2,690 Shares in Lam Research Corporation $LRCX Acquired by Birchwood Financial Partners Inc.

Birchwood Financial Partners Inc. acquired a new stake in shares of Lam Research Corporation (NASDAQ:LRCX) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 2,690 shares of the semiconductor company’s stock, valued at approximately $460,000.

A number of other large investors have also added to or reduced their stakes in the stock. Brighton Jones LLC raised its position in shares of Lam Research by 1,032.4% in the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after purchasing an additional 12,936 shares during the last quarter. Caxton Associates LLP purchased a new stake in Lam Research during the 1st quarter valued at about $239,000. Gabelli Funds LLC purchased a new stake in Lam Research during the 2nd quarter valued at about $253,000. NewEdge Advisors LLC increased its stake in Lam Research by 2.7% during the 2nd quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock valued at $9,785,000 after purchasing an additional 2,661 shares in the last quarter. Finally, Osterweis Capital Management Inc. increased its stake in Lam Research by 5,206.7% during the 2nd quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock valued at $77,000 after purchasing an additional 781 shares in the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research News Summary

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

• Positive Sentiment: Citi raised its price target on Lam Research to $450 from $315, citing booming wafer fab equipment (WFE) demand and improved forecasts for the sector. Citi lifts PTs on AMAT, LRCX, & KLAC amid booming WFE demand
• Positive Sentiment: Oppenheimer increased its target on Lam Research to $400 from $330 and reiterated an Outperform rating, saying its bus tour strengthened confidence in AI-related WFE growth potential. Lam Research Corporation (LRCX)’s WFE Opportunity May Be Bigger Than Expected
• Positive Sentiment: Rothschild & Co Redburn also lifted its price target to $420 from $305 and kept a Buy rating, adding to the bullish analyst momentum around the stock. MarketScreener
• Positive Sentiment: Recent coverage highlighted Lam Research as a top momentum name, with articles pointing to strong earnings growth expectations and a favorable GF Score, reinforcing investor enthusiasm. Are You Looking for a Top Momentum Pick? Why Lam Research (LRCX) is a Great Choice
• Neutral Sentiment: Some market commentary compared Lam Research with Texas Instruments and suggested TXN may be the more attractive valuation play, but this was more a relative-value debate than a direct negative catalyst for LRCX. TXN vs. LRCX: Which Semiconductor Stock Is the Better Buy Right Now?
• Negative Sentiment: One note reported heavy put-option buying in Lam Research, which can signal that some traders are hedging against near-term downside or volatility. Stock Traders Buy High Volume of Put Options on Lam Research (NASDAQ:LRCX)

Insider Transactions at Lam Research

In other Lam Research news, SVP Neil J. Fernandes sold 18,170 shares of the stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $255.14, for a total value of $4,635,893.80. Following the transaction, the senior vice president owned 66,129 shares of the company’s stock, valued at approximately $16,872,153.06. This represents a 21.55% decrease in their ownership of the stock. The transaction was disclosed in a legal 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 Eric Brandt sold 54,500 shares of the firm’s 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 completion of 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 86,339 shares of company stock worth $27,680,267 in the last ninety days. Insiders own 0.31% of the company’s stock.

Lam Research Stock Up 4.0%

LRCX opened at $389.04 on Friday. The stock has a market capitalization of $486.52 billion, a price-to-earnings ratio of 73.40, a PEG ratio of 3.08 and a beta of 1.85. The firm has a 50 day moving average price of $298.90 and a 200-day moving average price of $240.53. Lam Research Corporation has a twelve month low of $87.75 and a twelve month high of $401.00. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) 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 company had revenue of $5.84 billion for the quarter, compared to analysts’ expectations of $5.70 billion. During the same quarter last year, the company posted $1.04 earnings per share. The firm’s quarterly revenue was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Equities research analysts forecast that Lam Research Corporation will post 5.7 earnings per share for the current year.

Lam Research Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Barclays reiterated an “overweight” rating and issued a $335.00 target price (up from $275.00) on shares of Lam Research in a research note on Thursday, June 11th. Evercore raised their price target on shares of Lam Research from $275.00 to $300.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. B. Riley Financial boosted their price objective on shares of Lam Research from $350.00 to $375.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. TD Cowen upped their price objective on Lam Research from $290.00 to $340.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Finally, Needham & Company LLC reiterated a “buy” rating and set a $300.00 target price on shares of Lam Research in a research note on Thursday, April 23rd. Twenty-eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Lam Research has a consensus rating of “Moderate Buy” and a consensus price target of $333.62.

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.