ABN Amro Investment Solutions Acquires 84,170 Shares of Lam Research Corporation $LRCX

ABN Amro Investment Solutions grew its holdings in Lam Research Corporation (NASDAQ:LRCX) by 207.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 124,647 shares of the semiconductor company’s stock after purchasing an additional 84,170 shares during the period. ABN Amro Investment Solutions’ holdings in Lam Research were worth $21,337,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of LRCX. Arrowstreet Capital Limited Partnership increased its holdings in shares of Lam Research by 781.3% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock worth $1,518,542,000 after purchasing an additional 10,053,978 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Lam Research by 18.2% in the 3rd quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock worth $2,836,397,000 after purchasing an additional 3,263,658 shares in the last quarter. California Public Employees Retirement System increased its holdings in shares of Lam Research by 108.7% in the 3rd quarter. California Public Employees Retirement System now owns 4,526,099 shares of the semiconductor company’s stock worth $606,045,000 after purchasing an additional 2,356,897 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Lam Research by 138.6% in the 3rd quarter. AQR Capital Management LLC now owns 3,541,230 shares of the semiconductor company’s stock worth $472,294,000 after purchasing an additional 2,056,749 shares in the last quarter. Finally, M&T Bank Corp increased its holdings in shares of Lam Research by 1,925.5% in the 4th quarter. M&T Bank Corp now owns 1,717,551 shares of the semiconductor company’s stock worth $294,010,000 after purchasing an additional 1,632,754 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Key Lam Research News

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

• Positive Sentiment: Lam Research opened a new research lab in Salzburg, Austria, focused on advanced chip-packaging technology that could increase chip density and reduce costs, reinforcing its role in the AI semiconductor buildout. Reuters article
• Positive Sentiment: Morgan Stanley upgraded Lam Research to Overweight, and Bernstein also lifted price targets after raising wafer fab equipment spending forecasts, signaling improving Street sentiment on LRCX. Barchart article
• Positive Sentiment: Analysts say Lam is benefiting from stronger AI chip demand, higher WFE spending, and record revenue/EPS trends, which supports expectations for continued growth in etch, deposition, and memory-related equipment. Zacks article
• Positive Sentiment: Additional commentary highlighted Lam as one of the key “picks-and-shovels” names in the memory-chip and AI equipment trade, which is helping keep bullish momentum in the stock. 24/7 Wall St article
• Neutral Sentiment: One comparison note from Zacks argued Applied Materials may have a valuation edge over LRCX, but this appears to be a relative assessment rather than a direct negative on Lam’s fundamentals. Zacks article

Insider Buying and Selling at Lam Research

In other Lam Research news, SVP Neil J. Fernandes sold 18,170 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the completion of the sale, the senior vice president owned 66,129 shares of the company’s stock, valued at approximately $16,872,153.06. The trade was a 21.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Douglas R. Bettinger sold 50,057 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total value of $11,214,269.71. Following the sale, the chief financial officer directly owned 1,081,705 shares of the company’s stock, valued at $242,334,371.15. This represents a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 120,066 shares of company stock valued at $27,953,242. Company insiders own 0.31% of the company’s stock.

Lam Research Stock Performance

NASDAQ:LRCX opened at $292.09 on Thursday. The stock has a 50-day simple moving average of $250.60 and a two-hundred day simple moving average of $213.69. Lam Research Corporation has a 52-week low of $79.49 and a 52-week high of $302.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. The firm has a market capitalization of $365.28 billion, a PE ratio of 55.11, a P/E/G ratio of 2.26 and a beta of 1.81.

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

Wall Street Analysts Forecast Growth

Several analysts recently commented on LRCX shares. Weiss Ratings lowered Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, May 14th. 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. 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. Deutsche Bank Aktiengesellschaft lifted their price objective on Lam Research from $300.00 to $325.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Finally, TD Cowen lifted their price objective on Lam Research from $290.00 to $340.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Twenty-seven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $292.97.

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.