Resources Management Corp CT ADV Sells 2,429 Shares of Lam Research Corporation $LRCX

Resources Management Corp CT ADV reduced its position in Lam Research Corporation (NASDAQ:LRCX) by 8.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,652 shares of the semiconductor company’s stock after selling 2,429 shares during the quarter. Resources Management Corp CT ADV’s holdings in Lam Research were worth $4,733,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. South Plains Financial Inc. bought a new position in shares of Lam Research in the fourth quarter worth approximately $119,000. Motiv8 Investments LLC bought a new position in shares of Lam Research in the fourth quarter worth approximately $101,000. Nicholas Investment Partners LP boosted its position in shares of Lam Research by 14.3% in the fourth quarter. Nicholas Investment Partners LP now owns 11,544 shares of the semiconductor company’s stock worth $1,976,000 after purchasing an additional 1,440 shares during the period. Focus Partners Wealth boosted its position in shares of Lam Research by 355.2% in the fourth quarter. Focus Partners Wealth now owns 2,046,824 shares of the semiconductor company’s stock worth $343,351,000 after purchasing an additional 1,597,187 shares during the period. Finally, Fortitude Advisory Group L.L.C. bought a new position in shares of Lam Research in the fourth quarter worth approximately $252,000. 84.61% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Lam Research news, insider Ava Harter sold 6,010 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the sale, the insider directly owned 53,205 shares in the company, valued at $13,762,005.30. This represents a 10.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Neil J. Fernandes sold 7,659 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $309.60, for a total value of $2,371,226.40. Following the sale, the senior vice president owned 58,470 shares in the company, valued at approximately $18,102,312. This trade represents a 11.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 31,839 shares of company stock worth $8,561,667. Company insiders own 0.31% of the company’s stock.

Lam Research Price Performance

LRCX stock opened at $366.81 on Monday. Lam Research Corporation has a 52 week low of $87.75 and a 52 week high of $373.82. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. The company has a fifty day simple moving average of $286.10 and a two-hundred day simple moving average of $234.16. The firm has a market capitalization of $458.72 billion, a P/E ratio of 69.21, a price-to-earnings-growth ratio of 3.02 and a beta of 1.85.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating the consensus estimate of $1.36 by $0.11. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The business had revenue of $5.84 billion during the quarter, compared to analyst estimates of $5.70 billion. During the same quarter last year, the business earned $1.04 earnings per share. Lam Research’s quarterly revenue was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Analysts anticipate that Lam Research Corporation will post 5.7 earnings per share for the current fiscal year.

Lam Research Announces Dividend

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

Key Lam Research News

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

• Positive Sentiment: Lam Research is benefiting from renewed optimism around wafer-fab equipment demand, with management recently raising its 2026 WFE market forecast to $140 billion and analysts lifting price targets on expectations that AI-driven chip investment will stay strong. Article Title
• Positive Sentiment: Recent coverage highlighted Lam Research as a core beneficiary of the AI infrastructure boom, with Barclays reiterating constructive views on chip-equipment names and investors focusing on ongoing spending for new semiconductor supply. Article Title
• Positive Sentiment: Lam Research’s recent earnings outperformance and upbeat guidance continue to support the bullish case, with the company beating estimates and projecting stronger revenue momentum into upcoming quarters. Article Title
• Neutral Sentiment: Some recent pieces focus on valuation after the AI-driven rally, suggesting investors are now weighing how much upside is already priced in after a sharp run-up. Article Title
• Negative Sentiment: Broader semiconductor stocks have remained volatile, and one recent session saw LRCX fall more steeply than the market, showing that the stock can still be pressured by sector-wide AI and macro swings. Article Title

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on LRCX shares. Morgan Stanley upgraded shares of Lam Research from an “underweight” rating to an “overweight” rating and upped their price target for the stock from $293.00 to $331.00 in a research report on Monday, May 18th. Jefferies Financial Group upped their price target on shares of Lam Research from $285.00 to $315.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Oppenheimer reiterated an “outperform” rating and issued a $330.00 price target on shares of Lam Research in a research report on Thursday, April 23rd. JPMorgan Chase & Co. upped their target price on shares of Lam Research from $300.00 to $315.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Finally, Susquehanna upped their target price on shares of Lam Research from $350.00 to $385.00 and gave the stock a “positive” rating in a research report on Thursday, April 23rd. Twenty-eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, Lam Research currently has a consensus rating of “Moderate Buy” and a consensus target price of $322.01.

About Lam Research

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.