Lighthouse Financial Services Inc. ADV Sells 2,513 Shares of Lam Research Corporation $LRCX

Lighthouse Financial Services Inc. ADV lowered its stake in Lam Research Corporation (NASDAQ:LRCX) by 18.9% during the second quarter, Holdings Channel reports. The institutional investor owned 10,768 shares of the semiconductor company’s stock after selling 2,513 shares during the period. Lam Research comprises approximately 1.0% of Lighthouse Financial Services Inc. ADV’s investment portfolio, making the stock its 19th biggest position. Lighthouse Financial Services Inc. ADV’s holdings in Lam Research were worth $4,666,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of LRCX. Sherry Group Inc. acquired a new stake in Lam Research during the second quarter worth approximately $452,000. Capital Investment Management Inc. bought a new stake in shares of Lam Research during the second quarter worth approximately $241,000. Bell Bank acquired a new position in shares of Lam Research in the second quarter valued at approximately $463,000. Syntegra Private Wealth Group LLC grew its position in shares of Lam Research by 1.1% in the second quarter. Syntegra Private Wealth Group LLC now owns 4,103 shares of the semiconductor company’s stock valued at $1,778,000 after purchasing an additional 46 shares during the last quarter. Finally, Waddell & Associates LLC increased its stake in shares of Lam Research by 25.5% during the second quarter. Waddell & Associates LLC now owns 3,989 shares of the semiconductor company’s stock worth $1,729,000 after purchasing an additional 811 shares during the period. 84.61% of the stock is owned by institutional investors.

Lam Research Trading Down 1.4%

Shares of LRCX stock opened at $332.36 on Friday. The stock has a market cap of $415.89 billion, a P/E ratio of 57.70, a price-to-earnings-growth ratio of 1.32 and a beta of 1.84. Lam Research Corporation has a 1 year low of $94.11 and a 1 year high of $438.50. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30. The stock has a 50 day simple moving average of $339.46 and a 200 day simple moving average of $283.14.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.13. The firm had revenue of $6.72 billion for the quarter, compared to analyst estimates of $6.66 billion. Lam Research had a return on equity of 67.60% and a net margin of 31.27%.The company’s revenue was up 30.0% on a year-over-year basis. During the same quarter last year, the company earned $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, research analysts predict that Lam Research Corporation will post 9.32 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th were given a $0.26 dividend. The ex-dividend date was Wednesday, June 17th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. Lam Research’s dividend payout ratio (DPR) is presently 18.06%.

Analysts Set New Price Targets

Several analysts recently weighed in on LRCX shares. Cantor Fitzgerald set a $500.00 price target on Lam Research and gave the stock an “overweight” rating in a report on Monday, June 29th. Jefferies Financial Group set a $335.00 price objective on Lam Research and gave the company a “buy” rating in a report on Thursday, July 30th. Needham & Company LLC reiterated a “buy” rating and set a $390.00 price objective on shares of Lam Research in a research report on Thursday, July 30th. Susquehanna reissued a “positive” rating and set a $475.00 target price (up from $385.00) on shares of Lam Research in a report on Tuesday, June 30th. Finally, Raymond James Financial set a $425.00 target price on shares of Lam Research in a research report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Lam Research presently has a consensus rating of “Moderate Buy” and an average target price of $358.47.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Lam Research plans to increase R&D experiment capacity by more than 50% across facilities in the United States, Asia and Europe. Management says the investment should accelerate product development and help customers address increasingly complex AI-chip architectures, materials and nanoscale manufacturing requirements. Reuters article
• Positive Sentiment: Investors are viewing Lam’s expertise in etching, including next-generation atomic-layer etching, as a potentially valuable competitive advantage as AI-driven semiconductor production requires greater manufacturing precision. The company’s recent rebound has renewed optimism that its technology could benefit from a longer-term equipment upcycle. 247WallSt article
• Positive Sentiment: SanDisk’s bullish multiyear financial targets have strengthened expectations for memory-industry capital spending through 2030, supporting demand prospects for semiconductor equipment suppliers such as Lam Research. SanDisk financial targets article
• Neutral Sentiment: Polen Capital identified LRCX as a top performer in its Focus Growth portfolio, while Zacks continues to highlight the stock’s long-term earnings outlook. These endorsements may support sentiment but do not represent new company guidance or guaranteed returns. Polen Capital article
• Negative Sentiment: The R&D expansion requires substantial spending over several years, creating execution and return-on-investment risks. Lam also trades at a relatively elevated valuation after a sharp recovery, leaving the stock vulnerable to profit-taking and concerns that the semiconductor cycle may be approaching a peak.

Insider Activity at Lam Research

In related news, SVP Neil J. Fernandes sold 7,659 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $309.60, for a total value of $2,371,226.40. Following the completion of the transaction, the senior vice president owned 58,470 shares of the company’s stock, valued at $18,102,312. The trade was a 11.58% decrease in their ownership of the stock. 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, Director Eric Brandt sold 54,500 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the sale, the director directly owned 199,205 shares of the company’s stock, valued at $69,881,114. This represents a 21.48% 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 sold a total of 80,441 shares of company stock valued at $27,614,296 over the last quarter. 0.31% of the stock is owned by corporate insiders.

Lam Research 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.