E Fund Management Hong Kong Co. Ltd. Raises Stock Position in Lam Research Corporation $LRCX

E Fund Management Hong Kong Co. Ltd. raised its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 248.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,058 shares of the semiconductor company’s stock after purchasing an additional 2,892 shares during the quarter. E Fund Management Hong Kong Co. Ltd.’s holdings in Lam Research were worth $695,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in the business. Traphagen Investment Advisors LLC lifted its holdings in shares of Lam Research by 2.4% in the 4th quarter. Traphagen Investment Advisors LLC now owns 1,963 shares of the semiconductor company’s stock worth $336,000 after acquiring an additional 46 shares during the last quarter. Field & Main Bank grew its position in shares of Lam Research by 1.1% in the 4th quarter. Field & Main Bank now owns 4,615 shares of the semiconductor company’s stock worth $790,000 after buying an additional 50 shares during the period. Capital Advisors Ltd. LLC grew its position in Lam Research by 1.1% during the 4th quarter. Capital Advisors Ltd. LLC now owns 4,646 shares of the semiconductor company’s stock valued at $795,000 after purchasing an additional 51 shares during the last quarter. Retirement Planning Group LLC boosted its holdings in shares of Lam Research by 2.9% during the 4th quarter. Retirement Planning Group LLC now owns 1,834 shares of the semiconductor company’s stock valued at $314,000 after acquiring an additional 51 shares during the last quarter. Finally, Plancorp LLC boosted its holdings in shares of Lam Research by 2.1% during the 4th quarter. Plancorp LLC now owns 2,518 shares of the semiconductor company’s stock valued at $431,000 after acquiring an additional 51 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on LRCX shares. New Street Research raised their target price on shares of Lam Research from $235.00 to $280.00 and gave the stock a “neutral” rating in a research note on Monday, April 27th. Mizuho upped their target price on Lam Research from $295.00 to $330.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Oppenheimer reiterated an “outperform” rating and issued a $330.00 price target on shares of Lam Research in a research note on Thursday, April 23rd. Seaport Research Partners began coverage on Lam Research in a report on Monday, May 4th. They issued a “buy” rating and a $300.00 price objective on the stock. Finally, Erste Group Bank downgraded Lam Research from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Twenty-six analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $291.75.

Lam Research Price Performance

Shares of LRCX opened at $295.44 on Thursday. The firm has a fifty day moving average price of $243.36 and a 200 day moving average price of $209.17. Lam Research Corporation has a 1-year low of $79.49 and a 1-year high of $300.00. 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 stock has a market cap of $369.47 billion, a PE ratio of 55.74, a price-to-earnings-growth ratio of 2.39 and a beta of 1.81.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The business had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. During the same period in the previous year, the business posted $1.04 earnings per share. The business’s 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. As a group, sell-side analysts anticipate that Lam Research Corporation will post 5.67 EPS for the current year.

Insider Buying and Selling

In other Lam Research news, CFO Douglas R. Bettinger sold 50,057 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the transaction, the chief financial officer owned 1,081,705 shares of the company’s stock, valued at $242,334,371.15. This trade represents a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Neil J. Fernandes sold 18,170 shares of the firm’s 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 completion of the transaction, the senior vice president directly owned 66,129 shares in the company, valued at approximately $16,872,153.06. This represents a 21.55% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 120,066 shares of company stock worth $27,953,242. 0.31% of the stock is owned by insiders.

Key Stories Impacting Lam Research

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

• Positive Sentiment: B. Riley raised its price target on Lam Research to $375 from $350 and reiterated a buy rating, signaling continued upside expectations. MarketScreener
• Positive Sentiment: Seaport Research initiated coverage with a buy rating and a $300 price target, adding another bullish analyst view on the stock. Seaport Research Affirms Lam Research Corporation (LRCX) as One of The Top Tech Stocks in Louis Navellier’s Portfolio
• Positive Sentiment: Commentary around Lam Research’s near-50% gross margin and guidance for about 50.5% gross margin suggests strong pricing power and improving profitability, helped by AI-led demand. LRCX’s Gross Margin Near 50%: More Upside Ahead Amid AI-Led Demand?
• Positive Sentiment: Articles highlighting the memory-chip shortage argue that higher investments in semiconductor equipment could benefit Lam Research, which makes memory and wafer-fabrication tools. The Memory Shortage Has Supercharged This AI Stock That Has Jumped 293% in a Year. It Can Still Soar Higher (Hint: It’s Not Micron or Sandisk)
• Neutral Sentiment: Lam Research announced that CEO Tim Archer and CFO Doug Bettinger will participate in upcoming investor conferences, which is supportive for visibility but not a direct business catalyst. Lam Research Corporation Announces Participation at Upcoming Conferences
• Neutral Sentiment: Recent “buy/sell/hold” and long-term performance articles are mostly sentiment pieces and do not appear to change the company’s fundamentals directly. Lam Research (LRCX): Buy, sell, or hold post Q1 earnings?

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.