Lam Research (NASDAQ:LRCX) Director Eric Brandt Sells 35,000 Shares

Lam Research Corporation (NASDAQ:LRCX) Director Eric Brandt sold 35,000 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the sale, the director owned 253,705 shares in the company, valued at $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Lam Research Price Performance

NASDAQ LRCX traded down $0.18 on Monday, reaching $230.83. 5,282,944 shares of the stock traded hands, compared to its average volume of 13,849,688. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $251.87. The company has a market cap of $288.25 billion, a price-to-earnings ratio of 47.26, a P/E/G ratio of 2.49 and a beta of 1.78. The firm’s fifty day simple moving average is $194.38 and its 200 day simple moving average is $151.05. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The firm had revenue of $5.34 billion for the quarter, compared to analyst estimates of $5.23 billion. During the same period in the previous year, the company earned $0.91 earnings per share. Lam Research’s revenue was up 22.1% compared to the same quarter last year. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, research analysts predict that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be issued a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.04 annualized dividend and a dividend yield of 0.5%. Lam Research’s dividend payout ratio is currently 21.31%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on LRCX. Sanford C. Bernstein upped their target price on Lam Research from $275.00 to $285.00 and gave the company an “outperform” rating in a report on Monday. Dbs Bank lifted their price objective on Lam Research from $119.40 to $184.20 in a research report on Monday, October 27th. Barclays set a $250.00 price target on shares of Lam Research in a research note on Thursday, January 29th. Citic Securities increased their target price on shares of Lam Research from $165.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Finally, Argus boosted their price target on Lam Research from $175.00 to $280.00 in a research report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Lam Research has an average rating of “Moderate Buy” and a consensus target price of $244.88.

Institutional Investors Weigh In On Lam Research

Several hedge funds have recently made changes to their positions in the stock. Lingohr Asset Management GmbH lifted its holdings in shares of Lam Research by 590.7% in the third quarter. Lingohr Asset Management GmbH now owns 59,555 shares of the semiconductor company’s stock worth $7,974,000 after acquiring an additional 50,933 shares during the last quarter. Mediolanum International Funds Ltd increased its holdings in shares of Lam Research by 52.0% during the third quarter. Mediolanum International Funds Ltd now owns 262,544 shares of the semiconductor company’s stock worth $34,417,000 after buying an additional 89,856 shares in the last quarter. First Citizens Bank & Trust Co. increased its holdings in shares of Lam Research by 8.0% during the third quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company’s stock worth $18,804,000 after buying an additional 10,408 shares in the last quarter. Oregon Public Employees Retirement Fund lifted its stake in shares of Lam Research by 30.9% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 144,656 shares of the semiconductor company’s stock valued at $19,369,000 after acquiring an additional 34,147 shares during the last quarter. Finally, Truist Financial Corp boosted its holdings in shares of Lam Research by 119.6% during the 3rd quarter. Truist Financial Corp now owns 1,676,637 shares of the semiconductor company’s stock valued at $224,502,000 after acquiring an additional 913,009 shares in the last quarter. 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: Analyst price-target lift from Sanford C. Bernstein to $285 with an “outperform” rating, implying meaningful upside versus the current price. Bernstein Adjusts Price Target
• Positive Sentiment: Another price-target raise to $265 was published, adding to analyst-driven upside expectations and signaling continued confidence from sell-side coverage. Price Target Raised to $265
• Positive Sentiment: Company momentum boosted by a recent dividend announcement that triggered a near-term share jump; dividend news often attracts income-focused and institutional buyers. Dividend Announcement
• Positive Sentiment: Industry and stock-specific bullish coverage: Zacks and The Motley Fool highlight Lam as a buy amid strong AI/memory demand and a supply-constrained memory market driving revenue and earnings upside. Zacks Industry Buy List
• Positive Sentiment: Technical note: LRCX crossed above its 20-day moving average, a short-term bullish signal that can attract momentum traders. Technical Breakout
• Neutral Sentiment: Market commentary questions valuation after a large one-year gain — useful for context on risk/reward but not an immediate price driver. Valuation Commentary
• Negative Sentiment: Insider selling: Director Eric Brandt sold 35,000 shares (~$7.9M at ~$225.60), reducing his stake ~12%, which can be perceived as a cautionary signal by some investors. SEC Form 4
• Negative Sentiment: Unusual options activity: ~85,762 put contracts were bought (?112% above average), indicating elevated bearish hedging or directional bearish bets that could pressure near-term sentiment.

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.