Swiss Life Asset Management Ltd Has $128.65 Million Stake in Lam Research Corporation $LRCX

Swiss Life Asset Management Ltd lifted its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 39.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 751,566 shares of the semiconductor company’s stock after purchasing an additional 210,753 shares during the period. Lam Research accounts for 0.7% of Swiss Life Asset Management Ltd’s holdings, making the stock its 23rd biggest position. Swiss Life Asset Management Ltd’s holdings in Lam Research were worth $128,653,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. PMV Capital Advisers LLC acquired a new position in shares of Lam Research during the fourth quarter worth approximately $25,000. Stance Capital LLC acquired a new position in shares of Lam Research during the third quarter worth approximately $26,000. Triumph Capital Management acquired a new position in shares of Lam Research during the third quarter worth approximately $27,000. Strategic Wealth Investment Group LLC acquired a new position in shares of Lam Research during the second quarter worth approximately $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Lam Research during the third quarter worth approximately $40,000. 84.61% of the stock is owned by institutional investors and hedge funds.

Lam Research Price Performance

Shares of NASDAQ:LRCX opened at $294.05 on Monday. The company has a market capitalization of $367.73 billion, a PE ratio of 55.48, a price-to-earnings-growth ratio of 2.43 and a beta of 1.81. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. The business has a fifty day moving average price of $238.93 and a two-hundred day moving average price of $204.97. Lam Research Corporation has a 1 year low of $74.65 and a 1 year high of $297.99.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data 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. The firm had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The business’s revenue for the quarter was up 23.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Analysts forecast that Lam Research Corporation will post 5.67 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Morgan Stanley upped their target price on Lam Research from $260.00 to $293.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 23rd. UBS Group set a $300.00 target price on Lam Research in a research report on Thursday, January 29th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $320.00 target price on shares of Lam Research in a research report on Thursday, April 23rd. Erste Group Bank downgraded Lam Research from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Finally, Wells Fargo & Company upped their price target on Lam Research from $290.00 to $320.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. Twenty-six equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $285.94.

Insider Buying and Selling at Lam Research

In other Lam Research news, SVP Neil J. Fernandes sold 18,170 shares of the company’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $255.14, for a total value of $4,635,893.80. Following the completion of the transaction, the senior vice president owned 66,129 shares in the company, valued at $16,872,153.06. This represents a 21.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the company’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $258.66, for a total value of $1,554,546.60. Following the completion of the transaction, the insider owned 53,205 shares of the company’s stock, valued at $13,762,005.30. This trade represents a 10.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 120,066 shares of company stock worth $27,953,242 in the last quarter. 0.31% of the stock is currently owned by company insiders.

Lam Research News Summary

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

• Positive Sentiment: B. Riley raised its price target on Lam Research to $350 from $330 and kept a Buy rating, citing strong earnings and solid execution. Why Analysts Are Growing More Confident In Lam Research (LRCX)
• Positive Sentiment: Erste Group Bank lifted FY2027 EPS estimates for Lam Research to $7.88 from $7.74, suggesting analysts see better long-term earnings power. Lam Research stock page
• Positive Sentiment: Recent coverage highlights Lam Research as an AI-fab beneficiary with orders beating expectations, supporting the case for further upside after a sharp rally. Lam Research (LRCX) Is Up 19.5% After AI-Fab Orders Beat Expectations Has The Bull Case Changed?
• Neutral Sentiment: Some commentary notes the stock has already surged dramatically over the past year, which may raise overbought concerns even as Wall Street remains constructive. Lam Research Has Surged 300% in a Year. Wall Street Sees More Gains Still Ahead
• Neutral Sentiment: Investor articles argue the rally may still have room to run, but that view is speculative rather than a direct fundamental update. Why Lam Research Still Looks Like a Buy After a 300% Rally

Lam Research Company 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.