Lam Research Corporation $LRCX Shares Sold by Wakefield Asset Management LLLP

Wakefield Asset Management LLLP trimmed its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 24.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 27,383 shares of the semiconductor company’s stock after selling 8,658 shares during the quarter. Lam Research comprises 1.3% of Wakefield Asset Management LLLP’s portfolio, making the stock its 13th largest position. Wakefield Asset Management LLLP’s holdings in Lam Research were worth $4,688,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. PMV Capital Advisers LLC bought a new position in Lam Research in the 4th quarter worth approximately $25,000. Stance Capital LLC bought a new position in Lam Research in the 3rd quarter worth approximately $26,000. Triumph Capital Management bought a new position in Lam Research in the 3rd quarter worth approximately $27,000. Strategic Wealth Investment Group LLC bought a new position in Lam Research in the 2nd quarter worth approximately $29,000. Finally, Measured Wealth Private Client Group LLC bought a new position in Lam Research in the 3rd quarter worth approximately $40,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Berenberg Bank increased their price objective on Lam Research from $265.00 to $335.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Evercore increased their price objective on Lam Research from $275.00 to $300.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Barclays set a $275.00 price objective on Lam Research and gave the stock an “equal weight” rating in a report on Thursday, April 23rd. HSBC increased their price objective on Lam Research from $221.00 to $247.00 and gave the stock a “hold” rating in a report on Friday, April 24th. Finally, Zacks Research lowered Lam Research from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Twenty-six research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Lam Research currently has an average rating of “Moderate Buy” and a consensus target price of $291.75.

Lam Research Stock Performance

Shares of NASDAQ LRCX opened at $284.72 on Friday. The stock has a fifty day moving average price of $246.23 and a two-hundred day moving average price of $210.73. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. The firm has a market cap of $356.06 billion, a P/E ratio of 53.72, a PEG ratio of 2.48 and a beta of 1.81. Lam Research Corporation has a 1 year low of $79.49 and a 1 year high of $302.00.

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

More Lam Research News

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

• Positive Sentiment: Lam Research is benefiting from AI-driven demand for semiconductor manufacturing equipment, with reports citing record quarterly revenue and EPS, along with expanding margins. Lam Research Rides AI Boom With Record Results And Margin Expansion
• Positive Sentiment: Management reportedly lifted its outlook for wafer fabrication equipment spending and advanced packaging revenue, reinforcing expectations for continued growth tied to AI infrastructure. Why Lam Research (LRCX) Is Levered to AI-Driven Wafer Fab and Packaging Spending
• Positive Sentiment: Wall Street sentiment remains constructive, with multiple reports pointing to bullish analyst views and higher price targets after the company topped estimates and reached record stock levels. Lam Research (LRCX) Stock Surges Past $300 Milestone as Wall Street Boosts Price Targets
• Neutral Sentiment: Several articles focused on Lam Research’s long-term investment appeal and why investors favor the stock, which adds to the positive narrative but does not appear to introduce new catalysts. If You Invested $1000 in Lam Research a Decade Ago, This is How Much It’d Be Worth Now
• Neutral Sentiment: Conference-participation news may keep Lam Research visible to investors, but it is not likely to move the stock on its own. Lam Research Corporation Announces Participation at Upcoming Conferences

Insider Transactions at Lam Research

In other news, CFO Douglas R. Bettinger sold 50,057 shares of the firm’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 completion of the sale, the chief financial officer directly owned 1,081,705 shares of the company’s stock, valued at $242,334,371.15. This trade represents a 4.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Ava Harter sold 6,010 shares of the firm’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 directly owned 53,205 shares of the company’s stock, valued at approximately $13,762,005.30. This represents a 10.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 120,066 shares of company stock valued at $27,953,242 in the last three months. 0.31% of the stock is currently 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.