Lam Research Corporation $LRCX Shares Sold by Lindenwold Advisors INC

Lindenwold Advisors INC lowered its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 16.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,196 shares of the semiconductor company’s stock after selling 3,478 shares during the quarter. Lam Research comprises about 1.2% of Lindenwold Advisors INC’s holdings, making the stock its 23rd largest position. Lindenwold Advisors INC’s holdings in Lam Research were worth $2,436,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Gilliland Jeter Wealth Management LLC grew its holdings in Lam Research by 0.3% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 26,501 shares of the semiconductor company’s stock valued at $3,548,000 after purchasing an additional 69 shares during the period. Gold Investment Management Ltd. raised its stake in Lam Research by 0.5% during the third quarter. Gold Investment Management Ltd. now owns 14,736 shares of the semiconductor company’s stock worth $1,973,000 after purchasing an additional 70 shares during the period. Hemington Wealth Management raised its stake in Lam Research by 4.3% during the third quarter. Hemington Wealth Management now owns 1,731 shares of the semiconductor company’s stock worth $231,000 after purchasing an additional 72 shares during the period. Magnus Financial Group LLC boosted its holdings in shares of Lam Research by 0.3% in the 3rd quarter. Magnus Financial Group LLC now owns 22,838 shares of the semiconductor company’s stock valued at $3,058,000 after purchasing an additional 76 shares during the last quarter. Finally, Addison Advisors LLC boosted its holdings in shares of Lam Research by 2.8% in the 3rd quarter. Addison Advisors LLC now owns 2,857 shares of the semiconductor company’s stock valued at $383,000 after purchasing an additional 77 shares during the last quarter. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on LRCX. Oppenheimer restated an “outperform” rating and set a $265.00 price objective on shares of Lam Research in a report on Thursday, January 29th. New Street Research lifted their target price on Lam Research from $195.00 to $235.00 and gave the company a “neutral” rating in a report on Friday, January 30th. Stifel Nicolaus boosted their price target on Lam Research from $250.00 to $280.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Summit Insights upgraded Lam Research from a “hold” rating to a “buy” rating in a research note on Thursday, January 29th. Finally, Mizuho set a $265.00 price objective on Lam Research in a report on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $245.35.

Lam Research Stock Performance

NASDAQ:LRCX opened at $224.71 on Thursday. The firm’s fifty day simple moving average is $226.06 and its 200 day simple moving average is $175.71. The company has a current ratio of 2.26, a quick ratio of 1.61 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 $256.68. The firm has a market capitalization of $280.61 billion, a price-to-earnings ratio of 46.05, a PEG ratio of 2.44 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last announced 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 during the quarter, compared to the consensus estimate of $5.23 billion. During the same period in the prior year, the firm earned $0.91 EPS. The firm’s quarterly 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, equities research analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

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

Insider Activity at Lam Research

In other Lam Research news, insider Ava Harter sold 1,500 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $222.66, for a total value of $333,990.00. Following the completion of the sale, the insider owned 53,205 shares of the company’s stock, valued at $11,846,625.30. This trade represents a 2.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the sale, the chief financial officer owned 1,081,705 shares in the company, valued at $242,334,371.15. This represents a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 130,886 shares of company stock worth $29,658,802. 0.31% of the stock is currently owned by company insiders.

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.