FNY Investment Advisers LLC Buys New Holdings in Lam Research Corporation $LRCX

FNY Investment Advisers LLC bought a new position in Lam Research Corporation (NASDAQ:LRCX) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,000 shares of the semiconductor company’s stock, valued at approximately $1,733,000.

A number of other institutional investors have also recently bought and sold shares of LRCX. GSG Advisors LLC raised its stake in shares of Lam Research by 3.1% in the 1st quarter. GSG Advisors LLC now owns 1,387 shares of the semiconductor company’s stock valued at $296,000 after buying an additional 42 shares in the last quarter. First County Bank CT boosted its position in shares of Lam Research by 1.7% during the 2nd quarter. First County Bank CT now owns 2,483 shares of the semiconductor company’s stock valued at $1,076,000 after acquiring an additional 42 shares in the last quarter. Valued Wealth Advisors LLC boosted its position in shares of Lam Research by 7.9% during the 1st quarter. Valued Wealth Advisors LLC now owns 589 shares of the semiconductor company’s stock valued at $126,000 after acquiring an additional 43 shares in the last quarter. Greenup Street Wealth Management LLC increased its stake in Lam Research by 1.8% in the first quarter. Greenup Street Wealth Management LLC now owns 2,433 shares of the semiconductor company’s stock valued at $520,000 after acquiring an additional 44 shares during the period. Finally, Triumph Capital Management increased its stake in Lam Research by 22.5% in the fourth quarter. Triumph Capital Management now owns 245 shares of the semiconductor company’s stock valued at $42,000 after acquiring an additional 45 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Stock Down 0.5%

Shares of NASDAQ LRCX opened at $305.77 on Friday. The firm’s 50-day simple moving average is $340.03 and its 200 day simple moving average is $279.42. The company has a market cap of $382.39 billion, a price-to-earnings ratio of 53.09, a price-to-earnings-growth ratio of 1.23 and a beta of 1.84. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.30. Lam Research Corporation has a 12-month low of $94.11 and a 12-month high of $438.50.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, topping analysts’ consensus estimates of $1.69 by $0.13. The firm had revenue of $6.72 billion for the quarter, compared to analyst estimates of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The company’s revenue was up 30.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, research analysts expect that Lam Research Corporation will post 9.24 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

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

Insider Activity

In other Lam Research news, Director Eric Brandt sold 54,500 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the transaction, the director owned 199,205 shares of the company’s stock, valued at approximately $69,881,114. This represents a 21.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the 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 transaction, 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. 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. Insiders have sold 80,441 shares of company stock valued at $27,614,296 over the last three months. 0.31% of the stock is owned by insiders.

Analyst Ratings Changes

LRCX has been the subject of several recent research reports. Weiss Ratings raised shares of Lam Research from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, July 23rd. Jefferies Financial Group set a $335.00 price objective on Lam Research and gave the company a “buy” rating in a research note on Thursday, July 30th. Sanford C. Bernstein raised their target price on Lam Research from $325.00 to $340.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. HSBC reiterated a “hold” rating and issued a $333.00 price target on shares of Lam Research in a research report on Monday, July 27th. Finally, Rothschild & Co Redburn lifted their price objective on Lam Research from $305.00 to $420.00 and gave the company a “buy” rating in a report on Wednesday, June 17th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $358.47.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Strong earnings and guidance support the AI equipment outlook. Lam Research reported quarterly EPS of $1.82, ahead of the approximately $1.69–$1.70 analyst estimate, while revenue reached $6.72 billion. Management’s next-quarter outlook, centered around roughly $2.15 EPS, was also well above the Street’s $1.84 expectation. Lam Research Soars After Earnings
• Positive Sentiment: The semiconductor equipment cycle may have further room to run. Lam’s order trends and earnings commentary suggest the AI chipmaking supercycle remains intact. Higher capital-spending plans from Taiwan Semiconductor and an optimistic outlook from Intel could support demand for wafer-fabrication equipment, with advanced packaging and testing identified as particularly attractive growth areas. Lam Research’s Latest Earnings Report
• Positive Sentiment: Broader AI infrastructure investment could create additional industry demand. Tesla’s planned $16.8 billion chip and AI-computing complex could benefit semiconductor manufacturers and equipment suppliers over time, although the article does not identify a direct Lam Research contract. Tesla’s Chip Bet
• Neutral Sentiment: Recent stock screens and growth-at-a-reasonable-price commentary continue to feature LRCX, while comparisons with Accenture emphasize Lam’s relatively steady revenue growth. These mentions may improve visibility but do not represent new company-specific catalysts. Accenture vs. Lam Research
• Negative Sentiment: Valuation is limiting enthusiasm. Following the earnings-related rebound, commentary noted that LRCX trades at the upper end of its historical forward-earnings range. Analysts also have conflicting views, increasing the potential for profit-taking after the recent rally. Conflicting Analyst Sentiment

Lam Research 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.