Quadrant Capital Group LLC Sells 4,952 Shares of Lam Research Corporation $LRCX

Quadrant Capital Group LLC lessened its holdings in Lam Research Corporation (NASDAQ:LRCX) by 10.8% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 40,794 shares of the semiconductor company’s stock after selling 4,952 shares during the period. Quadrant Capital Group LLC’s holdings in Lam Research were worth $3,971,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. IMG Wealth Management Inc. acquired a new position in Lam Research during the second quarter valued at $26,000. REAP Financial Group LLC purchased a new stake in Lam Research in the 2nd quarter worth approximately $31,000. Bank of Jackson Hole Trust raised its holdings in Lam Research by 111.1% in the 2nd quarter. Bank of Jackson Hole Trust now owns 380 shares of the semiconductor company’s stock valued at $37,000 after acquiring an additional 200 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Lam Research during the second quarter worth $38,000. Finally, Hilltop National Bank purchased a new stake in shares of Lam Research in the second quarter valued at $38,000. 84.61% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, insider Ava Harter sold 9,010 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the insider owned 56,786 shares in the company, valued at $8,942,091.42. The trade was a 13.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Vahid Vahedi sold 52,190 shares of the business’s stock in a transaction that occurred on Monday, October 13th. The shares were sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the completion of the transaction, the senior vice president owned 251,047 shares of the company’s stock, valued at $34,870,428.30. The trade was a 17.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 102,608 shares of company stock worth $14,916,496 over the last 90 days. Company insiders own 0.31% of the company’s stock.

Lam Research Price Performance

LRCX opened at $155.14 on Thursday. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $167.15. The company has a fifty day simple moving average of $146.09 and a 200 day simple moving average of $113.79. The stock has a market cap of $194.86 billion, a P/E ratio of 34.17, a P/E/G ratio of 1.68 and a beta of 1.87. 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 (NASDAQ:LRCX) last issued its quarterly earnings results 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. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The firm had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.23 billion. During the same period in the previous year, the business earned $0.86 EPS. The company’s revenue was up 27.7% compared to the same quarter last year. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, research analysts expect that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Wednesday, December 3rd. Lam Research’s dividend payout ratio (DPR) is currently 22.91%.

Analyst Upgrades and Downgrades

LRCX has been the topic of a number of research analyst reports. Evercore ISI lifted their price target on shares of Lam Research from $115.00 to $170.00 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Citigroup upped their price objective on shares of Lam Research from $175.00 to $190.00 and gave the stock a “buy” rating in a report on Tuesday, November 11th. Argus lifted their price target on shares of Lam Research from $105.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Stifel Nicolaus set a $160.00 price objective on Lam Research and gave the stock a “buy” rating in a research note on Thursday, October 23rd. Finally, Summit Insights lowered Lam Research from a “buy” rating to a “hold” rating in a research report on Thursday, July 31st. Twenty-six equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, Lam Research presently has an average rating of “Moderate Buy” and a consensus target price of $152.17.

About Lam Research

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.