Integrated Wealth Concepts LLC Sells 5,061 Shares of Lam Research Corporation $LRCX

Integrated Wealth Concepts LLC cut its holdings in Lam Research Corporation (NASDAQ:LRCX) by 7.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 63,727 shares of the semiconductor company’s stock after selling 5,061 shares during the period. Integrated Wealth Concepts LLC’s holdings in Lam Research were worth $27,615,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Brighton Jones LLC raised its stake in shares of Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after purchasing an additional 12,936 shares during the period. Caxton Associates LLP purchased a new position in Lam Research during the 1st quarter valued at about $239,000. Gabelli Funds LLC bought a new stake in shares of Lam Research during the second quarter valued at about $253,000. NewEdge Advisors LLC lifted its holdings in shares of Lam Research by 2.7% in the second quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock worth $9,785,000 after buying an additional 2,661 shares in the last quarter. Finally, Osterweis Capital Management Inc. lifted 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 worth $77,000 after buying an additional 781 shares in the last quarter. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Oppenheimer reaffirmed an “outperform” rating and set a $400.00 price objective (up from $330.00) on shares of Lam Research in a research note on Monday, June 15th. Cantor Fitzgerald set a $500.00 price target on shares of Lam Research and gave the company an “overweight” rating in a report on Monday, June 29th. TD Cowen restated a “buy” rating and set a $400.00 price target (up from $340.00) on shares of Lam Research in a research report on Thursday, July 9th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $350.00 price target (down from $450.00) on shares of Lam Research in a report on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $320.00 price objective on shares of Lam Research in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Lam Research presently has a consensus rating of “Moderate Buy” and an average price target of $361.81.

Insider Activity at Lam Research

In related news, Director Abhijit Talwalkar sold 18,282 shares of Lam Research stock in a transaction on Monday, July 13th. The shares were sold at an average price of $335.00, for a total value of $6,124,470.00. Following the transaction, the director owned 87,142 shares in the company, valued at $29,192,570. This trade represents a 17.34% decrease in their position. The sale was disclosed in a document filed 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, Director Eric Brandt sold 54,500 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the completion of the sale, the director directly owned 199,205 shares of the company’s stock, valued at $69,881,114. This represents a 21.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 77,782 shares of company stock valued at $26,755,370. Insiders own 0.31% of the company’s stock.

Lam Research News Summary

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

• Positive Sentiment: AI-related semiconductor investment, high-bandwidth memory production and advanced DRAM spending are supporting demand for Lam Research’s wafer-fabrication equipment. Higher earnings estimates and potential updates from upcoming management presentations are adding to the bullish outlook. Why Is Lam Research Corp LRCX Stock Suddenly Gaining Momentum?
• Positive Sentiment: Lam Research’s latest quarterly results exceeded expectations, with earnings per share of $1.82 versus a $1.69 consensus estimate and revenue of $6.72 billion versus $6.66 billion expected. Revenue increased 30% year over year, while company guidance calls for fiscal first-quarter 2027 EPS of $2.00 to $2.30.
• Positive Sentiment: Analysts and financial commentators remain constructive, citing record revenue, margin expansion, strong AI-chip demand and favorable long-term earnings prospects. The stock has substantially outperformed broader computer-and-technology benchmarks, and brokerages collectively maintain a “Moderate Buy” rating. Lam Research Receives Consensus Rating of Moderate Buy
• Neutral Sentiment: Recent technical readings are mixed: Williams %R indicates buying interest, while MACD and RSI remain neutral. Upcoming management presentations could provide more information on customer spending and clarify whether the current momentum is sustainable.
• Neutral Sentiment: A report about Lam Research backing a structured MRI study appears unrelated to the semiconductor company’s core operations and is unlikely to be a meaningful stock catalyst. Lam Research Backs Structured MRI Study
• Negative Sentiment: Despite the favorable outlook, LRCX has nearly tripled over the past year and trades at an elevated earnings multiple. That performance increases the risk of profit-taking or a pullback if AI-related spending slows, estimates disappoint or management offers cautious guidance.

Lam Research Stock Performance

Shares of NASDAQ LRCX opened at $320.42 on Wednesday. The stock’s 50-day moving average is $317.01 and its 200 day moving average is $292.86. The stock has a market cap of $400.95 billion, a price-to-earnings ratio of 55.63, a P/E/G ratio of 1.22 and a beta of 1.85. Lam Research Corporation has a 1-year low of $104.46 and a 1-year high of $438.50. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $6.66 billion. During the same quarter in the prior year, the firm earned $1.33 earnings per share. Lam Research’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. On average, sell-side analysts anticipate that Lam Research Corporation will post 9.33 EPS for the current fiscal year.

Lam Research Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd will be paid a $0.33 dividend. This is a positive change from Lam Research’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Wednesday, September 23rd. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.4%. Lam Research’s dividend payout ratio is currently 22.92%.

Lam Research Profile

Lam Research Corporation is a semiconductor equipment company that develops and manufactures systems used in the fabrication of integrated circuits. Its equipment supports key wafer-processing steps, including deposition, etch, wafer cleaning, and related processes used to create and connect the microscopic features found on semiconductor devices.

The company serves semiconductor manufacturers producing a range of products, including memory, logic, and specialty chips. In addition to manufacturing equipment, Lam Research provides installation, maintenance, spare parts, upgrades, technical support, and other services intended to help customers operate and improve their fabrication facilities.

Founded in 1980, Lam Research is headquartered in Fremont, California, and serves customers through a global network of offices, engineering facilities, and support operations.