Roundview Capital LLC Purchases New Shares in Lam Research Corporation $LRCX

Roundview Capital LLC purchased a new stake in Lam Research Corporation (NASDAQ:LRCX) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,857 shares of the semiconductor company’s stock, valued at approximately $489,000.

Several other large investors have also recently made changes to their positions in the business. Integrity Alliance LLC. increased its holdings in Lam Research by 2.2% in the 4th quarter. Integrity Alliance LLC. now owns 7,421 shares of the semiconductor company’s stock worth $1,270,000 after acquiring an additional 159 shares during the last quarter. AlphaQuest LLC boosted its position in shares of Lam Research by 25.4% during the 4th quarter. AlphaQuest LLC now owns 8,746 shares of the semiconductor company’s stock valued at $1,497,000 after acquiring an additional 1,773 shares during the last quarter. Bleakley Financial Group LLC raised its holdings in shares of Lam Research by 9.9% during the 4th quarter. Bleakley Financial Group LLC now owns 37,689 shares of the semiconductor company’s stock valued at $6,452,000 after buying an additional 3,396 shares in the last quarter. Kestra Investment Management LLC increased its stake in Lam Research by 7.0% in the 4th quarter. Kestra Investment Management LLC now owns 12,252 shares of the semiconductor company’s stock worth $2,097,000 after purchasing an additional 804 shares during the period. Finally, Atlatl Advisers LLC increased its stake in Lam Research by 28.6% in the 4th quarter. Atlatl Advisers LLC now owns 17,619 shares of the semiconductor company’s stock worth $3,016,000 after purchasing an additional 3,914 shares during the period. 84.61% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Lam Research

In other news, insider Ava Harter sold 6,010 shares of the stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $258.66, for a total value of $1,554,546.60. Following the sale, the insider directly owned 53,205 shares in the company, valued at approximately $13,762,005.30. This represents a 10.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Douglas R. Bettinger sold 50,057 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total value of $11,214,269.71. Following the transaction, the chief financial officer owned 1,081,705 shares in the company, valued at $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 120,066 shares of company stock worth $27,953,242. 0.31% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on LRCX shares. Barclays set a $275.00 target price on Lam Research and gave the company an “equal weight” rating in a research note on Thursday, April 23rd. Bank of America lifted their price target on Lam Research from $285.00 to $330.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Summit Insights raised Lam Research from a “hold” rating to a “buy” rating in a report on Thursday, January 29th. Citigroup reaffirmed a “buy” rating and set a $315.00 price target (up from $300.00) on shares of Lam Research in a report on Thursday, April 23rd. Finally, Royal Bank Of Canada upped their price target on Lam Research from $290.00 to $310.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Twenty-seven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $295.07.

Lam Research Stock Performance

NASDAQ LRCX opened at $318.93 on Thursday. The business has a 50-day moving average price of $260.18 and a 200-day moving average price of $218.99. Lam Research Corporation has a twelve month low of $79.49 and a twelve month high of $333.33. The firm has a market cap of $398.84 billion, a price-to-earnings ratio of 60.18, a price-to-earnings-growth ratio of 2.67 and a beta of 1.81. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The company had revenue of $5.84 billion during the quarter, compared to analyst estimates of $5.70 billion. During the same period in the prior year, the company earned $1.04 earnings per share. The firm’s revenue was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, equities research analysts predict that Lam Research Corporation will post 5.67 EPS for the current fiscal year.

Lam Research Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Wednesday, June 17th. Lam Research’s dividend payout ratio is presently 19.62%.

Lam Research Company 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.