Insight Wealth Strategies LLC Sells 14,156 Shares of Lam Research Corporation $LRCX

Insight Wealth Strategies LLC reduced its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 14.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,222 shares of the semiconductor company’s stock after selling 14,156 shares during the period. Lam Research makes up 1.7% of Insight Wealth Strategies LLC’s portfolio, making the stock its 16th biggest holding. Insight Wealth Strategies LLC’s holdings in Lam Research were worth $14,588,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in LRCX. Stance Capital LLC bought a new stake in Lam Research during the third quarter valued at $26,000. Howard Hughes Medical Institute bought a new position in Lam Research in the 2nd quarter worth about $27,000. Triumph Capital Management bought a new position in Lam Research in the 3rd quarter worth about $27,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of Lam Research in the 2nd quarter valued at about $29,000. Finally, Delos Wealth Advisors LLC bought a new stake in shares of Lam Research during the 2nd quarter valued at about $30,000. Institutional investors own 84.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on LRCX shares. Cantor Fitzgerald restated an “overweight” rating and issued a $320.00 price objective (up from $265.00) on shares of Lam Research in a research report on Thursday, January 29th. The Goldman Sachs Group set a $262.00 target price on shares of Lam Research and gave the company a “buy” rating in a research report on Thursday, January 29th. Citigroup boosted their price target on shares of Lam Research from $265.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Royal Bank Of Canada reissued an “outperform” rating and issued a $290.00 price target (up from $260.00) on shares of Lam Research in a report on Thursday, January 29th. Finally, Morgan Stanley lifted their price objective on shares of Lam Research from $244.00 to $254.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $245.35.

Insider Buying and Selling at Lam Research

In related news, insider Ava Harter sold 1,500 shares of Lam Research stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $222.66, for a total value of $333,990.00. Following the transaction, the insider directly owned 53,205 shares of the company’s stock, valued at $11,846,625.30. The trade was a 2.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction 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 directly owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 130,886 shares of company stock worth $29,658,802. 0.31% of the stock is currently owned by insiders.

Lam Research Stock Performance

Lam Research stock opened at $224.71 on Thursday. The firm has a fifty day simple moving average of $226.06 and a two-hundred day simple moving average of $175.71. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $256.68. The company has a market capitalization of $280.61 billion, a PE ratio of 46.05, a P/E/G ratio of 2.44 and a beta of 1.77.

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

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th will be paid 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 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.