Lam Research (NASDAQ:LRCX) Insider Sells $1,512,300.00 in Stock

Lam Research Corporation (NASDAQ:LRCX) insider Ava Harter sold 5,000 shares of Lam Research stock in a transaction on Monday, August 31st. The stock was sold at an average price of $302.46, for a total value of $1,512,300.00. Following the transaction, the insider owned 42,462 shares in the company, valued at approximately $12,843,056.52. This represents a 10.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Lam Research Trading Down 3.6%

Shares of LRCX stock traded down $10.93 on Tuesday, hitting $290.56. 2,598,029 shares of the stock traded hands, compared to its average volume of 10,968,979. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63. Lam Research Corporation has a twelve month low of $94.11 and a twelve month high of $438.50. The firm’s 50-day moving average price is $328.26 and its two-hundred day moving average price is $290.09. The stock has a market capitalization of $363.58 billion, a PE ratio of 50.56, a PEG ratio of 1.20 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.13. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The firm had revenue of $6.72 billion during the quarter, compared to analysts’ expectations of $6.66 billion. During the same period last year, the business earned $1.33 earnings per share. Lam Research’s revenue was up 30.0% compared to the same quarter last year. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, analysts anticipate that Lam Research Corporation will post 9.33 EPS for the current year.

Lam Research Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 23rd will be given a $0.33 dividend. This is an increase from Lam Research’s previous quarterly dividend of $0.26. This represents a $1.32 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Wednesday, September 23rd. Lam Research’s dividend payout ratio (DPR) is presently 18.06%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Stifel Nicolaus increased their price target on Lam Research from $325.00 to $425.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $350.00 target price (down from $450.00) on shares of Lam Research in a research report on Thursday, July 30th. Sanford C. Bernstein increased their target price on shares of Lam Research from $325.00 to $340.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Citigroup reiterated a “buy” rating and set a $450.00 price target (up from $315.00) on shares of Lam Research in a research report on Wednesday, June 17th. Finally, Seaport Research Partners started coverage on shares of Lam Research in a research note on Monday, May 4th. They issued a “buy” rating and a $300.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $358.97.

Key Lam Research News

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

• Positive Sentiment: UBS lowered its price target for Lam Research from $435 to $425 but maintained a Buy rating. The revised target still implies substantial upside from current levels, suggesting the firm views the recent weakness as an attractive entry point. UBS price target report
• Positive Sentiment: Lam Research raised its dividend by 27%, signaling confidence in cash generation and shareholder returns. Recent results also benefited from the AI-driven buildout, which is supporting demand for semiconductor manufacturing equipment. Lam Research dividend increase
• Positive Sentiment: Recent commentary upgraded Lam Research’s investment case, arguing that the summer pullback may offer a buying opportunity as semiconductor demand and production expansion remain strong. Lam Research summer pullback analysis
• Neutral Sentiment: Lam Research’s latest reported quarter exceeded analyst expectations, with revenue increasing 30% year over year and earnings surpassing consensus. Management’s next-quarter earnings guidance remains an important catalyst for the stock.
• Negative Sentiment: A global bond selloff pushed long-term yields higher, pressuring semiconductor stocks and prompting investors to reassess expensive growth stocks. The sector-wide risk-off move is contributing to weakness in LRCX. Semiconductor stocks and rising yields
• Negative Sentiment: Analysts have warned that Lam Research’s declining exposure to China could reduce a source of demand, while export restrictions and geopolitical uncertainty remain risks for semiconductor-equipment suppliers. Lam Research China exposure analysis

Institutional Trading of Lam Research

Several hedge funds have recently made changes to their positions in LRCX. California State Teachers Retirement System lifted its holdings in Lam Research by 42,619.5% during the 2nd quarter. California State Teachers Retirement System now owns 821,470,614 shares of the semiconductor company’s stock worth $355,967,861,000 after buying an additional 819,547,672 shares in the last quarter. Norges Bank acquired a new position in shares of Lam Research in the fourth quarter worth $3,645,427,000. Price T Rowe Associates Inc. MD increased its position in shares of Lam Research by 352.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 13,695,210 shares of the semiconductor company’s stock worth $2,344,347,000 after acquiring an additional 10,666,540 shares during the period. Van ECK Associates Corp increased its position in shares of Lam Research by 411.8% during the second quarter. Van ECK Associates Corp now owns 11,089,395 shares of the semiconductor company’s stock worth $4,805,368,000 after acquiring an additional 8,922,854 shares during the period. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Lam Research in the second quarter valued at $3,777,585,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

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.