Goldenstone Wealth Management LLC Takes Position in Lam Research Corporation $LRCX

Goldenstone Wealth Management LLC purchased a new stake in Lam Research Corporation (NASDAQ:LRCX) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 7,994 shares of the semiconductor company’s stock, valued at approximately $1,368,000. Lam Research makes up approximately 1.0% of Goldenstone Wealth Management LLC’s investment portfolio, making the stock its 23rd largest holding.

A number of other institutional investors also recently modified their holdings of LRCX. PMV Capital Advisers LLC bought a new stake in shares of Lam Research in the fourth quarter valued at about $25,000. Stance Capital LLC bought a new stake in shares of Lam Research in the third quarter valued at about $26,000. Triumph Capital Management bought a new stake in shares of Lam Research in the third quarter valued at about $27,000. Strategic Wealth Investment Group LLC bought a new stake in shares of Lam Research in the second quarter valued at about $29,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of Lam Research in the third quarter valued at about $40,000. 84.61% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Rothschild & Co Redburn boosted their price target on Lam Research from $225.00 to $265.00 and gave the company a “buy” rating in a report on Friday, February 6th. HSBC upped their target price on Lam Research from $221.00 to $247.00 and gave the stock a “hold” rating in a report on Friday, April 24th. KeyCorp reiterated a “sector weight” rating on shares of Lam Research in a report on Thursday, January 29th. Zacks Research lowered Lam Research from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $320.00 target price on shares of Lam Research in a report on Thursday, April 23rd. Twenty-seven equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $292.97.

Lam Research Price Performance

NASDAQ:LRCX opened at $292.09 on Thursday. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. The stock’s 50 day moving average price is $250.60 and its two-hundred day moving average price is $213.69. The firm has a market capitalization of $365.28 billion, a price-to-earnings ratio of 55.11, a P/E/G ratio of 2.26 and a beta of 1.81. Lam Research Corporation has a 12-month low of $79.49 and a 12-month high of $302.00.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data 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 for the quarter, compared to analyst estimates of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The business’s revenue for the quarter was up 23.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, analysts anticipate that Lam Research Corporation will post 5.67 earnings per share for the current year.

Insider Buying and Selling at Lam Research

In other Lam Research news, insider Ava Harter sold 6,010 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $258.66, for a total value of $1,554,546.60. Following the sale, the insider owned 53,205 shares in the company, valued at $13,762,005.30. This represents a 10.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Douglas R. Bettinger sold 50,057 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total value of $11,214,269.71. Following the completion of the sale, the chief financial officer owned 1,081,705 shares in the company, valued at $242,334,371.15. This represents a 4.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 120,066 shares of company stock worth $27,953,242 over the last 90 days. Company insiders own 0.31% of the company’s stock.

More Lam Research News

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

• Positive Sentiment: Morgan Stanley upgraded Lam Research (LRCX) to Overweight after raising its wafer-fab equipment industry outlook, signaling stronger expected demand across the semiconductor equipment cycle. LRCX Overweight: How Lam Research Is Poised to Outperform the $149B WFE Market
• Positive Sentiment: Lam Research raised its WFE outlook amid surging AI chip demand, with commentary pointing to record quarterly revenue and EPS strength, which supports the case for continued system-sales growth. LRCX Ups WFE View Amid AI Demand: Can It Lift Systems Revenues?
• Positive Sentiment: Bernstein lifted price targets on LRCX after increasing global WFE spending forecasts, citing better prospects for memory expansion in China and elsewhere. Bernstein lifts price targets on LRCX and KLAC after lifting WFE forecasts
• Positive Sentiment: Lam Research opened a new research lab in Salzburg, Austria, to advance chip-packaging technology aimed at increasing chip density and lowering costs, reinforcing its exposure to AI-related advanced packaging demand. Lam Research opens Austria lab to advance chip packaging, cut costs
• Neutral Sentiment: Industry coverage highlighted Lam Research as one of the key semiconductor equipment “picks-and-shovels” plays behind the memory and AI manufacturing boom, which supports the long-term bull case but is more thematic than immediately actionable. Forget the Memory Chip Arms Race. The Real Trade Is the 3 Equipment Companies Every Chipmaker Must Pay First
• Neutral Sentiment: TipRanks said Lam Research is riding the AI wave to a record quarter, but this mainly reinforces the already-positive earnings narrative rather than adding a new catalyst. Lam Research Rides AI Wave to Record Quarter
• Negative Sentiment: One Zacks comparison argued that Applied Materials may have an edge over LRCX because of more diversified tools, AI software, and a cheaper valuation, which could temper enthusiasm around Lam versus peers. Lam Research vs. Applied Materials: Which AI Chip Stock Has the Edge?

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.