Childress Capital Advisors LLC Trims Stock Holdings in Lam Research Corporation $LRCX

Childress Capital Advisors LLC cut its holdings in Lam Research Corporation (NASDAQ:LRCX) by 7.8% in the 1st quarter, Holdings Channel reports. The institutional investor owned 30,370 shares of the semiconductor company’s stock after selling 2,553 shares during the period. Lam Research accounts for 1.2% of Childress Capital Advisors LLC’s investment portfolio, making the stock its 17th largest holding. Childress Capital Advisors LLC’s holdings in Lam Research were worth $6,489,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fideuram Asset Management Ireland dac bought a new stake in shares of Lam Research during the 4th quarter valued at about $10,035,000. Generali Investments Management Co LLC boosted its holdings in Lam Research by 62.0% during the 4th quarter. Generali Investments Management Co LLC now owns 36,274 shares of the semiconductor company’s stock valued at $6,209,000 after acquiring an additional 13,878 shares during the period. Krilogy Financial LLC grew its holdings in shares of Lam Research by 19.5% in the first quarter. Krilogy Financial LLC now owns 28,111 shares of the semiconductor company’s stock worth $6,006,000 after purchasing an additional 4,584 shares during the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in shares of Lam Research during the first quarter worth about $26,489,000. Finally, Whalen Wealth Management Inc. bought a new stake in shares of Lam Research in the 4th quarter worth approximately $1,423,000. Institutional investors own 84.61% of the company’s stock.

Insiders Place Their Bets

In other Lam Research news, insider Ava Harter sold 6,010 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the sale, the insider directly owned 53,205 shares of the company’s stock, valued at $13,762,005.30. The trade was a 10.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Neil J. Fernandes sold 7,659 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $309.60, for a total value of $2,371,226.40. Following the completion of the sale, the senior vice president directly owned 58,470 shares of the company’s stock, valued at $18,102,312. The trade was a 11.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 86,339 shares of company stock valued at $27,680,267 over the last ninety days. 0.31% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on LRCX shares. Bank of America upped their target price on Lam Research from $330.00 to $480.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. UBS Group reissued a “buy” rating and issued a $375.00 target price (up from $310.00) on shares of Lam Research in a research report on Tuesday, June 9th. Berenberg Bank upped their price objective on Lam Research from $265.00 to $335.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 target price on shares of Lam Research in a report on Thursday, April 23rd. Twenty-eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $347.75.

Lam Research Trading Down 6.9%

LRCX stock opened at $326.13 on Wednesday. The firm has a fifty day moving average price of $329.35 and a 200 day moving average price of $260.54. Lam Research Corporation has a fifty-two week low of $90.93 and a fifty-two week high of $438.50. The firm has a market cap of $407.85 billion, a PE ratio of 61.53, a price-to-earnings-growth ratio of 2.09 and a beta of 1.80. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The company had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. During the same quarter in the prior year, the firm earned $1.04 earnings per share. Lam Research’s revenue was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Sell-side analysts anticipate that Lam Research Corporation will post 5.68 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

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

Lam Research News Summary

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

• Positive Sentiment: Lam Research continues to receive strong Wall Street support, including recent price-target increases from Morgan Stanley, Susquehanna, Goldman Sachs, Cantor Fitzgerald, and others, reflecting confidence in AI infrastructure and wafer-fab equipment demand. Susquehanna Lifts PT on Lam Research (LRCX) – Here’s Why
• Positive Sentiment: The company was recently added to the Russell Top 50, which can boost institutional visibility and trading interest over time. Lam Research (LRCX) Joins Russell Top 50 On An AI Narrative That Looks Fully Valued
• Positive Sentiment: Recent commentary also kept Lam on “top stock for the long term” lists, reinforcing the bullish earnings and growth narrative. Why Lam Research (LRCX) is a Top Stock for the Long-Term
• Neutral Sentiment: Analysts and commentary continue to point to a strong AI and chip-capex backdrop, but those positives are being offset in the near term by sector rotation and profit-taking after a strong run-up. Analysts Just Raised Price Targets On These 3 Semiconductor Equipment Stocks (LRCX)
• Negative Sentiment: The latest drop appears tied to a broad semiconductor-equipment selloff, with investors reassessing AI infrastructure demand and trimming exposure to richly valued chip winners. Why Lam Research (LRCX) Stock Is Down Today
• Negative Sentiment: Insider trading remains skewed toward sales, which may add to investor caution even if it is not the main driver of today’s move. Why Lam Research (LRCX) Stock Is Down Today

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.