3,649 Lam Research Corporation $LRCX Shares Sold by Guyasuta Investment Advisors Inc.

Guyasuta Investment Advisors Inc. lessened its stake in Lam Research Corporation (NASDAQ:LRCX) by 26.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 10,141 shares of the semiconductor company’s stock after selling 3,649 shares during the period. Guyasuta Investment Advisors Inc.’s holdings in Lam Research were worth $3,331,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in LRCX. Polaris Financial Partners acquired a new stake in shares of Lam Research in the 3rd quarter valued at about $4,814,000. Bank of America Corp DE increased its position in Lam Research by 5.5% in the 2nd quarter. Bank of America Corp DE now owns 11,244,147 shares of the semiconductor company’s stock valued at $4,872,426,000 after buying an additional 584,489 shares in the last quarter. Rokos Capital Management LLP raised its stake in Lam Research by 42.0% during the 1st quarter. Rokos Capital Management LLP now owns 259,921 shares of the semiconductor company’s stock worth $55,532,000 after buying an additional 76,840 shares during the period. Aware Super Pty Ltd as trustee of Aware Super acquired a new position in Lam Research during the 1st quarter worth approximately $59,973,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in Lam Research during the 1st quarter worth approximately $26,489,000. Institutional investors own 84.61% of the company’s stock.

Insider Activity at Lam Research

In related news, insider Ava Harter sold 5,000 shares of Lam Research stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the transaction, the insider owned 42,462 shares of the company’s stock, valued at $12,843,056.52. The trade was a 10.53% decrease in their ownership of the stock. The sale was disclosed in a filing 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 Bethany Mayer sold 9,557 shares of the company’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total value of $3,007,970.18. Following the sale, the director owned 20,995 shares of the company’s stock, valued at $6,607,966.30. This trade represents a 31.28% decrease in their position. The SEC filing for this sale provides additional information. 0.31% of the stock is owned by insiders.

Lam Research Price Performance

Shares of NASDAQ LRCX opened at $277.46 on Friday. Lam Research Corporation has a fifty-two week low of $135.50 and a fifty-two week high of $438.50. The stock has a market cap of $347.22 billion, a price-to-earnings ratio of 48.17, a PEG ratio of 1.14 and a beta of 1.85. 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’s 50-day simple moving average is $309.98 and its 200 day simple moving average is $308.35.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results 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. The business had revenue of $6.72 billion during the quarter, compared to the consensus estimate of $6.66 billion. Lam Research had a return on equity of 67.60% and a net margin of 31.27%. The company’s quarterly revenue was up 30.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, research analysts anticipate that Lam Research Corporation will post 9.34 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd were issued a $0.33 dividend. This is a boost from Lam Research’s previous quarterly dividend of $0.26. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Wednesday, September 23rd. Lam Research’s dividend payout ratio is 22.92%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on LRCX. B. Riley Financial increased their price target on Lam Research from $350.00 to $390.00 and gave the stock a “buy” rating in a report on Thursday, October 1st. UBS Group decreased their price objective on Lam Research from $435.00 to $425.00 and set a “buy” rating for the company in a report on Tuesday, September 1st. Zacks Research upgraded Lam Research from a “hold” rating to a “strong-buy” rating in a report on Friday, July 17th. HSBC reaffirmed a “hold” rating and set a $333.00 target price on shares of Lam Research in a research report on Monday, July 27th. Finally, Mizuho cut their target price on Lam Research from $370.00 to $365.00 and set an “outperform” rating on the stock in a report on Tuesday, August 25th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $364.59.

Trending Headlines about Lam Research

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

• Positive Sentiment: Analysts continue to see substantial recovery potential, with Benzinga’s 22-analyst consensus target of $346 implying roughly 26% upside. Separately, Wall Street estimates point to approximately 25.6% potential upside, supported by upward earnings-estimate revisions. Lam Research Stock Hits Longest Losing Streak Ever: Are There Buyers Around?
• Positive Sentiment: Lam Research is integrating NVIDIA’s NanoVDB open-source library into its SEMulator3D platform, aiming to accelerate GPU-based wafer-etch modeling and support more efficient AI-driven chip design and manufacturing. The collaboration reinforces the company’s exposure to AI-factory investment. Lam Research Ties AI Fab Push to Faster SEMulator3D Modeling
• Positive Sentiment: Twenty-four exchange-traded funds added to their Lam Research holdings on October 13, indicating continued institutional demand despite the recent weakness. 24 ETFs Add to Lam Research Holdings
• Neutral Sentiment: Lam Research is scheduled to report results on October 21. Investors are likely looking for updates on semiconductor equipment demand, AI-related spending and forward guidance before reassessing the stock’s outlook. Lam Research Stock Ahead of October 21 Results
• Negative Sentiment: Hotter-than-expected inflation data intensified concerns that elevated borrowing costs could restrain AI infrastructure investment, pressuring Lam Research and other semiconductor-related stocks. Semiconductor Stocks Trade Down on Inflation Concerns
• Negative Sentiment: LRCX is on course for a ninth consecutive decline, its longest losing streak since 1984, reflecting persistent selling pressure and heightened investor caution ahead of earnings. Lam Research Shares Tumble for Seven Consecutive Sessions

Lam Research Company Profile

Lam Research Corporation is a semiconductor equipment company that designs, manufactures, and services systems used in the fabrication of integrated circuits and other electronic devices. Its equipment supports key steps in the wafer manufacturing process, helping semiconductor producers create increasingly small and complex features on silicon wafers.

The company’s portfolio includes systems for etch, deposition, wafer cleaning, surface preparation, and related manufacturing processes.