Lam Research Corporation $LRCX Shares Sold by True North Advisors LLC

True North Advisors LLC decreased its position in Lam Research Corporation (NASDAQ:LRCX) by 37.2% in the 4th quarter, Holdings Channel reports. The fund owned 20,523 shares of the semiconductor company’s stock after selling 12,160 shares during the period. True North Advisors LLC’s holdings in Lam Research were worth $3,513,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Lam Research by 0.3% in the third quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock valued at $17,537,447,000 after acquiring an additional 364,949 shares in the last quarter. State Street Corp grew its position in Lam Research by 0.4% in the third quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock valued at $8,024,684,000 after acquiring an additional 265,805 shares in the last quarter. Invesco Ltd. grew its position in Lam Research by 18.2% in the third quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock valued at $2,836,397,000 after acquiring an additional 3,263,658 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Lam Research by 781.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock worth $1,518,542,000 after buying an additional 10,053,978 shares in the last quarter. Finally, Nordea Investment Management AB grew its position in shares of Lam Research by 6.8% during the third quarter. Nordea Investment Management AB now owns 11,312,752 shares of the semiconductor company’s stock worth $1,512,854,000 after buying an additional 718,178 shares in the last quarter. Institutional investors and hedge funds 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: Susquehanna raised its price target to $350 and kept a “positive” rating — a clear near-term catalyst that boosts upside expectations and helps explain buying interest. Susquehanna price-target raise
• Positive Sentiment: Additional analyst support (Morgan Stanley and other upgrades) and coverage noting Lam’s growth profile are driving momentum and inflows. Recent item-level upgrades pushed sentiment across the sell‑side more positive. Morgan Stanley forecast / analyst upgrades
• Positive Sentiment: Fundamentals supporting the rally: Q2 fiscal 2026 revenue beat and management commentary on AI-driven demand. Investors are treating Lam as a core beneficiary of stronger capex for advanced logic/AI chips. Q2 results and AI demand summary
• Neutral Sentiment: Valuation and momentum are in focus — multiple pieces reassess LRCX after a large one‑year run (questions about whether the rally is fully priced). That keeps trading volatile even as fundamentals look strong. Valuation analysis
• Neutral Sentiment: Broader market swings tied to geopolitical headlines (US–Iran ceasefire optimism ebbing) are creating mixed tape conditions for tech stocks; macro noise can amplify intra‑day moves in LRCX. Market context – US‑Iran ceasefire news
• Negative Sentiment: Significant insider selling has been reported (multiple executives selling sizable blocks), which some investors view as a cautionary sign despite institutional buying elsewhere. Insider selling details
• Negative Sentiment: Zacks downgraded LRCX from “strong-buy” to “hold,” highlighting that not all research houses see further near-term upside and reinforcing the valuation risk narrative. Zacks downgrade

Insider Buying and Selling

In related news, insider Ava Harter sold 4,000 shares of the firm’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $232.50, for a total transaction of $930,000.00. Following the transaction, the insider directly owned 54,705 shares in the company, valued at $12,718,912.50. This trade represents a 6.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Douglas R. Bettinger sold 50,057 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total value of $11,214,269.71. Following the transaction, the chief financial officer owned 1,081,705 shares in the company, valued at $242,334,371.15. This trade represents a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 130,886 shares of company stock worth $29,658,802 over the last ninety days. 0.31% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Evercore set a $275.00 price target on shares of Lam Research in a research report on Thursday, January 29th. Citigroup raised their price target on shares of Lam Research from $265.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. TD Cowen raised their price target on shares of Lam Research from $170.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Sanford C. Bernstein raised their price target on shares of Lam Research from $275.00 to $285.00 and gave the stock an “outperform” rating in a research report on Monday, February 9th. Finally, Rothschild & Co Redburn raised their price target on shares of Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Twenty-seven analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $246.32.

Lam Research Stock Up 5.0%

LRCX stock opened at $258.76 on Friday. Lam Research Corporation has a twelve month low of $61.14 and a twelve month high of $259.00. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $323.13 billion, a P/E ratio of 53.02, a PEG ratio of 2.63 and a beta of 1.78. The firm has a 50 day simple moving average of $227.04 and a 200-day simple moving average of $188.03.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $5.23 billion. During the same period last year, the business posted $0.91 earnings per share. The firm’s revenue for the quarter was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, equities research analysts predict that Lam Research Corporation will post 3.71 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, April 8th. Investors of record on Wednesday, March 4th were paid a dividend of $0.26 per share. The ex-dividend date was Wednesday, March 4th. This represents a $1.04 annualized dividend and a yield of 0.4%. Lam Research’s dividend payout ratio (DPR) is 21.31%.

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.