Lam Research Corporation $LRCX Shares Acquired by Panagora Asset Management Inc.

Panagora Asset Management Inc. boosted its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 11.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,112,808 shares of the semiconductor company’s stock after buying an additional 117,287 shares during the period. Lam Research accounts for 0.7% of Panagora Asset Management Inc.’s investment portfolio, making the stock its 23rd largest holding. Panagora Asset Management Inc.’s holdings in Lam Research were worth $190,490,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. South Plains Financial Inc. purchased a new stake in Lam Research during the 4th quarter worth about $119,000. Motiv8 Investments LLC acquired a new stake in shares of Lam Research during the 4th quarter worth about $101,000. Nicholas Investment Partners LP lifted its stake in Lam Research by 14.3% during the fourth quarter. Nicholas Investment Partners LP now owns 11,544 shares of the semiconductor company’s stock worth $1,976,000 after purchasing an additional 1,440 shares during the last quarter. Focus Partners Wealth boosted its holdings in Lam Research by 355.2% in the fourth quarter. Focus Partners Wealth now owns 2,046,824 shares of the semiconductor company’s stock valued at $343,351,000 after purchasing an additional 1,597,187 shares in the last quarter. Finally, Fortitude Advisory Group L.L.C. acquired a new position in shares of Lam Research in the 4th quarter valued at $252,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Insider Transactions at Lam Research

In other Lam Research news, SVP Neil J. Fernandes sold 7,659 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the completion of the transaction, the senior vice president directly owned 58,470 shares in the company, valued at approximately $18,102,312. This trade represents a 11.58% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of Lam Research 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 transaction, the insider owned 53,205 shares of the company’s stock, valued at approximately $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. Over the last three months, insiders sold 31,839 shares of company stock worth $8,561,667. 0.31% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Cantor Fitzgerald set a $425.00 target price on Lam Research and gave the company an “overweight” rating in a research report on Wednesday. Bank of America raised their price objective on shares of Lam Research from $285.00 to $330.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. JPMorgan Chase & Co. boosted their target price on Lam Research from $300.00 to $315.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Susquehanna boosted their price target on shares of Lam Research from $350.00 to $385.00 and gave the stock a “positive” rating in a research note on Thursday, April 23rd. Finally, Zacks Research cut Lam Research from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Twenty-eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $322.01.

Key Lam Research News

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

• Positive Sentiment: Lam Research is benefiting from renewed optimism around wafer-fab equipment demand, with management recently raising its 2026 WFE market forecast to $140 billion and analysts lifting price targets on expectations that AI-driven chip investment will stay strong. Article Title
• Positive Sentiment: Recent coverage highlighted Lam Research as a core beneficiary of the AI infrastructure boom, with Barclays reiterating constructive views on chip-equipment names and investors focusing on ongoing spending for new semiconductor supply. Article Title
• Positive Sentiment: Lam Research’s recent earnings outperformance and upbeat guidance continue to support the bullish case, with the company beating estimates and projecting stronger revenue momentum into upcoming quarters. Article Title
• Neutral Sentiment: Some recent pieces focus on valuation after the AI-driven rally, suggesting investors are now weighing how much upside is already priced in after a sharp run-up. Article Title
• Negative Sentiment: Broader semiconductor stocks have remained volatile, and one recent session saw LRCX fall more steeply than the market, showing that the stock can still be pressured by sector-wide AI and macro swings. Article Title

Lam Research Stock Performance

LRCX opened at $366.81 on Monday. Lam Research Corporation has a 1-year low of $87.75 and a 1-year high of $373.82. The stock has a market cap of $458.72 billion, a P/E ratio of 69.21, a P/E/G ratio of 3.02 and a beta of 1.85. The stock’s 50 day simple moving average is $286.10 and its 200 day simple moving average is $234.16. 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 (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.11. The firm had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.Lam Research’s revenue was up 23.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, equities analysts anticipate that Lam Research Corporation will post 5.7 EPS for the current fiscal year.

Lam Research Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be given a $0.26 dividend. The ex-dividend date is Wednesday, June 17th. This represents a $1.04 annualized dividend and a dividend yield of 0.3%. Lam Research’s payout ratio is currently 19.62%.

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.