Maridea Wealth Management LLC Trims Stake in Lam Research Corporation $LRCX

Maridea Wealth Management LLC cut its holdings in Lam Research Corporation (NASDAQ:LRCX) by 78.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,657 shares of the semiconductor company’s stock after selling 23,737 shares during the quarter. Maridea Wealth Management LLC’s holdings in Lam Research were worth $959,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its stake 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 worth $1,025,000 after acquiring an additional 12,936 shares during the period. Caxton Associates LLP purchased a new stake in Lam Research during the first quarter valued at $239,000. Ignite Planners LLC increased its holdings in Lam Research by 32.8% during the second quarter. Ignite Planners LLC now owns 5,169 shares of the semiconductor company’s stock valued at $520,000 after buying an additional 1,277 shares during the last quarter. Klingman & Associates LLC bought a new stake in shares of Lam Research during the second quarter valued at approximately $207,000. Finally, IMG Wealth Management Inc. purchased a new stake in Lam Research during the second quarter valued at $26,000. Institutional investors own 84.61% of the company’s stock.

Insider Buying and Selling at Lam Research

In other news, Director Eric Brandt sold 35,000 shares of the stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the transaction, the director directly owned 253,705 shares of the company’s stock, valued at approximately $57,235,848. This represents a 12.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.31% of the company’s stock.

Lam Research Price Performance

Shares of LRCX opened at $240.09 on Thursday. The company has a 50 day moving average of $206.05 and a two-hundred day moving average of $158.29. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $251.87. The company has a market cap of $299.82 billion, a price-to-earnings ratio of 49.20, a price-to-earnings-growth ratio of 2.53 and a beta of 1.78.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The company had revenue of $5.34 billion during the quarter, compared to analysts’ expectations of $5.23 billion. During the same period last year, the business posted $0.91 earnings per share. The firm’s revenue was up 22.1% compared to the same quarter last year. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, analysts predict that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.4%. The ex-dividend date is Wednesday, March 4th. Lam Research’s payout ratio is presently 21.31%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on LRCX shares. Barclays set a $250.00 target price on shares of Lam Research in a report on Thursday, January 29th. Zacks Research upgraded Lam Research from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 20th. Morgan Stanley boosted their price objective on shares of Lam Research from $211.00 to $244.00 and gave the company an “equal weight” rating in a research report on Thursday, January 29th. BNP Paribas Exane increased their target price on shares of Lam Research from $80.00 to $140.00 and gave the company a “neutral” rating in a research note on Thursday, October 23rd. Finally, Mizuho set a $265.00 price objective on shares of Lam Research in a research note on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $244.88.

Lam Research 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.