Mirador Capital Partners LP Sells 3,900 Shares of Lam Research Corporation $LRCX

Mirador Capital Partners LP lowered its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 23.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 12,940 shares of the semiconductor company’s stock after selling 3,900 shares during the period. Mirador Capital Partners LP’s holdings in Lam Research were worth $2,215,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of LRCX. Abound Wealth Management lifted its holdings in Lam Research by 6.9% in the fourth quarter. Abound Wealth Management now owns 931 shares of the semiconductor company’s stock worth $159,000 after buying an additional 60 shares during the period. Gryphon Financial Partners LLC grew its holdings in shares of Lam Research by 4.0% during the 4th quarter. Gryphon Financial Partners LLC now owns 1,752 shares of the semiconductor company’s stock worth $300,000 after acquiring an additional 68 shares during the period. Gilliland Jeter Wealth Management LLC grew its holdings in shares of Lam Research by 0.3% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 26,501 shares of the semiconductor company’s stock worth $3,548,000 after acquiring an additional 69 shares during the period. Gold Investment Management Ltd. raised its position in shares of Lam Research by 0.5% in the 3rd quarter. Gold Investment Management Ltd. now owns 14,736 shares of the semiconductor company’s stock worth $1,973,000 after acquiring an additional 70 shares in the last quarter. Finally, Rosenberg Matthew Hamilton lifted its stake in shares of Lam Research by 8.1% in the 4th quarter. Rosenberg Matthew Hamilton now owns 939 shares of the semiconductor company’s stock valued at $161,000 after purchasing an additional 70 shares during the period. 84.61% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Rothschild & Co Redburn lifted their price target on Lam Research from $225.00 to $265.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Citic Securities raised their price objective on Lam Research from $165.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 30th. Oppenheimer restated an “outperform” rating and set a $265.00 target price on shares of Lam Research in a report on Thursday, January 29th. UBS Group set a $300.00 target price on shares of Lam Research in a research report on Thursday, January 29th. Finally, Summit Insights upgraded shares of Lam Research from a “hold” rating to a “buy” rating in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $245.35.

Insider Buying and Selling at Lam Research

In other Lam Research news, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total value of $11,214,269.71. Following the completion of the transaction, the chief financial officer directly owned 1,081,705 shares of the company’s stock, valued at approximately $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Ava Harter sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $222.66, for a total transaction of $333,990.00. Following the completion of the transaction, the insider owned 53,205 shares in the company, valued at approximately $11,846,625.30. This represents a 2.74% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 130,886 shares of company stock worth $29,658,802. 0.31% of the stock is owned by corporate insiders.

Lam Research Stock Down 0.1%

Shares of NASDAQ:LRCX opened at $211.41 on Friday. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. The stock has a fifty day simple moving average of $227.81 and a two-hundred day simple moving average of $181.35. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $256.68. The stock has a market capitalization of $264.00 billion, a price-to-earnings ratio of 43.32, a PEG ratio of 2.28 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The firm had revenue of $5.34 billion for the quarter, compared to analysts’ expectations of $5.23 billion. During the same period in the prior year, the firm posted $0.91 earnings per share. The company’s quarterly revenue was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, research analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Wednesday, March 4th. Lam Research’s dividend payout ratio (DPR) is currently 21.31%.

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.