Harfst & Associates Inc. Sells 2,591 Shares of Lam Research Corporation $LRCX

Harfst & Associates Inc. reduced its stake in Lam Research Corporation (NASDAQ:LRCX) by 9.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,906 shares of the semiconductor company’s stock after selling 2,591 shares during the quarter. Lam Research comprises approximately 0.7% of Harfst & Associates Inc.’s holdings, making the stock its 20th largest position. Harfst & Associates Inc.’s holdings in Lam Research were worth $4,092,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in LRCX. Fideuram Asset Management Ireland dac purchased a new stake in shares of Lam Research during the fourth quarter valued at $10,035,000. Generali Investments Management Co LLC boosted its position in shares of Lam Research by 62.0% during the fourth quarter. Generali Investments Management Co LLC now owns 36,274 shares of the semiconductor company’s stock valued at $6,209,000 after buying an additional 13,878 shares during the last quarter. Thoroughbred Financial Services LLC boosted its position in shares of Lam Research by 115.2% during the third quarter. Thoroughbred Financial Services LLC now owns 22,198 shares of the semiconductor company’s stock valued at $2,972,000 after buying an additional 11,883 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Lam Research by 0.3% during the third quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock valued at $17,537,447,000 after buying an additional 364,949 shares during the last quarter. Finally, Penserra Capital Management LLC raised its stake in Lam Research by 40.8% during the 3rd quarter. Penserra Capital Management LLC now owns 353,460 shares of the semiconductor company’s stock valued at $47,325,000 after buying an additional 102,497 shares during the last quarter. 84.61% of the stock is owned by institutional investors.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Lam Research’s appearance at a major technology conference may reinforce investor confidence in its AI and semiconductor spending outlook, especially as customers continue investing in advanced chip manufacturing equipment. Lam Research Corporation (LRCX) Presents at Bank of America 2026 Global Technology Conference Transcript
• Positive Sentiment: Recent coverage highlighting Lam Research as a top long-term stock and a potential market outperformer is adding to bullish sentiment around the name. Why Lam Research (LRCX) is a Top Stock for the Long-Term
• Positive Sentiment: Analysts remain constructive on Lam Research’s long-term prospects, citing strong performance versus the broader market and favorable expectations for its business. Is Lam Research Stock Outperforming the S&P 500?
• Neutral Sentiment: An insider sale by SVP Neil J. Fernandes was disclosed, but it was made under a pre-arranged 10b5-1 trading plan, which usually limits how much investors read into the transaction. Lam Research insider trade filing
• Neutral Sentiment: Several articles point to Lam Research’s strong valuation and prior outperformance, but they also suggest investors are waiting for continued execution and earnings growth to justify further gains. Lam Research stock information

Insider Buying and Selling at Lam Research

In other news, insider Ava Harter sold 6,010 shares of the company’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $258.66, for a total value of $1,554,546.60. Following the completion of the sale, the insider directly owned 53,205 shares in the company, valued at $13,762,005.30. This represents a 10.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Neil J. Fernandes sold 7,659 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the completion of the transaction, the senior vice president directly owned 58,470 shares of the company’s stock, valued at $18,102,312. This represents a 11.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 31,839 shares of company stock valued at $8,561,667 over the last 90 days. 0.31% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on LRCX. JPMorgan Chase & Co. boosted their target price on shares of Lam Research from $300.00 to $315.00 and gave the company an “overweight” rating in a research note on Thursday, April 23rd. TD Cowen boosted their target price on shares of Lam Research from $290.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. B. Riley Financial boosted their target price on shares of Lam Research from $350.00 to $375.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. HSBC boosted their target price on shares of Lam Research from $221.00 to $247.00 and gave the company a “hold” rating in a research note on Friday, April 24th. Finally, Wells Fargo & Company reiterated an “overweight” rating and set a $575.00 target price (up from $320.00) on shares of Lam Research in a research note on Monday. Twenty-seven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Lam Research currently has an average rating of “Moderate Buy” and a consensus target price of $303.30.

Lam Research Trading Up 5.5%

NASDAQ:LRCX opened at $334.41 on Wednesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. The firm has a market capitalization of $418.20 billion, a price-to-earnings ratio of 63.10, a price-to-earnings-growth ratio of 2.63 and a beta of 1.85. Lam Research Corporation has a one year low of $81.95 and a one year high of $335.55. The business has a fifty day moving average price of $265.55 and a 200-day moving average price of $222.29.

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

Lam Research Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Wednesday, June 17th. Lam Research’s dividend payout ratio is 19.62%.

Lam Research Profile

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.