Lam Research Corporation $LRCX Shares Acquired by ProShare Advisors LLC

ProShare Advisors LLC lifted its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 4.5% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,266,184 shares of the semiconductor company’s stock after acquiring an additional 97,701 shares during the period. ProShare Advisors LLC owned 0.18% of Lam Research worth $220,590,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. IMG Wealth Management Inc. purchased a new position in shares of Lam Research in the 2nd quarter valued at $26,000. REAP Financial Group LLC acquired a new position in Lam Research in the second quarter valued at $31,000. 1 North Wealth Services LLC purchased a new position in shares of Lam Research during the first quarter worth about $36,000. Saudi Central Bank acquired a new stake in shares of Lam Research during the first quarter worth about $37,000. Finally, Bank of Jackson Hole Trust lifted its holdings in shares of Lam Research by 111.1% in the 2nd quarter. Bank of Jackson Hole Trust now owns 380 shares of the semiconductor company’s stock valued at $37,000 after purchasing an additional 200 shares during the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Buying and Selling

In other Lam Research news, Director Bethany Mayer sold 1,298 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $159.99, for a total transaction of $207,667.02. Following the transaction, the director directly owned 1,652 shares in the company, valued at approximately $264,303.48. This represents a 44.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Vahid Vahedi sold 52,190 shares of Lam Research stock in a transaction that occurred on Monday, October 13th. The shares were sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the sale, the senior vice president owned 251,047 shares of the company’s stock, valued at approximately $34,870,428.30. The trade was a 17.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 62,498 shares of company stock valued at $8,875,663. Corporate insiders own 0.31% of the company’s stock.

Wall Street Analysts Forecast Growth

LRCX has been the topic of a number of research reports. Raymond James Financial raised their price target on Lam Research from $90.00 to $110.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. Susquehanna increased their price objective on Lam Research from $135.00 to $200.00 and gave the company a “positive” rating in a report on Thursday, October 23rd. Evercore ISI raised their target price on shares of Lam Research from $115.00 to $170.00 and gave the stock an “outperform” rating in a research report on Thursday, October 23rd. B. Riley raised their price objective on shares of Lam Research from $160.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, October 20th. Finally, The Goldman Sachs Group upped their target price on shares of Lam Research from $115.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Lam Research has an average rating of “Moderate Buy” and a consensus price target of $148.54.

Lam Research Trading Down 1.8%

NASDAQ LRCX opened at $159.35 on Monday. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $200.15 billion, a P/E ratio of 35.10, a P/E/G ratio of 1.68 and a beta of 1.87. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $166.92. The firm has a 50-day moving average price of $134.94 and a 200 day moving average price of $106.90.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.04. The company had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The firm’s quarterly revenue was up 27.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Equities research analysts expect that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd will be paid a $0.26 dividend. The ex-dividend date is Wednesday, December 3rd. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. Lam Research’s dividend payout ratio (DPR) is 22.91%.

Lam Research Profile

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.