Romano Brothers AND Company Reduces Position in Lam Research Corporation $LRCX

Posted by Brenda Bartman on Aug 21st, 2026

Romano Brothers AND Company lessened its holdings in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 8.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,510 shares of the semiconductor company’s stock after selling 2,550 shares during the quarter. Lam Research comprises approximately 1.2% of Romano Brothers AND Company’s portfolio, making the stock its 17th biggest holding. Romano Brothers AND Company’s holdings in Lam Research were worth $11,488,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Fideuram Asset Management Ireland dac purchased a new stake in shares of Lam Research in the fourth quarter worth about $10,035,000. Generali Investments Management Co LLC increased its holdings in Lam Research by 62.0% during the 4th quarter. Generali Investments Management Co LLC now owns 36,274 shares of the semiconductor company’s stock worth $6,209,000 after acquiring an additional 13,878 shares during the period. Rokos Capital Management LLP increased its holdings in Lam Research by 42.0% during the 1st quarter. Rokos Capital Management LLP now owns 259,921 shares of the semiconductor company’s stock worth $55,532,000 after acquiring an additional 76,840 shares during the period. Aware Super Pty Ltd as trustee of Aware Super purchased a new stake in Lam Research in the 1st quarter worth approximately $59,973,000. Finally, Y Intercept Hong Kong Ltd purchased a new stake in shares of Lam Research in the first quarter worth $26,489,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Wall Street Analysts Forecast Growth

LRCX has been the subject of several recent analyst reports. Oppenheimer restated an “outperform” rating and set a $400.00 target price (up from $330.00) on shares of Lam Research in a research report on Monday, June 15th. Seaport Research Partners started coverage on Lam Research in a report on Monday, May 4th. They set a “buy” rating and a $300.00 price objective for the company. The Goldman Sachs Group reaffirmed a “buy” rating and set a $290.00 price objective on shares of Lam Research in a report on Thursday, April 23rd. Royal Bank Of Canada upped their price objective on Lam Research from $290.00 to $310.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Finally, Jefferies Financial Group set a $335.00 price target on shares of Lam Research and gave the company a “buy” rating in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $358.47.

Read Our Latest Research Report on Lam Research

Lam Research Stock Performance

Shares of LRCX stock opened at $310.53 on Friday. The company has a market capitalization of $388.57 billion, a P/E ratio of 53.91, a PEG ratio of 1.22 and a beta of 1.84. Lam Research Corporation has a fifty-two week low of $94.11 and a fifty-two week high of $438.50. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63. The stock has a 50 day moving average price of $338.53 and a two-hundred day moving average price of $285.89.

Lam Research (NASDAQ:LRCX – Get Free Report) last issued its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, topping the consensus estimate of $1.69 by $0.13. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The company had revenue of $6.72 billion for the quarter, compared to the consensus estimate of $6.66 billion. During the same period in the previous year, the firm earned $1.33 earnings per share. 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. Analysts expect that Lam Research Corporation will post 9.32 earnings per share for the current year.

Insider Activity at Lam Research

In related news, Director Eric Brandt sold 54,500 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the transaction, the director owned 199,205 shares in the company, valued at $69,881,114. The trade was a 21.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the business’s stock in a transaction that occurred on 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 transaction, the director directly owned 87,142 shares in the company, valued at $29,192,570. This trade represents a 17.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 80,441 shares of company stock worth $27,614,296 in the last 90 days. Company insiders own 0.31% of the company’s stock.

Lam Research Company Profile

(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.