Lam Research Corporation $LRCX Shares Sold by Night Squared LP

Night Squared LP reduced its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 45.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,096 shares of the semiconductor company’s stock after selling 10,840 shares during the period. Night Squared LP’s holdings in Lam Research were worth $2,242,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Triumph Capital Management grew its holdings in Lam Research by 22.5% during the 4th quarter. Triumph Capital Management now owns 245 shares of the semiconductor company’s stock worth $42,000 after acquiring an additional 45 shares in the last quarter. Traphagen Investment Advisors LLC boosted 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 valued at $336,000 after buying an additional 46 shares during the period. Bank of Jackson Hole Trust boosted its holdings in shares of Lam Research by 12.6% in the 4th quarter. Bank of Jackson Hole Trust now owns 428 shares of the semiconductor company’s stock valued at $73,000 after buying an additional 48 shares during the period. Field & Main Bank boosted its holdings 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 valued at $790,000 after buying an additional 50 shares during the period. Finally, Capital Advisors Ltd. LLC boosted its holdings in shares of Lam Research by 1.1% in the 4th quarter. Capital Advisors Ltd. LLC now owns 4,646 shares of the semiconductor company’s stock valued at $795,000 after buying an additional 51 shares during the period. 84.61% of the stock is owned by institutional investors and hedge funds.

Lam Research Trading Down 5.0%

Lam Research stock opened at $369.34 on Wednesday. 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 firm has a 50-day moving average price of $292.53 and a two-hundred day moving average price of $237.34. The firm has a market capitalization of $461.89 billion, a price-to-earnings ratio of 69.69, a PEG ratio of 3.20 and a beta of 1.85. Lam Research Corporation has a 52-week low of $87.75 and a 52-week high of $393.07.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 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 company had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. During the same period in the previous year, the firm earned $1.04 EPS. Lam Research’s revenue was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Sell-side analysts expect that Lam Research Corporation will post 5.7 earnings per share for the current year.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Wednesday, June 17th will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Wednesday, June 17th. Lam Research’s payout ratio is 19.62%.

More Lam Research News

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

• Positive Sentiment: Several recent articles argue Lam Research still has strong growth potential, citing healthy earnings momentum, solid demand, and long-term outperformance potential. Is Lam Research (LRCX) a Solid Growth Stock? 3 Reasons to Think “Yes”
• Positive Sentiment: Analysts and market commentary continue to point to AI-related semiconductor demand and advanced packaging as a possible growth catalyst for LRCX. Lam Research Expects Packaging Growth of 50%: Is It a Hidden Catalyst?
• Positive Sentiment: The broader chip rally is still supporting sentiment, with semiconductor ETFs and peers pushing to new highs and helping keep money flowing into the sector. Chips Up 8.8% in One Week: 5 Semiconductor Names Breaking Into New Highs
• Neutral Sentiment: One market note highlighted Lam Research as a “final trade,” which may reflect positive trader interest but does not provide a fundamental catalyst. Alphabet, Lam Research And A Financial Stock On CNBC’s ‘Final Trades’
• Neutral Sentiment: Lam Research director Eric Brandt sold 54,500 shares in a pre-arranged 10b5-1 transaction; the sale is notable, but it does not necessarily signal a negative business outlook. SEC filing for director share sale
• Negative Sentiment: Some commentary flagged Lam’s elevated valuation, suggesting the stock is priced for very strong future growth and could be vulnerable if that growth slows. Decoding LRCX Stock’s Premium Valuation
• Negative Sentiment: Trading headlines also noted that LRCX underperformed the broader market in the latest session, likely reinforcing short-term profit-taking after the recent run-up. Why Lam Research (LRCX) Dipped More Than Broader Market Today

Insiders Place Their Bets

In other Lam Research news, insider Ava Harter sold 6,010 shares of the business’s stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the sale, the insider directly owned 53,205 shares in the company, valued at approximately $13,762,005.30. The trade was a 10.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Eric Brandt sold 54,500 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the sale, the director owned 199,205 shares in the company, valued at $69,881,114. This trade represents a 21.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 86,339 shares of company stock worth $27,680,267. 0.31% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

LRCX has been the subject of several research reports. Royal Bank Of Canada lifted their price target on shares of Lam Research from $290.00 to $310.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Bank of America lifted their price target on shares of Lam Research from $285.00 to $330.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Citigroup reaffirmed a “buy” rating and issued a $315.00 price target (up from $300.00) on shares of Lam Research in a report on Thursday, April 23rd. Finally, Cantor Fitzgerald set a $425.00 price target on shares of Lam Research and gave the company an “overweight” rating in a report on Wednesday, June 10th. Twenty-eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Lam Research currently has an average rating of “Moderate Buy” and a consensus target price of $324.26.

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.