4,622 Lam Research Corporation $LRCX Shares Purchased by Wedmont Private Capital

Wedmont Private Capital increased its stake in Lam Research Corporation (NASDAQ:LRCX) by 26.1% during the third quarter, Holdings Channel reports. The firm owned 22,354 shares of the semiconductor company’s stock after acquiring an additional 4,622 shares during the period. Wedmont Private Capital’s holdings in Lam Research were worth $7,167,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Bayban acquired a new position in shares of Lam Research during the 4th quarter worth $26,000. Vermillion Wealth Management Inc. acquired a new stake in Lam Research during the 1st quarter worth approximately $26,000. Cedar Mountain Advisors LLC grew its stake in shares of Lam Research by 242.9% in the first quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 85 shares during the last quarter. Paladin Partners LLC acquired a new stake in shares of Lam Research in the second quarter valued at about $26,000. Finally, University of Illinois Foundation bought a new position in Lam Research during the 4th quarter worth approximately $30,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Lam Research news, Director Bethany Mayer sold 9,557 shares of the firm’s stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total value of $3,007,970.18. Following the completion of the transaction, the director owned 20,995 shares in the company, valued at $6,607,966.30. This trade represents a 31.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the company’s stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $335.00, for a total value of $6,124,470.00. Following the sale, the director owned 87,142 shares in the company, valued at approximately $29,192,570. This represents a 17.34% decrease in their ownership of the stock. 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 have sold a total of 32,839 shares of company stock worth $10,644,740 over the last 90 days. Corporate insiders own 0.31% of the company’s stock.

Lam Research Stock Performance

LRCX traded up $0.03 during trading hours on Friday, hitting $320.62. The stock had a trading volume of 2,197,557 shares, compared to its average volume of 10,682,855. Lam Research Corporation has a 1 year low of $131.02 and a 1 year high of $438.50. The company’s fifty day simple moving average is $310.47 and its 200 day simple moving average is $305.77. The stock has a market cap of $401.24 billion, a PE ratio of 55.64, a price-to-earnings-growth ratio of 1.31 and a beta of 1.85. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.30.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, beating the consensus estimate of $1.69 by $0.13. The business had revenue of $6.72 billion for the quarter, compared to the consensus estimate of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The company’s revenue was up 30.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Equities analysts anticipate that Lam Research Corporation will post 9.34 earnings per share for the current year.

Lam Research Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 23rd will be issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Wednesday, September 23rd. This is a positive change from Lam Research’s previous quarterly dividend of $0.26. Lam Research’s payout ratio is presently 22.92%.

Wall Street Analyst Weigh In

LRCX has been the topic of a number of recent analyst reports. Citigroup reissued a “buy” rating and issued a $450.00 price objective (up from $315.00) on shares of Lam Research in a research note on Wednesday, June 17th. Oppenheimer restated an “outperform” rating and issued a $400.00 target price (up from $330.00) on shares of Lam Research in a report on Monday, June 15th. Fundamental Research set a $390.00 price objective on shares of Lam Research in a report on Thursday, October 1st. Needham & Company LLC reaffirmed a “buy” rating and issued a $390.00 target price on shares of Lam Research in a report on Thursday, July 30th. Finally, HSBC reissued a “hold” rating and issued a $333.00 price objective on shares of Lam Research in a research report on Monday, July 27th. One research 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 stock. Based on data from MarketBeat, Lam Research has an average rating of “Moderate Buy” and a consensus price target of $364.59.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Lam Research is highlighted as a long-term investment candidate because it supplies essential semiconductor-manufacturing equipment and is positioned to benefit from sustained spending on artificial intelligence, advanced chips and wafer-fabrication capacity. Why Lam Research Is a Top Stock for the Long-Term
• Positive Sentiment: Recent commentary points to strong historical shareholder returns and argues that investors who remained invested through several severe drawdowns were rewarded over time. This supports the long-term thesis, though it also underscores LRCX’s high volatility. Lam Research Historical Returns and Volatility
• Positive Sentiment: Lam Research is included among chip stocks with dependable earnings and durable growth potential as AI-related semiconductor demand expands. Its latest reported quarter also exceeded analyst expectations for revenue and earnings, providing fundamental support. Top Chip Stocks to Ride the AI Boom
• Neutral Sentiment: LRCX has attracted unusually high investor attention and is described as an AI-related stock with strong returns and profitability. These articles are mainly educational and do not introduce a new earnings estimate, contract or corporate announcement. Lam Research Trending Stock Analysis
• Negative Sentiment: Lam Research recently underperformed the broader market, with coverage noting a decline of roughly 2.7% in the latest session. The move appears consistent with short-term market pressure and profit-taking rather than a deterioration in reported fundamentals. Lam Research Falls More Than the General Market
• Negative Sentiment: After a substantial year-to-date advance, LRCX remains vulnerable to volatility and valuation-related selling. Its elevated valuation means investors may demand continued strong growth to support the share price.

Lam Research Company Profile

Lam Research Corporation is a semiconductor equipment company that designs, manufactures, and services systems used in the fabrication of integrated circuits and other electronic devices. Its equipment supports key steps in the wafer manufacturing process, helping semiconductor producers create increasingly small and complex features on silicon wafers.

The company’s portfolio includes systems for etch, deposition, wafer cleaning, surface preparation, and related manufacturing processes.