Key Points
- Lam Research insider Ava Harter sold 5,000 shares for approximately $1.51 million at an average price of $302.46, reducing her holdings by 10.53% to 42,462 shares. The transaction was conducted under a pre-arranged Rule 10b5-1 plan.
- Lam Research reported quarterly EPS of $1.82 and revenue of $6.72 billion, beating analyst estimates, while revenue grew 30% year over year. The company also raised its quarterly dividend from $0.26 to $0.33 per share.
- Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $358.97, despite some recent target reductions and concerns about valuation and semiconductor-market pressures.
Lam Research Corporation (NASDAQ:LRCX - Get Free Report) insider Ava Harter sold 5,000 shares of the business's stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the completion of the sale, the insider owned 42,462 shares in the company, valued at $12,843,056.52. The trade was a 10.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Lam Research Price Performance
Shares of NASDAQ:LRCX opened at $290.20 on Wednesday. The company has a market capitalization of $363.13 billion, a PE ratio of 50.38, a price-to-earnings-growth ratio of 1.20 and a beta of 1.85. 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 stock has a fifty day moving average of $326.64 and a 200-day moving average of $290.48. Lam Research Corporation has a one year low of $94.11 and a one year high of $438.50.
Lam Research (NASDAQ:LRCX - Get Free Report) last announced its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, beating the consensus estimate of $1.69 by $0.13. The business had revenue of $6.72 billion during the quarter, compared to the consensus estimate of $6.66 billion. Lam Research had a return on equity of 67.60% and a net margin of 31.27%.Lam Research's revenue was up 30.0% compared to the same quarter last year. During the same period in the prior year, the business posted $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, equities analysts anticipate that Lam Research Corporation will post 9.33 EPS for the current fiscal year.
Lam Research Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 23rd will be issued a $0.33 dividend. The ex-dividend date is Wednesday, September 23rd. This is a positive change from Lam Research's previous quarterly dividend of $0.26. This represents a $1.32 annualized dividend and a dividend yield of 0.5%. Lam Research's dividend payout ratio is 18.06%.
Institutional Investors Weigh In On Lam Research
Hedge funds and other institutional investors have recently made changes to their positions in the company. Paladin Partners LLC bought a new stake in Lam Research in the second quarter valued at about $26,000. Bravera Wealth bought a new stake in Lam Research in the second quarter valued at approximately $46,000. Cedar Mountain Advisors LLC raised its holdings in 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 period. Comprehensive Financial Planning Inc. PA acquired a new stake in Lam Research in the second quarter worth $52,000. Finally, Vermillion Wealth Management Inc. bought a new position in shares of Lam Research during the first quarter worth $26,000. 84.61% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
LRCX has been the subject of a number of recent analyst reports. UBS Group decreased their price objective on shares of Lam Research from $435.00 to $425.00 and set a "buy" rating for the company in a research note on Tuesday. Barclays restated an "overweight" rating and issued a $335.00 target price (up from $275.00) on shares of Lam Research in a report on Thursday, June 11th. Morgan Stanley reduced their price target on shares of Lam Research from $404.00 to $367.00 and set an "overweight" rating for the company in a research report on Thursday, July 30th. B. Riley Financial lowered their price objective on shares of Lam Research from $385.00 to $350.00 and set a "buy" rating on the stock in a research report on Thursday, July 30th. Finally, Wall Street Zen lowered shares of Lam Research from a "buy" rating to a "hold" rating in a research note on Sunday, May 10th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $358.97.
Get Our Latest Stock Analysis on Lam Research
Lam Research News Summary
Here are the key news stories impacting Lam Research this week:
- Positive Sentiment: UBS maintained a Buy rating and set a $425 price target, down from $435 but still implying substantial potential upside. The target reflects continued confidence in Lam’s semiconductor-equipment opportunity. UBS price-target article
- Positive Sentiment: Recent coverage highlights strong semiconductor demand, AI infrastructure investment and Lam’s earnings momentum. The company recently exceeded quarterly earnings and revenue expectations, while revenue increased year over year; it also raised its dividend by 27%. Dividend increase article
- Neutral Sentiment: Analysts and investor commentary remain divided: some view the recent pullback as a buying opportunity, while others caution that Lam’s valuation and exposure to China could limit near-term returns. Lam Research pullback analysis
- Negative Sentiment: A global bond selloff pushed long-term yields higher, pressuring high-multiple semiconductor stocks. Higher yields can raise corporate financing costs and reduce the present value investors assign to future growth. Semiconductor sector selloff article
- Negative Sentiment: An insider sold 5,000 shares worth approximately $1.5 million. The transaction was made under a pre-arranged Rule 10b5-1 plan, which reduces its signaling value, but it still adds to short-term selling pressure. SEC insider-sale filing
- Negative Sentiment: Crude oil’s surge and higher benchmark Treasury yields revived inflation concerns, reinforcing worries that interest rates may remain restrictive for longer and weighing on LRCX alongside other semiconductor stocks. Market selloff article
About Lam Research
(
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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