Lam Research Corporation $LRCX Shares Bought by Independent Financial Group LLC

Posted by Brenda Bartman on Aug 15th, 2026

Independent Financial Group LLC raised its stake in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 125.6% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 33,461 shares of the semiconductor company’s stock after acquiring an additional 18,626 shares during the period. Independent Financial Group LLC’s holdings in Lam Research were worth $14,500,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Brighton Jones LLC grew its holdings in Lam Research by 1,032.4% during the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after acquiring an additional 12,936 shares during the period. Caxton Associates LLP purchased a new position in Lam Research during the first quarter valued at approximately $239,000. Gabelli Funds LLC acquired a new position in Lam Research in the second quarter valued at approximately $253,000. NewEdge Advisors LLC lifted its holdings in Lam Research by 2.7% in the second quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock valued at $9,785,000 after acquiring an additional 2,661 shares during the period. Finally, Osterweis Capital Management Inc. boosted its position in Lam Research by 5,206.7% in the 2nd quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock worth $77,000 after purchasing an additional 781 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Transactions at Lam Research

In other Lam Research news, Director Abhijit Y. Talwalkar sold 18,282 shares of the stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $335.00, for a total value of $6,124,470.00. Following the completion of the sale, the director owned 87,142 shares in the company, valued at approximately $29,192,570. This represents a 17.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Neil J. Fernandes sold 7,659 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the completion of the transaction, the senior vice president directly owned 58,470 shares in the company, valued at $18,102,312. This trade represents a 11.58% 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. Over the last three months, insiders have sold 80,441 shares of company stock valued at $27,614,296. Corporate insiders own 0.31% of the company’s stock.

Lam Research Price Performance

Shares of Lam Research stock opened at $332.36 on Friday. The stock has a market capitalization of $415.89 billion, a P/E ratio of 57.70, a PEG ratio of 1.34 and a beta of 1.84. The business has a 50 day simple moving average of $339.46 and a two-hundred day simple moving average of $283.14. Lam Research Corporation has a 12 month low of $94.11 and a 12 month high of $438.50. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.63 and a quick ratio of 1.91.

Lam Research (NASDAQ:LRCX – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.13. Lam Research had a return on equity of 67.60% and a net margin of 31.27%.The company had revenue of $6.72 billion for the quarter, compared to analyst estimates of $6.66 billion. During the same quarter last year, the firm posted $1.33 EPS. The firm’s revenue for the quarter was up 30.0% on a year-over-year basis. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, analysts predict that Lam Research Corporation will post 9.32 EPS for the current fiscal year.

Lam Research Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th were given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Wednesday, June 17th. Lam Research’s dividend payout ratio is 18.06%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Berenberg Bank raised their price objective on shares of Lam Research from $265.00 to $335.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Weiss Ratings cut shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, August 7th. Evercore reissued an “outperform” rating and set a $355.00 price target on shares of Lam Research in a report on Monday, July 20th. Wall Street Zen lowered shares of Lam Research from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $390.00 price objective on shares of Lam Research in a report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $358.47.

Check Out Our Latest Stock Analysis on LRCX

Lam Research News Summary

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

Positive Sentiment: Lam Research plans to increase R&D experiment capacity by more than 50% across facilities in the United States, Asia and Europe. Management says the investment should accelerate product development and help customers address increasingly complex AI-chip architectures, materials and nanoscale manufacturing requirements. Reuters article
Positive Sentiment: Investors are viewing Lam’s expertise in etching, including next-generation atomic-layer etching, as a potentially valuable competitive advantage as AI-driven semiconductor production requires greater manufacturing precision. The company’s recent rebound has renewed optimism that its technology could benefit from a longer-term equipment upcycle. 247WallSt article
Positive Sentiment: SanDisk’s bullish multiyear financial targets have strengthened expectations for memory-industry capital spending through 2030, supporting demand prospects for semiconductor equipment suppliers such as Lam Research. SanDisk financial targets article
Neutral Sentiment: Polen Capital identified LRCX as a top performer in its Focus Growth portfolio, while Zacks continues to highlight the stock’s long-term earnings outlook. These endorsements may support sentiment but do not represent new company guidance or guaranteed returns. Polen Capital article
Negative Sentiment: The R&D expansion requires substantial spending over several years, creating execution and return-on-investment risks. Lam also trades at a relatively elevated valuation after a sharp recovery, leaving the stock vulnerable to profit-taking and concerns that the semiconductor cycle may be approaching a peak.

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.