Strategic Family Wealth Counselors L.L.C. bought a new position in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,853 shares of the semiconductor company’s stock, valued at approximately $660,000.
Several other hedge funds and other institutional investors have also modified their holdings of LRCX. PMV Capital Advisers LLC bought a new stake in shares of Lam Research during the 4th quarter worth about $25,000. Stance Capital LLC bought a new stake in shares of Lam Research during the 3rd quarter worth about $26,000. Triumph Capital Management bought a new stake in shares of Lam Research during the 3rd quarter worth about $27,000. Strategic Wealth Investment Group LLC bought a new stake in shares of Lam Research during the 2nd quarter worth about $29,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of Lam Research during the 3rd quarter worth about $40,000. Institutional investors own 84.61% of the company’s stock.
More Lam Research News
Here are the key news stories impacting Lam Research this week:
- Positive Sentiment: B. Riley raised its price target on Lam Research to $375 from $350 and reiterated a buy rating, signaling continued upside expectations. MarketScreener
- Positive Sentiment: Seaport Research initiated coverage with a buy rating and a $300 price target, adding another bullish analyst view on the stock. Seaport Research Affirms Lam Research Corporation (LRCX) as One of The Top Tech Stocks in Louis Navellier’s Portfolio
- Positive Sentiment: Commentary around Lam Research’s near-50% gross margin and guidance for about 50.5% gross margin suggests strong pricing power and improving profitability, helped by AI-led demand. LRCX’s Gross Margin Near 50%: More Upside Ahead Amid AI-Led Demand?
- Positive Sentiment: Articles highlighting the memory-chip shortage argue that higher investments in semiconductor equipment could benefit Lam Research, which makes memory and wafer-fabrication tools. The Memory Shortage Has Supercharged This AI Stock That Has Jumped 293% in a Year. It Can Still Soar Higher (Hint: It’s Not Micron or Sandisk)
- Neutral Sentiment: Lam Research announced that CEO Tim Archer and CFO Doug Bettinger will participate in upcoming investor conferences, which is supportive for visibility but not a direct business catalyst. Lam Research Corporation Announces Participation at Upcoming Conferences
- Neutral Sentiment: Recent “buy/sell/hold” and long-term performance articles are mostly sentiment pieces and do not appear to change the company’s fundamentals directly. Lam Research (LRCX): Buy, sell, or hold post Q1 earnings?
Analysts Set New Price Targets
Read Our Latest Stock Report on Lam Research
Lam Research Stock Performance
NASDAQ LRCX opened at $295.44 on Thursday. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $369.47 billion, a P/E ratio of 55.74, a P/E/G ratio of 2.39 and a beta of 1.81. Lam Research Corporation has a 12-month low of $79.49 and a 12-month high of $300.00. The firm has a 50-day moving average price of $243.36 and a two-hundred day moving average price of $209.17.
Lam Research (NASDAQ:LRCX – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. The firm had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The business’s revenue for the quarter was up 23.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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 5.67 earnings per share for the current year.
Insider Activity
In other news, insider Ava Harter sold 6,010 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $258.66, for a total value of $1,554,546.60. Following the completion of the transaction, the insider directly owned 53,205 shares in the company, valued at approximately $13,762,005.30. The trade was a 10.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Neil J. Fernandes sold 18,170 shares of the business’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 completion of the transaction, the senior vice president owned 66,129 shares of the company’s stock, valued at $16,872,153.06. The trade was a 21.55% 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. In the last ninety days, insiders sold 120,066 shares of company stock worth $27,953,242. 0.31% of the stock is currently owned by corporate insiders.
Lam Research 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.
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