Insider Selling: Lam Research (NASDAQ:LRCX) Director Sells $3,007,970.18 in Stock

Lam Research Corporation (NASDAQ:LRCX) Director Bethany Mayer sold 9,557 shares of the company’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total value of $3,007,970.18. Following the transaction, the director owned 20,995 shares of the company’s stock, valued at approximately $6,607,966.30. This represents a 31.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Lam Research Stock Performance

NASDAQ:LRCX opened at $298.22 on Friday. The stock has a market cap of $373.17 billion, a P/E ratio of 51.77, a price-to-earnings-growth ratio of 1.18 and a beta of 1.85. The firm’s fifty day simple moving average is $313.37 and its 200 day simple moving average is $293.82. Lam Research Corporation has a twelve month low of $115.88 and a twelve month high of $438.50. 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 (NASDAQ:LRCX) last issued its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.13. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The business had revenue of $6.72 billion for the quarter, compared to the consensus estimate of $6.66 billion. During the same period in the previous year, the firm earned $1.33 EPS. The company’s quarterly revenue 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. As a group, research analysts predict that Lam Research Corporation will post 9.33 EPS for the current year.

Lam Research Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd will be given a dividend of $0.33 per share. This is an increase from Lam Research’s previous quarterly dividend of $0.26. This represents a $1.32 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Wednesday, September 23rd. Lam Research’s dividend payout ratio is presently 18.06%.

Hedge Funds Weigh In On Lam Research

Hedge funds and other institutional investors have recently modified their holdings of the company. Bayban bought a new position in Lam Research in the fourth quarter valued at about $26,000. Vermillion Wealth Management Inc. purchased a new position in Lam Research in the first quarter worth about $26,000. Cedar Mountain Advisors LLC grew 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 valued at $26,000 after purchasing an additional 85 shares during the period. Paladin Partners LLC bought a new stake in shares of Lam Research during the 2nd quarter valued at about $26,000. Finally, Mcguire Capital Advisors Inc. purchased a new stake in shares of Lam Research during the 4th quarter valued at about $27,000. 84.61% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on LRCX. Jefferies Financial Group set a $335.00 target price on Lam Research and gave the company a “buy” rating in a research note on Thursday, July 30th. HSBC reaffirmed a “hold” rating and set a $333.00 price target on shares of Lam Research in a report on Monday, July 27th. Cantor Fitzgerald set a $500.00 price objective on Lam Research and gave the company an “overweight” rating in a research report on Monday, June 29th. Evercore reiterated an “outperform” rating and issued a $355.00 price objective on shares of Lam Research in a report on Monday, July 20th. Finally, Raymond James Financial set a $425.00 target price on Lam Research in a research report on Wednesday, June 10th. One 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. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $361.81.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Industry forecasts remain favorable for Lam Research. Global wafer-fabrication-equipment spending is expected to rise 16.9% to $135.2 billion in 2026, while stronger DRAM, NAND and high-bandwidth-memory investment tied to artificial-intelligence infrastructure could particularly benefit Lam’s memory-focused equipment business. 3 Chip Equipment Stocks Set to Win the Memory Boom
• Positive Sentiment: Lam Research returned approximately $5.12 billion to shareholders in fiscal 2026 through share repurchases and dividends. Its 27% dividend increase, strong earnings growth and wide competitive moat provide longer-term support for the stock. Lam Research Returns $5B+ to Shareholders in FY26
• Positive Sentiment: The company’s latest quarterly results exceeded consensus expectations, with earnings of $1.82 per share and revenue of $6.72 billion. Revenue increased 30% year over year, and management’s fiscal first-quarter 2027 earnings guidance indicates continued growth potential.
• Neutral Sentiment: Lam Research’s presentation at the Goldman Sachs Communacopia + Technology Conference may provide investors with additional commentary on memory demand, artificial-intelligence-related capacity expansion and the equipment cycle, but no major new financial announcement was reported.
• Neutral Sentiment: Reported short interest was zero shares with zero days to cover. The figures appear potentially unreliable and do not indicate meaningful short-selling pressure.
• Negative Sentiment: Director Bethany Mayer sold 9,557 shares for about $3.0 million, reducing her direct ownership by 31.28%. Although one insider sale does not establish a fundamental problem, it may weigh modestly on sentiment. SEC insider transaction filing
• Negative Sentiment: The recent decline has pushed LRCX below its 50-day moving average of approximately $314.44, while its price-to-earnings ratio near 52 leaves the stock vulnerable to profit-taking when semiconductor or macroeconomic sentiment weakens.

Lam Research Company Profile

Lam Research Corporation is a semiconductor equipment company that develops and manufactures systems used in the fabrication of integrated circuits. Its equipment supports key wafer-processing steps, including deposition, etch, wafer cleaning, and related processes used to create and connect the microscopic features found on semiconductor devices.

The company serves semiconductor manufacturers producing a range of products, including memory, logic, and specialty chips. In addition to manufacturing equipment, Lam Research provides installation, maintenance, spare parts, upgrades, technical support, and other services intended to help customers operate and improve their fabrication facilities.

Founded in 1980, Lam Research is headquartered in Fremont, California, and serves customers through a global network of offices, engineering facilities, and support operations.