Lam Research Corporation $LRCX Shares Sold by Castleark Management LLC

Castleark Management LLC cut its position in Lam Research Corporation (NASDAQ:LRCX) by 9.7% in the 1st quarter, HoldingsChannel.com reports. The firm owned 336,740 shares of the semiconductor company’s stock after selling 36,136 shares during the period. Lam Research comprises about 2.4% of Castleark Management LLC’s portfolio, making the stock its 7th biggest holding. Castleark Management LLC’s holdings in Lam Research were worth $71,948,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ABS Direct Equity Fund LLC bought a new position in Lam Research during the 1st quarter worth $192,000. Family Manage LLC boosted its position in shares of Lam Research by 10.3% in the first quarter. Family Manage LLC now owns 2,641 shares of the semiconductor company’s stock valued at $564,000 after acquiring an additional 247 shares during the period. Sculptor Capital LP bought a new stake in shares of Lam Research in the first quarter valued at about $95,933,000. Intelligence Driven Advisers LLC grew its stake in shares of Lam Research by 6.5% in the first quarter. Intelligence Driven Advisers LLC now owns 1,795 shares of the semiconductor company’s stock valued at $384,000 after acquiring an additional 110 shares in the last quarter. Finally, Gateway Wealth Partners LLC acquired a new position in shares of Lam Research in the first quarter valued at about $812,000. 84.61% of the stock is owned by institutional investors and hedge funds.

Lam Research Stock Performance

LRCX opened at $305.21 on Monday. The stock has a market capitalization of $381.69 billion, a price-to-earnings ratio of 57.59, a P/E/G ratio of 1.81 and a beta of 1.80. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. Lam Research Corporation has a twelve month low of $90.93 and a twelve month high of $438.50. The company has a 50-day simple moving average of $341.74 and a 200 day simple moving average of $274.37.

Lam Research Dividend Announcement

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

Insider Transactions at Lam Research

In related news, Director Abhijit Y. Talwalkar sold 18,282 shares of Lam Research stock in a transaction that occurred on Monday, July 13th. The shares were sold at an average price of $335.00, for a total value of $6,124,470.00. Following the transaction, the director directly owned 87,142 shares of the company’s stock, valued at $29,192,570. This trade represents a 17.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Neil J. Fernandes sold 7,659 shares of the business’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 transaction of $2,371,226.40. Following the transaction, the senior vice president owned 58,470 shares of the company’s stock, valued at approximately $18,102,312. This represents a 11.58% decrease in their ownership of the stock. 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. In the last 90 days, insiders sold 98,611 shares of company stock valued at $32,250,190. Company insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on LRCX. Rothschild & Co Redburn lifted their price objective on shares of Lam Research from $305.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, June 17th. Weiss Ratings upgraded shares of Lam Research from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday. Citigroup reaffirmed a “buy” rating and set a $450.00 target price (up from $315.00) on shares of Lam Research in a report on Wednesday, June 17th. Sanford C. Bernstein lifted their price target on shares of Lam Research from $325.00 to $340.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Finally, Bank of America boosted their price target on Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $360.51.

Trending Headlines about Lam Research

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

• Positive Sentiment: Lam Research is expected to benefit from strong demand for AI chips and rising DRAM spending, which could support a potential earnings beat and improve sentiment ahead of results. Article Title
• Positive Sentiment: Wall Street is closely tracking key operating metrics, not just revenue and EPS, suggesting investors are focused on whether Lam Research can show healthy underlying business momentum in the June quarter. Article Title
• Positive Sentiment: The company’s recent role as a founding partner in the AI Materials Foundry keeps Lam Research tied to the broader AI infrastructure theme, which remains a major long-term driver for semiconductor equipment names. Article Title
• Neutral Sentiment: Analysts are publishing pre-earnings previews and forecast updates for Lam Research’s upcoming report, but these articles mostly reflect expectations rather than new company-specific developments. Article Title
• Neutral Sentiment: Semiconductor stocks have outperformed in 2026, but the group is pulling back this month as investors take profits and reprice valuations after a sharp AI-driven rally. Article Title
• Negative Sentiment: Some commentary argues Lam Research could be “dead money” over the next few years, reflecting valuation and return concerns that may be weighing on the stock. Article Title

Lam Research Company 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.