Lighthouse Financial Services Inc. ADV Sells 2,513 Shares of Lam Research Corporation $LRCX

Lighthouse Financial Services Inc. ADV reduced its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 18.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,768 shares of the semiconductor company’s stock after selling 2,513 shares during the period. Lam Research comprises about 1.0% of Lighthouse Financial Services Inc. ADV’s investment portfolio, making the stock its 19th largest holding. Lighthouse Financial Services Inc. ADV’s holdings in Lam Research were worth $4,666,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Sherry Group Inc. acquired a new stake in Lam Research in the 2nd quarter valued at approximately $452,000. Capital Investment Management Inc. bought a new stake in Lam Research in the 2nd quarter valued at approximately $241,000. Bell Bank acquired a new position in Lam Research during the 2nd quarter worth approximately $463,000. Syntegra Private Wealth Group LLC boosted its position in Lam Research by 1.1% during the 2nd quarter. Syntegra Private Wealth Group LLC now owns 4,103 shares of the semiconductor company’s stock worth $1,778,000 after acquiring an additional 46 shares during the last quarter. Finally, Waddell & Associates LLC grew its stake in shares of Lam Research by 25.5% during the 2nd quarter. Waddell & Associates LLC now owns 3,989 shares of the semiconductor company’s stock worth $1,729,000 after acquiring an additional 811 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors.

Lam Research Trading Down 1.4%

Shares of Lam Research stock opened at $332.36 on Friday. The stock has a market cap of $415.89 billion, a P/E ratio of 57.70, a P/E/G ratio of 1.32 and a beta of 1.84. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.30. Lam Research Corporation has a 12-month low of $94.11 and a 12-month high of $438.50. The business’s 50 day moving average is $339.46 and its 200-day moving average is $283.14.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.13. The business had revenue of $6.72 billion during the quarter, compared to analysts’ expectations of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The firm’s revenue was up 30.0% on a year-over-year basis. During the same period last year, the business earned $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Equities research analysts predict that Lam Research Corporation will post 9.32 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th were given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, June 17th. Lam Research’s dividend payout ratio (DPR) is 18.06%.

More Lam Research News

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

• Positive Sentiment: Lam Research plans to increase R&D experiment capacity by more than 50% across facilities in the United States, Asia and Europe. Management says the investment should accelerate product development and help customers address increasingly complex AI-chip architectures, materials and nanoscale manufacturing requirements. Reuters article
• Positive Sentiment: Investors are viewing Lam’s expertise in etching, including next-generation atomic-layer etching, as a potentially valuable competitive advantage as AI-driven semiconductor production requires greater manufacturing precision. The company’s recent rebound has renewed optimism that its technology could benefit from a longer-term equipment upcycle. 247WallSt article
• Positive Sentiment: SanDisk’s bullish multiyear financial targets have strengthened expectations for memory-industry capital spending through 2030, supporting demand prospects for semiconductor equipment suppliers such as Lam Research. SanDisk financial targets article
• Neutral Sentiment: Polen Capital identified LRCX as a top performer in its Focus Growth portfolio, while Zacks continues to highlight the stock’s long-term earnings outlook. These endorsements may support sentiment but do not represent new company guidance or guaranteed returns. Polen Capital article
• Negative Sentiment: The R&D expansion requires substantial spending over several years, creating execution and return-on-investment risks. Lam also trades at a relatively elevated valuation after a sharp recovery, leaving the stock vulnerable to profit-taking and concerns that the semiconductor cycle may be approaching a peak.

Insider Transactions at Lam Research

In other news, SVP Neil J. Fernandes sold 7,659 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the transaction, the senior vice president directly owned 58,470 shares in the company, valued at $18,102,312. The trade was a 11.58% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Brandt sold 54,500 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the completion of the sale, the director owned 199,205 shares of the company’s stock, 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. Insiders have sold 80,441 shares of company stock worth $27,614,296 in the last ninety days. Insiders own 0.31% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on LRCX. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $320.00 price objective on shares of Lam Research in a report on Thursday, July 30th. Seaport Research Partners assumed coverage on shares of Lam Research in a report on Monday, May 4th. They set a “buy” rating and a $300.00 target price for the company. JPMorgan Chase & Co. raised their target price on shares of Lam Research from $300.00 to $315.00 and gave the company an “overweight” rating in a research report on Thursday, April 23rd. UBS Group reiterated a “buy” rating and issued a $375.00 price target (up from $310.00) on shares of Lam Research in a research note on Tuesday, June 9th. Finally, TD Cowen reissued a “buy” rating and set a $400.00 price target (up from $340.00) on shares of Lam Research in a research report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $358.47.

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.