Sapient Capital LLC purchased a new position in Lam Research Corporation (NASDAQ:LRCX – Free Report) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 2,584 shares of the semiconductor company’s stock, valued at approximately $450,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. PMV Capital Advisers LLC purchased a new stake in Lam Research in the fourth quarter worth about $25,000. Stance Capital LLC purchased a new stake in Lam Research in the third quarter worth about $26,000. Triumph Capital Management purchased a new stake in Lam Research in the third quarter worth about $27,000. Harbor Investment Advisory LLC increased its position in Lam Research by 73.9% in the fourth quarter. Harbor Investment Advisory LLC now owns 240 shares of the semiconductor company’s stock worth $41,000 after buying an additional 102 shares in the last quarter. Finally, WealthCollab LLC increased its position in Lam Research by 29.3% in the fourth quarter. WealthCollab LLC now owns 243 shares of the semiconductor company’s stock worth $42,000 after buying an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.
Insider Buying and Selling
In other Lam Research news, SVP Neil J. Fernandes sold 18,170 shares of the firm’s 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 directly owned 66,129 shares in the company, valued at $16,872,153.06. This trade represents a 21.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the firm’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $258.66, for a total value of $1,554,546.60. Following the transaction, the insider owned 53,205 shares in the company, valued at $13,762,005.30. The trade was a 10.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 120,066 shares of company stock valued at $27,953,242. Insiders own 0.31% of the company’s stock.
More Lam Research News
- 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
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on LRCX shares. KeyCorp reaffirmed a “sector weight” rating on shares of Lam Research in a research note on Thursday, January 29th. Evercore upped their price objective on Lam Research from $275.00 to $300.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Erste Group Bank lowered Lam Research from a “buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Deutsche Bank Aktiengesellschaft upped their price objective on Lam Research from $300.00 to $325.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Finally, New Street Research upped their price objective on Lam Research from $235.00 to $280.00 and gave the stock a “neutral” rating in a research note on Monday, April 27th. Twenty-seven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $292.97.
Read Our Latest Research Report on Lam Research
Lam Research Stock Performance
NASDAQ:LRCX opened at $273.38 on Wednesday. The firm has a market capitalization of $341.88 billion, a PE ratio of 51.58, a PEG ratio of 2.30 and a beta of 1.81. The stock’s fifty day moving average is $248.98 and its 200 day moving average is $212.77. Lam Research Corporation has a fifty-two week low of $79.49 and a fifty-two week high of $302.00. 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 (NASDAQ:LRCX – Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. The company had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.Lam Research’s revenue was up 23.8% on a year-over-year basis. During the same period last year, the company earned $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, sell-side analysts anticipate that Lam Research Corporation will post 5.67 earnings per share for the current year.
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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