FNY Investment Advisers LLC Makes New $1.73 Million Investment in Lam Research Corporation $LRCX

FNY Investment Advisers LLC purchased a new stake in Lam Research Corporation (NASDAQ:LRCX) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,000 shares of the semiconductor company’s stock, valued at approximately $1,733,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GSG Advisors LLC lifted its stake in Lam Research by 3.1% in the 1st quarter. GSG Advisors LLC now owns 1,387 shares of the semiconductor company’s stock worth $296,000 after acquiring an additional 42 shares in the last quarter. First County Bank CT lifted its position in shares of Lam Research by 1.7% in the second quarter. First County Bank CT now owns 2,483 shares of the semiconductor company’s stock worth $1,076,000 after purchasing an additional 42 shares in the last quarter. Valued Wealth Advisors LLC boosted its holdings in shares of Lam Research by 7.9% during the first quarter. Valued Wealth Advisors LLC now owns 589 shares of the semiconductor company’s stock worth $126,000 after purchasing an additional 43 shares during the period. Greenup Street Wealth Management LLC boosted its holdings in shares of Lam Research by 1.8% during the first quarter. Greenup Street Wealth Management LLC now owns 2,433 shares of the semiconductor company’s stock worth $520,000 after purchasing an additional 44 shares during the period. Finally, Triumph Capital Management grew its position in Lam Research by 22.5% during the fourth quarter. Triumph Capital Management now owns 245 shares of the semiconductor company’s stock valued at $42,000 after purchasing an additional 45 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research News Summary

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

• Positive Sentiment: Strong earnings and guidance support the AI equipment outlook. Lam Research reported quarterly EPS of $1.82, ahead of the approximately $1.69–$1.70 analyst estimate, while revenue reached $6.72 billion. Management’s next-quarter outlook, centered around roughly $2.15 EPS, was also well above the Street’s $1.84 expectation. Lam Research Soars After Earnings
• Positive Sentiment: The semiconductor equipment cycle may have further room to run. Lam’s order trends and earnings commentary suggest the AI chipmaking supercycle remains intact. Higher capital-spending plans from Taiwan Semiconductor and an optimistic outlook from Intel could support demand for wafer-fabrication equipment, with advanced packaging and testing identified as particularly attractive growth areas. Lam Research’s Latest Earnings Report
• Positive Sentiment: Broader AI infrastructure investment could create additional industry demand. Tesla’s planned $16.8 billion chip and AI-computing complex could benefit semiconductor manufacturers and equipment suppliers over time, although the article does not identify a direct Lam Research contract. Tesla’s Chip Bet
• Neutral Sentiment: Recent stock screens and growth-at-a-reasonable-price commentary continue to feature LRCX, while comparisons with Accenture emphasize Lam’s relatively steady revenue growth. These mentions may improve visibility but do not represent new company-specific catalysts. Accenture vs. Lam Research
• Negative Sentiment: Valuation is limiting enthusiasm. Following the earnings-related rebound, commentary noted that LRCX trades at the upper end of its historical forward-earnings range. Analysts also have conflicting views, increasing the potential for profit-taking after the recent rally. Conflicting Analyst Sentiment

Insider Activity at Lam Research

In other Lam Research news, SVP Neil J. Fernandes sold 7,659 shares of the company’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 completion of the sale, the senior vice president directly owned 58,470 shares in the company, valued at $18,102,312. This represents a 11.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 value of $19,118,600.00. Following the completion of the sale, the director directly owned 199,205 shares in the company, valued at approximately $69,881,114. This represents a 21.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 80,441 shares of company stock worth $27,614,296. 0.31% of the stock is owned by insiders.

Lam Research Stock Down 0.5%

LRCX opened at $305.77 on Friday. The business has a 50 day moving average price of $340.03 and a 200 day moving average price of $279.42. Lam Research Corporation has a twelve month low of $94.11 and a twelve month high of $438.50. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63. The firm has a market cap of $382.39 billion, a P/E ratio of 53.09, a price-to-earnings-growth ratio of 1.23 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, beating the consensus estimate of $1.69 by $0.13. Lam Research had a return on equity of 67.60% and a net margin of 31.27%.The company had revenue of $6.72 billion for the quarter, compared to the consensus estimate of $6.66 billion. During the same quarter last year, the company posted $1.33 earnings per share. The company’s revenue for the quarter was up 30.0% compared to the same quarter last year. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Research analysts forecast that Lam Research Corporation will post 9.24 EPS for the current year.

Lam Research Dividend Announcement

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

Analysts Set New Price Targets

A number of research firms have issued reports on LRCX. Needham & Company LLC reiterated a “buy” rating and issued a $390.00 target price on shares of Lam Research in a research report on Thursday, July 30th. Barclays restated an “overweight” rating and set a $335.00 price target (up from $275.00) on shares of Lam Research in a report on Thursday, June 11th. Royal Bank Of Canada upped their price target on shares of Lam Research from $290.00 to $310.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Oppenheimer reaffirmed an “outperform” rating and set a $400.00 price target (up from $330.00) on shares of Lam Research in a research note on Monday, June 15th. Finally, Weiss Ratings raised shares of Lam Research from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $358.47.

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.