Midwest Professional Planners LTD. Sells 15,868 Shares of Lam Research Corporation $LRCX

Midwest Professional Planners LTD. trimmed its position in Lam Research Corporation (NASDAQ:LRCX) by 29.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 38,722 shares of the semiconductor company’s stock after selling 15,868 shares during the quarter. Lam Research makes up 1.9% of Midwest Professional Planners LTD.’s holdings, making the stock its 8th largest position. Midwest Professional Planners LTD.’s holdings in Lam Research were worth $8,273,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. PMV Capital Advisers LLC acquired a new position in Lam Research during the fourth quarter worth approximately $25,000. Stance Capital LLC bought a new stake in Lam Research in the third quarter valued at approximately $26,000. Bayban acquired a new stake in shares of Lam Research in the fourth quarter valued at approximately $26,000. Vermillion Wealth Management Inc. acquired a new stake in shares of Lam Research in the first quarter valued at approximately $26,000. Finally, Cedar Mountain Advisors LLC boosted its stake in shares of Lam Research by 242.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 85 shares during the period. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Lam Research Stock Performance

NASDAQ:LRCX opened at $335.43 on Thursday. The stock has a market cap of $419.48 billion, a P/E ratio of 63.29, a PEG ratio of 2.05 and a beta of 1.80. The stock has a 50 day simple moving average of $338.50 and a 200 day simple moving average of $267.63. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. Lam Research Corporation has a 1-year low of $90.93 and a 1-year high of $438.50.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The business had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. During the same period in the previous year, the company posted $1.04 EPS. The firm’s quarterly 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. Research analysts anticipate that Lam Research Corporation will post 5.68 earnings per share for the current year.

Lam Research Dividend Announcement

The firm also recently announced 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 payout ratio is presently 19.62%.

Insider Buying and Selling at Lam Research

In other Lam Research news, insider Ava Harter sold 6,010 shares of Lam Research stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $258.66, for a total value of $1,554,546.60. Following the completion of the sale, the insider owned 53,205 shares in the company, valued at $13,762,005.30. The trade was a 10.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the business’s stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $335.00, for a total transaction of $6,124,470.00. Following the completion of the sale, the director directly owned 87,142 shares of the company’s stock, valued at $29,192,570. This represents a 17.34% decrease in their position. 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. Over the last ninety days, insiders have sold 104,621 shares of company stock valued at $33,804,737. 0.31% of the stock is currently owned by insiders.

Lam Research News Roundup

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

• Positive Sentiment: TD Cowen raised its price target on Lam Research and reiterated a Buy rating, reinforcing the view that the company remains well positioned in the semiconductor equipment cycle. TD Cowen Raises PT on Lam Research (LRCX), Keeps a Buy
• Positive Sentiment: Morgan Stanley listed Lam Research among its top stock picks, citing expectations for strong earnings and continued strength in chip-equipment spending. Buy GE Vernova, Lam Research, United Airlines stocks: Morgan Stanley
• Positive Sentiment: Mizuho lifted its price target on LRCX to $400 from $380 and kept an Outperform rating, saying AI demand should support wafer fab equipment spending for years. Mizuho Raises its Price Target on Lam Research Corporation (LRCX)
• Positive Sentiment: Market commentary continues to point to improving sentiment across semiconductor-equipment names ahead of Lam Research’s late-July earnings report, which is helping buyers step in. Lam Research Rises as Chip-Equipment Sentiment Improves Ahead of Earnings
• Neutral Sentiment: Media coverage from Jim Cramer and others has kept Lam Research in focus, but these stories largely echo the same bullish AI narrative rather than adding new fundamental news. Jim Cramer Shares Why am Research Corporation (LRCX) is on Fire
• Negative Sentiment: One recent headwind is a director sale of 18,282 shares, which can modestly weigh on sentiment even though the transaction was made under a pre-arranged 10b5-1 plan. Lam Research director stock sale
• Negative Sentiment: There is still some near-term caution around semiconductor volatility and cooling AI memory enthusiasm, which could limit upside if capital spending softens. Lam Research (LRCX) Stock Slides As AI Memory Boom Loses Steam

Wall Street Analyst Weigh In

LRCX has been the topic of a number of recent analyst reports. Stifel Nicolaus boosted their target price on Lam Research from $325.00 to $425.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Sanford C. Bernstein raised their price target on Lam Research from $325.00 to $340.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Bank of America lifted their price objective on shares of Lam Research from $330.00 to $480.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Deutsche Bank Aktiengesellschaft upped their price objective 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. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $290.00 price objective on shares of Lam Research in a research report on Thursday, April 23rd. Twenty-eight equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $358.67.

Lam Research 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.