Lam Research Corporation (NASDAQ:LRCX – Get Free Report) was the recipient of some unusual options trading on Tuesday. Stock traders acquired 56,347 put options on the stock. This is an increase of 33% compared to the average volume of 42,252 put options.
Insider Activity
In other news, insider Ava Harter sold 6,010 shares of the stock in a transaction on Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the transaction, the insider directly owned 53,205 shares of the company’s stock, valued at $13,762,005.30. This represents a 10.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Neil J. Fernandes sold 18,170 shares of the stock in a transaction on Friday, May 1st. The shares were sold at an average price of $255.14, for a total value of $4,635,893.80. Following the transaction, the senior vice president directly owned 66,129 shares in the company, valued at $16,872,153.06. The trade was a 21.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 86,339 shares of company stock valued at $27,680,267 in the last ninety days. 0.31% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Lam Research
Institutional investors have recently bought and sold shares of the business. GSG Advisors LLC grew its position in shares of Lam Research by 3.1% during the first quarter. GSG Advisors LLC now owns 1,387 shares of the semiconductor company’s stock valued at $296,000 after purchasing an additional 42 shares in the last quarter. Valued Wealth Advisors LLC grew its position in shares of Lam Research by 7.9% during the first quarter. Valued Wealth Advisors LLC now owns 589 shares of the semiconductor company’s stock valued at $126,000 after purchasing an additional 43 shares in the last quarter. Greenup Street Wealth Management LLC grew its position in shares of Lam Research by 1.8% during the first quarter. Greenup Street Wealth Management LLC now owns 2,433 shares of the semiconductor company’s stock valued at $520,000 after purchasing an additional 44 shares in the last quarter. Triumph Capital Management grew its position in shares of Lam Research by 22.5% during the fourth quarter. Triumph Capital Management now owns 245 shares of the semiconductor company’s stock valued at $42,000 after purchasing an additional 45 shares in the last quarter. Finally, Traphagen Investment Advisors LLC grew its position in shares of Lam Research by 2.4% during the fourth quarter. Traphagen Investment Advisors LLC now owns 1,963 shares of the semiconductor company’s stock valued at $336,000 after purchasing an additional 46 shares in the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.
Trending Headlines about Lam Research
- Positive Sentiment: Recent coverage says Lam Research stands out on strong demand, with analysts and fund commentary highlighting the company as a long-term growth name benefiting from solid earnings momentum and market-beating potential. Lam Research (LRCX) Stands Out on Strong Demand
- Positive Sentiment: Lam Research’s advanced packaging business is being viewed as a possible catalyst, with AI chip demand expected to boost need for etch and deposition equipment. Lam Research Expects Packaging Growth of 50%: Is It a Hidden Catalyst?
- Positive Sentiment: The broader semiconductor rally is also lifting sentiment across the group, with chip ETFs and several semiconductor stocks making new highs, which can spill over into LRCX. Chips Up 8.8% in One Week: 5 Semiconductor Names Breaking Into New Highs
- Positive Sentiment: Market commentary says Lam Research has rebounded sharply from June lows as lower rates and improved risk appetite support semicap stocks. Buy, Hold, or Sell: Lam Research Rocketed 21% Off Its June Lows as a New Fed Begins. Is LRCX Worthwhile at $366?
- Neutral Sentiment: CNBC’s “Final Trades” segment featured Lam Research as a pick, which can reinforce investor attention but does not by itself change fundamentals. Alphabet, Lam Research And A Financial Stock On CNBC’s ‘Final Trades’
- Neutral Sentiment: Director Eric Brandt sold 54,500 shares under a pre-arranged 10b5-1 trading plan, a headline that may weigh on sentiment but is not necessarily a negative signal about the business. SEC filing for director share sale
- Negative Sentiment: Unusual options activity showed a jump in put buying, suggesting some traders are hedging against near-term downside in LRCX.
Lam Research Price Performance
LRCX stock traded down $15.59 during trading on Tuesday, reaching $373.33. The company’s stock had a trading volume of 5,752,733 shares, compared to its average volume of 10,847,049. Lam Research has a 1 year low of $87.75 and a 1 year high of $393.07. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $466.88 billion, a P/E ratio of 70.80, a price-to-earnings-growth ratio of 3.02 and a beta of 1.85. The company’s fifty day moving average is $289.51 and its 200-day moving average is $235.83.
Lam Research (NASDAQ:LRCX – Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The business had revenue of $5.84 billion during the quarter, compared to analyst estimates of $5.70 billion. During the same quarter in the prior year, the business posted $1.04 EPS. Lam Research’s revenue for the quarter was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, research analysts expect that Lam Research will post 5.7 earnings per share for the current fiscal year.
Lam Research Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Wednesday, June 17th will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Wednesday, June 17th. Lam Research’s dividend payout ratio is presently 19.62%.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on LRCX shares. Royal Bank Of Canada upped their price objective on Lam Research from $290.00 to $310.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Erste Group Bank lowered Lam Research from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Zacks Research lowered Lam Research from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Deutsche Bank Aktiengesellschaft upped their price objective on Lam Research from $300.00 to $325.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $290.00 price objective on shares of Lam Research in a research note on Thursday, April 23rd. Twenty-eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $324.26.
View Our Latest Stock Report on Lam Research
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.
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