Lam Research Corporation $LRCX Shares Acquired by Nicholas Investment Partners LP

Nicholas Investment Partners LP lifted its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 14.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 11,544 shares of the semiconductor company’s stock after purchasing an additional 1,440 shares during the period. Nicholas Investment Partners LP’s holdings in Lam Research were worth $1,976,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. PMV Capital Advisers LLC acquired a new position in shares of Lam Research during the fourth quarter valued at approximately $25,000. Stance Capital LLC acquired a new position in shares of Lam Research during the third quarter valued at approximately $26,000. Triumph Capital Management acquired a new position in shares of Lam Research during the third quarter valued at approximately $27,000. Core Wealth Advisors LLC acquired a new position in shares of Lam Research during the fourth quarter valued at approximately $29,000. Finally, Strategic Wealth Investment Group LLC acquired a new position in shares of Lam Research during the second quarter valued at approximately $29,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Key Lam Research News

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

• Positive Sentiment: Lam Research is benefiting from renewed optimism around wafer-fab equipment demand, with management recently raising its 2026 WFE market forecast to $140 billion and analysts lifting price targets on expectations that AI-driven chip investment will stay strong. Article Title
• Positive Sentiment: Recent coverage highlighted Lam Research as a core beneficiary of the AI infrastructure boom, with Barclays reiterating constructive views on chip-equipment names and investors focusing on ongoing spending for new semiconductor supply. Article Title
• Positive Sentiment: Lam Research’s recent earnings outperformance and upbeat guidance continue to support the bullish case, with the company beating estimates and projecting stronger revenue momentum into upcoming quarters. Article Title
• Neutral Sentiment: Some recent pieces focus on valuation after the AI-driven rally, suggesting investors are now weighing how much upside is already priced in after a sharp run-up. Article Title
• Negative Sentiment: Broader semiconductor stocks have remained volatile, and one recent session saw LRCX fall more steeply than the market, showing that the stock can still be pressured by sector-wide AI and macro swings. Article Title

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Royal Bank Of Canada raised their price objective on shares of Lam Research from $290.00 to $310.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. The Goldman Sachs Group restated a “buy” rating and issued a $290.00 price target on shares of Lam Research in a research report on Thursday, April 23rd. Zacks Research lowered shares of Lam Research from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Cantor Fitzgerald set a $425.00 price target on shares of Lam Research and gave the stock an “overweight” rating in a research report on Wednesday. Finally, Wall Street Zen lowered shares of Lam Research from a “buy” rating to a “hold” rating in a research report on Sunday, May 10th. Twenty-eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $322.01.

Insider Activity at Lam Research

In other Lam Research news, insider Ava Harter sold 6,010 shares of Lam Research stock in a transaction 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 sale, 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 sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Neil J. Fernandes sold 18,170 shares of Lam Research stock in a transaction on Friday, May 1st. The shares were sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the sale, the senior vice president directly 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 31,839 shares of company stock worth $8,561,667. Corporate insiders own 0.31% of the company’s stock.

Lam Research Trading Up 1.2%

NASDAQ LRCX opened at $366.81 on Friday. Lam Research Corporation has a twelve month low of $87.75 and a twelve month high of $373.82. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. The stock has a market cap of $458.72 billion, a price-to-earnings ratio of 69.21, a PEG ratio of 3.04 and a beta of 1.85. The firm’s 50 day moving average price is $286.10 and its two-hundred day moving average price is $233.58.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.11. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The firm had revenue of $5.84 billion for the quarter, compared to analysts’ expectations of $5.70 billion. During the same period in the previous year, the company posted $1.04 EPS. The company’s quarterly revenue was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Equities analysts anticipate that Lam Research Corporation will post 5.7 EPS for the current year.

Lam Research Dividend Announcement

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

About Lam Research

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.