TD Asset Management Inc Sells 852,142 Shares of Lam Research Corporation $LRCX

TD Asset Management Inc trimmed its position in Lam Research Corporation (NASDAQ:LRCX) by 35.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,570,447 shares of the semiconductor company’s stock after selling 852,142 shares during the period. TD Asset Management Inc’s holdings in Lam Research were worth $268,829,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Traphagen Investment Advisors LLC lifted its holdings in shares of Lam Research by 2.4% during the 4th quarter. Traphagen Investment Advisors LLC now owns 1,963 shares of the semiconductor company’s stock worth $336,000 after acquiring an additional 46 shares during the last quarter. Field & Main Bank lifted its holdings in shares of Lam Research by 1.1% during the 4th quarter. Field & Main Bank now owns 4,615 shares of the semiconductor company’s stock worth $790,000 after acquiring an additional 50 shares during the last quarter. Capital Advisors Ltd. LLC lifted its holdings in shares of Lam Research by 1.1% during the 4th quarter. Capital Advisors Ltd. LLC now owns 4,646 shares of the semiconductor company’s stock worth $795,000 after acquiring an additional 51 shares during the last quarter. Retirement Planning Group LLC lifted its holdings in shares of Lam Research by 2.9% during the 4th quarter. Retirement Planning Group LLC now owns 1,834 shares of the semiconductor company’s stock worth $314,000 after acquiring an additional 51 shares during the last quarter. Finally, Plancorp LLC lifted its holdings in shares of Lam Research by 2.1% during the 4th quarter. Plancorp LLC now owns 2,518 shares of the semiconductor company’s stock worth $431,000 after acquiring an additional 51 shares during the last quarter. 84.61% of the stock is owned by institutional investors.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Lam Research’s strong cash generation is supporting an active buyback strategy, with about $4.3 billion still authorized for repurchases. That can be a meaningful tailwind for shares if the company continues converting AI-related demand into margin and free-cash-flow growth. Will Strong Cash Flows Support Lam Research’s Buyback Strategy Ahead?
• Positive Sentiment: Recent commentary after Nvidia CEO Jensen Huang’s GTC Taipei keynote reinforced optimism that the AI chip cycle may be larger and longer-lasting than previously expected, lifting sentiment toward semiconductor equipment names like Lam Research. Why Lam Research (LRCX) Stock Is Trading Up Today
• Positive Sentiment: Lam Research’s presentation at the Bank of America 2026 Global Technology Conference likely kept attention on its growth outlook, especially as investors look for confirmation that AI and advanced-node spending remains healthy. Lam Research Corporation (LRCX) Presents at Bank of America 2026 Global Technology Conference Transcript
• Positive Sentiment: Brokerage and research coverage continued to highlight Lam Research as a strong long-term semiconductor stock, adding to the bullish narrative around the name. Why Lam Research (LRCX) is a Top Stock for the Long-Term
• Neutral Sentiment: An insider sale by SVP Neil J. Fernandes was disclosed, but it was made under a pre-arranged 10b5-1 plan, which usually limits its importance as a trading signal. Lam Research insider trade filing
• Neutral Sentiment: Broader market weakness from escalating U.S.-Iran tensions could weigh on sentiment across equities, but the main driver for LRCX today appears to be semiconductor-specific AI optimism rather than macro risk alone. Stocks Fall on Escalation of US-Iran Hostilities

Insider Buying and Selling at Lam Research

In other Lam Research news, insider Ava Harter sold 6,010 shares of the business’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $258.66, for a total value of $1,554,546.60. Following the completion of the sale, the insider directly owned 53,205 shares of the company’s stock, 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 document filed with the SEC, which is available at the SEC website. Also, SVP Neil J. Fernandes sold 7,659 shares of the business’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the completion of the sale, the senior vice president directly owned 58,470 shares of the company’s stock, valued at $18,102,312. This represents a 11.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 31,839 shares of company stock valued at $8,561,667 over the last three months. 0.31% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on LRCX. B. Riley Financial lifted their price objective on shares of Lam Research from $350.00 to $375.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Bank of America lifted their price objective on shares of Lam Research from $285.00 to $330.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Royal Bank Of Canada lifted their price objective on shares of Lam Research from $290.00 to $310.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Evercore lifted their price objective on shares of Lam Research from $275.00 to $300.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Finally, Jefferies Financial Group lifted their price objective on shares of Lam Research from $285.00 to $315.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Twenty-seven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $303.30.

Lam Research Stock Performance

Lam Research stock opened at $343.71 on Thursday. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $429.83 billion, a PE ratio of 64.85, a P/E/G ratio of 2.77 and a beta of 1.85. The firm has a fifty day simple moving average of $269.87 and a two-hundred day simple moving average of $224.85. Lam Research Corporation has a twelve month low of $83.49 and a twelve month high of $346.19.

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

Lam Research Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders 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 yield of 0.3%. Lam Research’s payout ratio is currently 19.62%.

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.