Lam Research (NASDAQ:LRCX) CFO Douglas Bettinger Sells 40,329 Shares

Lam Research Corporation (NASDAQ:LRCX) CFO Douglas Bettinger sold 40,329 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $230.22, for a total value of $9,284,542.38. Following the completion of the sale, the chief financial officer owned 1,054,012 shares in the company, valued at $242,654,642.64. The trade was a 3.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Lam Research Trading Down 5.9%

NASDAQ:LRCX opened at $217.27 on Wednesday. The company has a market cap of $271.32 billion, a P/E ratio of 44.52, a price-to-earnings-growth ratio of 2.49 and a beta of 1.77. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $256.68. The business has a 50 day moving average price of $218.86 and a two-hundred day moving average price of $167.34. 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 (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The business had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.23 billion. During the same quarter in the previous year, the firm posted $0.91 earnings per share. The firm’s revenue for the quarter was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, analysts expect that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Wednesday, March 4th. Lam Research’s dividend payout ratio is currently 21.31%.

Key Lam Research News

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

• Positive Sentiment: Lam’s latest quarterly results and guidance remain supportive: the company beat EPS and revenue estimates last quarter and issued FY guidance that keeps the multi-quarter recovery narrative intact — a key reason many analysts remain constructive on the name. (Earnings/guidance from company filings and recent earnings release)
• Positive Sentiment: Coverage and analyst sentiment emphasize Lam’s outperformance versus semiconductor peers over the past year, helping underpin investor confidence in the stock’s secular positioning. How Is Lam Research’s Stock Performance Compared to Other Semiconductor Stocks?
• Positive Sentiment: Long-term bullish research highlights Lam as a core pick for investors focused on secular demand in logic and foundry tooling, reinforcing buy-and-hold interest. Why Lam Research (LRCX) is a Top Stock for the Long-Term
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference; presentations can reaffirm execution plans and demand cadence but did not disclose material new guidance that would immediately change the outlook. Investors will parse the transcript for color on order trends and capex timing. Lam Research Corporation (LRCX) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
• Neutral Sentiment: Technical/commentary pieces suggest potential for further upside in the near term (price targets cited), but these are speculative and may amplify intraday volatility rather than change fundamentals. Lam Research (LRCX) Favors Final Push In To $262.9 – $280.8 Before Pullback
• Negative Sentiment: Insider selling: the CFO sold ~40,329 shares (~$9.3M) and another insider sold 4,000 shares (~$0.93M) in early March. Large, contemporaneous insider sales can spark short-term selling pressure and investor concern, even when insiders retain substantial positions. CFO Form 4 (SEC)
• Negative Sentiment: Near-term performance data show the stock underperformed peers on Monday, which can trigger algorithmic and momentum selling into weakness. Lam Research Corp. stock underperforms Monday when compared to competitors

Analysts Set New Price Targets

Several analysts recently issued reports on the company. The Goldman Sachs Group set a $262.00 target price on Lam Research and gave the stock a “buy” rating in a report on Thursday, January 29th. Rothschild & Co Redburn boosted their price target on Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Oppenheimer reiterated an “outperform” rating and set a $265.00 price objective on shares of Lam Research in a research note on Thursday, January 29th. JPMorgan Chase & Co. raised their target price on shares of Lam Research from $165.00 to $300.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Finally, Barclays set a $250.00 target price on shares of Lam Research in a report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $245.19.

Institutional Investors Weigh In On Lam Research

Large investors have recently added to or reduced their stakes in the business. PMV Capital Advisers LLC bought a new position in shares of Lam Research in the fourth quarter valued at about $25,000. Mcguire Capital Advisors Inc. acquired a new position in Lam Research in the 4th quarter valued at about $27,000. Core Wealth Advisors LLC acquired a new position in Lam Research in the 4th quarter valued at about $29,000. University of Illinois Foundation bought a new position in Lam Research in the 4th quarter valued at about $30,000. Finally, Sankala Group LLC acquired a new stake in Lam Research during the fourth quarter worth approximately $31,000. Institutional investors own 84.61% of the company’s stock.

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.