Lam Research Corporation $LRCX Shares Purchased by SVB Wealth LLC

SVB Wealth LLC boosted its stake in Lam Research Corporation (NASDAQ:LRCX) by 10.2% in the first quarter, Holdings Channel.com reports. The fund owned 29,754 shares of the semiconductor company’s stock after buying an additional 2,743 shares during the quarter. SVB Wealth LLC’s holdings in Lam Research were worth $6,357,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of LRCX. Triumph Capital Management increased its position in shares of Lam Research by 22.5% during the fourth quarter. Triumph Capital Management now owns 245 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 45 shares in the last quarter. Traphagen Investment Advisors LLC boosted its position in shares of Lam Research by 2.4% in the 4th quarter. Traphagen Investment Advisors LLC now owns 1,963 shares of the semiconductor company’s stock valued at $336,000 after purchasing an additional 46 shares during the period. Bank of Jackson Hole Trust grew its stake in Lam Research by 12.6% during the 4th quarter. Bank of Jackson Hole Trust now owns 428 shares of the semiconductor company’s stock worth $73,000 after buying an additional 48 shares during the last quarter. Field & Main Bank grew its stake in 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 buying an additional 50 shares during the last quarter. Finally, Capital Advisors Ltd. LLC increased its position in Lam Research by 1.1% during the fourth quarter. Capital Advisors Ltd. LLC now owns 4,646 shares of the semiconductor company’s stock worth $795,000 after buying an additional 51 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.

Key Stories Impacting Lam Research

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

• Positive Sentiment: UBS and Cantor Fitzgerald both recently raised their price targets on Lam Research, signaling greater confidence in the company’s growth outlook and AI-related demand. Why Analysts See More Upside for Lam Research (LRCX)
• Positive Sentiment: Lam Research’s latest quarterly results beat expectations, with revenue and earnings topping estimates and management raising guidance for chip equipment demand, reinforcing the AI-driven growth story. Lam Research (LRCX) Is Up 6.1% After AI-Fueled Beat And Raised Chip-Equipment Outlook
• Positive Sentiment: Investors are increasingly viewing Lam Research as a key AI infrastructure and memory stock, with articles highlighting strong demand from AI spending and advanced packaging complexity. 5 Best AI Memory Stocks to Buy in 2026

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on LRCX. Deutsche Bank Aktiengesellschaft boosted their price objective on Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. BNP Paribas Exane lifted their target price on shares of Lam Research from $250.00 to $260.00 and gave the company a “neutral” rating in a report on Thursday, April 23rd. Wells Fargo & Company reiterated an “overweight” rating and issued a $450.00 price target (up from $365.00) on shares of Lam Research in a research report on Monday. Royal Bank Of Canada increased their price target on shares of Lam Research from $290.00 to $310.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Finally, Evercore raised their price objective on shares of Lam Research from $275.00 to $300.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Twenty-eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Lam Research presently has a consensus rating of “Moderate Buy” and an average price target of $329.59.

Lam Research Price Performance

Lam Research stock opened at $409.54 on Tuesday. Lam Research Corporation has a 12 month low of $90.29 and a 12 month high of $409.75. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. The business has a 50 day simple moving average of $304.76 and a 200-day simple moving average of $243.95. The stock has a market capitalization of $512.16 billion, a PE ratio of 77.27, a price-to-earnings-growth ratio of 3.21 and a beta of 1.85.

Lam Research (NASDAQ:LRCX) last issued 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. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The firm had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. During the same period last year, the company earned $1.04 earnings per share. The company’s revenue for the quarter was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Equities analysts predict that Lam Research Corporation will post 5.7 earnings per share for the current year.

Lam Research Dividend Announcement

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

Insider Buying and Selling

In other Lam Research news, insider Ava Harter sold 6,010 shares of the business’s stock in a transaction that occurred on 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 transaction, the insider owned 53,205 shares in the company, valued at approximately $13,762,005.30. The trade was a 10.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Eric Brandt sold 54,500 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $350.80, for a total value of $19,118,600.00. Following the transaction, the director directly owned 199,205 shares of the company’s stock, valued at approximately $69,881,114. This trade represents a 21.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 86,339 shares of company stock valued at $27,680,267 over the last ninety days. Corporate insiders own 0.31% of the company’s stock.

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.