MBM Wealth Consultants LLC Reduces Stake in Lam Research Corporation $LRCX

MBM Wealth Consultants LLC decreased its position in Lam Research Corporation (NASDAQ:LRCX) by 19.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,030 shares of the semiconductor company’s stock after selling 3,847 shares during the period. Lam Research comprises approximately 0.5% of MBM Wealth Consultants LLC’s portfolio, making the stock its 27th biggest holding. MBM Wealth Consultants LLC’s holdings in Lam Research were worth $2,146,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in LRCX. Norges Bank purchased a new position in shares of Lam Research in the second quarter worth about $1,894,585,000. JPMorgan Chase & Co. grew its stake in Lam Research by 14.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock valued at $3,954,188,000 after buying an additional 5,102,589 shares in the last quarter. Nordea Investment Management AB raised its holdings in Lam Research by 34.1% during the 2nd quarter. Nordea Investment Management AB now owns 10,594,574 shares of the semiconductor company’s stock valued at $1,029,210,000 after acquiring an additional 2,692,189 shares during the period. Artisan Partners Limited Partnership lifted its position in shares of Lam Research by 35.4% during the second quarter. Artisan Partners Limited Partnership now owns 9,849,868 shares of the semiconductor company’s stock worth $958,786,000 after acquiring an additional 2,575,456 shares in the last quarter. Finally, Sei Investments Co. boosted its holdings in shares of Lam Research by 103.5% in the second quarter. Sei Investments Co. now owns 3,049,460 shares of the semiconductor company’s stock worth $296,833,000 after acquiring an additional 1,550,842 shares during the period. 84.61% of the stock is currently owned by institutional investors.

Insider Transactions at Lam Research

In other Lam Research news, CFO Douglas R. Bettinger sold 40,080 shares of the firm’s stock in a transaction on Friday, November 14th. The shares were sold at an average price of $150.60, for a total value of $6,036,048.00. Following the sale, the chief financial officer owned 987,237 shares of the company’s stock, valued at $148,677,892.20. This trade represents a 3.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ava Harter sold 9,010 shares of the business’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $157.47, for a total transaction of $1,418,804.70. Following the completion of the transaction, the insider owned 56,786 shares in the company, valued at $8,942,091.42. The trade was a 13.69% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 50,418 shares of company stock worth $7,667,305. Insiders own 0.31% of the company’s stock.

Lam Research Stock Performance

Shares of NASDAQ LRCX opened at $217.94 on Friday. The stock’s 50-day moving average is $178.08 and its 200 day moving average is $141.58. The stock has a market cap of $273.74 billion, a price-to-earnings ratio of 48.00, a P/E/G ratio of 2.49 and a beta of 1.77. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $236.10. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.22 by $0.04. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The firm had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.23 billion. During the same period last year, the firm posted $0.86 earnings per share. The business’s revenue was up 27.7% compared to the same quarter last year. On average, sell-side analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Wednesday, December 3rd. Lam Research’s dividend payout ratio is 22.91%.

Lam Research News Roundup

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

• Positive Sentiment: Zacks upgraded LRCX to a Zacks Rank #1 (Strong Buy), a move that typically attracts momentum flows and retail/institutional attention; the upgrade is being cited as a catalyst for optimism about near-term earnings and price momentum. Lam Research (LRCX) Upgraded to Strong Buy: Here’s What You Should Know
• Positive Sentiment: Analyst commentary (Zacks) and coverage notes point to strong AI-chip demand and rising DRAM spending that should help LRCX beat Q2 estimates, supporting upside expectations for revenue and margins. LRCX Likely to Beat Q2 Earnings Estimates: Should You Buy the Stock?
• Positive Sentiment: Media coverage highlights AI-driven momentum (a recent piece notes the stock jumped on AI buzz and tariff news), which can attract short-term buyers and program trades. Why Lam Research (LRCX) Is Up 5.0% After AI Buzz And Tariff Jitters Hit Spotlight
• Neutral Sentiment: New Street raised its price target to $195 (from $140) but kept a “neutral” rating — the higher target signals improving fundamental views, but the maintained neutral limits the endorsement strength for further rallies. New Street Adjusts Lam Research Price Target to $195 From $140; Maintains Neutral Rating
• Neutral Sentiment: High-profile mentions (e.g., Jim Cramer calling LRCX “the best of the best” while warning about buying parabolic moves) can boost credibility but also encourage caution among momentum-sensitive traders. Jim Cramer calls Lam Research the “best of the best” but warns against buying parabolic moves
• Negative Sentiment: Unusually large put-option volume: traders bought ~87,781 puts (about +129% vs. average), a sharp rise in bearish/options-hedging activity that can signal investor risk-off, price protection flows, or speculative bearish bets — all of which can add downward pressure or volatility.
• Negative Sentiment: Relative weakness vs. peers: coverage notes that LRCX underperformed competitors on Thursday, a datapoint traders watch for leadership shifts within the semiconductor equipment group and to gauge rotation risk. Lam Research Corp. stock underperforms Thursday when compared to competitors

Analysts Set New Price Targets

A number of analysts recently issued reports on LRCX shares. Jefferies Financial Group reissued a “buy” rating and set a $200.00 price objective (up previously from $175.00) on shares of Lam Research in a report on Monday, December 15th. B. Riley reiterated a “buy” rating on shares of Lam Research in a research report on Thursday, January 15th. Zacks Research raised shares of Lam Research from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 20th. Susquehanna reiterated a “positive” rating and issued a $250.00 target price on shares of Lam Research in a research note on Monday, January 12th. Finally, Evercore ISI boosted their price target on shares of Lam Research from $115.00 to $170.00 and gave the company an “outperform” rating in a research report on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $200.52.

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.