Lam Research Corporation $LRCX Shares Sold by ORBA Wealth Advisors L.L.C.

ORBA Wealth Advisors L.L.C. lowered its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 48.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,610 shares of the semiconductor company’s stock after selling 2,495 shares during the period. ORBA Wealth Advisors L.L.C.’s holdings in Lam Research were worth $857,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of LRCX. Cedar Mountain Advisors LLC grew its position in shares of Lam Research by 242.9% in the 1st quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock worth $26,000 after buying an additional 85 shares during the period. Paladin Partners LLC purchased a new position in Lam Research during the 2nd quarter valued at about $26,000. Quintet Private Bank Europe S.A. lifted its position in 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 acquiring an additional 50 shares during the period. Dakota Community Bank & Trust NA purchased a new position in Lam Research during the 3rd quarter valued at about $33,000. Finally, Pin Oak Investment Advisors Inc. purchased a new position in Lam Research during the 2nd quarter valued at about $35,000. Institutional investors own 84.61% of the company’s stock.

Insider Buying and Selling at Lam Research

In other Lam Research news, Director Bethany Mayer sold 9,557 shares of the stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total value of $3,007,970.18. Following the transaction, the director owned 20,995 shares of the company’s stock, valued at approximately $6,607,966.30. This represents a 31.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ava Harter sold 5,000 shares of the stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $302.46, for a total value of $1,512,300.00. Following the completion of the transaction, the insider directly owned 42,462 shares in the company, valued at approximately $12,843,056.52. This represents a 10.53% decrease in their position. 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. Insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

LRCX has been the topic of several research reports. TD Cowen reissued a “buy” rating and set a $400.00 price objective (up from $340.00) on shares of Lam Research in a research note on Thursday, July 9th. Evercore set a $315.00 target price on shares of Lam Research in a research note on Tuesday. Cantor Fitzgerald set a $500.00 target price on shares of Lam Research and gave the company an “overweight” rating in a research note on Monday, June 29th. Jefferies Financial Group set a $335.00 target price on shares of Lam Research and gave the company a “buy” rating in a report on Thursday, July 30th. Finally, B. Riley Financial boosted their price target on Lam Research from $350.00 to $390.00 and gave the stock a “buy” rating in a research report on Thursday, October 1st. Twenty-six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $354.55.

Lam Research Stock Down 0.0%

NASDAQ:LRCX opened at $230.10 on Friday. The firm has a market cap of $287.95 billion, a P/E ratio of 34.29, a P/E/G ratio of 0.83 and a beta of 1.85. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.91 and a current ratio of 2.48. Lam Research Corporation has a fifty-two week low of $135.50 and a fifty-two week high of $438.50. The firm has a 50-day simple moving average of $301.90 and a two-hundred day simple moving average of $309.32.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, October 21st. The semiconductor company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.18 by $0.02. The business had revenue of $8.22 billion for the quarter, compared to analysts’ expectations of $8.14 billion. Lam Research had a return on equity of 72.15% and a net margin of 32.34%. The firm’s quarterly revenue was up 54.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.26 EPS. Analysts predict that Lam Research Corporation will post 9.48 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd were issued a $0.33 dividend. The ex-dividend date of this dividend was Wednesday, September 23rd. This is an increase from Lam Research’s previous quarterly dividend of $0.26. This represents a $1.32 annualized dividend and a dividend yield of 0.6%. Lam Research’s dividend payout ratio is presently 19.67%.

Trending Headlines about Lam Research

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

• Positive Sentiment: Record results and strong profitability: Fiscal first-quarter revenue rose 54.4% year over year to $8.22 billion, exceeding estimates, while adjusted EPS of $2.20 also beat forecasts. Operating margin topped 40% for the first time, supported by strong systems sales, memory demand and record foundry revenue. Lam Research Q1 Earnings Beat on Systems Sales and Margin Gains
• Positive Sentiment: Long-term AI and memory demand remains supportive: Lam expects wafer-fabrication-equipment spending to exceed $200 billion in 2027, driven by AI infrastructure, memory upgrades and advanced manufacturing. Customer Support revenue is expected to grow more than 30%, while Aether dry-resist revenue is projected to reach $2.5 billion cumulatively. LRCX Q1 Earnings Call Highlights
• Positive Sentiment: Some analysts remain bullish: Mizuho reiterated an Outperform rating and recommended buying the pullback, while Bank of America maintained a Buy rating. Erste Group also modestly increased its FY2027 and FY2028 EPS estimates. Mizuho recommends buying the pullback
• Neutral Sentiment: Guidance was broadly in line but leaves limited room for disappointment: Fiscal second-quarter revenue guidance of $8.2 billion-$9.0 billion and EPS guidance of $2.18-$2.48 bracket consensus estimates of $8.5 billion and $2.30, respectively. Mizuho trimmed its price target to $360 from $365, signaling continued upside but greater near-term caution.
• Negative Sentiment: Supply bottlenecks are limiting shipments: Component shortages and cleanroom capacity constraints could restrict equipment deliveries through 2027, preventing Lam from fully converting strong demand into revenue. Lam Research says supply bottlenecks are holding back revenue
• Negative Sentiment: China exposure and sector pressure are weighing on sentiment: China’s revenue contribution is expected to decline substantially from 35% in the September quarter. Citi warned of additional downside for Lam and peers, while a broad AI-chip sell-off amplified concerns about valuations and spending.

Lam Research Company Profile

Lam Research Corporation (NASDAQ:LRCX) is a semiconductor equipment company that develops and manufactures systems used to fabricate integrated circuits. Its technologies support key stages of wafer processing, helping semiconductor manufacturers create the increasingly complex structures found in memory, logic and other types of chips.

The company’s product portfolio includes etch systems, which selectively remove materials from wafers; deposition systems, which apply thin films; and cleaning solutions used to remove contaminants and residue during manufacturing.