Lam Research Corporation $LRCX Stock Position Trimmed by Eventide Asset Management LLC

Eventide Asset Management LLC reduced its stake in Lam Research Corporation (NASDAQ:LRCX) by 26.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 669,089 shares of the semiconductor company’s stock after selling 235,606 shares during the quarter. Lam Research comprises approximately 1.8% of Eventide Asset Management LLC’s portfolio, making the stock its 8th biggest holding. Eventide Asset Management LLC owned approximately 0.05% of Lam Research worth $114,636,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Ariadne Wealth Management LP raised its stake in Lam Research by 12.8% in the fourth quarter. Ariadne Wealth Management LP now owns 5,624 shares of the semiconductor company’s stock valued at $963,000 after purchasing an additional 639 shares in the last quarter. Artemis Wealth Advisors LLC raised its stake in Lam Research by 33.3% in the fourth quarter. Artemis Wealth Advisors LLC now owns 40,000 shares of the semiconductor company’s stock valued at $6,847,000 after purchasing an additional 10,000 shares in the last quarter. Axim Planning & Wealth purchased a new stake in Lam Research in the fourth quarter valued at approximately $652,000. Brown Advisory Inc. raised its stake in Lam Research by 4.7% in the fourth quarter. Brown Advisory Inc. now owns 36,420 shares of the semiconductor company’s stock valued at $6,234,000 after purchasing an additional 1,634 shares in the last quarter. Finally, AFT Forsyth & Company Inc. purchased a new stake in Lam Research in the fourth quarter valued at approximately $822,000. 84.61% of the stock is owned by hedge funds and other institutional investors.

Lam Research Trading Up 1.2%

LRCX stock opened at $366.81 on Friday. The company has a market capitalization of $458.72 billion, a PE ratio of 69.21, a price-to-earnings-growth ratio of 3.04 and a beta of 1.85. Lam Research Corporation has a one year low of $87.75 and a one year high of $373.82. The company’s 50 day moving average price is $286.10 and its two-hundred day moving average price is $233.58. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping the consensus estimate of $1.36 by $0.11. The firm had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The business’s revenue was up 23.8% compared to the same quarter last year. During the same period last year, the firm posted $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, analysts predict that Lam Research Corporation will post 5.7 earnings per share for the current fiscal year.

Lam Research Announces Dividend

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

Insider Buying and Selling at Lam Research

In related news, SVP Neil J. Fernandes sold 18,170 shares of Lam Research stock in a transaction on Friday, May 1st. The shares were sold at an average price of $255.14, for a total value of $4,635,893.80. Following the transaction, the senior vice president directly owned 66,129 shares of the company’s stock, valued at $16,872,153.06. The trade was a 21.55% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of Lam Research stock in a transaction on Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of the transaction, the insider directly owned 53,205 shares in the company, valued at approximately $13,762,005.30. The trade was a 10.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 31,839 shares of company stock worth $8,561,667. 0.31% of the stock is owned by insiders.

Key Lam Research News

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

• Positive Sentiment: Lam Research is benefiting from renewed optimism around wafer-fab equipment demand, with management recently raising its 2026 WFE market forecast to $140 billion and analysts lifting price targets on expectations that AI-driven chip investment will stay strong. Article Title
• Positive Sentiment: Recent coverage highlighted Lam Research as a core beneficiary of the AI infrastructure boom, with Barclays reiterating constructive views on chip-equipment names and investors focusing on ongoing spending for new semiconductor supply. Article Title
• Positive Sentiment: Lam Research’s recent earnings outperformance and upbeat guidance continue to support the bullish case, with the company beating estimates and projecting stronger revenue momentum into upcoming quarters. Article Title
• Neutral Sentiment: Some recent pieces focus on valuation after the AI-driven rally, suggesting investors are now weighing how much upside is already priced in after a sharp run-up. Article Title
• Negative Sentiment: Broader semiconductor stocks have remained volatile, and one recent session saw LRCX fall more steeply than the market, showing that the stock can still be pressured by sector-wide AI and macro swings. Article Title

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised their target price on shares of Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 target price on shares of Lam Research in a research note on Thursday, April 23rd. Cantor Fitzgerald set a $425.00 price target on shares of Lam Research and gave the stock an “overweight” rating in a research note on Wednesday. Barclays reissued an “overweight” rating and set a $335.00 price target (up from $275.00) on shares of Lam Research in a research note on Thursday. Finally, TD Cowen lifted their price target on shares of Lam Research from $290.00 to $340.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Twenty-eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $322.01.

About Lam Research

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.