Lam Research Corporation $LRCX Holdings Cut by Vaughan David Investments LLC IL

Posted by George Bondi on Jun 12th, 2026

Vaughan David Investments LLC IL trimmed its position in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 5.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 577,471 shares of the semiconductor company’s stock after selling 34,525 shares during the period. Lam Research accounts for about 2.1% of Vaughan David Investments LLC IL’s holdings, making the stock its 4th largest holding. Vaughan David Investments LLC IL’s holdings in Lam Research were worth $98,851,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. PMV Capital Advisers LLC purchased a new position in Lam Research in the 4th quarter valued at about $25,000. Stance Capital LLC purchased a new position in Lam Research in the 3rd quarter valued at about $26,000. Triumph Capital Management purchased a new position in Lam Research in the 3rd quarter valued at about $27,000. Core Wealth Advisors LLC purchased a new position in Lam Research in the 4th quarter valued at about $29,000. Finally, Strategic Wealth Investment Group LLC purchased a new position in Lam Research in the 2nd quarter valued at about $29,000. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Lam Research Trading Up 12.7%

Shares of LRCX stock opened at $362.52 on Friday. The firm has a market cap of $453.36 billion, a P/E ratio of 68.40, a PEG ratio of 2.66 and a beta of 1.85. Lam Research Corporation has a 1-year low of $87.75 and a 1-year high of $364.81. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. The firm’s 50-day simple moving average is $283.21 and its 200-day simple moving average is $232.64.

Lam Research (NASDAQ:LRCX – Get Free Report) last posted its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. The firm had revenue of $5.84 billion during 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 company’s revenue was up 23.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, equities analysts forecast that Lam Research Corporation will post 5.67 EPS for the current year.

Lam Research Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Wednesday, June 17th. Lam Research’s dividend payout ratio is 19.62%.

More Lam Research News

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

Positive Sentiment: Barclays and other analysts raised price targets on Lam Research after increasing their wafer-fab equipment spending estimates, reinforcing the view that AI infrastructure investment is still running strong and could support more orders for chipmaking tools. Barclays raises price targets on chip stocks after raising WFE estimates
Positive Sentiment: Lam’s CFO recently lifted the company’s 2026 wafer-fab equipment market forecast to $140 billion, which suggests a stronger spending backdrop for its core business and improved momentum into the second half of the year. Lam Research jumps as upbeat chip-equipment spending outlook and fresh analyst target hikes lift sentiment
Positive Sentiment: The company’s latest quarterly results beat expectations, with revenue and EPS both ahead of consensus, and guidance pointed to further sequential growth, helping investors believe the business is still in an upcycle. Lam Research jumps as upbeat chip-equipment spending outlook and fresh analyst target hikes lift sentiment
Neutral Sentiment: Several articles also highlighted Lam Research as a beneficiary of the broader AI infrastructure boom and a “critical enabler” of AI growth, which keeps sentiment constructive, though these pieces were more thematic than company-specific. Lam Research: A Critical Enabler Of AI Growth, Reiterating Buy
Negative Sentiment: Near-term trading has been volatile, and one recent report noted the stock fell in the prior session, showing that some investors are still worried about valuation and the possibility of a cyclical slowdown after a strong run. Lam Research (LRCX) Falls More Steeply Than Broader Market: What Investors Need to Know

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on LRCX shares. Jefferies Financial Group upped their target price on shares of Lam Research from $285.00 to $315.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Needham & Company LLC restated a “buy” rating and issued a $300.00 target price on shares of Lam Research in a report on Thursday, April 23rd. Weiss Ratings lowered shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, May 14th. Sanford C. Bernstein increased their price objective on shares of Lam Research from $325.00 to $340.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Finally, JPMorgan Chase & Co. increased their price objective on shares of Lam Research from $300.00 to $315.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. Twenty-eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Lam Research currently has an average rating of “Moderate Buy” and an average price target of $322.01.

Get Our Latest Analysis on LRCX

Insider Buying and Selling

In other Lam Research news, insider Ava Harter sold 6,010 shares of the stock in a transaction that occurred on 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 completion of the sale, the insider owned 53,205 shares of the company’s stock, valued at $13,762,005.30. This trade represents a 10.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Neil J. Fernandes sold 7,659 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the completion of the sale, the senior vice president directly owned 58,470 shares of the company’s stock, valued at $18,102,312. This trade represents a 11.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 31,839 shares of company stock valued at $8,561,667. Corporate insiders own 0.31% of the company’s stock.

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.