Lam Research Corporation $LRCX Stock Sold by Nikulski Financial Inc.

Nikulski Financial Inc. decreased its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 10.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,544 shares of the semiconductor company’s stock after selling 3,964 shares during the period. Lam Research makes up 2.3% of Nikulski Financial Inc.’s investment portfolio, making the stock its 9th largest holding. Nikulski Financial Inc.’s holdings in Lam Research were worth $11,022,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of LRCX. World Equity Group Inc. raised its stake in Lam Research by 0.5% in the second quarter. World Equity Group Inc. now owns 5,576 shares of the semiconductor company’s stock worth $2,416,000 after buying an additional 29 shares in the last quarter. Vann Equity Management LLC boosted its position in Lam Research by 1.1% during the 3rd quarter. Vann Equity Management LLC now owns 2,873 shares of the semiconductor company’s stock valued at $944,000 after acquiring an additional 31 shares in the last quarter. Tenzing Financial LLC boosted its position in Lam Research by 3.5% during the 2nd quarter. Tenzing Financial LLC now owns 1,018 shares of the semiconductor company’s stock valued at $441,000 after acquiring an additional 34 shares in the last quarter. Advus Financial Partners LLC boosted its position in Lam Research by 1.0% during the 2nd quarter. Advus Financial Partners LLC now owns 3,578 shares of the semiconductor company’s stock valued at $1,550,000 after acquiring an additional 34 shares in the last quarter. Finally, Paragon Private Wealth Management LLC grew its holdings in shares of Lam Research by 1.3% during the 2nd quarter. Paragon Private Wealth Management LLC now owns 2,719 shares of the semiconductor company’s stock worth $1,178,000 after acquiring an additional 35 shares during the period. Institutional investors own 84.61% of the company’s stock.

Lam Research News Roundup

These are some of the LRCX news items that stood out recently:

• Positive Sentiment: Wells Fargo lifted its view on U.S. AI infrastructure to neutral from negative after a sector selloff. Lam was also included among AI stocks to consider, while Bernstein analyst Stacy Rasgon reportedly remains positive despite the stock’s steep recent decline. This may help bolster confidence in demand for semiconductor equipment tied to AI. Lam Research article
• Positive Sentiment: Lam’s board authorized up to $25 billion in share repurchases and reaffirmed its quarterly dividend of $0.33 per share. Buybacks can support shareholder returns and signal management confidence, though the authorization does not guarantee purchases at a particular pace. Lam Research buyback article
• Negative Sentiment: Despite a recent multi-session rebound, Lam remains below its 50-day moving average, and reports describe a roughly 34% decline over the past month. The sharp volatility and lingering pressure on semiconductor-equipment shares may continue to weigh on sentiment. Lam Research share performance article

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Deutsche Bank reissued a “buy” rating and issued a $375.00 target price on shares of Lam Research in a research report on Monday, October 19th. Wall Street Zen upgraded Lam Research from a “hold” rating to a “buy” rating in a research report on Saturday, October 24th. Weiss Ratings cut Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, September 4th. Bank of America reaffirmed a “buy” rating and issued a $345.00 price target on shares of Lam Research in a research note on Thursday, October 22nd. Finally, Zacks Research downgraded Lam Research from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 22nd. Twenty-six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $357.57.

Insiders Place Their Bets

In related news, insider Ava Harter sold 5,000 shares of the company’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the completion of 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 9,557 shares of the 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 completion of the transaction, the director directly owned 20,995 shares in the company, valued at approximately $6,607,966.30. This represents a 31.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 14,573 shares of company stock worth $4,523,606. Company insiders own 0.31% of the company’s stock.

Lam Research Stock Down 0.9%

LRCX stock opened at $233.78 on Friday. The stock has a market capitalization of $292.03 billion, a P/E ratio of 34.84, a P/E/G ratio of 0.87 and a beta of 1.97. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.48 and a quick ratio of 1.86. Lam Research Corporation has a 1-year low of $135.50 and a 1-year high of $438.50. The business has a fifty day moving average price of $279.00 and a 200-day moving average price of $283.79.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, October 21st. The semiconductor company reported $2.20 EPS for the quarter, beating the consensus estimate of $2.18 by $0.02. Lam Research had a return on equity of 72.15% and a net margin of 32.34%. The company had revenue of $8.22 billion for the quarter, compared to analysts’ expectations of $8.14 billion. During the same period last year, the firm posted $1.26 earnings per share. Lam Research’s revenue was up 54.4% compared to the same quarter last year. Equities analysts forecast that Lam Research Corporation will post 9.60 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 6th. Stockholders of record on Wednesday, December 2nd will be paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Wednesday, December 2nd. Lam Research’s dividend payout ratio (DPR) is 19.67%.

Lam Research announced that its Board of Directors has approved a share buyback plan on Thursday, November 5th that allows the company to repurchase $25 billion in shares. This buyback authorization allows the semiconductor company to buy up to 9% of its shares through open market purchases. Share buyback plans are often a sign that the company’s leadership believes its stock is undervalued.

About Lam Research

Lam Research is a global supplier of equipment and services used to manufacture semiconductors. Its products help chipmakers create and process the microscopic structures that form integrated circuits. The company’s wafer fabrication equipment is used for processes including etch, thin-film deposition and wafer cleaning. Lam also provides services such as equipment maintenance, upgrades, spare parts and other support for chip manufacturing operations. Founded in 1980 and headquartered in Fremont, California, Lam Research serves semiconductor manufacturers around the world.