Intellectus Partners LLC Sells 13,558 Shares of Lam Research Corporation $LRCX

Posted by George Bondi on Jun 5th, 2026

Intellectus Partners LLC lowered its stake in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 86.7% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,075 shares of the semiconductor company’s stock after selling 13,558 shares during the quarter. Intellectus Partners LLC’s holdings in Lam Research were worth $356,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. increased its stake in Lam Research by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock valued at $17,537,447,000 after purchasing an additional 364,949 shares in the last quarter. State Street Corp increased its stake in Lam Research by 0.4% during the 3rd quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock valued at $8,024,684,000 after purchasing an additional 265,805 shares in the last quarter. Geode Capital Management LLC increased its stake in Lam Research by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 33,747,368 shares of the semiconductor company’s stock valued at $5,764,117,000 after purchasing an additional 126,613 shares in the last quarter. Norges Bank bought a new stake in Lam Research during the 4th quarter valued at $3,645,427,000. Finally, Invesco Ltd. increased its stake in Lam Research by 18.2% during the 3rd 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. Institutional investors own 84.61% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on LRCX shares. Oppenheimer restated an “outperform” rating and set a $330.00 price target on shares of Lam Research in a research note on Thursday, April 23rd. Barclays set a $275.00 price target on shares of Lam Research and gave the company an “equal weight” rating in a research note on Thursday, April 23rd. Seaport Research Partners started coverage on shares of Lam Research in a research note on Monday, May 4th. They set a “buy” rating and a $300.00 price target for the company. Morgan Stanley upgraded shares of Lam Research from an “underweight” rating to an “overweight” rating and boosted their price target for the company from $293.00 to $331.00 in a research note on Monday, May 18th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Twenty-seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Lam Research presently has an average rating of “Moderate Buy” and an average price target of $303.30.

Check Out Our Latest Research Report on LRCX

Insider Transactions at Lam Research

In related news, insider Ava Harter sold 6,010 shares of the business’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $258.66, for a total value of $1,554,546.60. Following the transaction, the insider directly owned 53,205 shares of the company’s stock, valued at approximately $13,762,005.30. The trade was a 10.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Neil J. Fernandes sold 18,170 shares of the business’s stock in a transaction dated 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 completion of 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 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. Insiders sold a total of 31,839 shares of company stock worth $8,561,667 over the last three months. 0.31% of the stock is owned by insiders.

Lam Research Price Performance

Shares of NASDAQ:LRCX opened at $336.41 on Friday. The company’s 50-day moving average is $271.83 and its 200 day moving average is $226.18. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. The company has a market capitalization of $420.70 billion, a P/E ratio of 63.47, a price-to-earnings-growth ratio of 2.85 and a beta of 1.85. Lam Research Corporation has a fifty-two week low of $84.34 and a fifty-two week high of $346.19.

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 for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. The company had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The firm’s quarterly revenue was up 23.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, equities research analysts forecast that Lam Research Corporation will post 5.67 earnings per share for the current year.

Lam Research Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be issued 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 of this dividend is Wednesday, June 17th. Lam Research’s payout ratio is 19.62%.

Lam Research News Summary

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

Positive Sentiment: Analyst and media coverage remains upbeat on Lam Research’s long-term outlook, with recent notes highlighting strong hedge fund/Wall Street support and meaningful upside potential as wafer fab equipment demand improves. What Do Analysts Say About Lam Research (LRCX)’s Earnings Outlook?
Positive Sentiment: Recent coverage also points to strong cash flow supporting buybacks, with roughly $4.3 billion still authorized for repurchases, which can help support per-share earnings and investor sentiment. Will Strong Cash Flows Support Lam Research’s Buyback Strategy Ahead?
Positive Sentiment: The company’s recent earnings beat and strong revenue growth continue to reinforce the bull case, especially with AI-related semiconductor spending still supporting demand for chip equipment. Lam Research stock information
Neutral Sentiment: An insider sale by SVP Neil J. Fernandes was disclosed, but it was executed under a pre-arranged 10b5-1 plan, so it is less likely to be viewed as a negative signal by investors. Lam Research insider trade filing
Neutral Sentiment: Some commentary suggests the stock has already rallied strongly and is priced for a lot of optimism, which may be leading to a pause as traders await the next earnings catalyst. Why Lam Research Still Looks Like a Buy After a 300% Rally
Negative Sentiment: The stock is slipping despite a generally favorable sector backdrop, suggesting some short-term profit-taking after recent outperformance in semiconductor names. Lam Research (LRCX) Stock Slides as Market Rises: Facts to Know Before You Trade

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.