Lam Research Corporation $LRCX Shares Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC raised its stake in Lam Research Corporation (NASDAQ:LRCX) by 7.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 90,715 shares of the semiconductor company’s stock after purchasing an additional 6,315 shares during the quarter. Park Avenue Securities LLC’s holdings in Lam Research were worth $29,801,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Segment Wealth Management LLC lifted its holdings in shares of Lam Research by 1.7% in the third quarter. Segment Wealth Management LLC now owns 12,270 shares of the semiconductor company’s stock valued at $4,031,000 after purchasing an additional 200 shares in the last quarter. Flagship Harbor Advisors LLC boosted its position in shares of Lam Research by 9.7% during the third quarter. Flagship Harbor Advisors LLC now owns 1,153 shares of the semiconductor company’s stock valued at $379,000 after buying an additional 102 shares during the last quarter. RD Finance Ltd bought a new stake in Lam Research during the third quarter worth $858,000. Deroy & Devereaux Private Investment Counsel Inc. grew its holdings in Lam Research by 0.4% during the third quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 130,176 shares of the semiconductor company’s stock worth $42,764,000 after buying an additional 559 shares in the last quarter. Finally, Westover Capital Advisors LLC grew its holdings in Lam Research by 13.8% during the third quarter. Westover Capital Advisors LLC now owns 9,371 shares of the semiconductor company’s stock worth $3,078,000 after buying an additional 1,139 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Key Lam Research News

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

• Positive Sentiment: Lam Research stock gained despite a Citi price-target cut, suggesting investor confidence in the company’s fundamentals and AI-related demand outweighed the more cautious valuation view. Lam Research Stocks Gain 4.3% Despite Citi’s Target Cut
• Positive Sentiment: An analyst upgraded Lam Research, arguing that the stock’s decline has improved its risk-reward profile and that the underlying financial outlook has strengthened. Lam Research: Down 29% Since My Sell Call, But The Math Has Changed
• Positive Sentiment: An analyst raised the company’s fiscal 2027 EPS forecast, reinforcing expectations for continued earnings growth. FY2027 EPS Forecast for Lam Research Raised by Analyst
• Positive Sentiment: Long-term investment analyses remain bullish, citing strong cash flow, semiconductor demand and exposure to artificial-intelligence infrastructure as potential drivers of further upside. Lam Research vs. AMAT and KLAC Why Lam Research Is a Top Growth Stock
• Neutral Sentiment: A roundup of analyst actions involving LRCX indicates changing Wall Street views, but the specific recommendations and targets were mixed. Analyst Upgrades and Downgrades
• Neutral Sentiment: Reported short interest totaled zero shares, implying no measurable short-selling pressure; however, the unusual figure may reflect a reporting or data issue rather than a meaningful market signal.
• Negative Sentiment: Citi’s lower price target highlights valuation and near-term uncertainty, creating a potential headwind even though the broader market reaction was positive. Analysts Offer Insights on Lam Research
• Negative Sentiment: Recent weakness across AI and chip stocks, along with concerns about supply constraints and sharp sector corrections, shows that LRCX remains exposed to elevated semiconductor volatility. Chip Stocks to Buy After Their Worst Day Since June

Insider Activity

In other news, insider Ava Harter sold 5,000 shares of the firm’s stock in a transaction 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 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 transaction was disclosed in a filing with the SEC, which can be accessed 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 on Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the sale, the director directly owned 20,995 shares of the company’s stock, valued at $6,607,966.30. This represents a 31.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.31% of the stock is currently owned by insiders.

Lam Research Stock Performance

Shares of Lam Research stock opened at $237.50 on Tuesday. The business’s fifty day simple moving average is $302.39 and its 200 day simple moving average is $282.90. The firm has a market capitalization of $296.68 billion, a P/E ratio of 35.39, a price-to-earnings-growth ratio of 0.86 and a beta of 1.85. Lam Research Corporation has a 12 month low of $135.50 and a 12 month high of $438.50. The company has a current ratio of 2.48, a quick ratio of 1.86 and a debt-to-equity ratio of 0.27.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, October 21st. The semiconductor company reported $2.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.18 by $0.02. The business had revenue of $8.22 billion during the quarter, compared to the consensus estimate of $8.14 billion. Lam Research had a return on equity of 72.15% and a net margin of 32.34%. The business’s revenue for the quarter was up 54.4% on a year-over-year basis. During the same period last year, the business posted $1.26 earnings per share. As a group, analysts anticipate that Lam Research Corporation will post 9.48 EPS for the current year.

Lam Research Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd were issued a dividend of $0.33 per share. 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. This represents a $1.32 annualized dividend and a dividend yield of 0.6%. Lam Research’s payout ratio is presently 19.67%.

Analysts Set New Price Targets

A number of research firms recently commented on LRCX. Citigroup reissued a “buy” rating and issued a $435.00 price target (down from $450.00) on shares of Lam Research in a research report on Thursday. Evercore set a $315.00 price objective on shares of Lam Research in a report on Tuesday, October 20th. Morgan Stanley set a $339.00 target price on shares of Lam Research and gave the stock an “overweight” rating in a research note on Thursday. Stifel Nicolaus increased their target price on shares of Lam Research from $325.00 to $425.00 and gave the company a “buy” rating in a report on Friday, July 10th. Finally, B. Riley Financial increased their target price on shares of Lam Research from $350.00 to $390.00 and gave the company a “buy” rating in a report on Thursday, October 1st. Twenty-six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Lam Research currently has a consensus rating of “Moderate Buy” and an average target price of $360.23.

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.