Ava Harter Sells 5,000 Shares of Lam Research (NASDAQ:LRCX) Stock

Lam Research Corporation (NASDAQ:LRCX) insider Ava Harter sold 5,000 shares of the stock in a transaction on Monday, August 31st. The stock was sold at an average price of $302.46, for a total value of $1,512,300.00. Following the sale, the insider owned 42,462 shares in the company, valued at approximately $12,843,056.52. This represents a 10.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Lam Research Price Performance

Shares of NASDAQ LRCX opened at $288.32 on Thursday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63. Lam Research Corporation has a fifty-two week low of $96.44 and a fifty-two week high of $438.50. The stock has a market cap of $360.78 billion, a PE ratio of 50.06, a price-to-earnings-growth ratio of 1.15 and a beta of 1.85. The stock has a fifty day moving average of $324.95 and a 200-day moving average of $290.88.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.13. The business had revenue of $6.72 billion for the quarter, compared to analysts’ expectations of $6.66 billion. Lam Research had a return on equity of 67.60% and a net margin of 31.27%.The firm’s quarterly revenue was up 30.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Equities research analysts anticipate that Lam Research Corporation will post 9.33 earnings per share for the current year.

Lam Research Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd will be given a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 0.5%. This is a positive change from Lam Research’s previous quarterly dividend of $0.26. The ex-dividend date is Wednesday, September 23rd. Lam Research’s dividend payout ratio (DPR) is currently 22.92%.

Analyst Ratings Changes

A number of research firms have recently issued reports on LRCX. Cantor Fitzgerald set a $500.00 price objective on shares of Lam Research and gave the stock an “overweight” rating in a report on Monday, June 29th. Raymond James Financial set a $425.00 price target on Lam Research in a research report on Wednesday, June 10th. Mizuho dropped their price target on Lam Research from $370.00 to $365.00 and set an “outperform” rating for the company in a research note on Tuesday, August 25th. B. Riley Financial cut their price objective on Lam Research from $385.00 to $350.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Finally, Weiss Ratings upgraded Lam Research from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, August 21st. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $358.97.

Hedge Funds Weigh In On Lam Research

A number of large investors have recently added to or reduced their stakes in the business. Brighton Jones LLC grew its position in Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after acquiring an additional 12,936 shares during the last quarter. Caxton Associates LLP purchased a new position in Lam Research in the 1st quarter worth approximately $239,000. Gabelli Funds LLC bought a new stake in Lam Research in the second quarter valued at approximately $253,000. NewEdge Advisors LLC lifted its position in Lam Research by 2.7% in the second quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock valued at $9,785,000 after purchasing an additional 2,661 shares during the last quarter. Finally, Osterweis Capital Management Inc. boosted its stake in shares of Lam Research by 5,206.7% during the second quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock valued at $77,000 after purchasing an additional 781 shares during the period. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research News Roundup

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

• Positive Sentiment: AI data-center investment, advanced chip manufacturing and an expected memory-market recovery are being cited as growth opportunities for Lam Research’s wafer-fabrication equipment business. Several investment-fund commentaries identify LRCX as a beneficiary of structural semiconductor demand. Lam Research growth opportunities article
• Positive Sentiment: Recent coverage remains bullish on LRCX, highlighting strong seasonal trends, AI-related spending and the company’s role in advanced logic and memory production. One stock-picking article names Lam as a preferred way to participate in the AI data-center boom. Lam Research chip-stock article
• Positive Sentiment: Lam’s latest quarterly results exceeded expectations, with adjusted earnings of $1.82 per share on $6.72 billion in revenue. Revenue rose 30% year over year, and management guided to fiscal first-quarter 2027 earnings of $2.00 to $2.30 per share.
• Positive Sentiment: The company raised its quarterly dividend to $0.33 from $0.26, a roughly 27% increase. The higher payout reinforces confidence in cash generation, although the yield remains modest at approximately 0.5%. Dividend increase article
• Neutral Sentiment: UBS cut its price target to $425 from $435 but maintained a Buy rating. The reduction indicates some caution after LRCX’s substantial rally, while the rating and target still reflect confidence in longer-term upside. UBS target-cut article
• Negative Sentiment: A global bond selloff lifted long-term yields, increasing pressure on high-multiple growth stocks such as LRCX and raising concerns that restrictive interest rates could persist. Higher yields reduce the appeal of future earnings and can increase financing costs. Semiconductor selloff article
• Negative Sentiment: An insider sold 5,000 shares for approximately $1.5 million. The sale occurred under a pre-arranged Rule 10b5-1 plan, limiting its importance as a signal, but it contributed to near-term selling pressure. SEC insider-sale filing
• Negative Sentiment: LRCX’s valuation remains demanding, with a price-to-earnings ratio near 50, leaving the stock vulnerable to profit-taking or disappointment despite strong AI and semiconductor-equipment fundamentals. Lam Research valuation article

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.