Banque Cantonale Vaudoise Sells 6,656 Shares of Lam Research Corporation $LRCX

Banque Cantonale Vaudoise cut its stake in Lam Research Corporation (NASDAQ:LRCX) by 12.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 44,785 shares of the semiconductor company’s stock after selling 6,656 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Lam Research were worth $7,666,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in LRCX. Vanguard Group Inc. lifted its position in shares of Lam Research by 0.3% during the third quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock valued at $17,537,447,000 after buying an additional 364,949 shares during the last quarter. State Street Corp raised its stake in shares of Lam Research by 0.4% during the 3rd quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock worth $8,024,684,000 after acquiring an additional 265,805 shares in the last quarter. Invesco Ltd. raised its stake in shares of Lam Research by 18.2% during the 3rd quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock worth $2,836,397,000 after acquiring an additional 3,263,658 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Lam Research by 781.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock valued at $1,518,542,000 after acquiring an additional 10,053,978 shares during the last quarter. Finally, Legal & General Group Plc boosted its stake in Lam Research by 1.9% in the third quarter. Legal & General Group Plc now owns 11,088,344 shares of the semiconductor company’s stock valued at $1,484,729,000 after acquiring an additional 208,670 shares in the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on LRCX. Needham & Company LLC reiterated a “buy” rating and set a $300.00 price objective on shares of Lam Research in a report on Thursday, April 23rd. Morgan Stanley upgraded Lam Research from an “underweight” rating to an “overweight” rating and boosted their target price for the stock from $293.00 to $331.00 in a research note on Monday. B. Riley Financial increased their price target on Lam Research from $350.00 to $375.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. KeyCorp restated a “sector weight” rating on shares of Lam Research in a research note on Thursday, January 29th. Finally, Argus upped their price objective on shares of Lam Research from $175.00 to $280.00 in a report on Tuesday, February 3rd. Twenty-seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Lam Research has an average rating of “Moderate Buy” and a consensus price target of $292.97.

Insider Activity at Lam Research

In other news, CFO Douglas R. Bettinger sold 50,057 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the chief financial officer directly owned 1,081,705 shares in the company, valued at $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Ava Harter sold 6,010 shares of the stock in a transaction on Monday, April 27th. The shares were 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 in the company, valued at approximately $13,762,005.30. The trade was a 10.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 120,066 shares of company stock worth $27,953,242. 0.31% of the stock is owned by company insiders.

Key Lam Research News

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

• Positive Sentiment: Lam Research said its latest quarterly results benefited from strong AI-related demand, with management highlighting a “record quarter” and continued momentum in advanced chip spending. The earnings-call recap suggests investors are encouraged by the company’s role in the AI infrastructure buildout. Lam Research Rides AI Wave to Record Quarter
• Positive Sentiment: Morgan Stanley upgraded Lam Research, adding to the bullish analyst tone around the stock. Separately, B. Riley raised its price target to $385 from $350 and kept a Buy rating, citing AI investment that is accelerating faster than expected. Morgan Stanley upgrades Lam Research (LRCX)
• Positive Sentiment: More broadly, Morgan Stanley lifted its wafer fab equipment outlook and reshuffled ratings across semiconductor equipment names, reflecting expectations for a longer and stronger cycle, with improved NAND momentum supporting the group. Semicap stocks: Morgan Stanley raises WFE outlook and shifts ratings
• Neutral Sentiment: Reports that U.S.-China semiconductor talks may ease export and supply-chain tensions are also helping sentiment across chip equipment stocks, though the outcome remains uncertain. Potential Beijing Thaw Puts Lam Research Export And Supply Risks In Focus

Lam Research Stock Performance

LRCX opened at $273.38 on Wednesday. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. Lam Research Corporation has a 12-month low of $79.49 and a 12-month high of $302.00. The firm has a 50 day moving average of $248.98 and a two-hundred day moving average of $212.77. The firm has a market capitalization of $341.88 billion, a PE ratio of 51.58, a P/E/G ratio of 2.30 and a beta of 1.81.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The firm had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. During the same quarter in the prior year, the business earned $1.04 earnings per share. The business’s quarterly revenue 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, analysts anticipate that Lam Research Corporation will post 5.67 EPS for the current year.

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.