Ninety One UK Ltd Sells 37,071 Shares of Lam Research Corporation $LRCX

Ninety One UK Ltd lessened its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 92.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,997 shares of the semiconductor company’s stock after selling 37,071 shares during the quarter. Ninety One UK Ltd’s holdings in Lam Research were worth $985,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Bayban purchased a new position in Lam Research during the fourth quarter valued at approximately $26,000. Vermillion Wealth Management Inc. acquired a new position in Lam Research in the 1st quarter valued at approximately $26,000. Cedar Mountain Advisors LLC increased its stake in Lam Research by 242.9% in the 1st quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 85 shares during the period. Paladin Partners LLC purchased a new stake in Lam Research in the 2nd quarter worth approximately $26,000. Finally, Sankala Group LLC purchased a new stake in Lam Research in the 4th quarter worth approximately $31,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on LRCX. TD Cowen reissued a “buy” rating and set a $400.00 target price (up from $340.00) on shares of Lam Research in a research note on Thursday, July 9th. Weiss Ratings lowered Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, September 4th. Cantor Fitzgerald set a $500.00 price objective on Lam Research and gave the company an “overweight” rating in a research report on Monday, June 29th. B. Riley Financial lifted their price objective on Lam Research from $350.00 to $390.00 and gave the company a “buy” rating in a research report on Thursday, October 1st. Finally, Stifel Nicolaus boosted their target price on Lam Research from $325.00 to $425.00 and gave the company a “buy” rating in a research note on Friday, July 10th. One equities 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $364.59.

Lam Research News Summary

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

• Positive Sentiment: Analysts continue to see substantial recovery potential, with Benzinga’s 22-analyst consensus target of $346 implying roughly 26% upside. Separately, Wall Street estimates point to approximately 25.6% potential upside, supported by upward earnings-estimate revisions. Lam Research Stock Hits Longest Losing Streak Ever: Are There Buyers Around?
• Positive Sentiment: Lam Research is integrating NVIDIA’s NanoVDB open-source library into its SEMulator3D platform, aiming to accelerate GPU-based wafer-etch modeling and support more efficient AI-driven chip design and manufacturing. The collaboration reinforces the company’s exposure to AI-factory investment. Lam Research Ties AI Fab Push to Faster SEMulator3D Modeling
• Positive Sentiment: Twenty-four exchange-traded funds added to their Lam Research holdings on October 13, indicating continued institutional demand despite the recent weakness. 24 ETFs Add to Lam Research Holdings
• Neutral Sentiment: Lam Research is scheduled to report results on October 21. Investors are likely looking for updates on semiconductor equipment demand, AI-related spending and forward guidance before reassessing the stock’s outlook. Lam Research Stock Ahead of October 21 Results
• Negative Sentiment: Hotter-than-expected inflation data intensified concerns that elevated borrowing costs could restrain AI infrastructure investment, pressuring Lam Research and other semiconductor-related stocks. Semiconductor Stocks Trade Down on Inflation Concerns
• Negative Sentiment: LRCX is on course for a ninth consecutive decline, its longest losing streak since 1984, reflecting persistent selling pressure and heightened investor caution ahead of earnings. Lam Research Shares Tumble for Seven Consecutive Sessions

Insider Buying and Selling at Lam Research

In other Lam Research news, Director Bethany Mayer sold 9,557 shares of the stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the transaction, the director directly owned 20,995 shares of the company’s stock, valued at $6,607,966.30. This represents a 31.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Ava Harter sold 5,000 shares of the stock in a transaction on Monday, August 31st. The stock was sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the transaction, the insider directly owned 42,462 shares in the company, valued at $12,843,056.52. The trade was a 10.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.31% of the stock is currently owned by insiders.

Lam Research Price Performance

Shares of LRCX opened at $277.46 on Friday. The firm has a market cap of $347.22 billion, a PE ratio of 48.17, a PEG ratio of 1.14 and a beta of 1.85. The firm’s 50 day moving average price is $309.98 and its 200 day moving average price is $308.35. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63. Lam Research Corporation has a twelve month low of $135.50 and a twelve month high of $438.50.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.13. The firm had revenue of $6.72 billion during 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%. The company’s revenue was up 30.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, research analysts expect that Lam Research Corporation will post 9.34 EPS for the current fiscal year.

Lam Research Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd were issued a dividend of $0.33 per share. The ex-dividend date was Wednesday, September 23rd. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from Lam Research’s previous quarterly dividend of $0.26. Lam Research’s payout ratio is 22.92%.

About Lam Research

Lam Research Corporation is a semiconductor equipment company that designs, manufactures, and services systems used in the fabrication of integrated circuits and other electronic devices. Its equipment supports key steps in the wafer manufacturing process, helping semiconductor producers create increasingly small and complex features on silicon wafers.

The company’s portfolio includes systems for etch, deposition, wafer cleaning, surface preparation, and related manufacturing processes.