1,991 Shares in Lam Research Corporation $LRCX Purchased by Optimist Retirement Group LLC

Optimist Retirement Group LLC purchased a new position in Lam Research Corporation (NASDAQ:LRCX) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,991 shares of the semiconductor company’s stock, valued at approximately $341,000.

Other institutional investors have also recently bought and sold shares of the company. PMV Capital Advisers LLC purchased a new position in Lam Research in the 4th quarter worth about $25,000. Stance Capital LLC purchased a new position in Lam Research during the 3rd quarter valued at about $26,000. Triumph Capital Management purchased a new position in Lam Research during the 3rd quarter valued at about $27,000. Strategic Wealth Investment Group LLC purchased a new position in Lam Research during the 2nd quarter valued at about $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in Lam Research during the 3rd quarter valued at about $40,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Insider Activity at Lam Research

In related news, SVP Neil J. Fernandes sold 18,170 shares of the business’s stock in a transaction that occurred 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 sale, the senior vice president directly owned 66,129 shares in the company, valued at approximately $16,872,153.06. The trade was a 21.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Douglas R. Bettinger sold 50,057 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was 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 trade represents a 4.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 120,066 shares of company stock valued at $27,953,242. 0.31% of the stock is owned by corporate insiders.

Lam Research Trading Up 5.7%

Shares of NASDAQ LRCX opened at $322.68 on Wednesday. The stock has a market cap of $403.53 billion, a price-to-earnings ratio of 60.88, a PEG ratio of 2.53 and a beta of 1.81. The business has a 50 day simple moving average of $258.19 and a 200 day simple moving average of $217.89. Lam Research Corporation has a 52 week low of $79.49 and a 52 week high of $323.98. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54.

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

Lam Research Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be paid a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, June 17th. This represents a $1.04 annualized dividend and a dividend yield of 0.3%. Lam Research’s payout ratio is presently 19.62%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on LRCX. Royal Bank Of Canada lifted their target price on Lam Research from $290.00 to $310.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Bank of America lifted their target price on Lam Research from $285.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. HSBC lifted their target price on Lam Research from $221.00 to $247.00 and gave the company a “hold” rating in a research note on Friday, April 24th. Citic Securities lifted their target price on Lam Research from $165.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Finally, Argus lifted their target price on Lam Research from $175.00 to $280.00 in a research note on Tuesday, February 3rd. Twenty-seven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $293.46.

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.