Nan Shan Life Insurance Co. Ltd. Sells 39,237 Shares of Lam Research Corporation $LRCX

Nan Shan Life Insurance Co. Ltd. lessened its holdings in Lam Research Corporation (NASDAQ:LRCX) by 84.2% in the second quarter, Holdings Channel reports. The firm owned 7,338 shares of the semiconductor company’s stock after selling 39,237 shares during the period. Nan Shan Life Insurance Co. Ltd.’s holdings in Lam Research were worth $3,180,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. World Equity Group Inc. boosted its holdings in shares of Lam Research by 0.5% in the 2nd quarter. World Equity Group Inc. now owns 5,576 shares of the semiconductor company’s stock worth $2,416,000 after buying an additional 29 shares during the last quarter. Tenzing Financial LLC increased its holdings in Lam Research by 3.5% during the second quarter. Tenzing Financial LLC now owns 1,018 shares of the semiconductor company’s stock worth $441,000 after buying an additional 34 shares during the last quarter. Gibraltar Capital Management Inc. increased its holdings in Lam Research by 3.6% during the second quarter. Gibraltar Capital Management Inc. now owns 1,050 shares of the semiconductor company’s stock worth $455,000 after buying an additional 36 shares during the last quarter. Elevated Financial Group LLC raised its position in Lam Research by 3.0% in the second quarter. Elevated Financial Group LLC now owns 1,223 shares of the semiconductor company’s stock worth $530,000 after acquiring an additional 36 shares during the period. Finally, Yoder Wealth Management Inc. raised its position in Lam Research by 3.3% in the second quarter. Yoder Wealth Management Inc. now owns 1,129 shares of the semiconductor company’s stock worth $489,000 after acquiring an additional 36 shares during the period. 84.61% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Lam Research

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

• Positive Sentiment: UBS maintained a Buy rating and set a $425 price target, down from $435 but still implying substantial potential upside. The target reflects continued confidence in Lam’s semiconductor-equipment opportunity. UBS price-target article
• Positive Sentiment: Recent coverage highlights strong semiconductor demand, AI infrastructure investment and Lam’s earnings momentum. The company recently exceeded quarterly earnings and revenue expectations, while revenue increased year over year; it also raised its dividend by 27%. Dividend increase article
• Neutral Sentiment: Analysts and investor commentary remain divided: some view the recent pullback as a buying opportunity, while others caution that Lam’s valuation and exposure to China could limit near-term returns. Lam Research pullback analysis
• Negative Sentiment: A global bond selloff pushed long-term yields higher, pressuring high-multiple semiconductor stocks. Higher yields can raise corporate financing costs and reduce the present value investors assign to future growth. Semiconductor sector selloff article
• Negative Sentiment: An insider sold 5,000 shares worth approximately $1.5 million. The transaction was made under a pre-arranged Rule 10b5-1 plan, which reduces its signaling value, but it still adds to short-term selling pressure. SEC insider-sale filing
• Negative Sentiment: Crude oil’s surge and higher benchmark Treasury yields revived inflation concerns, reinforcing worries that interest rates may remain restrictive for longer and weighing on LRCX alongside other semiconductor stocks. Market selloff article

Lam Research Stock Performance

NASDAQ LRCX opened at $290.20 on Wednesday. The company’s 50 day moving average is $326.64 and its 200-day moving average is $290.48. Lam Research Corporation has a 12-month low of $94.11 and a 12-month high of $438.50. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.30. The firm has a market cap of $363.13 billion, a P/E ratio of 50.38, a price-to-earnings-growth ratio of 1.20 and a beta of 1.85.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.13. The company had revenue of $6.72 billion for the quarter, compared to analysts’ expectations of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. Lam Research’s revenue was up 30.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Sell-side analysts predict that Lam Research Corporation will post 9.33 earnings per share for the current year.

Lam Research Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 23rd will be given a dividend of $0.33 per share. This is an increase from Lam Research’s previous quarterly dividend of $0.26. This represents a $1.32 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Wednesday, September 23rd. Lam Research’s dividend payout ratio (DPR) is currently 18.06%.

Insider Transactions at Lam Research

In other news, Director Eric Brandt sold 54,500 shares of Lam Research stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $350.80, for a total value of $19,118,600.00. Following the completion of the transaction, the director directly owned 199,205 shares in the company, valued at approximately $69,881,114. The trade was a 21.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 5,000 shares of the business’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $302.46, for a total value of $1,512,300.00. Following the sale, the insider owned 42,462 shares in the company, valued at approximately $12,843,056.52. The trade was a 10.53% 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 sold 77,782 shares of company stock valued at $26,755,370 over the last three months. Company insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on LRCX shares. Stifel Nicolaus increased their target price on shares of Lam Research from $325.00 to $425.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Evercore reaffirmed an “outperform” rating and issued a $355.00 price target on shares of Lam Research in a report on Monday, July 20th. Weiss Ratings upgraded Lam Research from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, August 21st. Cantor Fitzgerald set a $500.00 price objective on Lam Research and gave the company an “overweight” rating in a report on Monday, June 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $320.00 target price on shares of Lam Research in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $358.97.

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.