Pacific Excel Wealth Advisors Inc. Takes $719,000 Position in Lam Research Corporation $LRCX

Pacific Excel Wealth Advisors Inc. bought a new position in shares of Lam Research Corporation (NASDAQ:LRCX) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,659 shares of the semiconductor company’s stock, valued at approximately $719,000.

Several other institutional investors have also modified their holdings of LRCX. Bayban acquired a new stake in Lam Research during the 4th quarter valued at approximately $26,000. Vermillion Wealth Management Inc. purchased a new stake in Lam Research during the 1st quarter worth approximately $26,000. Cedar Mountain Advisors LLC raised its position in shares of Lam Research by 242.9% in the 1st quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 85 shares in the last quarter. Mcguire Capital Advisors Inc. acquired a new position in shares of Lam Research in the 4th quarter valued at approximately $27,000. Finally, Triumph Capital Management purchased a new position in shares of Lam Research during the 3rd quarter valued at approximately $27,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Buying and Selling

In related news, SVP Neil J. Fernandes sold 7,659 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the completion of the transaction, the senior vice president directly owned 58,470 shares in the company, valued at $18,102,312. This represents a 11.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the firm’s stock in a transaction on Monday, July 13th. The shares were sold at an average price of $335.00, for a total value of $6,124,470.00. Following the completion of the sale, the director owned 87,142 shares in the company, valued at $29,192,570. The trade was a 17.34% 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 80,441 shares of company stock worth $27,614,296 in the last three months. 0.31% of the stock is owned by insiders.

Lam Research Price Performance

LRCX opened at $317.74 on Wednesday. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.30. The company’s 50-day moving average price is $340.50 and its 200 day moving average price is $278.20. Lam Research Corporation has a fifty-two week low of $94.11 and a fifty-two week high of $438.50. The firm has a market cap of $397.36 billion, a price-to-earnings ratio of 55.16, a price-to-earnings-growth ratio of 1.19 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.13. The company 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 quarterly revenue was up 30.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, sell-side analysts expect that Lam Research Corporation will post 9.13 earnings per share for the current year.

Lam Research Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th were given a dividend of $0.26 per share. The ex-dividend date was Wednesday, June 17th. This represents a $1.04 dividend on an annualized basis and a yield of 0.3%. Lam Research’s payout ratio is currently 18.06%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Seaport Research Partners started coverage on Lam Research in a research note on Monday, May 4th. They issued a “buy” rating and a $300.00 price target for the company. Berenberg Bank upped their price objective on Lam Research from $265.00 to $335.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Wells Fargo & Company reaffirmed an “overweight” rating and set a $350.00 target price (down from $450.00) on shares of Lam Research in a report on Thursday, July 30th. Cantor Fitzgerald set a $500.00 price target on Lam Research and gave the company an “overweight” rating in a report on Monday, June 29th. Finally, Weiss Ratings raised Lam Research from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $358.47.

Lam Research News Roundup

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

• Positive Sentiment: Lam Research’s June-quarter results exceeded expectations, with revenue of $6.72 billion, earnings of $1.82 per share and year-over-year revenue growth of 30%. Management’s September-quarter outlook—approximately $8.1 billion in revenue, about 52% gross margin and 39.5% operating margin—suggests accelerating demand for wafer-fabrication equipment. Lam Research Climbs as Strong Earnings and AI-Driven Chip Spending Optimism Support Shares
• Positive Sentiment: Investors are reassessing the outlook for AI-related chip manufacturing as cloud providers expand data-center capacity. A Bank of America forecast calling for $1.18 trillion in cloud spending could support additional processor and memory production, benefiting equipment suppliers such as LRCX. BofA’s $1.18T cloud forecast puts 3 chip stocks in focus
• Positive Sentiment: Lam Research has received favorable investor and analyst commentary, including Zacks’ Rank #1 Strong Buy and inclusion among efficient growth stocks. Recent analyst targets have generally remained above the current trading level, with a reported median target of $375. Buy These 5 Top-Ranked Efficient Stocks With Strong Growth Potential
• Neutral Sentiment: The semiconductor sector’s broad rebound and renewed enthusiasm for the AI trade are supporting equipment stocks, but sector-wide rallies can also increase volatility and valuation risk.
• Negative Sentiment: Despite record results and strong AI demand, LRCX has fallen about 16% over the past month, indicating that investors remain concerned about its elevated valuation and the sustainability of rapid growth. Lam Research Plunges 16% in a Month: Should You Still Buy the Stock?
• Negative Sentiment: Reported insider activity is a cautionary signal: executives made numerous open-market sales and no purchases during the past six months. Institutional positioning was mixed, with some large investors adding shares while others reduced exposure.

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.