Scott & Selber Inc. Acquires New Position in Lam Research Corporation $LRCX

Scott & Selber Inc. bought a new position in Lam Research Corporation (NASDAQ:LRCX) in the third quarter, Holdings Channel reports. The firm bought 47,533 shares of the semiconductor company’s stock, valued at approximately $6,365,000. Lam Research accounts for approximately 1.6% of Scott & Selber Inc.’s investment portfolio, making the stock its 13th largest position.

A number of other hedge funds have also bought and sold shares of LRCX. IMG Wealth Management Inc. acquired a new stake in shares of Lam Research during the second quarter worth $26,000. Howard Hughes Medical Institute purchased a new stake in Lam Research during the 2nd quarter valued at about $27,000. Strategic Wealth Investment Group LLC purchased a new stake in Lam Research during the 2nd quarter valued at about $29,000. Delos Wealth Advisors LLC acquired a new position in shares of Lam Research in the second quarter valued at about $30,000. Finally, REAP Financial Group LLC purchased a new position in shares of Lam Research in the second quarter worth about $31,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: TSMC’s $52–$56 billion 2026 CapEx roadmap is highlighted as a direct driver of equipment demand for 2nm/3D chip builds — Lam Research is named specifically for cryogenic etching used in vertical stacking. The $56 Billion Draft: Follow TSMC’s CapEx Stream
• Positive Sentiment: Coverage highlighting TSMC’s $56B AI bet lists Lam among the primary beneficiaries, reinforcing the narrative that foundry CapEx flows directly to equipment suppliers. TSMC’s $56B AI Bet Just Made These 3 Stocks Millionaire Makers
• Positive Sentiment: Multiple sell‑side firms (Wells Fargo, RBC, Stifel, BofA, Rothschild/Redburn) raised ratings and price targets — several to ~$245–$250 — signaling stronger consensus forward estimates and supporting a higher valuation. Wells Fargo upgrade / The Fly
• Positive Sentiment: Industry press (Barron’s, Seeking Alpha) links broad chip-stock strength to TSMC’s spending — reinforcing sector momentum that benefits Lam as an essential equipment vendor. ASML, Lam Research, Applied Materials Surge
• Positive Sentiment: Analyst research/upgrades (Seeking Alpha write-up and Zacks pieces) increase earnings and free-cash-flow expectations based on a wafer‑fab-equipment (WFE) “supercycle,” which supports upward revisions to LRCX valuation models. Lam Research: Why The WFE Supercycle Changes The Valuation (Rating Upgrade)
• Neutral Sentiment: Momentum and style-score stories (Zacks) reiterate LRCX’s growth traits — useful for investor positioning but less likely to move price than large-capital orders or formal guidance changes. Here’s Why Lam Research (LRCX) is a Strong Growth Stock

Insider Buying and Selling

In other news, Director Bethany Mayer sold 1,298 shares of Lam Research stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $159.99, for a total value of $207,667.02. Following the sale, the director owned 1,652 shares in the company, valued at $264,303.48. This trade represents a 44.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Ava Harter sold 9,010 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at approximately $8,942,091.42. This trade represents a 13.69% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 50,418 shares of company stock valued at $7,667,305. 0.31% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Cowen reiterated a “buy” rating on shares of Lam Research in a report on Thursday, October 23rd. Morgan Stanley set a $211.00 target price on shares of Lam Research in a research report on Thursday. B. Riley reaffirmed a “buy” rating on shares of Lam Research in a report on Thursday. The Goldman Sachs Group reiterated a “buy” rating and set a $180.00 price objective on shares of Lam Research in a research note on Friday, January 9th. Finally, Dbs Bank boosted their price objective on Lam Research from $119.40 to $184.20 in a report on Monday, October 27th. Twenty-eight equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $189.55.

Lam Research Price Performance

Shares of Lam Research stock opened at $222.96 on Friday. The firm has a market cap of $280.04 billion, a PE ratio of 49.11, a P/E/G ratio of 2.50 and a beta of 1.77. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $229.57. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37. The business has a 50-day moving average price of $171.60 and a 200 day moving average price of $136.98.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.22 by $0.04. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The company had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.23 billion. During the same quarter in the prior year, the business posted $0.86 earnings per share. Lam Research’s revenue for the quarter was up 27.7% on a year-over-year basis. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Sell-side analysts predict that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd were paid a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. Lam Research’s dividend payout ratio (DPR) is currently 22.91%.

Lam Research Company 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.