BCS Wealth Management Sells 2,252 Shares of Lam Research Corporation $LRCX

BCS Wealth Management decreased its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 50.0% in the first quarter, Holdings Channel reports. The firm owned 2,250 shares of the semiconductor company’s stock after selling 2,252 shares during the quarter. BCS Wealth Management’s holdings in Lam Research were worth $481,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of LRCX. Brighton Jones LLC increased its position in shares of Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after purchasing an additional 12,936 shares in the last quarter. Caxton Associates LLP bought a new stake in Lam Research during the first quarter worth about $239,000. Gabelli Funds LLC acquired a new stake in shares of Lam Research during the second quarter worth approximately $253,000. NewEdge Advisors LLC increased its holdings in shares of Lam Research by 2.7% during the second quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock worth $9,785,000 after buying an additional 2,661 shares in the last quarter. Finally, Osterweis Capital Management Inc. raised its stake in shares of Lam Research by 5,206.7% in the second quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock valued at $77,000 after acquiring an additional 781 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Wells Fargo raised its LRCX price target to $450 and maintained an Overweight rating, signaling confidence in continued strength across semiconductor equipment demand. Wells Fargo Raises its Price Target on Lam Research (LRCX)
• Positive Sentiment: Bank of America reportedly boosted its target to $480 and reiterated a Buy rating, reinforcing the bullish analyst tone around Lam Research. Benzinga report on Lam Research price target increase
• Positive Sentiment: Analysts highlighted surging NAND equipment demand and ongoing AI infrastructure spending as reasons LRCX may have more upside ahead. Lam Research Stock Just Got a New Street-High Price Target
• Neutral Sentiment: Recent commentary noted Lam Research has already had a massive run in 2026, which can keep investor expectations elevated and make the stock more sensitive to valuation swings. Lam Research Stock Is Up 114% So Far in 2026
• Negative Sentiment: The stock has also been hit by a broad chip-sector selloff and profit-taking, suggesting recent weakness was more about industry rotation than company-specific fundamentals. Lam Research slides as global chip selloff outweighs strong recent fundamentals

Lam Research Stock Performance

LRCX stock opened at $372.92 on Thursday. Lam Research Corporation has a twelve month low of $90.93 and a twelve month high of $409.75. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. The company has a market cap of $466.37 billion, a P/E ratio of 70.36, a price-to-earnings-growth ratio of 3.06 and a beta of 1.85. The business’s fifty day moving average is $309.03 and its 200-day moving average is $246.96.

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. The company had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.Lam Research’s revenue was up 23.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Equities research analysts forecast that Lam Research Corporation will post 5.7 EPS for the current year.

Lam Research Announces Dividend

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 given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, June 17th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. Lam Research’s dividend payout ratio (DPR) is currently 19.62%.

Insider Activity

In related news, SVP Neil J. Fernandes sold 18,170 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the completion of the sale, the senior vice president directly owned 66,129 shares of the company’s stock, valued at approximately $16,872,153.06. This represents a 21.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Brandt sold 54,500 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the sale, the director owned 199,205 shares in the company, valued at $69,881,114. This trade represents a 21.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 86,339 shares of company stock worth $27,680,267 in the last 90 days. Corporate insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

LRCX has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their target price on Lam Research from $300.00 to $315.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. Mizuho set a $380.00 target price on Lam Research and gave the stock an “outperform” rating in a report on Wednesday, May 27th. Citigroup restated a “buy” rating and issued a $450.00 target price (up from $315.00) on shares of Lam Research in a research note on Wednesday, June 17th. Cantor Fitzgerald set a $425.00 price target on shares of Lam Research and gave the stock an “overweight” rating in a research report on Wednesday, June 10th. Finally, New Street Research increased their price objective on shares of Lam Research from $235.00 to $280.00 and gave the stock a “neutral” rating in a report on Monday, April 27th. Twenty-eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $334.43.

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.