Key Points
- Director Eric Brandt sold 35,000 shares on Feb. 6 at an average price of $225.60 for ~$7.896 million, cutting his stake by 12.12% to 253,705 shares (SEC filing).
- Lam beat expectations in its Jan. 28 quarter with $1.27 EPS vs. $1.17 est. and $5.34B revenue (up 22.1% YoY), set Q3 2026 EPS guidance of 1.25–1.45, and has seen several analysts raise price targets (Citigroup to $300, Bernstein to $285).
- The company announced a quarterly dividend of $0.26 (annualized $1.04, ~0.5% yield) and shows strong institutional backing (institutions own ~84.6%), while the stock trades near its recent highs (52‑week high $251.87) with valuation metrics like a P/E of ~47 and market cap ~$286B.
Lam Research Corporation (NASDAQ:LRCX - Get Free Report) Director Eric Brandt sold 35,000 shares of Lam Research stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the completion of the sale, the director owned 253,705 shares of the company's stock, valued at approximately $57,235,848. The trade was a 12.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Lam Research Price Performance
Lam Research stock opened at $229.28 on Tuesday. The stock has a market capitalization of $286.32 billion, a price-to-earnings ratio of 46.98, a PEG ratio of 2.49 and a beta of 1.78. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $251.87. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26. The stock's 50 day moving average price is $195.87 and its two-hundred day moving average price is $151.97.
Lam Research (NASDAQ:LRCX - Get Free Report) last released its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.17 by $0.10. The company had revenue of $5.34 billion for the quarter, compared to the consensus estimate of $5.23 billion. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. Lam Research's quarterly revenue was up 22.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, equities analysts predict that Lam Research Corporation will post 3.71 earnings per share for the current year.
Lam Research Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Wednesday, March 4th. Lam Research's dividend payout ratio is 21.31%.
Trending Headlines about Lam Research
Here are the key news stories impacting Lam Research this week:
- Positive Sentiment: Sanford C. Bernstein raised its price target to $285 and kept an "outperform" rating, signaling continued analyst confidence in LRCX's growth runway. Bernstein Adjusts Price Target on Lam Research
- Positive Sentiment: Another outlet raised Lam's price target to $265, reinforcing upward analyst revisions that can support valuation. Price Target Raised to $265
- Positive Sentiment: Lam announced a dividend that drove an earlier ~8% stock pop, showing management willingness to return capital and boosting near‑term investor sentiment. Dividend Announcement Lifted Stock
- Positive Sentiment: Industry commentary (Zacks, The Motley Fool) highlights strong secular demand for AI, ML and memory chips — a tailwind for Lam's wafer‑fabrication equipment business and revenue visibility. 3 Stocks to Buy From the Prospering Semiconductor Industry This Growth Stock Continues to Crush the Market
- Neutral Sentiment: Technically, LRCX crossed above its 20‑day moving average, a short‑term bullish signal that may attract momentum traders. 20-Day Moving Average Crossover
- Negative Sentiment: A leadership shift and a strategic alliance with CEA‑Leti prompted an analysis questioning whether some of Lam's recent multiple expansion is justified, raising short‑term valuation concerns. Leadership Shift And CEA Leti Alliance Spark Valuation Questions
- Negative Sentiment: Director Eric Brandt sold 35,000 shares (~$7.9M) last week, materially reducing his stake; insider sales can spook investors even if not unusual. Director Eric Brandt Form 4
- Negative Sentiment: Unusual options flow: ~85,762 put contracts were bought (≈+112% vs. average), indicating elevated downside hedging or bearish positioning by some traders.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on LRCX. Citigroup upped their price target on Lam Research from $265.00 to $300.00 and gave the stock a "buy" rating in a research note on Thursday, January 29th. Sanford C. Bernstein upped their target price on Lam Research from $275.00 to $285.00 and gave the stock an "outperform" rating in a research report on Monday. Zacks Research raised shares of Lam Research from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 20th. KeyCorp restated a "sector weight" rating on shares of Lam Research in a research note on Thursday, January 29th. Finally, Summit Insights raised shares of Lam Research from a "hold" rating to a "buy" rating in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $244.88.
Check Out Our Latest Stock Analysis on Lam Research
Institutional Trading of Lam Research
Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Lam Research by 0.3% during the third quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company's stock worth $17,537,447,000 after purchasing an additional 364,949 shares during the last quarter. State Street Corp lifted its position in shares of Lam Research by 0.4% during the 3rd quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company's stock worth $8,024,684,000 after buying an additional 265,805 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Lam Research by 14.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company's stock worth $3,954,188,000 after buying an additional 5,102,589 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Lam Research by 3.5% in the second quarter. Geode Capital Management LLC now owns 33,802,736 shares of the semiconductor company's stock valued at $3,280,484,000 after acquiring an additional 1,135,405 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Lam Research by 18.2% in the third quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company's stock valued at $2,836,397,000 after acquiring an additional 3,263,658 shares in the last quarter. Institutional investors own 84.61% of the company's stock.
Lam Research Company Profile
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
