Lam Research (NASDAQ:LRCX) Director Bethany Mayer Sells 9,557 Shares of Stock

Lam Research Corporation (NASDAQ:LRCX) Director Bethany Mayer sold 9,557 shares of the firm’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total value of $3,007,970.18. Following the sale, the director owned 20,995 shares in the company, valued at $6,607,966.30. The trade was a 31.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Lam Research Trading Down 5.0%

Shares of NASDAQ:LRCX traded down $15.84 on Thursday, hitting $300.00. The company had a trading volume of 3,484,669 shares, compared to its average volume of 10,844,180. The firm’s 50-day simple moving average is $315.51 and its two-hundred day simple moving average is $293.41. The firm has a market capitalization of $375.39 billion, a price-to-earnings ratio of 52.10, a P/E/G ratio of 1.27 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 Corporation has a 1 year low of $108.29 and a 1 year high of $438.50.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.13. The business had revenue of $6.72 billion during 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 firm’s revenue was up 30.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Equities analysts anticipate that Lam Research Corporation will post 9.33 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd will be given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Wednesday, September 23rd. This is an increase from Lam Research’s previous quarterly dividend of $0.26. Lam Research’s payout ratio is presently 18.06%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Bouchey Financial Group Ltd. raised its position in shares of Lam Research by 14.6% during the second quarter. Bouchey Financial Group Ltd. now owns 2,224 shares of the semiconductor company’s stock worth $964,000 after acquiring an additional 284 shares during the last quarter. Core Capital Management & Research inc. bought a new position in shares of Lam Research during the second quarter worth about $65,000. The Manufacturers Life Insurance Company increased its position in shares of Lam Research by 16.8% in the second quarter. The Manufacturers Life Insurance Company now owns 964,364 shares of the semiconductor company’s stock valued at $417,888,000 after acquiring an additional 138,754 shares during the last quarter. Capstone Financial Advisors Inc. raised its position in Lam Research by 14.8% during the second quarter. Capstone Financial Advisors Inc. now owns 5,710 shares of the semiconductor company’s stock worth $2,474,000 after acquiring an additional 737 shares in the last quarter. Finally, IPG Investment Advisors LLC boosted its stake in shares of Lam Research by 2.2% during the 2nd quarter. IPG Investment Advisors LLC now owns 7,567 shares of the semiconductor company’s stock worth $3,281,000 after acquiring an additional 163 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on LRCX. HSBC reissued a “hold” rating and set a $333.00 price target on shares of Lam Research in a research report on Monday, July 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $320.00 price target on shares of Lam Research in a report on Thursday, July 30th. Evercore restated an “outperform” rating and issued a $355.00 price target on shares of Lam Research in a report on Monday, July 20th. Wells Fargo & Company reiterated an “overweight” rating and set a $350.00 price target (down from $450.00) on shares of Lam Research in a research report on Thursday, July 30th. Finally, Oppenheimer reissued an “outperform” rating and set a $400.00 target price (up from $330.00) on shares of Lam Research in a report on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $361.81.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Strong memory-market exposure: Global wafer-fabrication-equipment spending is projected to increase 16.9% to $135.2 billion in 2026, with DRAM and NAND investment growing particularly quickly as artificial intelligence drives demand for high-bandwidth memory, advanced DRAM and enterprise storage. Lam Research is viewed as one of the equipment companies best positioned for this memory expansion. 3 Chip Equipment Stocks Set to Win the Memory Boom
• Positive Sentiment: Shareholder returns remain supportive: Lam Research reportedly returned $5.12 billion to shareholders in fiscal 2026, helped by buybacks and a 27% dividend increase. The capital-return program may reinforce investor confidence in cash generation, although it is unlikely to offset day-to-day market pressure by itself. Lam Research Returns $5B+ to Shareholders in FY26
• Positive Sentiment: Long-term analyst and investor support: Recent articles continue to describe LRCX as a wide-moat semiconductor-equipment company benefiting from durable AI and memory trends. Analysts generally view the shares favorably, while the company’s latest reported quarter exceeded consensus earnings and revenue expectations.
• Neutral Sentiment: Investor focus remains on management commentary: Lam Research’s appearance at Citi’s Global TMT Conference could provide additional insight into customer spending, memory demand and the equipment cycle, but the available coverage does not identify a new guidance change or material surprise. Lam Research Presents at Citi’s 2026 Global TMT Conference
• Negative Sentiment: Valuation and market volatility are likely weighing on the stock: LRCX recently underperformed the broader market during a down session. Macro uncertainty, inflation concerns, Federal Reserve policy-transition risk and potential profit-taking after a strong run may be pressuring the shares despite favorable industry fundamentals.
• Negative Sentiment: Several clinical-study articles appear unrelated: Reports about chest remodeling, filler removal, vein health and imaging-guided surgery were incorrectly attributed to Lam Research and do not describe the semiconductor-equipment company. They should not be treated as investment catalysts or risks for LRCX.

Lam Research Company Profile

Lam Research Corporation is a semiconductor equipment company that develops and manufactures systems used in the fabrication of integrated circuits. Its equipment supports key wafer-processing steps, including deposition, etch, wafer cleaning, and related processes used to create and connect the microscopic features found on semiconductor devices.

The company serves semiconductor manufacturers producing a range of products, including memory, logic, and specialty chips. In addition to manufacturing equipment, Lam Research provides installation, maintenance, spare parts, upgrades, technical support, and other services intended to help customers operate and improve their fabrication facilities.

Founded in 1980, Lam Research is headquartered in Fremont, California, and serves customers through a global network of offices, engineering facilities, and support operations.