Lam Research Corporation $LRCX Shares Sold by US Bancorp DE

US Bancorp DE lowered its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 2.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 396,690 shares of the semiconductor company’s stock after selling 11,515 shares during the period. US Bancorp DE’s holdings in Lam Research were worth $67,906,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. PMV Capital Advisers LLC acquired a new position in Lam Research during the fourth quarter worth about $25,000. Stance Capital LLC acquired a new position in Lam Research during the third quarter worth about $26,000. Triumph Capital Management acquired a new position in Lam Research during the third quarter worth about $27,000. Strategic Wealth Investment Group LLC acquired a new position in Lam Research during the second quarter worth about $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in Lam Research during the third quarter worth about $40,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Price Performance

Lam Research stock opened at $257.86 on Friday. Lam Research Corporation has a 1 year low of $71.40 and a 1 year high of $275.84. The firm has a 50 day moving average price of $236.37 and a 200 day moving average price of $201.05. The company has a market cap of $322.47 billion, a price-to-earnings ratio of 48.65, a PEG ratio of 2.06 and a beta of 1.78. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The firm had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. During the same period in the previous year, the firm earned $1.04 earnings per share. Lam Research’s revenue was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Sell-side analysts predict that Lam Research Corporation will post 5.68 earnings per share for the current year.

Lam Research Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.4%. The ex-dividend date was Wednesday, March 4th. Lam Research’s payout ratio is currently 19.62%.

Insiders Place Their Bets

In other Lam Research news, insider Ava Harter sold 6,010 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of the sale, the insider directly owned 53,205 shares in the company, valued at $13,762,005.30. The trade was a 10.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Douglas R. Bettinger sold 50,057 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the sale, the chief financial officer owned 1,081,705 shares of the company’s stock, valued at approximately $242,334,371.15. This represents a 4.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 136,896 shares of company stock worth $31,213,349 over the last ninety days. 0.31% of the stock is owned by company insiders.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Q3 results and outlook: Lam beat estimates (reported $1.47 EPS vs. ~$1.36 est.; revenue ~$5.84B) and set Q4 FY2026 EPS guidance of $1.50–$1.80, reinforcing the AI/memory-driven demand narrative that underpins revenue and margin upside. Read More.
• Positive Sentiment: Analyst upgrades and model boosts: Multiple brokerages have raised price targets (Deutsche Bank to $325; New Street and others also lifted targets) and Erste raised FY2027 EPS forecasts, supporting upside expectations and validating the beat-and-raise narrative. Read More.
• Positive Sentiment: Institutional interest: Several funds increased positions recently (Generali, Lingohr, Mediolanum among others), which signals continued institutional conviction behind the AI/memory equipment cycle. Read More.
• Neutral Sentiment: Media / analyst debate: LRCX is a “trending” stock in coverage — pieces highlight long‑term growth potential from AI and memory ramps but caution some near‑term valuation and timing risk given strong recent run‑up. Read More.
• Negative Sentiment: Insider selling: Lam’s Chief Legal Officer Ava Harter sold ~6,010 shares (~$1.55M), a disclosed Form 4 that can spook short‑term traders despite being modest versus float. Read More.
• Negative Sentiment: Sector pullback & geopolitical risk: Broader semiconductor profit‑taking and renewed US‑China AI/geopolitics concerns pressured peers today, creating short‑term volatility risk for LRCX even as fundamentals remain strong. Read More.
• Negative Sentiment: China exposure risk: Notes that Hua Hong-related order activity could change (per bank commentary) introduce downside risk to China-facing revenue if orders are curtailed. Read More.

Wall Street Analysts Forecast Growth

LRCX has been the subject of a number of research reports. Rothschild & Co Redburn lifted their target price on shares of Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Citic Securities lifted their target price on shares of Lam Research from $165.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Jefferies Financial Group boosted their price objective on shares of Lam Research from $285.00 to $315.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Needham & Company LLC reissued a “buy” rating and issued a $300.00 price objective on shares of Lam Research in a research report on Thursday, April 23rd. Finally, Weiss Ratings raised shares of Lam Research from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, April 24th. Twenty-six investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $285.94.

Lam Research Profile

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.