KDK Private Wealth Management LLC Purchases New Shares in Lam Research Corporation $LRCX

KDK Private Wealth Management LLC purchased a new position in Lam Research Corporation (NASDAQ:LRCX) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,488 shares of the semiconductor company’s stock, valued at approximately $426,000.

A number of other hedge funds have also bought and sold shares of the company. Fideuram Asset Management Ireland dac bought a new position in Lam Research during the 4th quarter valued at about $10,035,000. Generali Investments Management Co LLC lifted its stake in Lam Research by 62.0% in the fourth quarter. Generali Investments Management Co LLC now owns 36,274 shares of the semiconductor company’s stock worth $6,209,000 after purchasing an additional 13,878 shares during the last quarter. Thoroughbred Financial Services LLC lifted its stake in Lam Research by 115.2% in the third quarter. Thoroughbred Financial Services LLC now owns 22,198 shares of the semiconductor company’s stock worth $2,972,000 after purchasing an additional 11,883 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Lam Research by 0.3% during the third quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock valued at $17,537,447,000 after buying an additional 364,949 shares during the period. Finally, Hillsdale Investment Management Inc. bought a new position in shares of Lam Research during the third quarter valued at approximately $1,229,000. Institutional investors own 84.61% of the company’s stock.

Insider Activity at Lam Research

In other Lam Research news, insider Ava Harter sold 6,010 shares of the company’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of 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 the SEC website. Also, SVP Neil J. Fernandes sold 7,659 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $309.60, for a total value of $2,371,226.40. Following the sale, the senior vice president directly owned 58,470 shares in the company, valued at $18,102,312. This trade represents a 11.58% 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. Insiders sold a total of 31,839 shares of company stock valued at $8,561,667 in the last ninety days. Corporate 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: Barclays raised its price target on Lam Research (LRCX) to $335 from $275, citing higher wafer fabrication equipment estimates and reinforcing a constructive outlook for chip tools demand. MarketScreener
• Positive Sentiment: Another report said semiconductor equipment stocks, including Lam Research, were trading near record highs as investors continued to bet on strong AI-driven demand for new chip gear. Applied Materials, Other Chip Gear Stocks At Record Highs
• Positive Sentiment: UBS previously lifted its price target on LRCX to $375 from $310, helping fuel the recent rally in the stock. Why Lam Research (LRCX) Stock Is Trading Up Today
• Neutral Sentiment: Lam Research was also mentioned in a broader “unstoppable growth stocks” screen and in investor commentary highlighting its strategic role in the semiconductor industry, but these items did not include new company-specific fundamentals.
• Negative Sentiment: Despite the positive analyst action, Lam Research recently slipped as the semiconductor sector came under pressure, with a broader “correction underway” narrative weighing on chip stocks. Lam Research (LRCX) Falls More Steeply Than Broader Market: What Investors Need to Know

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Susquehanna increased their price target on Lam Research from $350.00 to $385.00 and gave the stock a “positive” rating in a report on Thursday, April 23rd. Raymond James Financial set a $425.00 target price on Lam Research in a research note on Wednesday. Wall Street Zen lowered shares of Lam Research from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. Berenberg Bank upped their price target on shares of Lam Research from $265.00 to $335.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Finally, Seaport Research Partners began coverage on shares of Lam Research in a research note on Monday, May 4th. They issued a “buy” rating and a $300.00 price target on the stock. Twenty-eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $322.01.

Lam Research Trading Down 1.6%

Shares of NASDAQ LRCX opened at $321.80 on Thursday. Lam Research Corporation has a twelve month low of $87.75 and a twelve month high of $349.09. The firm has a market cap of $402.43 billion, a PE ratio of 60.72, a price-to-earnings-growth ratio of 2.71 and a beta of 1.85. The business has a fifty day simple moving average of $280.23 and a two-hundred day simple moving average of $231.09. 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 announced its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 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% on a year-over-year basis. During the same quarter last year, the firm posted $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Analysts expect that Lam Research Corporation will post 5.67 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

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

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.