NZS Capital LLC Purchases 16,308 Shares of Lam Research Corporation $LRCX

NZS Capital LLC raised its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 1.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,071,186 shares of the semiconductor company’s stock after buying an additional 16,308 shares during the period. Lam Research comprises about 4.4% of NZS Capital LLC’s holdings, making the stock its 3rd largest holding. NZS Capital LLC owned about 0.09% of Lam Research worth $143,432,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of LRCX. Howard Hughes Medical Institute acquired a new position in Lam Research in the 2nd quarter valued at about $27,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of Lam Research during the second quarter worth about $29,000. Delos Wealth Advisors LLC purchased a new position in shares of Lam Research in the second quarter valued at approximately $30,000. Country Trust Bank acquired a new position in shares of Lam Research in the second quarter valued at approximately $39,000. Finally, Sound Income Strategies LLC acquired a new position in shares of Lam Research in the third quarter valued at approximately $41,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research News Roundup

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

• Positive Sentiment: Lam’s latest quarterly results and guidance remain supportive: the company beat EPS and revenue estimates last quarter and issued FY guidance that keeps the multi-quarter recovery narrative intact — a key reason many analysts remain constructive on the name. (Earnings/guidance from company filings and recent earnings release)
• Positive Sentiment: Coverage and analyst sentiment emphasize Lam’s outperformance versus semiconductor peers over the past year, helping underpin investor confidence in the stock’s secular positioning. How Is Lam Research’s Stock Performance Compared to Other Semiconductor Stocks?
• Positive Sentiment: Long-term bullish research highlights Lam as a core pick for investors focused on secular demand in logic and foundry tooling, reinforcing buy-and-hold interest. Why Lam Research (LRCX) is a Top Stock for the Long-Term
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference; presentations can reaffirm execution plans and demand cadence but did not disclose material new guidance that would immediately change the outlook. Investors will parse the transcript for color on order trends and capex timing. Lam Research Corporation (LRCX) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
• Neutral Sentiment: Technical/commentary pieces suggest potential for further upside in the near term (price targets cited), but these are speculative and may amplify intraday volatility rather than change fundamentals. Lam Research (LRCX) Favors Final Push In To $262.9 – $280.8 Before Pullback
• Negative Sentiment: Insider selling: the CFO sold ~40,329 shares (~$9.3M) and another insider sold 4,000 shares (~$0.93M) in early March. Large, contemporaneous insider sales can spark short-term selling pressure and investor concern, even when insiders retain substantial positions. CFO Form 4 (SEC)
• Negative Sentiment: Near-term performance data show the stock underperformed peers on Monday, which can trigger algorithmic and momentum selling into weakness. Lam Research Corp. stock underperforms Monday when compared to competitors

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on LRCX shares. Zacks Research upgraded shares of Lam Research from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 20th. UBS Group set a $300.00 price objective on Lam Research in a research report on Thursday, January 29th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $320.00 target price (up from $265.00) on shares of Lam Research in a report on Thursday, January 29th. The Goldman Sachs Group set a $262.00 target price on Lam Research and gave the stock a “buy” rating in a research note on Thursday, January 29th. Finally, Wall Street Zen downgraded Lam Research from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Lam Research currently has a consensus rating of “Moderate Buy” and a consensus target price of $245.19.

Insider Buying and Selling at Lam Research

In other news, Director Eric Brandt sold 35,000 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $225.60, for a total value of $7,896,000.00. Following the completion of the transaction, the director owned 253,705 shares in the company, valued at approximately $57,235,848. This represents a 12.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Douglas R. Bettinger sold 40,329 shares of Lam Research stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $230.22, for a total transaction of $9,284,542.38. Following the sale, the chief financial officer owned 1,054,012 shares in the company, valued at $242,654,642.64. This represents a 3.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 79,329 shares of company stock worth $18,110,542 over the last three months. Insiders own 0.31% of the company’s stock.

Lam Research Stock Performance

NASDAQ:LRCX opened at $217.27 on Wednesday. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $256.68. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.61. The firm has a market capitalization of $271.32 billion, a PE ratio of 44.52, a price-to-earnings-growth ratio of 2.49 and a beta of 1.77. The business’s fifty day moving average price is $218.86 and its 200 day moving average price is $167.34.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The company had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same period in the previous year, the business earned $0.91 EPS. Lam Research’s revenue for the quarter was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, sell-side analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, March 4th. Lam Research’s dividend payout ratio is 21.31%.

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.