Bessemer Group Inc. Has $169.67 Million Holdings in Lam Research Corporation $LRCX

Bessemer Group Inc. lifted its position in Lam Research Corporation (NASDAQ:LRCX) by 1,955.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 794,104 shares of the semiconductor company’s stock after acquiring an additional 755,462 shares during the quarter. Bessemer Group Inc.’s holdings in Lam Research were worth $169,668,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cedar Mountain Advisors LLC raised its stake in Lam Research by 242.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 85 shares during the period. Vermillion Wealth Management Inc. purchased a new stake in shares of Lam Research in the first quarter valued at $26,000. PMV Capital Advisers LLC acquired a new stake in shares of Lam Research in the fourth quarter worth $25,000. Bayban purchased a new position in shares of Lam Research during the fourth quarter valued at $26,000. Finally, Mcguire Capital Advisors Inc. purchased a new position in shares of Lam Research during the fourth quarter valued at $27,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on LRCX shares. Barclays reissued an “overweight” rating and issued a $335.00 price objective (up from $275.00) on shares of Lam Research in a research note on Thursday, June 11th. Raymond James Financial set a $425.00 target price on Lam Research in a research note on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft upped their target price on Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Needham & Company LLC raised their price target on shares of Lam Research from $300.00 to $390.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Finally, Seaport Research Partners began coverage on shares of Lam Research in a report on Monday, May 4th. They set a “buy” rating and a $300.00 price target for the company. Twenty-eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Lam Research has an average rating of “Moderate Buy” and an average price target of $358.67.

Insider Buying and Selling at Lam Research

In related news, SVP Neil J. Fernandes sold 18,170 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the transaction, the senior vice president owned 66,129 shares of the company’s stock, valued at approximately $16,872,153.06. This trade represents a 21.55% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of Lam Research stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of $335.00, for a total transaction of $6,124,470.00. Following the completion of the sale, the director owned 87,142 shares of the company’s stock, valued at $29,192,570. This trade represents a 17.34% 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 sold a total of 104,621 shares of company stock worth $33,804,737 in the last ninety days. Insiders own 0.31% of the company’s stock.

Trending Headlines about Lam Research

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

• Positive Sentiment: TD Cowen raised its price target on Lam Research and kept a Buy rating, reinforcing expectations that AI-driven semiconductor spending remains a tailwind.
• Positive Sentiment: Morgan Stanley named Lam Research one of its top stock picks for strong upcoming earnings, which supports confidence in the company’s near-term fundamental outlook.
• Positive Sentiment: Recent commentary continues to highlight Lam Research as a beneficiary of AI-related demand for wafer fabrication equipment, HBM, and advanced DRAM.
• Neutral Sentiment: Ithaka Group added LRCX to its portfolio in the second quarter, showing institutional interest, but this is not a direct catalyst for the stock’s move today.
• Neutral Sentiment: Valuation-focused articles suggest Lam Research may already reflect a lot of optimism after a strong multi-year run, which could limit upside if growth expectations cool.
• Negative Sentiment: Director Abhijit Talwalkar sold 18,282 shares in a pre-arranged Rule 10b5-1 transaction, adding a modest headwind to sentiment even though the sale was planned.
• Negative Sentiment: Sector-wide weakness tied to TSMC’s capex reset and ASML-related selling is weighing on Lam Research along with the rest of the semiconductor equipment group.

Lam Research Stock Performance

Shares of NASDAQ LRCX opened at $320.96 on Friday. The business’s 50-day moving average price is $339.19 and its two-hundred day moving average price is $268.63. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. Lam Research Corporation has a one year low of $90.93 and a one year high of $438.50. The company has a market capitalization of $401.38 billion, a P/E ratio of 60.56, a price-to-earnings-growth ratio of 1.99 and a beta of 1.80.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results 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. The company had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The business’s quarterly revenue was up 23.8% on a year-over-year basis. During the same period last year, the business earned $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Analysts anticipate that Lam Research Corporation will post 5.68 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th were issued a $0.26 dividend. The ex-dividend date was Wednesday, June 17th. This represents a $1.04 dividend on an annualized basis and a yield of 0.3%. Lam Research’s dividend payout ratio is currently 19.62%.

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.