Lam Research Corporation $LRCX Position Reduced by Ellevest Inc.

Ellevest Inc. trimmed its position in Lam Research Corporation (NASDAQ:LRCX) by 10.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,663 shares of the semiconductor company’s stock after selling 324 shares during the quarter. Ellevest Inc.’s holdings in Lam Research were worth $259,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Brighton Jones LLC raised its stake in Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after purchasing an additional 12,936 shares during the period. TD Private Client Wealth LLC grew its holdings in shares of Lam Research by 13.4% during the first quarter. TD Private Client Wealth LLC now owns 6,285 shares of the semiconductor company’s stock valued at $457,000 after buying an additional 743 shares in the last quarter. U.S. Capital Wealth Advisors LLC grew its holdings in shares of Lam Research by 5.1% during the first quarter. U.S. Capital Wealth Advisors LLC now owns 5,902 shares of the semiconductor company’s stock valued at $429,000 after buying an additional 289 shares in the last quarter. Greenleaf Trust raised its position in Lam Research by 2.2% during the first quarter. Greenleaf Trust now owns 55,108 shares of the semiconductor company’s stock valued at $4,006,000 after buying an additional 1,196 shares during the period. Finally, Axxcess Wealth Management LLC lifted its stake in Lam Research by 34.8% in the 1st quarter. Axxcess Wealth Management LLC now owns 10,663 shares of the semiconductor company’s stock worth $775,000 after acquiring an additional 2,753 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Activity at Lam Research

In other Lam Research news, insider Ava Harter sold 9,010 shares of the stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $157.47, for a total transaction of $1,418,804.70. Following the transaction, the insider owned 56,786 shares in the company, valued at $8,942,091.42. This trade represents a 13.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Bethany Mayer sold 1,298 shares of Lam Research stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $159.99, for a total transaction of $207,667.02. Following the completion of the transaction, the director directly owned 1,652 shares in the company, valued at approximately $264,303.48. This represents a 44.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 62,498 shares of company stock valued at $8,875,663. Corporate insiders own 0.31% of the company’s stock.

Lam Research Stock Performance

LRCX stock opened at $162.19 on Friday. The firm has a 50 day moving average of $133.76 and a two-hundred day moving average of $105.64. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $166.92. The company has a market capitalization of $203.72 billion, a price-to-earnings ratio of 35.72, a P/E/G ratio of 1.68 and a beta of 1.87. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.04. The business had revenue of $5.32 billion during the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. Lam Research’s quarterly revenue was up 27.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, equities analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.6%. Lam Research’s dividend payout ratio is currently 22.91%.

Analyst Upgrades and Downgrades

LRCX has been the topic of several research analyst reports. Wells Fargo & Company lifted their target price on Lam Research from $135.00 to $145.00 and gave the company an “equal weight” rating in a research note on Thursday, October 23rd. KeyCorp boosted their price objective on shares of Lam Research from $105.00 to $115.00 and gave the company an “overweight” rating in a research report on Tuesday, July 15th. New Street Research increased their target price on shares of Lam Research from $105.00 to $140.00 and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. Mizuho boosted their price target on shares of Lam Research from $162.00 to $170.00 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Finally, UBS Group set a $165.00 price target on shares of Lam Research and gave the stock a “buy” rating in a research note on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, Lam Research currently has a consensus rating of “Moderate Buy” and a consensus price target of $148.54.

About Lam Research

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.