Lam Research (NASDAQ:LRCX) CFO Sells $11,214,269.71 in Stock

Lam Research Corporation (NASDAQ:LRCX) CFO Douglas Bettinger sold 50,057 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total value of $11,214,269.71. Following the transaction, the chief financial officer owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. This trade represents a 4.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Lam Research Trading Down 5.0%

Shares of Lam Research stock traded down $11.21 during trading hours on Thursday, hitting $211.78. The company’s stock had a trading volume of 5,745,102 shares, compared to its average volume of 12,191,867. The company has a market capitalization of $264.46 billion, a PE ratio of 43.40, a price-to-earnings-growth ratio of 2.34 and a beta of 1.77. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.61. The stock has a 50 day moving average of $219.78 and a 200 day moving average of $167.73. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $256.68.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The firm had revenue of $5.34 billion for the quarter, compared to the consensus estimate of $5.23 billion. During the same quarter last year, the business posted $0.91 EPS. The company’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. Analysts predict that Lam Research Corporation will post 3.71 earnings per share for the current 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 given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, March 4th. Lam Research’s dividend payout ratio is 21.31%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Citigroup boosted their price target on Lam Research from $265.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Needham & Company LLC increased their target price on Lam Research from $250.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Zacks Research raised Lam Research from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 20th. Cantor Fitzgerald restated an “overweight” rating and issued a $320.00 target price (up from $265.00) on shares of Lam Research in a research report on Thursday, January 29th. Finally, Argus increased their price target on shares of Lam Research from $175.00 to $280.00 in a research report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $245.19.

Key Lam Research News

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

• Positive Sentiment: Wall Street price-targets imply ~25% upside on average, reflecting analyst confidence from recent earnings and estimate revisions. Wall Street Analysts Think Lam Research (LRCX) Could Surge 25.43%
• Positive Sentiment: Lam’s recent financials remain supportive — revenue and EPS beat last quarter and company guidance stays constructive, underpinning bullish analyst calls. Lam Research (LRCX) Exceeds Market Returns
• Positive Sentiment: Operationally positive: Lam opened a Boise office to deepen R&D/manufacturing ties with Micron, reinforcing its role in memory and AI-related tooling demand. Lam Research Boise Expansion Deepens Ties To Micron And AI Memory Demand
• Positive Sentiment: Short-term technicals look bullish: LRCX recently cleared its 50-day moving average and a trading signal preceded an intraday high, which can attract momentum buyers. Lam Research (LRCX) Crossed Above the 50-Day Moving Average Lam Research Shares Hit Intraday High After Key Trading Signal
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference; the transcript adds color on demand cadence but disclosed no new material guidance that would immediately change the outlook. Morgan Stanley TMT Presentation Transcript
• Neutral Sentiment: Speculative technical/price-target commentary is amplifying attention (and volatility) but does not affect fundamentals — useful for traders, less so for long-term investors. Technical Push Commentary
• 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 sales can trigger short-term selling and concern. CFO Form 4 (SEC)
• Negative Sentiment: Sector/geopolitical drag: a memory & storage selloff tied to Middle East energy‑shock fears pressured LRCX alongside peers, contributing to today’s weakness. Why Lam Research (LRCX) Shares Are Trading Lower Today
• Negative Sentiment: Relative underperformance vs. peers recently can trigger algorithmic/momentum selling into weakness, intensifying intraday declines. MarketWatch Underperformance Note

Institutional Trading of Lam Research

Hedge funds and other institutional investors have recently modified their holdings of the business. Lingohr Asset Management GmbH lifted its position in shares of Lam Research by 590.7% in the third quarter. Lingohr Asset Management GmbH now owns 59,555 shares of the semiconductor company’s stock worth $7,974,000 after buying an additional 50,933 shares in the last quarter. Mediolanum International Funds Ltd increased its stake in Lam Research by 52.0% in the 3rd quarter. Mediolanum International Funds Ltd now owns 262,544 shares of the semiconductor company’s stock worth $34,417,000 after acquiring an additional 89,856 shares during the last quarter. First Citizens Bank & Trust Co. raised its holdings in shares of Lam Research by 8.0% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company’s stock worth $18,804,000 after acquiring an additional 10,408 shares in the last quarter. Thoroughbred Financial Services LLC boosted its position in shares of Lam Research by 115.2% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 22,198 shares of the semiconductor company’s stock valued at $2,972,000 after acquiring an additional 11,883 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund grew its holdings in shares of Lam Research by 30.9% in the third quarter. Oregon Public Employees Retirement Fund now owns 144,656 shares of the semiconductor company’s stock valued at $19,369,000 after purchasing an additional 34,147 shares in the last quarter. 84.61% of the stock is owned by hedge funds and other institutional investors.

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.