6,958 Lam Research Corporation $LRCX Shares Sold by VestGen Advisors LLC

VestGen Advisors LLC cut its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 13.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 45,011 shares of the semiconductor company’s stock after selling 6,958 shares during the quarter. VestGen Advisors LLC’s holdings in Lam Research were worth $14,786,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in LRCX. William Mack & Associates Inc. purchased a new stake in shares of Lam Research in the 3rd quarter valued at $25,000. Cedar Mountain Advisors LLC raised its position in Lam Research by 242.9% in the 1st quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 85 shares during the period. Paladin Partners LLC purchased a new position in Lam Research in the 2nd quarter worth $26,000. Quintet Private Bank Europe S.A. raised its position in Lam Research by 100.0% in the 3rd quarter. Quintet Private Bank Europe S.A. now owns 100 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 50 shares during the period. Finally, Dakota Community Bank & Trust NA bought a new stake in Lam Research in the third quarter worth $33,000. 84.61% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

LRCX has been the subject of several recent research reports. Zacks Research downgraded shares of Lam Research from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 22nd. Citigroup reaffirmed a “buy” rating and set a $435.00 price objective (down from $450.00) on shares of Lam Research in a research note on Thursday, October 22nd. Weiss Ratings cut Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, September 4th. Evercore set a $315.00 price objective on Lam Research in a report on Tuesday, October 20th. Finally, Mizuho lowered their target price on Lam Research from $365.00 to $360.00 and set an “outperform” rating for the company in a research note on Thursday, October 22nd. Twenty-six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $360.23.

Lam Research Stock Up 5.4%

Shares of Lam Research stock opened at $253.82 on Thursday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.86 and a current ratio of 2.48. Lam Research Corporation has a 52-week low of $135.50 and a 52-week high of $438.50. The stock has a market capitalization of $317.06 billion, a price-to-earnings ratio of 37.83, a P/E/G ratio of 0.86 and a beta of 1.85. The company’s 50 day moving average price is $296.95 and its 200-day moving average price is $283.50.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, October 21st. The semiconductor company reported $2.20 EPS for the quarter, topping the consensus estimate of $2.18 by $0.02. Lam Research had a net margin of 32.34% and a return on equity of 72.15%. The company had revenue of $8.22 billion for the quarter, compared to the consensus estimate of $8.14 billion. During the same period in the previous year, the firm earned $1.26 earnings per share. The firm’s revenue for the quarter was up 54.4% on a year-over-year basis. Equities research analysts forecast that Lam Research Corporation will post 9.59 EPS for the current year.

Lam Research Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd were given a $0.33 dividend. The ex-dividend date was Wednesday, September 23rd. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from Lam Research’s previous quarterly dividend of $0.26. Lam Research’s dividend payout ratio is 19.67%.

Insider Buying and Selling at Lam Research

In related news, Director Bethany Mayer sold 9,557 shares of Lam Research stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total value of $3,007,970.18. Following the sale, the director owned 20,995 shares in the company, valued at $6,607,966.30. The trade was a 31.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Ava Harter sold 5,000 shares of Lam Research stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the sale, the insider directly owned 42,462 shares in the company, valued at $12,843,056.52. The trade was a 10.53% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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: Strong earnings and outlook: Lam Research reported quarterly revenue of $8.22 billion, up sharply from the prior year and ahead of analyst expectations. Earnings per share also exceeded consensus, while management projected approximately $8.60 billion in revenue and about $2.33 in EPS for the December quarter, signaling continued demand. Lam Research Gains as Strong Earnings and a Chip-Sector Rebound Support Shares
• Positive Sentiment: Foundry momentum: Foundry revenue reached a record in fiscal first-quarter 2027, with foundry accounting for 46% of Systems revenue, up from 44% in the previous quarter. This supports the view that advanced-node manufacturing and rising chip complexity are driving equipment purchases. Lam Research Sees Record Foundry Sales
• Positive Sentiment: Industry tailwinds and valuation appeal: SK Hynix’s long-term memory shortage outlook suggests years of potential fab construction, while analysts and research services view LRCX as more attractive after its recent selloff. Several published price targets remain well above the current trading level.
• Neutral Sentiment: Institutional positioning was mixed: many funds added shares, but others reduced holdings. This indicates continued investor interest alongside ongoing uncertainty about semiconductor-cycle durability.
• Negative Sentiment: Recent volatility and insider selling: LRCX remains well below its recent high after concerns about AI spending and valuation triggered a sharp pullback. Reported insider activity over the past six months consisted entirely of sales, which may reinforce near-term caution.

About Lam Research

Lam Research Corporation (NASDAQ:LRCX) is a semiconductor equipment company that develops and manufactures systems used to fabricate integrated circuits. Its technologies support key stages of wafer processing, helping semiconductor manufacturers create the increasingly complex structures found in memory, logic and other types of chips.

The company’s product portfolio includes etch systems, which selectively remove materials from wafers; deposition systems, which apply thin films; and cleaning solutions used to remove contaminants and residue during manufacturing.