Dynamic Technology Lab Private Ltd Takes $702,000 Position in Lam Research Corporation $LRCX

Dynamic Technology Lab Private Ltd bought a new stake in shares of Lam Research Corporation (NASDAQ:LRCX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 5,243 shares of the semiconductor company’s stock, valued at approximately $702,000.

A number of other large investors also recently added to or reduced their stakes in the business. Goodman Advisory Group LLC purchased a new position in shares of Lam Research in the third quarter worth about $1,076,000. Parallel Advisors LLC lifted its stake in shares of Lam Research by 12.1% in the 3rd quarter. Parallel Advisors LLC now owns 18,878 shares of the semiconductor company’s stock valued at $2,528,000 after acquiring an additional 2,035 shares during the last quarter. CreativeOne Wealth LLC boosted its holdings in Lam Research by 7.3% during the 3rd quarter. CreativeOne Wealth LLC now owns 20,310 shares of the semiconductor company’s stock valued at $2,719,000 after acquiring an additional 1,377 shares during the period. Natixis Advisors LLC boosted its holdings in Lam Research by 0.3% during the 3rd quarter. Natixis Advisors LLC now owns 669,303 shares of the semiconductor company’s stock valued at $89,620,000 after acquiring an additional 2,101 shares during the period. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its position in Lam Research by 0.7% during the 3rd quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 433,563 shares of the semiconductor company’s stock worth $58,054,000 after acquiring an additional 2,896 shares during the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research Trading Up 5.9%

Lam Research stock opened at $211.19 on Tuesday. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $256.68. The company has a market capitalization of $263.73 billion, a price-to-earnings ratio of 43.28, a price-to-earnings-growth ratio of 2.14 and a beta of 1.77. The business’s fifty day simple moving average is $221.66 and its two-hundred day simple moving average is $170.52. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37.

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

Lam Research Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Wednesday, March 4th. Lam Research’s dividend payout ratio (DPR) is currently 21.31%.

Insiders Place Their Bets

In other Lam Research news, Director Eric Brandt sold 35,000 shares of Lam Research stock in a transaction dated 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 directly owned 253,705 shares of the company’s stock, valued at approximately $57,235,848. The trade was a 12.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Douglas R. Bettinger sold 50,057 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the completion of the transaction, the chief financial officer owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. This represents a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 130,886 shares of company stock valued at $29,658,802. Insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

LRCX has been the subject of several recent research reports. New Street Research boosted their price objective on Lam Research from $195.00 to $235.00 and gave the company a “neutral” rating in a research report on Friday, January 30th. UBS Group set a $300.00 target price on shares of Lam Research in a report on Thursday, January 29th. Summit Insights raised shares of Lam Research from a “hold” rating to a “buy” rating in a research note on Thursday, January 29th. Susquehanna set a $325.00 price target on shares of Lam Research and gave the company a “positive” rating in a report on Thursday, January 29th. Finally, The Goldman Sachs Group set a $262.00 price target on shares of Lam Research and gave the company a “buy” rating in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $245.19.

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.