3,464 Lam Research Corporation $LRCX Shares Acquired by N10 Assets LLC

N10 Assets LLC grew its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 10.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,940 shares of the semiconductor company’s stock after purchasing an additional 3,464 shares during the period. Lam Research makes up approximately 4.4% of N10 Assets LLC’s investment portfolio, making the stock its 10th biggest position. N10 Assets LLC’s holdings in Lam Research were worth $12,135,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Focus Financial Network Inc. increased its stake in Lam Research by 17.7% in the 3rd quarter. Focus Financial Network Inc. now owns 1,501 shares of the semiconductor company’s stock worth $493,000 after acquiring an additional 226 shares during the last quarter. XY Planning Network Inc. raised its holdings in shares of Lam Research by 5.3% during the 3rd quarter. XY Planning Network Inc. now owns 1,500 shares of the semiconductor company’s stock worth $493,000 after acquiring an additional 76 shares in the last quarter. Krilogy Financial LLC raised its holdings in shares of Lam Research by 26.2% during the 3rd quarter. Krilogy Financial LLC now owns 35,640 shares of the semiconductor company’s stock worth $11,033,000 after acquiring an additional 7,405 shares in the last quarter. RHS Financial LLC bought a new position in shares of Lam Research during the 3rd quarter valued at approximately $277,000. Finally, Affinity Capital Advisors LLC boosted its position in shares of Lam Research by 15.8% during the 3rd quarter. Affinity Capital Advisors LLC now owns 2,263 shares of the semiconductor company’s stock valued at $722,000 after acquiring an additional 309 shares during the last quarter. 84.61% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on LRCX shares. Evercore reissued an “outperform” rating and issued a $355.00 target price on shares of Lam Research in a report on Monday, July 20th. Mizuho reduced their price target on shares of Lam Research from $370.00 to $365.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 25th. Bank of America upped their price target on shares of Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Jefferies Financial Group set a $335.00 price objective on shares of Lam Research and gave the company a “buy” rating in a research report on Thursday, July 30th. Finally, Berenberg Bank set a $420.00 price objective on shares of Lam Research in a research report on Wednesday, September 9th. One equities 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 company’s stock. According to data from MarketBeat.com, Lam Research has an average rating of “Moderate Buy” and an average target price of $364.59.

Insiders Place Their Bets

In other Lam Research news, Director Bethany Mayer sold 9,557 shares of Lam Research stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the completion of the transaction, the director directly owned 20,995 shares of the company’s stock, valued at $6,607,966.30. The trade was a 31.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Ava Harter sold 5,000 shares of the business’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the transaction, the insider owned 42,462 shares in the company, valued at $12,843,056.52. This trade represents a 10.53% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.31% of the stock is owned by company insiders.

Key Lam Research News

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

• Positive Sentiment: Analysts see upside potential: The consensus price target implies approximately 25.6% potential appreciation. Zacks notes that rising earnings-estimate revisions could support the stock, although price targets alone have limited predictive value. Wall Street Analysts See a 25.6% Upside in Lam Research
• Positive Sentiment: Favorable earnings outlook: Erste Group Bank raised its FY2027 EPS estimate to $9.40 from $9.34 and its FY2028 forecast to $11.99 from $11.68. UBS also expects Lam Research to deliver strong results and guidance, and recent analysis describes a solid FY2027 setup ahead of the report. UBS Expects Strong Results and Guidance
• Neutral Sentiment: Earnings are the immediate catalyst: Lam Research is scheduled to report earnings Wednesday. Investors will focus on demand for wafer-fabrication equipment, AI-related semiconductor spending and forward guidance. The company’s latest quarter showed record revenue, operating margin and EPS, with guidance for another strong quarter. Lam Research Set to Post Earnings
• Negative Sentiment: Sector-wide profit-taking pressured the stock: Semiconductor-equipment shares, including Lam Research, fell as investors reduced exposure after a strong AI-driven run and reassessed elevated valuations ahead of key industry earnings. The stock also declined for seven consecutive sessions. Semiconductor Equipment Stocks Slide as Investors Take Profits
• Negative Sentiment: Insider selling is a secondary concern: Reported insider activity over the past six months showed sales without purchases, including transactions by executives. This may weigh on sentiment, although the broader sector selloff appears to be the primary near-term driver.

Lam Research Trading Down 5.0%

LRCX stock traded down $14.95 during midday trading on Wednesday, reaching $286.16. 4,085,764 shares of the company traded hands, compared to its average volume of 10,625,116. The firm has a market capitalization of $358.10 billion, a price-to-earnings ratio of 49.82, a P/E/G ratio of 1.23 and a beta of 1.85. Lam Research Corporation has a 52-week low of $135.50 and a 52-week high of $438.50. The business has a 50 day moving average of $310.95 and a 200-day moving average of $307.35. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63.

Lam Research (NASDAQ:LRCX) last announced 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 firm had revenue of $6.72 billion during the quarter, compared to analysts’ expectations of $6.66 billion. Lam Research had a return on equity of 67.60% and a net margin of 31.27%. The company’s quarterly revenue was up 30.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, sell-side analysts expect that Lam Research Corporation will post 9.34 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd will be given a $0.33 dividend. This is a boost from Lam Research’s previous quarterly dividend of $0.26. This represents a $1.32 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Wednesday, September 23rd. Lam Research’s dividend payout ratio is 22.92%.

About Lam Research

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.