Lam Research Corporation $LRCX Stock Sold by Central Bank & Trust Co.

Central Bank & Trust Co. reduced its stake in Lam Research Corporation (NASDAQ:LRCX) by 2.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 67,641 shares of the semiconductor company’s stock after selling 1,920 shares during the period. Lam Research comprises 3.4% of Central Bank & Trust Co.’s holdings, making the stock its 4th largest position. Central Bank & Trust Co.’s holdings in Lam Research were worth $22,221,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Paladin Partners LLC bought a new stake in shares of Lam Research in the 2nd quarter worth approximately $26,000. Dakota Community Bank & Trust NA bought a new stake in shares of Lam Research during the 3rd quarter valued at $33,000. Quintet Private Bank Europe S.A. boosted its holdings in shares of Lam Research by 100.0% during the 3rd quarter. Quintet Private Bank Europe S.A. now owns 100 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 50 shares during the last quarter. Bravera Wealth purchased a new stake in Lam Research in the second quarter worth $46,000. Finally, Cedar Mountain Advisors LLC raised its holdings in shares of Lam Research by 242.9% in the first quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 85 shares in the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on LRCX. Morgan Stanley reaffirmed an “overweight” rating and set a $385.00 price target (up from $367.00) on shares of Lam Research in a research report on Monday. Citigroup reiterated a “buy” rating and issued a $450.00 price objective (up from $315.00) on shares of Lam Research in a report on Wednesday, June 17th. Stifel Nicolaus upped their target price on shares of Lam Research from $325.00 to $425.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. UBS Group lowered their price objective on Lam Research from $435.00 to $425.00 and set a “buy” rating for the company in a research report on Tuesday, September 1st. Finally, TD Cowen reaffirmed a “buy” rating and set a $400.00 price target (up from $340.00) on shares of Lam Research in a research report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $364.59.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Lam Research is highlighted as a long-term investment candidate because it supplies essential semiconductor-manufacturing equipment and is positioned to benefit from sustained spending on artificial intelligence, advanced chips and wafer-fabrication capacity. Why Lam Research Is a Top Stock for the Long-Term
• Positive Sentiment: Recent commentary points to strong historical shareholder returns and argues that investors who remained invested through several severe drawdowns were rewarded over time. This supports the long-term thesis, though it also underscores LRCX’s high volatility. Lam Research Historical Returns and Volatility
• Positive Sentiment: Lam Research is included among chip stocks with dependable earnings and durable growth potential as AI-related semiconductor demand expands. Its latest reported quarter also exceeded analyst expectations for revenue and earnings, providing fundamental support. Top Chip Stocks to Ride the AI Boom
• Neutral Sentiment: LRCX has attracted unusually high investor attention and is described as an AI-related stock with strong returns and profitability. These articles are mainly educational and do not introduce a new earnings estimate, contract or corporate announcement. Lam Research Trending Stock Analysis
• Negative Sentiment: Lam Research recently underperformed the broader market, with coverage noting a decline of roughly 2.7% in the latest session. The move appears consistent with short-term market pressure and profit-taking rather than a deterioration in reported fundamentals. Lam Research Falls More Than the General Market
• Negative Sentiment: After a substantial year-to-date advance, LRCX remains vulnerable to volatility and valuation-related selling. Its elevated valuation means investors may demand continued strong growth to support the share price.

Insider Buying and Selling

In other Lam Research news, insider Ava Harter sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $302.46, for a total value of $1,512,300.00. Following the sale, the insider owned 42,462 shares of the company’s stock, valued at $12,843,056.52. This trade represents a 10.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the business’s stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $335.00, for a total transaction of $6,124,470.00. Following the transaction, the director owned 87,142 shares in the company, valued at approximately $29,192,570. The trade was a 17.34% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 32,839 shares of company stock valued at $10,644,740. Corporate insiders own 0.31% of the company’s stock.

Lam Research Stock Down 0.3%

Lam Research stock traded down $1.01 during trading on Friday, reaching $319.58. 2,069,466 shares of the company’s stock were exchanged, compared to its average volume of 10,682,161. Lam Research Corporation has a 52-week low of $131.02 and a 52-week high of $438.50. The firm has a market cap of $399.93 billion, a price-to-earnings ratio of 55.51, a PEG ratio of 1.31 and a beta of 1.85. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63. The company’s 50-day moving average is $310.47 and its two-hundred day moving average is $305.77.

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

Lam Research Increases Dividend

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

About Lam Research

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.