Northbridge Financial Group LLC Takes $425,000 Position in Lam Research Corporation $LRCX

Posted by on May 20th, 2026

Northbridge Financial Group LLC purchased a new stake in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,485 shares of the semiconductor company’s stock, valued at approximately $425,000.

A number of other large investors have also made changes to their positions in the company. First Business Financial Services Inc. raised its holdings in shares of Lam Research by 2.5% during the fourth quarter. First Business Financial Services Inc. now owns 26,859 shares of the semiconductor company’s stock valued at $4,598,000 after acquiring an additional 648 shares during the period. Hardy Reed LLC raised its holdings in shares of Lam Research by 1.4% during the fourth quarter. Hardy Reed LLC now owns 7,282 shares of the semiconductor company’s stock valued at $1,247,000 after acquiring an additional 104 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of Lam Research during the fourth quarter valued at approximately $9,032,000. Tredje AP fonden raised its holdings in shares of Lam Research by 287.0% during the fourth quarter. Tredje AP fonden now owns 274,669 shares of the semiconductor company’s stock valued at $47,018,000 after acquiring an additional 203,688 shares during the period. Finally, Handelsbanken Fonder AB raised its holdings in shares of Lam Research by 8.2% during the fourth quarter. Handelsbanken Fonder AB now owns 660,641 shares of the semiconductor company’s stock valued at $113,089,000 after acquiring an additional 49,847 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.

Key Lam Research News

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

  • Positive Sentiment: Lam Research said its latest quarterly results benefited from strong AI-related demand, with management highlighting a “record quarter” and continued momentum in advanced chip spending. The earnings-call recap suggests investors are encouraged by the company’s role in the AI infrastructure buildout. Lam Research Rides AI Wave to Record Quarter
  • Positive Sentiment: Morgan Stanley upgraded Lam Research, adding to the bullish analyst tone around the stock. Separately, B. Riley raised its price target to $385 from $350 and kept a Buy rating, citing AI investment that is accelerating faster than expected. Morgan Stanley upgrades Lam Research (LRCX)
  • Positive Sentiment: More broadly, Morgan Stanley lifted its wafer fab equipment outlook and reshuffled ratings across semiconductor equipment names, reflecting expectations for a longer and stronger cycle, with improved NAND momentum supporting the group. Semicap stocks: Morgan Stanley raises WFE outlook and shifts ratings
  • Neutral Sentiment: Reports that U.S.-China semiconductor talks may ease export and supply-chain tensions are also helping sentiment across chip equipment stocks, though the outcome remains uncertain. Potential Beijing Thaw Puts Lam Research Export And Supply Risks In Focus

Insiders Place Their Bets

In other news, CFO Douglas R. Bettinger sold 50,057 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the transaction, the chief financial officer owned 1,081,705 shares in the company, valued at $242,334,371.15. This represents a 4.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Neil J. Fernandes sold 18,170 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the transaction, the senior vice president owned 66,129 shares in the company, valued at approximately $16,872,153.06. This trade represents a 21.55% 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 have sold a total of 120,066 shares of company stock valued at $27,953,242 in the last three months. Insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on LRCX. Susquehanna upped their price target on Lam Research from $350.00 to $385.00 and gave the company a “positive” rating in a research report on Thursday, April 23rd. Wells Fargo & Company upped their price target on Lam Research from $290.00 to $320.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. Bank of America upped their price target on Lam Research from $285.00 to $330.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. HSBC upped their price target on Lam Research from $221.00 to $247.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Finally, B. Riley Financial upped their price target on Lam Research from $350.00 to $375.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Twenty-seven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $292.97.

Get Our Latest Analysis on Lam Research

Lam Research Stock Down 1.6%

Lam Research stock opened at $273.38 on Wednesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. Lam Research Corporation has a twelve month low of $79.49 and a twelve month high of $302.00. The firm’s 50 day moving average price is $248.98 and its two-hundred day moving average price is $212.77. The firm has a market cap of $341.88 billion, a PE ratio of 51.58, a P/E/G ratio of 2.30 and a beta of 1.81.

Lam Research (NASDAQ:LRCX – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The company had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. During the same period in the prior year, the firm posted $1.04 EPS. The business’s revenue was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, research analysts predict that Lam Research Corporation will post 5.67 EPS for the current fiscal year.

Lam Research Company Profile

(Free Report)

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.

Featured Articles

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Institutional Ownership by Quarter for Lam Research (NASDAQ:LRCX)

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