19,914 Lam Research Corporation $LRCX Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC trimmed its position in Lam Research Corporation (NASDAQ:LRCX) by 5.2% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 359,468 shares of the semiconductor company’s stock after selling 19,914 shares during the period. Lam Research comprises approximately 0.3% of Nisa Investment Advisors LLC’s holdings, making the stock its 24th largest holding. Nisa Investment Advisors LLC’s holdings in Lam Research were worth $118,209,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in LRCX. World Equity Group Inc. raised its position in shares of Lam Research by 0.5% during the second quarter. World Equity Group Inc. now owns 5,576 shares of the semiconductor company’s stock worth $2,416,000 after acquiring an additional 29 shares during the last quarter. Vann Equity Management LLC boosted its holdings in Lam Research by 1.1% in the third quarter. Vann Equity Management LLC now owns 2,873 shares of the semiconductor company’s stock valued at $944,000 after acquiring an additional 31 shares during the last quarter. Tenzing Financial LLC boosted its holdings in Lam Research by 3.5% in the second quarter. Tenzing Financial LLC now owns 1,018 shares of the semiconductor company’s stock valued at $441,000 after acquiring an additional 34 shares during the last quarter. Advus Financial Partners LLC boosted its holdings in Lam Research by 1.0% in the second quarter. Advus Financial Partners LLC now owns 3,578 shares of the semiconductor company’s stock valued at $1,550,000 after acquiring an additional 34 shares during the last quarter. Finally, Paragon Private Wealth Management LLC increased its position in Lam Research by 1.3% in the second quarter. Paragon Private Wealth Management LLC now owns 2,719 shares of the semiconductor company’s stock worth $1,178,000 after purchasing an additional 35 shares during the period. 84.61% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have weighed in on LRCX shares. HSBC reissued a “hold” rating and set a $333.00 price objective on shares of Lam Research in a report on Monday, July 27th. Cantor Fitzgerald set a $500.00 target price on shares of Lam Research and gave the company an “overweight” rating in a research note on Monday, June 29th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $375.00 price target on shares of Lam Research in a research report on Monday. Wells Fargo & Company reiterated an “overweight” rating and set a $350.00 price target (down from $450.00) on shares of Lam Research in a research report on Thursday, July 30th. Finally, Fundamental Research set a $390.00 price target on shares of Lam Research in a research note on Thursday, October 1st. 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 stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $365.07.

Insider Activity at Lam Research

In other Lam Research news, insider Ava Harter sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the sale, the insider directly owned 42,462 shares in the company, valued at approximately $12,843,056.52. This trade represents a 10.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 9,557 shares of Lam Research stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the completion of the transaction, the director directly owned 20,995 shares in the company, valued at approximately $6,607,966.30. The trade was a 31.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.31% of the company’s stock.

Lam Research News Summary

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

• Positive Sentiment: Analysts at Zacks said Lam Research has a strong history of earnings surprises and currently has the key indicators that could support another quarterly beat. The company previously reported record quarterly revenue of $6.72 billion, up 30% year over year, and guided to approximately $8.10 billion in revenue and $2.15 in non-GAAP EPS for the September quarter. Why Lam Research Is Poised to Beat Earnings Estimates Again
• Positive Sentiment: Longer-term demand remains tied to artificial-intelligence infrastructure, advanced memory, 5G and automotive chips. Lam’s customer-support and service revenue also provides some recurring business and may help moderate semiconductor-cycle volatility. The Bull Case for Lam Research
• Neutral Sentiment: Expectations are elevated after a roughly 53% year-to-date rally and strong prior results. Investors will focus on whether revenue growth, earnings and management’s outlook justify the stock’s premium valuation. Lam Research Nears Earnings After a 53% Year-to-Date Rally
• Negative Sentiment: Evercore lowered its price target before earnings, adding pressure to the shares and signaling that near-term upside expectations may have become too demanding. Lam Research Shares Fall as Evercore Cuts Target
• Negative Sentiment: Investors are also concerned that semiconductor capital spending in 2027 may not keep pace with the optimism surrounding the AI buildout. Weakness across chip-equipment stocks suggests the move is partly sector-driven rather than caused by a new company-specific announcement. Lam Research Slips Ahead of Earnings
• Negative Sentiment: Reported insider activity shows sales without purchases over the past six months, which may reinforce caution, although such transactions can reflect scheduled diversification rather than a direct view on the company’s prospects.

Lam Research Stock Down 3.2%

NASDAQ:LRCX opened at $263.45 on Wednesday. Lam Research Corporation has a 1 year low of $135.50 and a 1 year high of $438.50. The stock has a 50-day moving average price of $307.38 and a two-hundred day moving average price of $309.50. The stock has a market cap of $329.69 billion, a price-to-earnings ratio of 45.74, a PEG ratio of 1.08 and a beta of 1.85. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $6.66 billion. During the same quarter last year, the firm posted $1.33 earnings per share. Lam Research’s 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, equities analysts expect that Lam Research Corporation will post 9.35 earnings per share for the current year.

Lam Research Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd were paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, September 23rd. This is a positive change from Lam Research’s previous quarterly dividend of $0.26. Lam Research’s dividend payout ratio (DPR) is currently 22.92%.

Lam Research Company Profile

Lam Research Corporation (NASDAQ:LRCX) is a semiconductor equipment company that develops and manufactures systems used to fabricate integrated circuits. Its technologies support key stages of wafer processing, helping semiconductor manufacturers create the increasingly complex structures found in memory, logic and other types of chips.

The company’s product portfolio includes etch systems, which selectively remove materials from wafers; deposition systems, which apply thin films; and cleaning solutions used to remove contaminants and residue during manufacturing.