Insider Selling: Lam Research (NASDAQ:LRCX) Insider Sells 5,000 Shares of Stock

Lam Research Corporation (NASDAQ:LRCX) insider Ava Harter sold 5,000 shares of the company’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $302.46, for a total value of $1,512,300.00. Following the sale, the insider owned 42,462 shares in the company, valued at approximately $12,843,056.52. This trade represents a 10.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Lam Research Stock Down 3.6%

LRCX stock traded down $10.93 during mid-day trading on Tuesday, reaching $290.56. The company had a trading volume of 2,598,029 shares, compared to its average volume of 10,968,979. The firm has a fifty day simple moving average of $328.26 and a 200 day simple moving average of $290.09. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63. The company has a market capitalization of $363.58 billion, a price-to-earnings ratio of 50.56, a price-to-earnings-growth ratio of 1.20 and a beta of 1.84. Lam Research Corporation has a fifty-two week low of $94.11 and a fifty-two week high of $438.50.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.13. Lam Research had a return on equity of 67.60% and a net margin of 31.27%.The business had revenue of $6.72 billion during the quarter, compared to the consensus estimate of $6.66 billion. During the same period in the previous year, the company posted $1.33 earnings per share. The business’s revenue for the quarter was up 30.0% on a year-over-year basis. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Analysts forecast that Lam Research Corporation will post 9.33 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 23rd will be issued a dividend of $0.33 per share. This is a boost from Lam Research’s previous quarterly dividend of $0.26. The ex-dividend date is Wednesday, September 23rd. This represents a $1.32 annualized dividend and a yield of 0.5%. Lam Research’s dividend payout ratio (DPR) is presently 18.06%.

Hedge Funds Weigh In On Lam Research

Several large investors have recently bought and sold shares of the stock. Brighton Jones LLC boosted its holdings in shares of Lam Research by 1,032.4% in the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after acquiring an additional 12,936 shares during the period. Caxton Associates LLP acquired a new stake in Lam Research during the 1st quarter worth $239,000. Gabelli Funds LLC purchased a new position in Lam Research during the 2nd quarter worth $253,000. NewEdge Advisors LLC increased its stake in Lam Research by 2.7% in the second quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock valued at $9,785,000 after purchasing an additional 2,661 shares during the period. Finally, Osterweis Capital Management Inc. raised its holdings in shares of Lam Research by 5,206.7% in the second quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock valued at $77,000 after buying an additional 781 shares during the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on LRCX shares. Seaport Research Partners initiated coverage on shares of Lam Research in a report on Monday, May 4th. They issued a “buy” rating and a $300.00 price objective on the stock. Susquehanna reiterated a “positive” rating and set a $475.00 target price (up from $385.00) on shares of Lam Research in a research note on Tuesday, June 30th. Wall Street Zen cut Lam Research from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Cantor Fitzgerald set a $500.00 price target on Lam Research and gave the stock an “overweight” rating in a report on Monday, June 29th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $400.00 price objective (up from $330.00) on shares of Lam Research in a research report on Monday, June 15th. One analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Lam Research has a consensus rating of “Moderate Buy” and a consensus price target of $358.97.

Key Lam Research News

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

• Positive Sentiment: UBS lowered its price target for Lam Research from $435 to $425 but maintained a Buy rating. The revised target still implies substantial upside from current levels, suggesting the firm views the recent weakness as an attractive entry point. UBS price target report
• Positive Sentiment: Lam Research raised its dividend by 27%, signaling confidence in cash generation and shareholder returns. Recent results also benefited from the AI-driven buildout, which is supporting demand for semiconductor manufacturing equipment. Lam Research dividend increase
• Positive Sentiment: Recent commentary upgraded Lam Research’s investment case, arguing that the summer pullback may offer a buying opportunity as semiconductor demand and production expansion remain strong. Lam Research summer pullback analysis
• Neutral Sentiment: Lam Research’s latest reported quarter exceeded analyst expectations, with revenue increasing 30% year over year and earnings surpassing consensus. Management’s next-quarter earnings guidance remains an important catalyst for the stock.
• Negative Sentiment: A global bond selloff pushed long-term yields higher, pressuring semiconductor stocks and prompting investors to reassess expensive growth stocks. The sector-wide risk-off move is contributing to weakness in LRCX. Semiconductor stocks and rising yields
• Negative Sentiment: Analysts have warned that Lam Research’s declining exposure to China could reduce a source of demand, while export restrictions and geopolitical uncertainty remain risks for semiconductor-equipment suppliers. Lam Research China exposure analysis

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.