Donoghue Forlines LLC Decreases Stock Holdings in Lam Research Corporation $LRCX

Donoghue Forlines LLC decreased its position in Lam Research Corporation (NASDAQ:LRCX) by 24.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 15,396 shares of the semiconductor company’s stock after selling 4,871 shares during the quarter. Lam Research accounts for approximately 0.8% of Donoghue Forlines LLC’s investment portfolio, making the stock its 16th largest position. Donoghue Forlines LLC’s holdings in Lam Research were worth $2,635,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. PMV Capital Advisers LLC purchased a new position in shares of Lam Research in the fourth quarter valued at about $25,000. Stance Capital LLC purchased a new position in shares of Lam Research in the third quarter valued at about $26,000. Triumph Capital Management purchased a new position in shares of Lam Research in the third quarter valued at about $27,000. Strategic Wealth Investment Group LLC purchased a new position in shares of Lam Research in the second quarter valued at about $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of Lam Research in the third quarter valued at about $40,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Insider Buying and Selling

In related news, SVP Neil J. Fernandes sold 18,170 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the sale, the senior vice president owned 66,129 shares of the company’s stock, valued at $16,872,153.06. The trade was a 21.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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 dated 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 sale, the insider directly owned 53,205 shares in the company, valued at $13,762,005.30. The trade was a 10.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 120,066 shares of company stock valued at $27,953,242 over the last quarter. Corporate insiders own 0.31% of the company’s stock.

Lam Research Price Performance

Shares of NASDAQ LRCX opened at $299.15 on Friday. Lam Research Corporation has a 1 year low of $79.49 and a 1 year high of $302.00. 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 company’s 50-day moving average is $245.00 and its 200 day moving average is $210.21. The stock has a market capitalization of $374.11 billion, a P/E ratio of 56.44, a P/E/G ratio of 2.45 and a beta of 1.81.

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

Key Stories Impacting Lam Research

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

• Positive Sentiment: Several recent articles say Lam Research is an “incredible growth stock,” pointing to solid operating momentum and the potential for strong long-term returns.
• Positive Sentiment: Analysts and market commentary remain bullish, with coverage noting that Wall Street’s average recommendation is effectively a Buy and that price targets have been raised as the stock pushed above the $300 level.
• Positive Sentiment: Investor interest is also being supported by Lam’s recent earnings beat, with revenue of $5.84 billion and non-GAAP EPS of $1.47, both topping expectations and reinforcing confidence in demand trends tied to AI infrastructure.
• Neutral Sentiment: The company also announced upcoming participation in investor conferences, which does not change fundamentals but may keep the stock in focus for traders and institutions.
• Neutral Sentiment: Additional articles discussed Lam Research’s long-term stock performance and valuation, which may support sentiment but are not new catalysts by themselves.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Berenberg Bank boosted their price objective on shares of Lam Research from $265.00 to $335.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Stifel Nicolaus boosted their price target on shares of Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Bank of America boosted their price target on shares of Lam Research from $285.00 to $330.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. JPMorgan Chase & Co. boosted their price target on shares of Lam Research from $300.00 to $315.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. Finally, Zacks Research cut shares of Lam Research from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Twenty-six equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $291.75.

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.