Jackson Square Capital LLC Decreases Position in Lam Research Corporation $LRCX

Jackson Square Capital LLC decreased its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 17.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,954 shares of the semiconductor company’s stock after selling 5,271 shares during the period. Jackson Square Capital LLC’s holdings in Lam Research were worth $3,341,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Lam Research during the 2nd quarter worth approximately $1,894,585,000. JPMorgan Chase & Co. grew its holdings in shares of Lam Research by 14.4% during the second quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock worth $3,954,188,000 after buying an additional 5,102,589 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in Lam Research by 99.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,739,221 shares of the semiconductor company’s stock valued at $417,242,000 after purchasing an additional 2,864,863 shares during the last quarter. Nordea Investment Management AB lifted its position in Lam Research by 34.1% during the second quarter. Nordea Investment Management AB now owns 10,594,574 shares of the semiconductor company’s stock worth $1,029,210,000 after buying an additional 2,692,189 shares during the period. Finally, Artisan Partners Limited Partnership boosted its stake in Lam Research by 35.4% in the 2nd quarter. Artisan Partners Limited Partnership now owns 9,849,868 shares of the semiconductor company’s stock worth $958,786,000 after buying an additional 2,575,456 shares during the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Lam Research

In other news, insider Ava Harter sold 9,010 shares of Lam Research stock in a transaction on Monday, October 27th. The stock was sold at an average price of $157.47, for a total transaction of $1,418,804.70. Following the transaction, the insider directly owned 56,786 shares in the company, valued at approximately $8,942,091.42. This trade represents a 13.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Douglas R. Bettinger sold 40,080 shares of the business’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $150.60, for a total value of $6,036,048.00. Following the sale, the chief financial officer directly owned 987,237 shares in the company, valued at $148,677,892.20. This trade represents a 3.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 102,608 shares of company stock valued at $14,916,496. Insiders own 0.31% of the company’s stock.

Key Lam Research News

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

• Positive Sentiment: Multiple sell?side upgrades and price?target increases from major firms lift sentiment and implied upside — B. Riley raised its target to $195 and maintained a buy rating. Article Title
• Positive Sentiment: Deutsche Bank raised its target to $195 and reiterated a buy, citing stronger forward visibility; that adds another institutional vote of confidence. Article Title
• Positive Sentiment: Mizuho lifted its price target to $200 from $170, maintaining an outperform view — another sizable increase that signals analysts expect stronger 2026 demand. Article Title
• Positive Sentiment: Coverage roundup: three firms turned bullish on LRCX today, a concentrated shift that drove short?term buying interest. Article Title
• Positive Sentiment: Technical momentum: LRCX just flashed a golden?cross (longer MA crossing above shorter MA) and cleared the 20?day moving average — a buy signal that attracts momentum traders. Article Title
• Positive Sentiment: Investor recognition: IBD named Lam an “IBD Stock of the Day” and noted all?time high momentum tied to 2026 prospects, which can attract retail inflows. Article Title
• Neutral Sentiment: Analysis pieces and price?range summaries reflect consensus views and model updates (price forecasts shown from ~$175 to $210) — useful context but not a direct catalyst on its own. Article Title
• Neutral Sentiment: Feature coverage (Forbes) reviews the drivers behind today’s move and the 2026 thesis; good background for investors but largely descriptive. Article Title
• Neutral Sentiment: Corporate/community items (annual collegiate challenge winners) are positive PR but unlikely to move the stock materially. Article Title

Lam Research Price Performance

LRCX stock opened at $172.27 on Friday. The company has a market capitalization of $216.38 billion, a PE ratio of 37.95, a P/E/G ratio of 1.69 and a beta of 1.77. The stock’s 50 day moving average is $154.83 and its two-hundred day moving average is $122.80. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $173.58.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.04. The firm had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.Lam Research’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Analysts predict that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd will be issued a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $1.04 annualized dividend and a yield of 0.6%. Lam Research’s dividend payout ratio is presently 22.91%.

Analysts Set New Price Targets

Several research firms recently issued reports on LRCX. Cantor Fitzgerald reissued an “overweight” rating and issued a $210.00 target price on shares of Lam Research in a research report on Tuesday. Jefferies Financial Group restated a “buy” rating and set a $200.00 price objective (up from $175.00) on shares of Lam Research in a report on Monday. Berenberg Bank raised their price objective on Lam Research from $122.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Wall Street Zen downgraded shares of Lam Research from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Cowen reaffirmed a “buy” rating on shares of Lam Research in a research report on Thursday, October 23rd. Twenty-six analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $160.37.

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.