Key Points
- CFO Douglas Bettinger sold 50,057 shares on March 4 at an average price of $224.03 for about $11.21 million, trimming his stake by 4.42% to 1,081,705 shares (≈$242.33M).
- Lam Research recently beat quarterly estimates ( $1.27 EPS vs. $1.17 est., revenue $5.34B, up 22.1% YoY) and set Q3 guidance of $1.25–$1.45 EPS, while analysts' consensus target (~$245) implies roughly 25% upside.
- The stock fell about 2.1% to $210.14 amid lower volume, with investor concern driven by large insider sales and geopolitical/energy risks for customer fabs, even as technicals and fundamentals remain constructive.
Lam Research Corporation (NASDAQ:LRCX - Get Free Report) insider Ava Harter sold 1,500 shares of the company'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 value of $333,990.00. Following the completion of the sale, the insider owned 53,205 shares in the company, valued at approximately $11,846,625.30. This represents a 2.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
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 Price Performance
LRCX traded down $5.99 during trading on Friday, reaching $208.69. 2,709,165 shares of the stock were exchanged, compared to its average volume of 12,078,849. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.61. The company has a market capitalization of $260.61 billion, a price-to-earnings ratio of 42.76, a P/E/G ratio of 2.40 and a beta of 1.77. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $256.68. The business's 50 day moving average price is $220.52 and its two-hundred day moving average price is $168.05.
Lam Research (NASDAQ:LRCX - Get Free Report) last released its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The business had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same quarter in the previous year, the company posted $0.91 EPS. The business's revenue was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, equities research analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current year.
Lam Research Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be issued a $0.26 dividend. This represents a $1.04 annualized dividend 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%.
Analyst Ratings Changes
Several research analysts recently issued reports on LRCX shares. Wells Fargo & Company lifted their price objective on Lam Research from $250.00 to $290.00 and gave the stock an "overweight" rating in a research report on Thursday, January 29th. Jefferies Financial Group reissued a "buy" rating and set a $200.00 price target (up from $175.00) on shares of Lam Research in a research report on Monday, December 15th. Morgan Stanley boosted their price target on Lam Research from $244.00 to $254.00 and gave the stock an "equal weight" rating in a report on Wednesday, February 25th. UBS Group set a $300.00 price objective on Lam Research in a research note on Thursday, January 29th. Finally, Barclays set a $250.00 price objective on Lam Research in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Lam Research currently has a consensus rating of "Moderate Buy" and a consensus target price of $245.19.
Check Out Our Latest Stock Report on Lam Research
Hedge Funds Weigh In On Lam Research
Several large investors have recently added to or reduced their stakes in LRCX. Vanguard Group Inc. increased its stake in shares of Lam Research by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company's stock valued at $17,537,447,000 after acquiring an additional 364,949 shares during the last quarter. State Street Corp boosted its position in shares of Lam Research by 0.4% in the third quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company's stock worth $8,024,684,000 after acquiring an additional 265,805 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Lam Research by 14.4% in the second quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company's stock valued at $3,954,188,000 after purchasing an additional 5,102,589 shares during the period. Geode Capital Management LLC increased its position in Lam Research by 3.5% during the second quarter. Geode Capital Management LLC now owns 33,802,736 shares of the semiconductor company's stock worth $3,280,484,000 after purchasing an additional 1,135,405 shares during the last quarter. Finally, Invesco Ltd. raised its stake in Lam Research by 7.7% during the fourth quarter. Invesco Ltd. now owns 22,821,354 shares of the semiconductor company's stock worth $3,906,559,000 after purchasing an additional 1,638,406 shares during the period. 84.61% of the stock is currently owned by hedge funds and other institutional investors.
More Lam Research News
Here are the key news stories impacting Lam Research this week:
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.
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