Worth Asset Management LLC Has $2.06 Million Stock Holdings in Lam Research Corporation $LRCX

Worth Asset Management LLC decreased its holdings in Lam Research Corporation (NASDAQ:LRCX) by 16.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 9,632 shares of the semiconductor company’s stock after selling 1,904 shares during the period. Worth Asset Management LLC’s holdings in Lam Research were worth $2,058,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Sovereign Financial Group Inc. raised its stake in Lam Research by 4.7% during the first quarter. Sovereign Financial Group Inc. now owns 1,907 shares of the semiconductor company’s stock worth $407,000 after acquiring an additional 85 shares in the last quarter. SVB Wealth LLC lifted its holdings in shares of Lam Research by 10.2% in the first quarter. SVB Wealth LLC now owns 29,754 shares of the semiconductor company’s stock worth $6,357,000 after acquiring an additional 2,743 shares during the last quarter. Anchyra Partners LLC boosted its stake in shares of Lam Research by 4.4% in the 1st quarter. Anchyra Partners LLC now owns 2,926 shares of the semiconductor company’s stock valued at $625,000 after purchasing an additional 124 shares in the last quarter. Webster Bank N. A. boosted its stake in shares of Lam Research by 1.5% in the 1st quarter. Webster Bank N. A. now owns 32,591 shares of the semiconductor company’s stock valued at $6,963,000 after purchasing an additional 497 shares in the last quarter. Finally, Verde Capital Management bought a new stake in shares of Lam Research during the 1st quarter valued at approximately $220,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Trending Headlines about Lam Research

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

• Positive Sentiment: UBS and Cantor Fitzgerald both recently raised their price targets on Lam Research, signaling greater confidence in the company’s growth outlook and AI-related demand. Why Analysts See More Upside for Lam Research (LRCX)
• Positive Sentiment: Lam Research’s latest quarterly results beat expectations, with revenue and earnings topping estimates and management raising guidance for chip equipment demand, reinforcing the AI-driven growth story. Lam Research (LRCX) Is Up 6.1% After AI-Fueled Beat And Raised Chip-Equipment Outlook
• Positive Sentiment: Investors are increasingly viewing Lam Research as a key AI infrastructure and memory stock, with articles highlighting strong demand from AI spending and advanced packaging complexity. 5 Best AI Memory Stocks to Buy in 2026

Insider Buying and Selling

In other Lam Research news, SVP Neil J. Fernandes sold 18,170 shares of Lam Research stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the transaction, the senior vice president directly owned 66,129 shares of the company’s stock, valued at approximately $16,872,153.06. The trade was a 21.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Brandt sold 54,500 shares of Lam Research stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $350.80, for a total value of $19,118,600.00. Following the transaction, the director directly owned 199,205 shares in the company, valued at $69,881,114. The trade was a 21.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 86,339 shares of company stock valued at $27,680,267 in the last three months. Insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. HSBC increased their price objective on shares of Lam Research from $221.00 to $247.00 and gave the company a “hold” rating in a research note on Friday, April 24th. Morgan Stanley raised shares of Lam Research from an “underweight” rating to an “overweight” rating and boosted their target price for the stock from $293.00 to $331.00 in a research note on Monday, May 18th. Raymond James Financial set a $425.00 price target on shares of Lam Research in a report on Wednesday, June 10th. Sanford C. Bernstein increased their price target on Lam Research from $325.00 to $340.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Finally, Barclays reissued an “overweight” rating and set a $335.00 price objective (up from $275.00) on shares of Lam Research in a report on Thursday, June 11th. Twenty-eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Lam Research currently has a consensus rating of “Moderate Buy” and an average price target of $329.59.

Lam Research Trading Up 5.3%

LRCX opened at $409.54 on Tuesday. Lam Research Corporation has a fifty-two week low of $90.29 and a fifty-two week high of $409.75. 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 firm has a market capitalization of $512.16 billion, a price-to-earnings ratio of 77.27, a PEG ratio of 3.21 and a beta of 1.85. The company’s 50 day moving average price is $304.76 and its two-hundred day moving average price is $243.95.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.11. The firm 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 company’s revenue was up 23.8% on a year-over-year basis. During the same period in the prior year, the company posted $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, research analysts predict that Lam Research Corporation will post 5.7 earnings per share for the current year.

Lam Research Announces Dividend

The business also recently announced 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. This represents a $1.04 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Wednesday, June 17th. Lam Research’s dividend payout ratio (DPR) is currently 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.