Bethany Mayer Sells 9,557 Shares of Lam Research (NASDAQ:LRCX) Stock

Lam Research Corporation (NASDAQ:LRCX) Director Bethany Mayer sold 9,557 shares of the company’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total transaction 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 position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Lam Research Stock Up 0.1%

NASDAQ LRCX opened at $298.22 on Friday. The stock has a 50 day moving average price of $313.37 and a 200-day moving average price of $293.82. Lam Research Corporation has a one year low of $115.88 and a one year high of $438.50. 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 has a market capitalization of $373.17 billion, a P/E ratio of 51.77, a P/E/G ratio of 1.18 and a beta of 1.85.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.13. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The company had revenue of $6.72 billion for the quarter, compared to the consensus estimate of $6.66 billion. During the same quarter in the prior year, the firm earned $1.33 earnings per share. Lam Research’s revenue 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 analysts predict that Lam Research Corporation will post 9.33 EPS for the current fiscal year.

Lam Research Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 23rd will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is 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 yield of 0.4%. Lam Research’s payout ratio is presently 18.06%.

Hedge Funds Weigh In On Lam Research

A number of large investors have recently bought and sold shares of the business. Bayban bought a new stake in shares of Lam Research during the fourth quarter worth $26,000. Vermillion Wealth Management Inc. bought a new position in shares of Lam Research in the first quarter worth about $26,000. Cedar Mountain Advisors LLC grew 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 worth $26,000 after purchasing an additional 85 shares during the last quarter. Paladin Partners LLC purchased a new position in Lam Research in the 2nd quarter worth about $26,000. Finally, Mcguire Capital Advisors Inc. purchased a new position in Lam Research in the 4th quarter worth about $27,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on LRCX. Cantor Fitzgerald set a $500.00 target price on Lam Research and gave the company an “overweight” rating in a research report on Monday, June 29th. Raymond James Financial set a $425.00 price objective on shares of Lam Research in a research note on Wednesday, June 10th. Stifel Nicolaus boosted their price objective on shares of Lam Research from $325.00 to $425.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Citigroup reissued a “buy” rating and issued a $450.00 target price (up from $315.00) on shares of Lam Research in a research note on Wednesday, June 17th. Finally, Morgan Stanley lowered their target price on shares of Lam Research from $404.00 to $367.00 and set an “overweight” rating for the company in a report on Thursday, July 30th. One equities research 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. Based on data from MarketBeat, Lam Research presently has an average rating of “Moderate Buy” and a consensus price target of $361.81.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Industry forecasts remain favorable for Lam Research. Global wafer-fabrication-equipment spending is expected to rise 16.9% to $135.2 billion in 2026, while stronger DRAM, NAND and high-bandwidth-memory investment tied to artificial-intelligence infrastructure could particularly benefit Lam’s memory-focused equipment business. 3 Chip Equipment Stocks Set to Win the Memory Boom
• Positive Sentiment: Lam Research returned approximately $5.12 billion to shareholders in fiscal 2026 through share repurchases and dividends. Its 27% dividend increase, strong earnings growth and wide competitive moat provide longer-term support for the stock. Lam Research Returns $5B+ to Shareholders in FY26
• Positive Sentiment: The company’s latest quarterly results exceeded consensus expectations, with earnings of $1.82 per share and revenue of $6.72 billion. Revenue increased 30% year over year, and management’s fiscal first-quarter 2027 earnings guidance indicates continued growth potential.
• Neutral Sentiment: Lam Research’s presentation at the Goldman Sachs Communacopia + Technology Conference may provide investors with additional commentary on memory demand, artificial-intelligence-related capacity expansion and the equipment cycle, but no major new financial announcement was reported.
• Neutral Sentiment: Reported short interest was zero shares with zero days to cover. The figures appear potentially unreliable and do not indicate meaningful short-selling pressure.
• Negative Sentiment: Director Bethany Mayer sold 9,557 shares for about $3.0 million, reducing her direct ownership by 31.28%. Although one insider sale does not establish a fundamental problem, it may weigh modestly on sentiment. SEC insider transaction filing
• Negative Sentiment: The recent decline has pushed LRCX below its 50-day moving average of approximately $314.44, while its price-to-earnings ratio near 52 leaves the stock vulnerable to profit-taking when semiconductor or macroeconomic sentiment weakens.

About Lam Research

Lam Research Corporation is a semiconductor equipment company that develops and manufactures systems used in the fabrication of integrated circuits. Its equipment supports key wafer-processing steps, including deposition, etch, wafer cleaning, and related processes used to create and connect the microscopic features found on semiconductor devices.

The company serves semiconductor manufacturers producing a range of products, including memory, logic, and specialty chips. In addition to manufacturing equipment, Lam Research provides installation, maintenance, spare parts, upgrades, technical support, and other services intended to help customers operate and improve their fabrication facilities.

Founded in 1980, Lam Research is headquartered in Fremont, California, and serves customers through a global network of offices, engineering facilities, and support operations.