the transaction, the senior vice president directly owned 66,129 shares in the company, valued at $16,872,153.06. This trade represents a 21.55% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the firm’s stock in a transaction that occurred 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 transaction, 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. Insiders have sold a total of 120,066 shares of company stock worth $27,953,242 in the last ninety days. 0.31% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of brokerages recently issued reports on LRCX. Sanford C. Bernstein increased their price objective on Lam Research from $285.00 to $325.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. The Goldman Sachs Group reissued a “buy” rating and set a $290.00 price objective on shares of Lam Research in a report on Thursday, April 23rd. Bank of America increased their price objective on Lam Research from $285.00 to $330.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Berenberg Bank raised their price target on Lam Research from $265.00 to $335.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Finally, UBS Group set a $300.00 price target on Lam Research in a report on Thursday, January 29th. Twenty-six research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, Lam Research has a consensus rating of “Moderate Buy” and a consensus target price of $285.94.

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.