Vise Technologies Inc. Boosts Holdings in Lam Research Corporation $LRCX

Vise Technologies Inc. raised its holdings in Lam Research Corporation (NASDAQ:LRCX) by 76.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 60,986 shares of the semiconductor company’s stock after acquiring an additional 26,377 shares during the period. Vise Technologies Inc.’s holdings in Lam Research were worth $10,440,000 as of its most recent filing with the SEC.

Several other hedge funds also recently added to or reduced their stakes in LRCX. Brighton Jones LLC boosted its holdings in Lam Research by 1,032.4% in the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after purchasing an additional 12,936 shares during the last quarter. Caxton Associates LLP purchased a new stake in shares of Lam Research during the 1st quarter worth about $239,000. Gabelli Funds LLC purchased a new stake in shares of Lam Research during the 2nd quarter worth about $253,000. NewEdge Advisors LLC boosted its stake in shares of Lam Research by 2.7% during the 2nd quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock worth $9,785,000 after acquiring an additional 2,661 shares in the last quarter. Finally, Osterweis Capital Management Inc. boosted its stake in shares of Lam Research by 5,206.7% during the 2nd quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock worth $77,000 after acquiring an additional 781 shares in the last quarter. 84.61% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Lam Research news, SVP Neil J. Fernandes sold 18,170 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were 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 of the company’s stock, valued at $16,872,153.06. This trade represents a 21.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the firm’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 transaction, the insider directly owned 53,205 shares of the company’s stock, valued at $13,762,005.30. This represents a 10.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 31,839 shares of company stock valued at $8,561,667 in the last ninety days. 0.31% of the stock is currently owned by corporate insiders.

Key Lam Research News

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

• Positive Sentiment: Analyst and media coverage remains upbeat on Lam Research’s long-term outlook, with recent notes highlighting strong hedge fund/Wall Street support and meaningful upside potential as wafer fab equipment demand improves. What Do Analysts Say About Lam Research (LRCX)’s Earnings Outlook?
• Positive Sentiment: Recent coverage also points to strong cash flow supporting buybacks, with roughly $4.3 billion still authorized for repurchases, which can help support per-share earnings and investor sentiment. Will Strong Cash Flows Support Lam Research’s Buyback Strategy Ahead?
• Positive Sentiment: The company’s recent earnings beat and strong revenue growth continue to reinforce the bull case, especially with AI-related semiconductor spending still supporting demand for chip equipment. Lam Research stock information
• Neutral Sentiment: An insider sale by SVP Neil J. Fernandes was disclosed, but it was executed under a pre-arranged 10b5-1 plan, so it is less likely to be viewed as a negative signal by investors. Lam Research insider trade filing
• Neutral Sentiment: Some commentary suggests the stock has already rallied strongly and is priced for a lot of optimism, which may be leading to a pause as traders await the next earnings catalyst. Why Lam Research Still Looks Like a Buy After a 300% Rally
• Negative Sentiment: The stock is slipping despite a generally favorable sector backdrop, suggesting some short-term profit-taking after recent outperformance in semiconductor names. Lam Research (LRCX) Stock Slides as Market Rises: Facts to Know Before You Trade

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on LRCX shares. Berenberg Bank increased their target price on shares of Lam Research from $265.00 to $335.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Weiss Ratings lowered shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, May 14th. Cantor Fitzgerald reissued an “overweight” rating and set a $320.00 target price on shares of Lam Research in a research note on Thursday, April 23rd. Morgan Stanley raised shares of Lam Research from an “underweight” rating to an “overweight” rating and increased their target price for the stock from $293.00 to $331.00 in a research note on Monday, May 18th. Finally, HSBC increased their target price on shares of Lam Research from $221.00 to $247.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. Twenty-seven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, Lam Research presently has a consensus rating of “Moderate Buy” and a consensus target price of $303.30.

Lam Research Stock Performance

Lam Research stock opened at $336.41 on Friday. The firm has a 50 day simple moving average of $271.83 and a 200-day simple moving average of $226.18. Lam Research Corporation has a 1-year low of $84.34 and a 1-year high of $346.19. 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 stock has a market cap of $420.70 billion, a price-to-earnings ratio of 63.47, a price-to-earnings-growth ratio of 2.85 and a beta of 1.85.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.11. The business had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. 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 posted $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, analysts expect that Lam Research Corporation will post 5.67 EPS for the current year.

Lam Research Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, June 17th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. Lam Research’s dividend payout ratio (DPR) is presently 19.62%.

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.