Roundview Capital LLC Takes $489,000 Position in Lam Research Corporation $LRCX

Roundview Capital LLC purchased a new stake in Lam Research Corporation (NASDAQ:LRCX) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 2,857 shares of the semiconductor company’s stock, valued at approximately $489,000.

Other hedge funds have also modified their holdings of the company. PMV Capital Advisers LLC acquired a new stake in shares of Lam Research in the 4th quarter valued at approximately $25,000. Stance Capital LLC acquired a new stake in shares of Lam Research in the 3rd quarter valued at approximately $26,000. Triumph Capital Management acquired a new stake in shares of Lam Research in the 3rd quarter valued at approximately $27,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of Lam Research in the 2nd quarter valued at approximately $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of Lam Research in the 3rd quarter valued at approximately $40,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Lam Research news, SVP Neil J. Fernandes sold 18,170 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the completion of the transaction, the senior vice president owned 66,129 shares of the company’s stock, valued at approximately $16,872,153.06. The trade was a 21.55% decrease in their ownership of the stock. The sale 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, CFO Douglas R. Bettinger sold 50,057 shares of the company’s stock in a transaction that occurred on 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 $242,334,371.15. This represents a 4.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 120,066 shares of company stock valued at $27,953,242 over the last quarter. 0.31% of the stock is owned by company insiders.

Lam Research Price Performance

Shares of LRCX opened at $318.93 on Thursday. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. The company’s fifty day simple moving average is $260.18 and its 200 day simple moving average is $218.99. Lam Research Corporation has a 1-year low of $79.49 and a 1-year high of $333.33. The company has a market cap of $398.84 billion, a price-to-earnings ratio of 60.18, a PEG ratio of 2.67 and a beta of 1.81.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. The firm had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The company’s revenue for the quarter was up 23.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, research analysts forecast that Lam Research Corporation will post 5.67 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, June 17th. This represents a $1.04 annualized dividend and a yield of 0.3%. Lam Research’s dividend payout ratio is currently 19.62%.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Weiss Ratings downgraded shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, May 14th. Stifel Nicolaus increased their price target on shares of Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. New Street Research increased their price target on shares of Lam Research from $235.00 to $280.00 and gave the company a “neutral” rating in a research report on Monday, April 27th. JPMorgan Chase & Co. increased their price target on shares of Lam Research from $300.00 to $315.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. Finally, Barclays set a $275.00 price target on shares of Lam Research and gave the company an “equal weight” rating in a research report on Thursday, April 23rd. Twenty-seven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $295.07.

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.