May Hill Capital LLC Purchases 5,072 Shares of Lam Research Corporation $LRCX

May Hill Capital LLC increased its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 67.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,624 shares of the semiconductor company’s stock after buying an additional 5,072 shares during the quarter. May Hill Capital LLC’s holdings in Lam Research were worth $2,161,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Traphagen Investment Advisors LLC increased its holdings 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 worth $336,000 after purchasing an additional 46 shares in the last quarter. Field & Main Bank increased its holdings in shares of Lam Research by 1.1% in the 4th quarter. Field & Main Bank now owns 4,615 shares of the semiconductor company’s stock worth $790,000 after purchasing an additional 50 shares in the last quarter. Capital Advisors Ltd. LLC increased its holdings in shares of Lam Research by 1.1% in the 4th quarter. Capital Advisors Ltd. LLC now owns 4,646 shares of the semiconductor company’s stock worth $795,000 after purchasing an additional 51 shares in the last quarter. Retirement Planning Group LLC increased its holdings in shares of Lam Research by 2.9% in the 4th quarter. Retirement Planning Group LLC now owns 1,834 shares of the semiconductor company’s stock worth $314,000 after purchasing an additional 51 shares in the last quarter. Finally, Plancorp LLC increased its holdings in shares of Lam Research by 2.1% in the 4th quarter. Plancorp LLC now owns 2,518 shares of the semiconductor company’s stock worth $431,000 after purchasing an additional 51 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the company. Weiss Ratings lowered Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday. Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 price objective on shares of Lam Research in a report on Thursday, April 23rd. Jefferies Financial Group lifted their price objective on Lam Research from $285.00 to $315.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Barclays set a $275.00 price objective on Lam Research and gave the stock an “equal weight” rating in a report on Thursday, April 23rd. Finally, BNP Paribas Exane lifted their price objective on Lam Research from $250.00 to $260.00 and gave the stock a “neutral” rating in a report on Thursday, April 23rd. Twenty-six equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, Lam Research currently has a consensus rating of “Moderate Buy” and an average price target of $291.75.

Lam Research Stock Performance

Shares of LRCX opened at $284.72 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. Lam Research Corporation has a one year low of $79.49 and a one year high of $302.00. The firm has a market capitalization of $356.06 billion, a P/E ratio of 53.72, a PEG ratio of 2.36 and a beta of 1.81. The business has a fifty day moving average of $246.23 and a 200 day moving average of $210.73.

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

Trending Headlines about Lam Research

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

• Positive Sentiment: Lam Research is benefiting from AI-driven demand for semiconductor manufacturing equipment, with reports citing record quarterly revenue and EPS, along with expanding margins. Lam Research Rides AI Boom With Record Results And Margin Expansion
• Positive Sentiment: Management reportedly lifted its outlook for wafer fabrication equipment spending and advanced packaging revenue, reinforcing expectations for continued growth tied to AI infrastructure. Why Lam Research (LRCX) Is Levered to AI-Driven Wafer Fab and Packaging Spending
• Positive Sentiment: Wall Street sentiment remains constructive, with multiple reports pointing to bullish analyst views and higher price targets after the company topped estimates and reached record stock levels. Lam Research (LRCX) Stock Surges Past $300 Milestone as Wall Street Boosts Price Targets
• Neutral Sentiment: Several articles focused on Lam Research’s long-term investment appeal and why investors favor the stock, which adds to the positive narrative but does not appear to introduce new catalysts. If You Invested $1000 in Lam Research a Decade Ago, This is How Much It’d Be Worth Now
• Neutral Sentiment: Conference-participation news may keep Lam Research visible to investors, but it is not likely to move the stock on its own. Lam Research Corporation Announces Participation at Upcoming Conferences

Insider Activity at Lam Research

In related news, insider Ava Harter sold 6,010 shares of Lam Research stock in a transaction 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 directly owned 53,205 shares in the company, valued at approximately $13,762,005.30. The trade was a 10.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Neil J. Fernandes sold 18,170 shares of Lam Research stock in a transaction on Friday, May 1st. The shares were sold at an average price of $255.14, for a total value of $4,635,893.80. Following the transaction, the senior vice president owned 66,129 shares in the company, valued at $16,872,153.06. This trade represents a 21.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 120,066 shares of company stock worth $27,953,242. 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.