Insight Advisors LLC PA Sells 996 Shares of Lam Research Corporation $LRCX

Insight Advisors LLC PA trimmed its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 25.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,969 shares of the semiconductor company’s stock after selling 996 shares during the quarter. Insight Advisors LLC PA’s holdings in Lam Research were worth $289,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Freedom Investment Management Inc. raised its position in shares of Lam Research by 47.3% during the 2nd quarter. Freedom Investment Management Inc. now owns 8,430 shares of the semiconductor company’s stock valued at $821,000 after purchasing an additional 2,706 shares during the period. Forum Financial Management LP boosted its holdings in shares of Lam Research by 5.9% during the 2nd quarter. Forum Financial Management LP now owns 6,275 shares of the semiconductor company’s stock valued at $611,000 after purchasing an additional 347 shares during the last quarter. Ethic Inc. increased its stake in Lam Research by 2.0% in the 2nd quarter. Ethic Inc. now owns 187,307 shares of the semiconductor company’s stock worth $18,206,000 after acquiring an additional 3,617 shares during the last quarter. Meadow Creek Wealth Advisors LLC bought a new position in Lam Research during the second quarter valued at $259,000. Finally, Rehmann Capital Advisory Group increased its stake in Lam Research by 6.5% during the second quarter. Rehmann Capital Advisory Group now owns 8,742 shares of the semiconductor company’s stock worth $851,000 after acquiring an additional 533 shares during the last quarter. 84.61% of the stock is owned by institutional investors.

Lam Research Stock Performance

NASDAQ LRCX opened at $147.54 on Friday. The stock has a fifty day simple moving average of $122.19 and a 200-day simple moving average of $98.97. The company has a current ratio of 2.21, a quick ratio of 1.55 and a debt-to-equity ratio of 0.38. The stock has a market cap of $186.05 billion, a PE ratio of 32.50, a P/E/G ratio of 1.71 and a beta of 1.84. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $153.70.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.04. The company had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a return on equity of 61.89% and a net margin of 29.66%.The firm’s revenue was up 27.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Equities analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th were paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. The ex-dividend date was Wednesday, September 24th. Lam Research’s payout ratio is presently 22.91%.

Analysts Set New Price Targets

LRCX has been the subject of several research reports. Raymond James Financial boosted their price objective on shares of Lam Research from $90.00 to $110.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Morgan Stanley increased their price objective on Lam Research from $125.00 to $137.00 and gave the stock an “equal weight” rating in a research note on Thursday. Mizuho upped their target price on Lam Research from $162.00 to $170.00 and gave the stock an “outperform” rating in a report on Thursday. UBS Group set a $165.00 price target on Lam Research and gave the stock a “buy” rating in a research report on Thursday. Finally, Rothschild & Co Redburn lifted their price objective on Lam Research from $140.00 to $150.00 and gave the company a “buy” rating in a report on Tuesday, October 14th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, Lam Research currently has a consensus rating of “Moderate Buy” and an average target price of $144.85.

Insider Buying and Selling at Lam Research

In related news, SVP Vahid Vahedi sold 52,190 shares of Lam Research stock in a transaction on Monday, October 13th. The stock was sold at an average price of $138.90, for a total value of $7,249,191.00. Following the completion of the transaction, the senior vice president directly owned 251,047 shares in the company, valued at approximately $34,870,428.30. This trade represents a 17.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.31% of the company’s stock.

Lam Research Profile

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.