Lam Research Corporation $LRCX Shares Sold by Insight Wealth Strategies LLC

Insight Wealth Strategies LLC reduced its position in Lam Research Corporation (NASDAQ:LRCX) by 12.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 60,806 shares of the semiconductor company’s stock after selling 8,362 shares during the period. Lam Research makes up about 2.6% of Insight Wealth Strategies LLC’s holdings, making the stock its 11th biggest holding. Insight Wealth Strategies LLC’s holdings in Lam Research were worth $26,349,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LRCX. Bayban purchased a new stake in shares of Lam Research during the fourth quarter worth about $26,000. Vermillion Wealth Management Inc. purchased a new position in Lam Research in the first quarter valued at about $26,000. Cedar Mountain Advisors LLC boosted its holdings in Lam Research by 242.9% in the first quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 85 shares during the last quarter. Mcguire Capital Advisors Inc. acquired a new stake in Lam Research during the 4th quarter valued at approximately $27,000. Finally, Triumph Capital Management acquired a new stake in Lam Research during the 3rd quarter valued at approximately $27,000. 84.61% of the stock is owned by hedge funds and other institutional investors.

Lam Research Trading Up 1.6%

Shares of NASDAQ LRCX opened at $311.41 on Wednesday. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.30. The stock’s 50 day moving average price is $339.22 and its two-hundred day moving average price is $281.21. Lam Research Corporation has a 52-week low of $94.11 and a 52-week high of $438.50. The stock has a market capitalization of $389.67 billion, a P/E ratio of 54.06, a PEG ratio of 1.22 and a beta of 1.84.

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

Lam Research Announces Dividend

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

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Erste Group Bank raised its fiscal 2027 EPS estimate for Lam Research to $9.27 from $8.05, above the broader consensus of approximately $9.24. The increase reflects improving confidence in the company’s earnings outlook.
• Positive Sentiment: Lam Research received a Zacks Rank #1, or “Strong Buy,” as analysts cited improving earnings prospects. The upgrade may reinforce investor optimism following the company’s recent quarterly beat, when revenue rose 30% year over year and EPS exceeded expectations. Lam Research Upgraded to Strong Buy
• Positive Sentiment: AI-driven chip demand continues to support Lam Research and other semiconductor-equipment suppliers. Strong results and expected growth have led some coverage to recommend buying and holding LRCX. AI-Led Semiconductor Equipment Stocks
• Positive Sentiment: Lam Research is entering panel-level packaging, a developing market driven by larger and more complex AI chips. If adoption accelerates, the initiative could create a new growth avenue beyond its core wafer-fabrication equipment business. Lam Research Enters Panel-Level Packaging
• Neutral Sentiment: Coverage highlighting five questions from Lam Research’s latest earnings call may provide investors with additional insight into demand, margins and the company’s outlook, but no specific new catalyst was disclosed.
• Neutral Sentiment: Reported short interest was listed as zero shares, unchanged from the prior period. Because the figure appears anomalous, it provides no meaningful signal about short-selling pressure.
• Negative Sentiment: Lam Research disclosed risks associated with increasing reliance on AI tools, including possible operational disruptions, intellectual-property uncertainty and legal exposure. These issues could raise costs or create execution risks if not effectively managed. AI Reliance Risks for Lam Research
• Negative Sentiment: SpaceX’s planned Terrafab could eventually challenge the memory-chip dominance of Micron, SK Hynix and Samsung. The threat is primarily to memory manufacturers, but intensified competition could indirectly affect semiconductor-equipment demand and industry spending.

Insiders Place Their Bets

In other Lam Research news, SVP Neil J. Fernandes sold 7,659 shares of Lam Research stock in a transaction 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 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 SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the business’s stock in a transaction on Monday, July 13th. The shares were sold at an average price of $335.00, for a total transaction of $6,124,470.00. Following the sale, the director owned 87,142 shares of the company’s stock, valued at approximately $29,192,570. The trade was a 17.34% decrease in their position. 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 a total of 80,441 shares of company stock valued at $27,614,296 over the last 90 days. 0.31% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on LRCX shares. UBS Group reaffirmed a “buy” rating and issued a $375.00 target price (up from $310.00) on shares of Lam Research in a research report on Tuesday, June 9th. JPMorgan Chase & Co. raised their price target on shares of Lam Research from $300.00 to $315.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Sanford C. Bernstein lifted their price target on shares of Lam Research from $325.00 to $340.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Zacks Research raised shares of Lam Research from a “hold” rating to a “strong-buy” rating in a report on Friday, July 17th. Finally, Jefferies Financial Group set a $335.00 price objective on shares of Lam Research and gave the company a “buy” rating in a research note on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $358.47.

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.