Lam Research Corporation $LRCX Shares Sold by Neville Rodie & Shaw Inc.

Posted by Brian Himes on Oct 5th, 2026

Neville Rodie & Shaw Inc. reduced its position in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 5.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 228,646 shares of the semiconductor company’s stock after selling 14,381 shares during the period. Lam Research accounts for about 5.3% of Neville Rodie & Shaw Inc.’s investment portfolio, making the stock its 3rd largest position. Neville Rodie & Shaw Inc.’s holdings in Lam Research were worth $75,112,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of LRCX. Paladin Partners LLC purchased a new position in shares of Lam Research during the second quarter valued at approximately $26,000. Bravera Wealth purchased a new stake in Lam Research in the 2nd quarter worth approximately $46,000. Cedar Mountain Advisors LLC grew its stake in Lam Research by 242.9% in the 1st quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 85 shares during the period. Comprehensive Financial Planning Inc. PA acquired a new position in Lam Research in the 2nd quarter valued at $52,000. Finally, Vermillion Wealth Management Inc. acquired a new position in Lam Research in the 1st quarter valued at $26,000. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Lam Research Trading Down 0.9%

NASDAQ:LRCX traded down $3.15 on Monday, hitting $344.34. 2,653,942 shares of the stock were exchanged, compared to its average volume of 10,756,566. The stock has a fifty day moving average of $306.11 and a 200-day moving average of $302.84. The stock has a market cap of $430.91 billion, a PE ratio of 59.80, a PEG ratio of 1.38 and a beta of 1.85. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30. Lam Research Corporation has a fifty-two week low of $131.02 and a fifty-two week high of $438.50.

Lam Research (NASDAQ:LRCX – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (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 during the quarter, compared to analyst estimates of $6.66 billion. During the same quarter in the prior year, the business earned $1.33 earnings per share. The business’s quarterly revenue was up 30.0% compared to the same quarter last year. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, equities analysts expect that Lam Research Corporation will post 9.32 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 23rd will be paid a dividend of $0.33 per share. This is a positive change from Lam Research’s previous quarterly dividend of $0.26. The ex-dividend date is Wednesday, September 23rd. This represents a $1.32 dividend on an annualized basis and a yield of 0.4%. Lam Research’s payout ratio is currently 22.92%.

Insider Buying and Selling

In other Lam Research news, insider Ava Harter sold 5,000 shares of the business’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the completion of the sale, the insider owned 42,462 shares in the company, valued at $12,843,056.52. The trade was a 10.53% decrease in their ownership of the stock. The transaction 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 Lam Research 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 completion of the transaction, the director owned 87,142 shares of the company’s stock, valued at approximately $29,192,570. The trade was 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. Over the last three months, insiders sold 32,839 shares of company stock worth $10,644,740. Corporate insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Citigroup reaffirmed a “buy” rating and issued a $450.00 price objective (up from $315.00) on shares of Lam Research in a research report on Wednesday, June 17th. Cantor Fitzgerald set a $500.00 price target on Lam Research and gave the stock an “overweight” rating in a research note on Monday, June 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $320.00 price target on shares of Lam Research in a report on Thursday, July 30th. Susquehanna reaffirmed a “positive” rating and set a $475.00 price objective (up from $385.00) on shares of Lam Research in a research note on Tuesday, June 30th. Finally, UBS Group cut their price objective on shares of Lam Research from $435.00 to $425.00 and set a “buy” rating on the stock in a report on Tuesday, September 1st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $364.59.

View Our Latest Report on Lam Research

Lam Research Company Profile

(Free Report)

Lam Research Corporation is a semiconductor equipment company that designs, manufactures, and services systems used in the fabrication of integrated circuits and other electronic devices. Its equipment supports key steps in the wafer manufacturing process, helping semiconductor producers create increasingly small and complex features on silicon wafers.

The company’s portfolio includes systems for etch, deposition, wafer cleaning, surface preparation, and related manufacturing processes.