Lam Research Corporation $LRCX is Guinness Atkinson Asset Management Inc’s 5th Largest Position

Guinness Atkinson Asset Management Inc reduced its position in Lam Research Corporation (NASDAQ:LRCX) by 22.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,159 shares of the semiconductor company’s stock after selling 12,245 shares during the period. Lam Research makes up about 3.4% of Guinness Atkinson Asset Management Inc’s investment portfolio, making the stock its 5th biggest position. Guinness Atkinson Asset Management Inc’s holdings in Lam Research were worth $7,239,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of LRCX. Holderness Investments Co. increased its position in Lam Research by 5.5% during the fourth quarter. Holderness Investments Co. now owns 7,019 shares of the semiconductor company’s stock valued at $1,201,000 after acquiring an additional 364 shares during the last quarter. Norges Bank purchased a new position in Lam Research in the fourth quarter worth about $3,645,427,000. Madison Wealth Partners Inc grew its stake in shares of Lam Research by 2.5% during the 4th quarter. Madison Wealth Partners Inc now owns 6,697 shares of the semiconductor company’s stock valued at $1,146,000 after purchasing an additional 164 shares during the period. Zweig DiMenna Associates LLC grew its stake in shares of Lam Research by 6.8% during the 4th quarter. Zweig DiMenna Associates LLC now owns 65,400 shares of the semiconductor company’s stock valued at $11,195,000 after purchasing an additional 4,151 shares during the period. Finally, Eurizon SLJ Capital Ltd purchased a new stake in shares of Lam Research during the 4th quarter valued at about $11,535,000. Institutional investors own 84.61% of the company’s stock.

More Lam Research News

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

• Positive Sentiment: Lam Research hit a new 12-month high, reinforcing strong momentum in the shares and signaling continued investor demand for semiconductor equipment stocks.
• Positive Sentiment: Mizuho Securities reiterated its Buy rating on Lam Research, which supports the stock’s bullish trading tone.
• Positive Sentiment: Options activity showed unusually heavy interest in Lam Research, with investors reportedly favoring short put positions, a sign some traders expect the stock to hold up or rise further.
• Positive Sentiment: Broader semiconductor commentary remained constructive, as Applied Materials’ CEO said AI-driven demand is creating the strongest period ever for the chip equipment industry, a favorable backdrop for Lam Research.
• Neutral Sentiment: Recent articles noted Lam Research’s strong technical run and high valuation, suggesting momentum is powerful but the stock may be vulnerable to volatility if expectations cool.
• Negative Sentiment: Some market commentary questioned whether the semiconductor rally is getting ahead of fundamentals, warning that chip stocks could face a pullback if the current “supercycle” narrative weakens.

Insider Transactions at Lam Research

In other Lam Research news, insider Ava Harter sold 6,010 shares of the business’s stock in a transaction on Monday, April 27th. The shares were 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. The trade was a 10.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Douglas R. Bettinger sold 50,057 shares of the stock in a transaction dated 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 directly 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 position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 120,066 shares of company stock valued at $27,953,242. 0.31% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Lam Research from $300.00 to $325.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Jefferies Financial Group upped their target price on shares of Lam Research from $285.00 to $315.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Needham & Company LLC reiterated a “buy” rating and set a $300.00 price target on shares of Lam Research in a research note on Thursday, April 23rd. BNP Paribas Exane boosted their price objective on shares of Lam Research from $250.00 to $260.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. Finally, Oppenheimer restated an “outperform” rating and issued a $330.00 price objective on shares of Lam Research in a research note on Thursday, April 23rd. Twenty-seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $295.07.

Lam Research Stock Performance

LRCX opened at $318.18 on Friday. The firm has a market cap of $397.91 billion, a P/E ratio of 60.03, a PEG ratio of 2.63 and a beta of 1.81. Lam Research Corporation has a 1-year low of $79.49 and a 1-year high of $333.33. The company has a 50 day simple moving average of $263.88 and a two-hundred day simple moving average of $220.80. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77.

Lam Research (NASDAQ:LRCX) last issued its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.11. The company had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. Lam Research’s quarterly revenue was up 23.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Equities analysts forecast that Lam Research Corporation will post 5.67 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The business also recently announced 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. This represents a $1.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Wednesday, June 17th. Lam Research’s payout ratio is 19.62%.

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.