Lam Research Corporation $LRCX Stock Sold by Gradient Investments LLC

Gradient Investments LLC reduced its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 6.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 141,039 shares of the semiconductor company’s stock after selling 9,128 shares during the period. Gradient Investments LLC’s holdings in Lam Research were worth $46,333,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in LRCX. Avidian Wealth Enterprises LLC boosted its position in Lam Research by 0.3% during the third quarter. Avidian Wealth Enterprises LLC now owns 46,029 shares of the semiconductor company’s stock valued at $15,121,000 after buying an additional 123 shares during the period. Valeo Financial Advisors LLC boosted its holdings in Lam Research by 8.1% during the 3rd quarter. Valeo Financial Advisors LLC now owns 11,195 shares of the semiconductor company’s stock valued at $3,678,000 after acquiring an additional 838 shares during the period. Veracity Capital LLC grew its position in Lam Research by 1.8% during the 3rd quarter. Veracity Capital LLC now owns 4,296 shares of the semiconductor company’s stock worth $1,411,000 after acquiring an additional 77 shares during the last quarter. Burr Financial Services LLC increased its stake in Lam Research by 27.2% in the 3rd quarter. Burr Financial Services LLC now owns 8,330 shares of the semiconductor company’s stock worth $2,736,000 after purchasing an additional 1,780 shares during the period. Finally, New Covenant Trust Company N.A. lifted its position in Lam Research by 8.7% in the third quarter. New Covenant Trust Company N.A. now owns 1,532 shares of the semiconductor company’s stock valued at $503,000 after purchasing an additional 122 shares during the last quarter. 84.61% of the stock is owned by hedge funds and other institutional investors.

Lam Research Stock Down 3.7%

Shares of NASDAQ LRCX traded down $12.04 on Thursday, reaching $317.47. 3,683,911 shares of the company’s stock traded hands, compared to its average volume of 10,696,479. The business’s 50 day simple moving average is $310.02 and its two-hundred day simple moving average is $305.12. Lam Research Corporation has a 12 month low of $131.02 and a 12 month high of $438.50. The company has a market cap of $397.29 billion, a price-to-earnings ratio of 55.28, a price-to-earnings-growth ratio of 1.32 and a beta of 1.85. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.30.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.13. Lam Research had a return on equity of 67.60% and a net margin of 31.27%.The company had revenue of $6.72 billion during the quarter, compared to analyst estimates of $6.66 billion. During the same quarter last year, the company earned $1.33 EPS. The firm’s revenue for the quarter was up 30.0% on a year-over-year basis. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, equities research analysts forecast that Lam Research Corporation will post 9.34 EPS for the current fiscal year.

Lam Research Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd will be issued a dividend of $0.33 per share. The ex-dividend date is Wednesday, September 23rd. This is a positive change from Lam Research’s previous quarterly dividend of $0.26. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.4%. Lam Research’s dividend payout ratio is currently 22.92%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Fundamental Research set a $390.00 target price on shares of Lam Research in a report on Thursday, October 1st. HSBC reissued a “hold” rating and set a $333.00 price target on shares of Lam Research in a research report on Monday, July 27th. TD Cowen reissued a “buy” rating and issued a $400.00 target price (up from $340.00) on shares of Lam Research in a research note on Thursday, July 9th. B. Riley Financial raised their price target on Lam Research from $350.00 to $390.00 and gave the stock a “buy” rating in a research note on Thursday, October 1st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $320.00 price target on shares of Lam Research in a report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $364.59.

More Lam Research News

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

• Positive Sentiment: Lam Research is benefiting from continued investment in AI chips, advanced packaging and high-bandwidth memory (HBM), which is increasing demand for the company’s wafer-fabrication equipment. The stock is reportedly up about 73% this year and ranks highly among stocks with strong return on equity. Is Lam Research a Smart AI Stock Pick for Long-Term Investors?
• Positive Sentiment: Recent analysis continues to highlight Lam’s earnings growth, improving margins and consistent profitability. Its latest reported quarter exceeded consensus expectations, with revenue rising 30% year over year and EPS surpassing estimates, reinforcing the bullish fundamental case.
• Positive Sentiment: Zacks included Lam Research among chip stocks with dependable earnings that could benefit from the AI boom, alongside NVIDIA, Applied Materials and TSMC. This keeps LRCX prominent among investors seeking semiconductor exposure. 4 Top Chip Stocks With Dependable Earnings to Ride the AI Boom
• Neutral Sentiment: Lam Research is one of the most-watched stocks on Zacks, but the “trending stock” coverage reflects investor interest rather than a new company announcement or earnings catalyst. Lam Research Is a Trending Stock
• Negative Sentiment: Valuation remains the main risk. Analysts note that Lam trades at a premium to KLA relative to trailing free cash flow, so continued gains may require sustained AI-driven growth and execution. A modest premarket decline in Europe also points to some near-term caution. Lam Research vs. KLA
• Neutral Sentiment: One article references an abdominoplasty clinical trial while attributing it to Lam Research, which appears unrelated to the semiconductor-equipment company and should not be treated as relevant investment news.

Insider Activity

In related news, Director Abhijit Talwalkar sold 18,282 shares of the business’s stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of $335.00, for a total value of $6,124,470.00. Following the completion of the transaction, the director directly owned 87,142 shares in the company, valued at $29,192,570. The trade was a 17.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 9,557 shares of the company’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total value of $3,007,970.18. Following the completion of the transaction, the director directly owned 20,995 shares in the company, valued at $6,607,966.30. This trade represents a 31.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 32,839 shares of company stock worth $10,644,740 over the last 90 days. 0.31% of the stock is currently owned by insiders.

Lam Research Company Profile

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.