NewEdge Wealth LLC Acquires 12,878 Shares of Lam Research Corporation $LRCX

NewEdge Wealth LLC increased its holdings in Lam Research Corporation (NASDAQ:LRCX) by 2.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 452,879 shares of the semiconductor company’s stock after buying an additional 12,878 shares during the period. Lam Research makes up 0.9% of NewEdge Wealth LLC’s holdings, making the stock its 18th largest holding. NewEdge Wealth LLC’s holdings in Lam Research were worth $77,524,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. PMV Capital Advisers LLC bought a new position in Lam Research during the 4th quarter worth $25,000. Stance Capital LLC bought a new stake in shares of Lam Research during the 3rd quarter valued at $26,000. Triumph Capital Management acquired a new position in Lam Research in the third quarter valued at about $27,000. Harbor Investment Advisory LLC grew its stake in Lam Research by 73.9% during the fourth quarter. Harbor Investment Advisory LLC now owns 240 shares of the semiconductor company’s stock worth $41,000 after buying an additional 102 shares in the last quarter. Finally, WealthCollab LLC increased its holdings in Lam Research by 29.3% in the 4th quarter. WealthCollab LLC now owns 243 shares of the semiconductor company’s stock valued at $42,000 after buying an additional 55 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Stock Up 2.6%

Shares of NASDAQ:LRCX opened at $294.05 on Friday. Lam Research Corporation has a 52-week low of $74.65 and a 52-week high of $297.99. The company has a market capitalization of $367.73 billion, a PE ratio of 55.48, a price-to-earnings-growth ratio of 2.43 and a beta of 1.81. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. The company has a fifty day moving average of $238.93 and a 200-day moving average of $204.97.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping 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 business 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 posted $1.04 EPS. Lam Research’s quarterly revenue 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. On average, equities analysts predict that Lam Research Corporation will post 5.67 EPS for the current fiscal year.

Insider Transactions at Lam Research

In other news, insider Ava Harter sold 6,010 shares of the business’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the sale, the insider directly owned 53,205 shares in the company, valued at approximately $13,762,005.30. The trade was a 10.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, 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 transaction, the chief financial officer directly owned 1,081,705 shares of the company’s stock, valued at $242,334,371.15. This represents a 4.42% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 120,066 shares of company stock worth $27,953,242. Insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

LRCX has been the topic of a number of recent analyst reports. KeyCorp reissued a “sector weight” rating on shares of Lam Research in a research note on Thursday, January 29th. BNP Paribas Exane lifted their price target on Lam Research from $250.00 to $260.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. Summit Insights raised Lam Research from a “hold” rating to a “buy” rating in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft upped their price objective on Lam Research from $300.00 to $325.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Finally, Argus lifted their target price on Lam Research from $175.00 to $280.00 in a research report on Tuesday, February 3rd. Twenty-six analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, Lam Research presently has an average rating of “Moderate Buy” and an average target price of $285.94.

Key Stories Impacting Lam Research

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 Company Profile

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.