Lam Research Corporation $LRCX Shares Purchased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. raised its holdings in Lam Research Corporation (NASDAQ:LRCX) by 2.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 131,690 shares of the semiconductor company’s stock after buying an additional 3,082 shares during the period. Crossmark Global Holdings Inc.’s holdings in Lam Research were worth $22,543,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. PMV Capital Advisers LLC acquired a new position in Lam Research in the fourth quarter valued at approximately $25,000. Stance Capital LLC acquired a new stake in Lam Research during the third quarter worth approximately $26,000. Triumph Capital Management purchased a new stake in shares of Lam Research during the 3rd quarter worth approximately $27,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of Lam Research during the 2nd quarter worth approximately $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Lam Research in the 3rd quarter valued at $40,000. 84.61% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on LRCX. BNP Paribas Exane increased their target price on shares of Lam Research from $250.00 to $260.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. B. Riley Financial restated a “buy” rating on shares of Lam Research in a research note on Monday, April 20th. The Goldman Sachs Group reiterated a “buy” rating and set a $290.00 target price on shares of Lam Research in a research report on Thursday, April 23rd. Sanford C. Bernstein boosted their target price on Lam Research from $285.00 to $325.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Finally, Jefferies Financial Group upped their target price on Lam Research from $285.00 to $315.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Twenty-six analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $285.94.

Insider Activity at Lam Research

In related news, insider Ava Harter sold 6,010 shares of Lam Research stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $258.66, for a total value of $1,554,546.60. Following the sale, the insider directly owned 53,205 shares in the company, valued at $13,762,005.30. The trade was a 10.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Neil J. Fernandes sold 18,170 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $255.14, for a total value of $4,635,893.80. Following the completion of the transaction, the senior vice president owned 66,129 shares of the company’s stock, valued at $16,872,153.06. The trade was a 21.55% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 120,066 shares of company stock worth $27,953,242 over the last three months. 0.31% of the stock is currently owned by corporate insiders.

Lam Research News Summary

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

• Positive Sentiment: B. Riley raised its price target on Lam Research to $350 from $330 and kept a Buy rating, citing strong earnings and solid execution. Why Analysts Are Growing More Confident In Lam Research (LRCX)
• Positive Sentiment: Erste Group Bank lifted FY2027 EPS estimates for Lam Research to $7.88 from $7.74, suggesting analysts see better long-term earnings power. Lam Research stock page
• Positive Sentiment: Recent coverage highlights Lam Research as an AI-fab beneficiary with orders beating expectations, supporting the case for further upside after a sharp rally. Lam Research (LRCX) Is Up 19.5% After AI-Fab Orders Beat Expectations Has The Bull Case Changed?
• Neutral Sentiment: Some commentary notes the stock has already surged dramatically over the past year, which may raise overbought concerns even as Wall Street remains constructive. Lam Research Has Surged 300% in a Year. Wall Street Sees More Gains Still Ahead
• Neutral Sentiment: Investor articles argue the rally may still have room to run, but that view is speculative rather than a direct fundamental update. Why Lam Research Still Looks Like a Buy After a 300% Rally

Lam Research Trading Up 2.6%

Shares of Lam Research stock opened at $294.05 on Friday. The firm has a market cap of $367.73 billion, a price-to-earnings ratio of 55.48, a price-to-earnings-growth ratio of 2.37 and a beta of 1.81. Lam Research Corporation has a 52-week low of $74.65 and a 52-week high of $297.99. The company’s 50-day simple moving average is $238.93 and its 200-day simple moving average is $204.97. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The company had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. During the same quarter in the previous year, the company earned $1.04 EPS. The firm’s revenue for the quarter was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, equities research analysts anticipate that Lam Research Corporation will post 5.67 earnings per share for the current year.

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.