Lam Research Corporation $LRCX Shares Sold by KPP Advisory Services LLC

KPP Advisory Services LLC trimmed its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 11.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,520 shares of the semiconductor company’s stock after selling 1,689 shares during the period. KPP Advisory Services LLC’s holdings in Lam Research were worth $2,889,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the stock. Greenup Street Wealth Management LLC lifted its position in Lam Research by 1.8% in the first quarter. Greenup Street Wealth Management LLC now owns 2,433 shares of the semiconductor company’s stock valued at $520,000 after acquiring an additional 44 shares during the last quarter. Triumph Capital Management increased its position in shares of Lam Research by 22.5% during the fourth quarter. Triumph Capital Management now owns 245 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 45 shares in the last quarter. Traphagen Investment Advisors LLC increased its position in shares of Lam Research by 2.4% during the fourth quarter. Traphagen Investment Advisors LLC now owns 1,963 shares of the semiconductor company’s stock worth $336,000 after purchasing an additional 46 shares in the last quarter. Bank of Jackson Hole Trust lifted its holdings in shares of Lam Research by 12.6% in the 4th quarter. Bank of Jackson Hole Trust now owns 428 shares of the semiconductor company’s stock valued at $73,000 after purchasing an additional 48 shares during the last quarter. Finally, Field & Main Bank lifted its holdings in shares of Lam Research by 1.1% in the 4th quarter. Field & Main Bank now owns 4,615 shares of the semiconductor company’s stock valued at $790,000 after purchasing an additional 50 shares during the last quarter. 84.61% of the stock is owned by hedge funds and other institutional investors.

Lam Research Stock Down 9.7%

Shares of NASDAQ:LRCX opened at $391.26 on Thursday. Lam Research Corporation has a fifty-two week low of $90.93 and a fifty-two week high of $438.50. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. The firm’s 50-day simple moving average is $322.77 and its 200-day simple moving average is $255.36. The company has a market cap of $489.30 billion, a price-to-earnings ratio of 73.82, a PEG ratio of 3.58 and a beta of 1.79.

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. The firm had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The firm’s revenue for the quarter was up 23.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, equities research analysts predict that Lam Research Corporation will post 5.68 earnings per share for the current year.

Lam Research Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Wednesday, June 17th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Wednesday, June 17th. Lam Research’s payout ratio is presently 19.62%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on LRCX shares. Mizuho set a $380.00 price target on Lam Research and gave the stock an “outperform” rating in a research note on Wednesday, May 27th. Morgan Stanley raised Lam Research from an “underweight” rating to an “overweight” rating and increased their price objective for the company from $293.00 to $331.00 in a report on Monday, May 18th. Jefferies Financial Group raised their target price on shares of Lam Research from $285.00 to $315.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 target price on shares of Lam Research in a report on Thursday, April 23rd. Finally, Weiss Ratings downgraded shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 14th. Twenty-eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $345.39.

Insiders Place Their Bets

In other Lam Research news, 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 transaction of $1,554,546.60. Following the sale, the insider directly 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. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Neil J. Fernandes sold 18,170 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $255.14, for a total value of $4,635,893.80. Following the completion of the sale, 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 86,339 shares of company stock worth $27,680,267. 0.31% of the stock is owned by company insiders.

More Lam Research News

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

• Positive Sentiment: Analysts remain generally upbeat on Lam Research, with recent price targets raised as high as $500 and several firms maintaining Buy/Outperform ratings, suggesting Wall Street still sees meaningful upside. Is Lam Research (LRCX) a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: Multiple reports highlighted that AI infrastructure spending, advanced memory/foundry demand, and advanced packaging growth could keep boosting revenue and margins, with one note suggesting Q4 gross margin could top 50% for the first time. Can AI Demand Help Lam Research Hit New Highs for Gross Margin in Q4?
• Positive Sentiment: Lam Research was also added to the Russell Top 50 Index, which can increase institutional visibility and support fund buying over time. Lam Research (LRCX) Joins The Russell Top 50 Index As Its Market Profile Grows
• Neutral Sentiment: Recent earnings-preview coverage pointed to a strong historical pattern of beating estimates, but this was framed as an expectation rather than a new catalyst. Will Lam Research (LRCX) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Several articles noted that Lam Research is up dramatically in 2026, which supports the long-term bull case but may also encourage short-term traders to lock in gains. Lam Research Stock Surges 154% in H1’26: Should You Buy More or Exit?
• Negative Sentiment: The stock’s latest move was a steep drop, and commentary suggests semiconductor equipment names were hit by broader profit-taking in the chip sector rather than a fresh operational setback at Lam Research. Lam Research (LRCX) Registers a Bigger Fall Than the Market: Important Facts to Note

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.