Lam Research Corporation $LRCX Position Cut by Versor Investments LP

Versor Investments LP lessened its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 33.7% in the third quarter, HoldingsChannel reports. The fund owned 6,089 shares of the semiconductor company’s stock after selling 3,100 shares during the period. Versor Investments LP’s holdings in Lam Research were worth $815,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of LRCX. Norges Bank bought a new stake in Lam Research during the 2nd quarter worth approximately $1,894,585,000. JPMorgan Chase & Co. grew its holdings in Lam Research by 14.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock valued at $3,954,188,000 after buying an additional 5,102,589 shares in the last quarter. Nordea Investment Management AB increased its position in shares of Lam Research by 34.1% in the second quarter. Nordea Investment Management AB now owns 10,594,574 shares of the semiconductor company’s stock worth $1,029,210,000 after purchasing an additional 2,692,189 shares during the period. Artisan Partners Limited Partnership lifted its holdings in shares of Lam Research by 35.4% during the 2nd quarter. Artisan Partners Limited Partnership now owns 9,849,868 shares of the semiconductor company’s stock worth $958,786,000 after acquiring an additional 2,575,456 shares during the period. Finally, Sei Investments Co. increased its stake in shares of Lam Research by 103.5% in the 2nd quarter. Sei Investments Co. now owns 3,049,460 shares of the semiconductor company’s stock valued at $296,833,000 after purchasing an additional 1,550,842 shares during the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Key Lam Research News

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

• Positive Sentiment: Multiple analyst upgrades and higher price targets reinforce upside expectations (Sanford C. Bernstein raised its target to $285; other outlets bumped targets to the mid‑$200s), supporting investor confidence. Bernstein Adjusts Price Target on Lam Research
• Positive Sentiment: Industry and fundamentals view: commentary highlights strong AI/memory-driven demand, solid margins and $5B‑plus quarter potential — arguments used to justify a premium multiple. High P/E: Justified Premium or Too Pricey?
• Neutral Sentiment: Technical signal: LRCX recently crossed above its 20‑day moving average, which can attract momentum traders but is a short‑term indicator. 20-Day Moving Average Crossover
• Negative Sentiment: Insider selling: Director Eric Brandt sold 35,000 shares (~$7.9M), trimming his stake — a signal that can trigger short‑term investor caution even if not unusual for insiders to diversify. Director Sells 35,000 Shares
• Negative Sentiment: Leadership/strategic concern: reporting on a leadership shift and the CEA‑Leti alliance prompted questions about whether recent multiple expansion is fully justified, creating valuation uncertainty for some investors. Leadership Shift And CEA Leti Alliance
• Negative Sentiment: Options flow: unusually large put buying (roughly +112% vs. average) indicates elevated hedging or bearish positioning, which can amplify downside pressure in the near term.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Sanford C. Bernstein upped their price objective on Lam Research from $275.00 to $285.00 and gave the company an “outperform” rating in a research note on Monday. Barclays set a $250.00 target price on Lam Research in a report on Thursday, January 29th. Citic Securities upped their price target on shares of Lam Research from $165.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Evercore set a $275.00 target price on Lam Research in a research note on Thursday, January 29th. Finally, HSBC upped their price target on shares of Lam Research from $181.00 to $221.00 and gave the stock a “hold” rating in a report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $244.88.

Lam Research Trading Down 1.2%

NASDAQ:LRCX opened at $226.61 on Wednesday. The firm has a market capitalization of $282.98 billion, a price-to-earnings ratio of 46.44, a price-to-earnings-growth ratio of 2.46 and a beta of 1.78. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.61. The business has a fifty day moving average price of $197.23 and a 200-day moving average price of $152.89. Lam Research Corporation has a one year low of $56.32 and a one year high of $251.87.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.17 by $0.10. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The business had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.23 billion. During the same quarter last year, the business earned $0.91 earnings per share. Lam Research’s quarterly revenue was up 22.1% compared to the same quarter last year. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Sell-side analysts forecast that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, March 4th. Lam Research’s dividend payout ratio is currently 21.31%.

Insider Transactions at Lam Research

In other Lam Research news, Director Eric Brandt sold 35,000 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $225.60, for a total value of $7,896,000.00. Following the transaction, the director directly owned 253,705 shares in the company, valued at $57,235,848. The trade was a 12.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Douglas R. Bettinger sold 40,080 shares of the stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the transaction, the chief financial officer directly owned 987,237 shares of the company’s stock, valued at approximately $148,677,892.20. This trade represents a 3.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.31% of the company’s stock.

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.