Inceptionr LLC Acquires New Position in Lam Research Corporation $LRCX

Inceptionr LLC purchased a new stake in Lam Research Corporation (NASDAQ:LRCX) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 6,553 shares of the semiconductor company’s stock, valued at approximately $877,000.

Several other institutional investors also recently bought and sold shares of LRCX. Gilliland Jeter Wealth Management LLC boosted its holdings in Lam Research by 0.3% in the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 26,501 shares of the semiconductor company’s stock worth $3,548,000 after acquiring an additional 69 shares during the period. Gold Investment Management Ltd. increased its holdings in Lam Research by 0.5% in the third quarter. Gold Investment Management Ltd. now owns 14,736 shares of the semiconductor company’s stock valued at $1,973,000 after buying an additional 70 shares during the last quarter. Hemington Wealth Management boosted its holdings in Lam Research by 4.3% in the third quarter. Hemington Wealth Management now owns 1,731 shares of the semiconductor company’s stock worth $231,000 after purchasing an additional 72 shares during the period. Magnus Financial Group LLC raised its position in shares of Lam Research by 0.3% during the 3rd quarter. Magnus Financial Group LLC now owns 22,838 shares of the semiconductor company’s stock worth $3,058,000 after purchasing an additional 76 shares during the period. Finally, Addison Advisors LLC boosted its holdings in shares of Lam Research by 2.8% during the third quarter. Addison Advisors LLC now owns 2,857 shares of the semiconductor company’s stock valued at $383,000 after acquiring an additional 77 shares during the period. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Barclays set a $250.00 target price on shares of Lam Research in a research report on Thursday, January 29th. HSBC boosted their target price on shares of Lam Research from $181.00 to $221.00 and gave the company a “hold” rating in a research note on Friday, January 30th. Needham & Company LLC raised their target price on Lam Research from $250.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. TD Cowen upped their price target on Lam Research from $170.00 to $290.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Finally, Mizuho set a $265.00 target price on Lam Research in a report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $245.19.

Insider Activity at Lam Research

In other Lam Research news, CFO Douglas R. Bettinger sold 50,057 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total value of $11,214,269.71. Following the completion of the sale, the chief financial officer owned 1,081,705 shares of the company’s stock, valued at approximately $242,334,371.15. This represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ava Harter sold 4,000 shares of the stock in a transaction that occurred 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 directly owned 54,705 shares of the company’s stock, valued at approximately $12,718,912.50. The trade was a 6.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 130,886 shares of company stock worth $29,658,802 over the last 90 days. Insiders own 0.31% of the company’s stock.

Lam Research Price Performance

NASDAQ:LRCX opened at $211.19 on Tuesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.61. The company has a fifty day moving average price of $221.66 and a 200 day moving average price of $170.52. Lam Research Corporation has a one year low of $56.32 and a one year high of $256.68. The stock has a market cap of $263.73 billion, a P/E ratio of 43.28, a PEG ratio of 2.14 and a beta of 1.77.

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

Lam Research Announces Dividend

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