COFG Advisors LLC Invests $422,000 in Lam Research Corporation $LRCX

COFG Advisors LLC acquired a new position in Lam Research Corporation (NASDAQ:LRCX) during the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 2,463 shares of the semiconductor company’s stock, valued at approximately $422,000.

Other hedge funds also recently made changes to their positions in the company. PMV Capital Advisers LLC purchased a new position in shares of Lam Research in the fourth quarter worth approximately $25,000. Core Wealth Advisors LLC purchased a new position in shares of Lam Research in the fourth quarter worth approximately $29,000. Stance Capital LLC purchased a new position in shares of Lam Research in the third quarter worth approximately $26,000. Triumph Capital Management purchased a new position in shares of Lam Research in the third quarter worth approximately $27,000. Finally, Harbor Investment Advisory LLC increased its position in shares of Lam Research by 73.9% in the fourth quarter. Harbor Investment Advisory LLC now owns 240 shares of the semiconductor company’s stock worth $41,000 after acquiring an additional 102 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Key Lam Research News

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

• Positive Sentiment: Lam Research’s appearance at a major technology conference may reinforce investor confidence in its AI and semiconductor spending outlook, especially as customers continue investing in advanced chip manufacturing equipment. Lam Research Corporation (LRCX) Presents at Bank of America 2026 Global Technology Conference Transcript
• Positive Sentiment: Recent coverage highlighting Lam Research as a top long-term stock and a potential market outperformer is adding to bullish sentiment around the name. Why Lam Research (LRCX) is a Top Stock for the Long-Term
• Positive Sentiment: Analysts remain constructive on Lam Research’s long-term prospects, citing strong performance versus the broader market and favorable expectations for its business. Is Lam Research Stock Outperforming the S&P 500?
• Neutral Sentiment: An insider sale by SVP Neil J. Fernandes was disclosed, but it was made under a pre-arranged 10b5-1 trading plan, which usually limits how much investors read into the transaction. Lam Research insider trade filing
• Neutral Sentiment: Several articles point to Lam Research’s strong valuation and prior outperformance, but they also suggest investors are waiting for continued execution and earnings growth to justify further gains. Lam Research stock information

Lam Research Price Performance

NASDAQ LRCX opened at $334.41 on Wednesday. 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 stock has a market capitalization of $418.20 billion, a PE ratio of 63.10, a price-to-earnings-growth ratio of 2.63 and a beta of 1.85. Lam Research Corporation has a 12-month low of $81.95 and a 12-month high of $335.55. The company has a 50 day moving average price of $265.55 and a two-hundred day moving average price of $222.29.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping the consensus estimate of $1.36 by $0.11. The company 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 company’s revenue for the quarter was up 23.8% compared to the same quarter last year. 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. As a group, equities analysts predict that Lam Research Corporation will post 5.67 earnings per share for the current fiscal year.

Lam Research Announces Dividend

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

Insider Activity at Lam Research

In other Lam Research news, SVP Neil J. Fernandes sold 7,659 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $309.60, for a total value 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. The trade was a 11.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 completion of the sale, the insider directly owned 53,205 shares of the company’s stock, valued at $13,762,005.30. This represents a 10.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 31,839 shares of company stock valued at $8,561,667 over the last three months. Insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Stifel Nicolaus lifted their target price on shares of Lam Research from $300.00 to $325.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Seaport Research Partners started coverage on shares of Lam Research in a report on Monday, May 4th. They set a “buy” rating and a $300.00 price target for the company. Jefferies Financial Group raised their price target 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. Berenberg Bank raised their price target on shares of Lam Research from $265.00 to $335.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Finally, Morgan Stanley upgraded shares of Lam Research from an “underweight” rating to an “overweight” rating and raised their price target for the stock from $293.00 to $331.00 in a report on Monday, May 18th. Twenty-seven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $303.30.

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.