Lam Research Corporation (NASDAQ:LRCX – Get Free Report) insider Ava Harter sold 1,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $222.66, for a total transaction of $333,990.00. Following the completion of the transaction, the insider owned 53,205 shares of the company’s stock, valued at approximately $11,846,625.30. The trade was a 2.74% 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.
Ava Harter also recently made the following trade(s):
- On Monday, March 2nd, Ava Harter sold 4,000 shares of Lam Research stock. The stock was sold at an average price of $232.50, for a total value of $930,000.00.
Lam Research Stock Performance
Shares of NASDAQ:LRCX traded down $11.21 during midday trading on Thursday, reaching $211.78. 5,745,102 shares of the company’s stock traded hands, compared to its average volume of 12,191,867. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26. Lam Research Corporation has a one year low of $56.32 and a one year high of $256.68. The company has a market cap of $264.46 billion, a price-to-earnings ratio of 43.40, a P/E/G ratio of 2.34 and a beta of 1.77. The stock has a 50 day moving average of $219.78 and a 200 day moving average of $167.73.
Lam Research Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be paid a dividend of $0.26 per share. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. Lam Research’s payout ratio is currently 21.31%.
Institutional Trading of Lam Research
Several hedge funds have recently modified their holdings of the company. Lingohr Asset Management GmbH boosted its holdings in shares of Lam Research by 590.7% in the 3rd quarter. Lingohr Asset Management GmbH now owns 59,555 shares of the semiconductor company’s stock worth $7,974,000 after purchasing an additional 50,933 shares during the period. Mediolanum International Funds Ltd increased its position in Lam Research by 52.0% during the third quarter. Mediolanum International Funds Ltd now owns 262,544 shares of the semiconductor company’s stock valued at $34,417,000 after acquiring an additional 89,856 shares during the last quarter. First Citizens Bank & Trust Co. raised its stake in shares of Lam Research by 8.0% in the third quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company’s stock valued at $18,804,000 after acquiring an additional 10,408 shares during the period. Thoroughbred Financial Services LLC boosted its stake in shares of Lam Research by 115.2% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 22,198 shares of the semiconductor company’s stock worth $2,972,000 after purchasing an additional 11,883 shares during the period. Finally, Oregon Public Employees Retirement Fund lifted its stake in Lam Research by 30.9% in the third quarter. Oregon Public Employees Retirement Fund now owns 144,656 shares of the semiconductor company’s stock worth $19,369,000 after purchasing an additional 34,147 shares during the last quarter. 84.61% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several analysts recently issued reports on the stock. Cantor Fitzgerald restated an “overweight” rating and set a $320.00 target price (up from $265.00) on shares of Lam Research in a research report on Thursday, January 29th. Citigroup boosted their price objective on shares of Lam Research from $265.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. B. Riley Financial restated a “buy” rating on shares of Lam Research in a research note on Thursday, January 15th. Bank of America raised their target price on Lam Research from $195.00 to $245.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Finally, Oppenheimer reissued an “outperform” rating and set a $265.00 price target on shares of Lam Research in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $245.19.
Check Out Our Latest Research Report on Lam Research
Key Lam Research News
Here are the key news stories impacting Lam Research this week:
- Positive Sentiment: Wall Street price-targets imply ~25% upside on average, reflecting analyst confidence from recent earnings and estimate revisions. Wall Street Analysts Think Lam Research (LRCX) Could Surge 25.43%
- Positive Sentiment: Lam’s recent financials remain supportive — revenue and EPS beat last quarter and company guidance stays constructive, underpinning bullish analyst calls. Lam Research (LRCX) Exceeds Market Returns
- Positive Sentiment: Operationally positive: Lam opened a Boise office to deepen R&D/manufacturing ties with Micron, reinforcing its role in memory and AI-related tooling demand. Lam Research Boise Expansion Deepens Ties To Micron And AI Memory Demand
- Positive Sentiment: Short-term technicals look bullish: LRCX recently cleared its 50-day moving average and a trading signal preceded an intraday high, which can attract momentum buyers. Lam Research (LRCX) Crossed Above the 50-Day Moving Average Lam Research Shares Hit Intraday High After Key Trading Signal
- Neutral Sentiment: Management presented at the Morgan Stanley TMT conference; the transcript adds color on demand cadence but disclosed no new material guidance that would immediately change the outlook. Morgan Stanley TMT Presentation Transcript
- Neutral Sentiment: Speculative technical/price-target commentary is amplifying attention (and volatility) but does not affect fundamentals — useful for traders, less so for long-term investors. Technical Push Commentary
- Negative Sentiment: Insider selling: the CFO sold ~40,329 shares (~$9.3M) and another insider sold 4,000 shares (~$0.93M) in early March — large contemporaneous sales can trigger short-term selling and concern. CFO Form 4 (SEC)
- Negative Sentiment: Sector/geopolitical drag: a memory & storage selloff tied to Middle East energy‑shock fears pressured LRCX alongside peers, contributing to today’s weakness. Why Lam Research (LRCX) Shares Are Trading Lower Today
- Negative Sentiment: Relative underperformance vs. peers recently can trigger algorithmic/momentum selling into weakness, intensifying intraday declines. MarketWatch Underperformance Note
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.
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