Lam Research Corporation $LRCX Shares Sold by FourThought Financial Partners LLC

Posted by Stanley Muller on May 21st, 2026

FourThought Financial Partners LLC reduced its holdings in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 6.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,372 shares of the semiconductor company’s stock after selling 2,077 shares during the period. FourThought Financial Partners LLC’s holdings in Lam Research were worth $5,199,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Arrowstreet Capital Limited Partnership increased its holdings in Lam Research by 781.3% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock worth $1,518,542,000 after acquiring an additional 10,053,978 shares in the last quarter. Invesco Ltd. lifted its holdings in Lam Research by 18.2% during the third quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock valued at $2,836,397,000 after purchasing an additional 3,263,658 shares in the last quarter. California Public Employees Retirement System grew its position in shares of Lam Research by 108.7% in the third quarter. California Public Employees Retirement System now owns 4,526,099 shares of the semiconductor company’s stock valued at $606,045,000 after purchasing an additional 2,356,897 shares during the period. AQR Capital Management LLC increased its stake in shares of Lam Research by 138.6% during the third quarter. AQR Capital Management LLC now owns 3,541,230 shares of the semiconductor company’s stock worth $472,294,000 after purchasing an additional 2,056,749 shares in the last quarter. Finally, M&T Bank Corp increased its stake in shares of Lam Research by 1,925.5% during the fourth quarter. M&T Bank Corp now owns 1,717,551 shares of the semiconductor company’s stock worth $294,010,000 after purchasing an additional 1,632,754 shares in the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on LRCX. Erste Group Bank cut Lam Research from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Argus raised their target price on Lam Research from $175.00 to $280.00 in a research report on Tuesday, February 3rd. Citic Securities lifted their price target on Lam Research from $165.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. Weiss Ratings cut Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 14th. Finally, Berenberg Bank raised their price objective on Lam Research from $265.00 to $335.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Twenty-seven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $292.97.

Read Our Latest Analysis on Lam Research

Lam Research Stock Up 6.8%

Shares of NASDAQ:LRCX opened at $292.09 on Thursday. Lam Research Corporation has a 52-week low of $79.49 and a 52-week high of $302.00. The stock has a market cap of $365.28 billion, a P/E ratio of 55.11, a PEG ratio of 2.26 and a beta of 1.81. The business has a fifty day moving average of $250.60 and a two-hundred day moving average of $213.69. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35.

Lam Research (NASDAQ:LRCX – Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.11. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The firm had revenue of $5.84 billion for the quarter, compared to analysts’ expectations of $5.70 billion. During the same quarter in the previous year, the company posted $1.04 EPS. The company’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 expect that Lam Research Corporation will post 5.67 earnings per share for the current year.

Insider Buying and Selling at Lam Research

In other news, insider Ava Harter sold 6,010 shares of the firm’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 transaction of $1,554,546.60. Following the completion of the sale, the insider owned 53,205 shares in the company, valued at $13,762,005.30. This trade represents a 10.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Neil J. Fernandes sold 18,170 shares of Lam Research 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 sale, the senior vice president directly owned 66,129 shares in the company, valued at approximately $16,872,153.06. The trade was a 21.55% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 120,066 shares of company stock worth $27,953,242 in the last ninety days. 0.31% of the stock is owned by insiders.

More Lam Research News

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

Positive Sentiment: Morgan Stanley upgraded Lam Research (LRCX) to Overweight after raising its wafer-fab equipment industry outlook, signaling stronger expected demand across the semiconductor equipment cycle. LRCX Overweight: How Lam Research Is Poised to Outperform the $149B WFE Market
Positive Sentiment: Lam Research raised its WFE outlook amid surging AI chip demand, with commentary pointing to record quarterly revenue and EPS strength, which supports the case for continued system-sales growth. LRCX Ups WFE View Amid AI Demand: Can It Lift Systems Revenues?
Positive Sentiment: Bernstein lifted price targets on LRCX after increasing global WFE spending forecasts, citing better prospects for memory expansion in China and elsewhere. Bernstein lifts price targets on LRCX and KLAC after lifting WFE forecasts
Positive Sentiment: Lam Research opened a new research lab in Salzburg, Austria, to advance chip-packaging technology aimed at increasing chip density and lowering costs, reinforcing its exposure to AI-related advanced packaging demand. Lam Research opens Austria lab to advance chip packaging, cut costs
Neutral Sentiment: Industry coverage highlighted Lam Research as one of the key semiconductor equipment “picks-and-shovels” plays behind the memory and AI manufacturing boom, which supports the long-term bull case but is more thematic than immediately actionable. Forget the Memory Chip Arms Race. The Real Trade Is the 3 Equipment Companies Every Chipmaker Must Pay First
Neutral Sentiment: TipRanks said Lam Research is riding the AI wave to a record quarter, but this mainly reinforces the already-positive earnings narrative rather than adding a new catalyst. Lam Research Rides AI Wave to Record Quarter
Negative Sentiment: One Zacks comparison argued that Applied Materials may have an edge over LRCX because of more diversified tools, AI software, and a cheaper valuation, which could temper enthusiasm around Lam versus peers. Lam Research vs. Applied Materials: Which AI Chip Stock Has the Edge?

About Lam Research

(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.