AlphaQuest LLC Has $558,000 Stock Holdings in Lam Research Corporation $LRCX

AlphaQuest LLC cut its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 61.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,731 shares of the semiconductor company’s stock after selling 8,989 shares during the period. AlphaQuest LLC’s holdings in Lam Research were worth $558,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of LRCX. Smallwood Wealth Investment Management LLC acquired a new position in Lam Research during the first quarter valued at approximately $26,000. IMG Wealth Management Inc. acquired a new stake in shares of Lam Research in the second quarter valued at approximately $26,000. REAP Financial Group LLC acquired a new stake in shares of Lam Research in the second quarter valued at approximately $31,000. 1 North Wealth Services LLC acquired a new stake in shares of Lam Research in the first quarter valued at approximately $36,000. Finally, Rossby Financial LCC acquired a new stake in shares of Lam Research in the first quarter valued at approximately $37,000. 84.61% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Lam Research news, SVP Vahid Vahedi sold 52,190 shares of the firm’s stock in a transaction on Monday, October 13th. The stock was sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the transaction, the senior vice president owned 251,047 shares in the company, valued at $34,870,428.30. This trade represents a 17.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ava Harter sold 9,010 shares of the firm’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $157.47, for a total value of $1,418,804.70. Following the transaction, the insider owned 56,786 shares in the company, valued at approximately $8,942,091.42. This trade represents a 13.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.31% of the stock is owned by company insiders.

Lam Research Price Performance

Lam Research stock opened at $155.62 on Wednesday. The stock’s fifty day moving average price is $125.50 and its two-hundred day moving average price is $101.30. Lam Research Corporation has a one year low of $56.32 and a one year high of $158.24. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.60. The firm has a market cap of $195.46 billion, a PE ratio of 34.28, a price-to-earnings-growth ratio of 1.64 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.04. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The firm had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.23 billion. During the same quarter last year, the company earned $0.86 EPS. The company’s revenue was up 27.7% on a year-over-year basis. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, research analysts expect that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th were paid a dividend of $0.26 per share. This is a boost from Lam Research’s previous quarterly dividend of $0.23. The ex-dividend date was Wednesday, September 24th. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. Lam Research’s dividend payout ratio is 22.91%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Summit Insights cut Lam Research from a “buy” rating to a “hold” rating in a research report on Thursday, July 31st. Raymond James Financial raised their price objective on Lam Research from $90.00 to $110.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Susquehanna raised their price objective on Lam Research from $135.00 to $200.00 and gave the company a “positive” rating in a research report on Thursday, October 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Lam Research in a research report on Wednesday, October 8th. Finally, Citigroup raised their price objective on Lam Research from $120.00 to $175.00 and gave the company a “buy” rating in a research report on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Lam Research currently has a consensus rating of “Moderate Buy” and a consensus price target of $148.83.

About Lam Research

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.