Black Creek Investment Management Inc. Sells 18,157 Shares of Lam Research Corporation $LRCX

Black Creek Investment Management Inc. cut its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 15.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 100,112 shares of the semiconductor company’s stock after selling 18,157 shares during the quarter. Lam Research comprises 0.6% of Black Creek Investment Management Inc.’s portfolio, making the stock its 19th biggest holding. Black Creek Investment Management Inc.’s holdings in Lam Research were worth $13,405,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in LRCX. Howard Hughes Medical Institute bought a new position in shares of Lam Research in the second quarter valued at about $27,000. Strategic Wealth Investment Group LLC acquired a new position in Lam Research in the 2nd quarter valued at about $29,000. Delos Wealth Advisors LLC bought a new position in Lam Research in the 2nd quarter valued at about $30,000. Country Trust Bank bought a new position in Lam Research in the 2nd quarter valued at about $39,000. Finally, Sound Income Strategies LLC acquired a new stake in Lam Research during the third quarter worth approximately $41,000. Institutional investors own 84.61% of the company’s stock.

More Lam Research News

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

• Positive Sentiment: Lam’s latest quarterly results and guidance remain supportive: the company beat EPS and revenue estimates last quarter and issued FY guidance that keeps the multi-quarter recovery narrative intact — a key reason many analysts remain constructive on the name. (Earnings/guidance from company filings and recent earnings release)
• Positive Sentiment: Coverage and analyst sentiment emphasize Lam’s outperformance versus semiconductor peers over the past year, helping underpin investor confidence in the stock’s secular positioning. How Is Lam Research’s Stock Performance Compared to Other Semiconductor Stocks?
• Positive Sentiment: Long-term bullish research highlights Lam as a core pick for investors focused on secular demand in logic and foundry tooling, reinforcing buy-and-hold interest. Why Lam Research (LRCX) is a Top Stock for the Long-Term
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference; presentations can reaffirm execution plans and demand cadence but did not disclose material new guidance that would immediately change the outlook. Investors will parse the transcript for color on order trends and capex timing. Lam Research Corporation (LRCX) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
• Neutral Sentiment: Technical/commentary pieces suggest potential for further upside in the near term (price targets cited), but these are speculative and may amplify intraday volatility rather than change fundamentals. Lam Research (LRCX) Favors Final Push In To $262.9 – $280.8 Before Pullback
• Negative Sentiment: Insider selling: the CFO sold ~40,329 shares (~$9.3M) and another insider sold 4,000 shares (~$0.93M) in early March. Large, contemporaneous insider sales can spark short-term selling pressure and investor concern, even when insiders retain substantial positions. CFO Form 4 (SEC)
• Negative Sentiment: Near-term performance data show the stock underperformed peers on Monday, which can trigger algorithmic and momentum selling into weakness. Lam Research Corp. stock underperforms Monday when compared to competitors

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on LRCX shares. UBS Group set a $300.00 target price on Lam Research in a research note on Thursday, January 29th. JPMorgan Chase & Co. increased their price objective on Lam Research from $165.00 to $300.00 and gave the stock an “overweight” rating in a research report on Thursday, January 29th. Zacks Research raised shares of Lam Research from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 20th. Evercore set a $275.00 price target on shares of Lam Research in a research report on Thursday, January 29th. Finally, Rothschild & Co Redburn lifted their price objective on shares of Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $245.19.

Insider Buying and Selling at Lam Research

In other news, Director Eric Brandt sold 35,000 shares of Lam Research stock in a transaction on Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the transaction, the director owned 253,705 shares in the company, valued at approximately $57,235,848. This trade represents a 12.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Ava Harter sold 4,000 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $232.50, for a total value of $930,000.00. Following the sale, the insider owned 54,705 shares of the company’s stock, valued at approximately $12,718,912.50. This represents a 6.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 79,329 shares of company stock valued at $18,110,542. 0.31% of the stock is currently owned by corporate insiders.

Lam Research Trading Down 5.9%

LRCX opened at $217.27 on Wednesday. The stock has a market capitalization of $271.32 billion, a price-to-earnings ratio of 44.52, a P/E/G ratio of 2.49 and a beta of 1.77. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $256.68. The company has a 50-day simple moving average of $218.86 and a 200 day simple moving average of $167.34.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.17 by $0.10. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The company had revenue of $5.34 billion during the quarter, compared to analysts’ expectations of $5.23 billion. During the same period in the previous year, the company earned $0.91 EPS. The business’s revenue for the quarter was up 22.1% compared to the same quarter last year. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Analysts predict that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be paid a dividend of $0.26 per share. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 annualized dividend and a yield of 0.5%. Lam Research’s dividend payout ratio is presently 21.31%.

About Lam Research

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.