Mosley Wealth Management Has $434,000 Holdings in Lam Research Corporation $LRCX

Mosley Wealth Management lessened its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 67.3% during the 2nd quarter, HoldingsChannel reports. The fund owned 1,002 shares of the semiconductor company’s stock after selling 2,062 shares during the period. Mosley Wealth Management’s holdings in Lam Research were worth $434,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Fideuram Asset Management Ireland dac acquired a new stake in shares of Lam Research during the 4th quarter valued at $10,035,000. Generali Investments Management Co LLC grew its holdings in shares of Lam Research by 62.0% during the 4th quarter. Generali Investments Management Co LLC now owns 36,274 shares of the semiconductor company’s stock valued at $6,209,000 after acquiring an additional 13,878 shares in the last quarter. Rokos Capital Management LLP increased its stake in shares of Lam Research by 42.0% in the first quarter. Rokos Capital Management LLP now owns 259,921 shares of the semiconductor company’s stock worth $55,532,000 after acquiring an additional 76,840 shares during the last quarter. Aware Super Pty Ltd as trustee of Aware Super purchased a new stake in shares of Lam Research during the first quarter worth $59,973,000. Finally, Krilogy Financial LLC raised its holdings in shares of Lam Research by 19.5% during the first quarter. Krilogy Financial LLC now owns 28,111 shares of the semiconductor company’s stock worth $6,006,000 after acquiring an additional 4,584 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Buying and Selling

In related news, SVP Neil J. Fernandes sold 7,659 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $309.60, for a total value of $2,371,226.40. Following the completion of the sale, the senior vice president directly owned 58,470 shares in the company, valued at approximately $18,102,312. The trade was a 11.58% decrease in their position. The transaction was disclosed in a document filed 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, Director Abhijit Y. Talwalkar sold 18,282 shares of the company’s stock in a transaction that occurred on Monday, July 13th. The stock was sold at an average price of $335.00, for a total value of $6,124,470.00. Following the sale, the director directly owned 87,142 shares of the company’s stock, valued at $29,192,570. The trade was a 17.34% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 80,441 shares of company stock worth $27,614,296. 0.31% of the stock is currently owned by insiders.

Lam Research Trading Up 1.1%

Lam Research stock opened at $314.00 on Friday. Lam Research Corporation has a one year low of $94.11 and a one year high of $438.50. The company’s fifty day moving average price is $337.47 and its two-hundred day moving average price is $286.09. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.63 and a quick ratio of 1.91. The company has a market capitalization of $392.91 billion, a price-to-earnings ratio of 54.51, a PEG ratio of 1.23 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.13. The company had revenue of $6.72 billion during the quarter, compared to analysts’ expectations of $6.66 billion. Lam Research had a return on equity of 67.60% and a net margin of 31.27%.The business’s quarterly revenue was up 30.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, analysts forecast that Lam Research Corporation will post 9.32 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on LRCX. Wells Fargo & Company reissued an “overweight” rating and set a $350.00 price objective (down from $450.00) on shares of Lam Research in a research report on Thursday, July 30th. Jefferies Financial Group set a $335.00 price target on Lam Research and gave the stock a “buy” rating in a research note on Thursday, July 30th. B. Riley Financial reduced their price target on Lam Research from $385.00 to $350.00 and set a “buy” rating for the company in a report on Thursday, July 30th. HSBC reissued a “hold” rating and issued a $333.00 price target on shares of Lam Research in a research note on Monday, July 27th. Finally, Wall Street Zen downgraded Lam Research from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $358.47.

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.