Lam Research Corporation $LRCX Shares Sold by FourThought Financial Partners LLC

FourThought Financial Partners LLC trimmed its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 6.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,372 shares of the semiconductor company’s stock after selling 2,077 shares during the period. FourThought Financial Partners LLC’s holdings in Lam Research were worth $5,199,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of LRCX. Brighton Jones LLC grew its position in shares of Lam Research by 1,032.4% in the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after buying an additional 12,936 shares during the last quarter. Caxton Associates LLP purchased a new position in shares of Lam Research during the first quarter worth about $239,000. Gabelli Funds LLC acquired a new stake in shares of Lam Research during the second quarter worth about $253,000. NewEdge Advisors LLC grew its stake in Lam Research by 2.7% during the 2nd quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock worth $9,785,000 after buying an additional 2,661 shares during the last quarter. Finally, Osterweis Capital Management Inc. increased its position in Lam Research by 5,206.7% during the second quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock worth $77,000 after buying an additional 781 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on LRCX shares. Morgan Stanley raised Lam Research from an “underweight” rating to an “overweight” rating and increased their price objective for the company from $293.00 to $331.00 in a report on Monday. UBS Group set a $300.00 price target on shares of Lam Research in a research report on Thursday, January 29th. Berenberg Bank increased their target price on shares of Lam Research from $265.00 to $335.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Stifel Nicolaus boosted their price target on Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $320.00 target price on shares of Lam Research in a research note on Thursday, April 23rd. Twenty-seven research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, Lam Research has an average rating of “Moderate Buy” and a consensus target price of $292.97.

Lam Research Stock Performance

Shares of LRCX stock opened at $292.09 on Thursday. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. The stock has a 50 day simple moving average of $250.60 and a 200-day simple moving average of $213.69. The company has a market cap of $365.28 billion, a price-to-earnings ratio of 55.11, a price-to-earnings-growth ratio of 2.26 and a beta of 1.81. Lam Research Corporation has a 12-month low of $79.49 and a 12-month high of $302.00.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The firm had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. During the same period in the previous year, the business earned $1.04 earnings per share. The company’s revenue for the quarter was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, equities analysts forecast that Lam Research Corporation will post 5.67 EPS for the current year.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Morgan Stanley upgraded Lam Research (LRCX) to Overweight after raising its wafer-fab equipment industry outlook, signaling stronger expected demand across the semiconductor equipment cycle. LRCX Overweight: How Lam Research Is Poised to Outperform the $149B WFE Market
• Positive Sentiment: Lam Research raised its WFE outlook amid surging AI chip demand, with commentary pointing to record quarterly revenue and EPS strength, which supports the case for continued system-sales growth. LRCX Ups WFE View Amid AI Demand: Can It Lift Systems Revenues?
• Positive Sentiment: Bernstein lifted price targets on LRCX after increasing global WFE spending forecasts, citing better prospects for memory expansion in China and elsewhere. Bernstein lifts price targets on LRCX and KLAC after lifting WFE forecasts
• Positive Sentiment: Lam Research opened a new research lab in Salzburg, Austria, to advance chip-packaging technology aimed at increasing chip density and lowering costs, reinforcing its exposure to AI-related advanced packaging demand. Lam Research opens Austria lab to advance chip packaging, cut costs
• Neutral Sentiment: Industry coverage highlighted Lam Research as one of the key semiconductor equipment “picks-and-shovels” plays behind the memory and AI manufacturing boom, which supports the long-term bull case but is more thematic than immediately actionable. Forget the Memory Chip Arms Race. The Real Trade Is the 3 Equipment Companies Every Chipmaker Must Pay First
• Neutral Sentiment: TipRanks said Lam Research is riding the AI wave to a record quarter, but this mainly reinforces the already-positive earnings narrative rather than adding a new catalyst. Lam Research Rides AI Wave to Record Quarter
• Negative Sentiment: One Zacks comparison argued that Applied Materials may have an edge over LRCX because of more diversified tools, AI software, and a cheaper valuation, which could temper enthusiasm around Lam versus peers. Lam Research vs. Applied Materials: Which AI Chip Stock Has the Edge?

Insider Transactions at Lam Research

In other news, SVP Neil J. Fernandes sold 18,170 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $255.14, for a total value of $4,635,893.80. Following the completion of the transaction, the senior vice president owned 66,129 shares in the company, valued at $16,872,153.06. This trade represents a 21.55% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Douglas R. Bettinger sold 50,057 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the completion of the sale, the chief financial officer owned 1,081,705 shares of the company’s stock, valued at $242,334,371.15. This trade represents a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 120,066 shares of company stock valued at $27,953,242 in the last ninety days. 0.31% of the stock is currently owned by company insiders.

About Lam Research

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.