Lam Research Corporation $LRCX Shares Sold by Prudent Man Advisors LLC

Prudent Man Advisors LLC reduced its position in Lam Research Corporation (NASDAQ:LRCX) by 22.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,747 shares of the semiconductor company’s stock after selling 4,005 shares during the period. Lam Research comprises 0.7% of Prudent Man Advisors LLC’s investment portfolio, making the stock its 29th biggest position. Prudent Man Advisors LLC’s holdings in Lam Research were worth $1,841,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. BOKF NA grew its holdings in Lam Research by 1.1% in the third quarter. BOKF NA now owns 51,148 shares of the semiconductor company’s stock valued at $6,849,000 after purchasing an additional 578 shares during the last quarter. Elevatus Welath Management acquired a new position in shares of Lam Research during the 3rd quarter worth $257,000. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Lam Research during the 3rd quarter worth $26,678,000. Tennessee Valley Asset Management Partners purchased a new stake in shares of Lam Research in the 3rd quarter worth about $561,000. Finally, Wakefield Asset Management LLLP purchased a new stake in shares of Lam Research in the 3rd quarter worth about $4,827,000. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on LRCX. Wells Fargo & Company raised their target price on shares of Lam Research from $250.00 to $290.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. TD Cowen raised their price objective on shares of Lam Research from $170.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Zacks Research upgraded Lam Research from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 20th. New Street Research upped their target price on Lam Research from $195.00 to $235.00 and gave the company a “neutral” rating in a research note on Friday, January 30th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $320.00 target price (up from $265.00) on shares of Lam Research in a report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $245.35.

Lam Research Trading Up 1.7%

Shares of Lam Research stock opened at $218.87 on Thursday. Lam Research Corporation has a fifty-two week low of $56.32 and a fifty-two week high of $256.68. The business’s fifty day moving average is $223.44 and its two-hundred day moving average is $171.66. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. The firm has a market cap of $273.32 billion, a PE ratio of 44.85, a P/E/G ratio of 2.32 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The firm had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.23 billion. During the same period in the prior year, the firm posted $0.91 earnings per share. The business’s quarterly revenue was up 22.1% compared to the same quarter last year. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be given a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.04 annualized dividend and a dividend yield of 0.5%. Lam Research’s dividend payout ratio (DPR) is currently 21.31%.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Long‑term collaboration with IBM to advance sub‑1nm logic scaling — strengthens Lam’s position on next‑generation logic and EUV-related process work, expanding addressable content per wafer fab cycle. IBM and Lam Research Announce Collaboration to Advance Sub‑1nm Logic Scaling
• Positive Sentiment: S&P 100 inclusion, recent strong results and supportive market notes should boost demand — index addition and re‑rating flows plus solid Jan quarter results and guidance increase passive and active buying pressure. Lam Research jumps amid semiconductor-equipment rebound and S&P 100 addition
• Positive Sentiment: Industry capex outlook remains strong — banks raised chip‑gear spending estimates and analyst notes point to sustained WFE upside, supporting equipment vendors like Lam. Chip Gear Spending Shows No Signs Of Slowing
• Positive Sentiment: Short interest in LRCX fell meaningfully in February (≈20.7% decline), reducing immediate short‑squeeze risk and removing some downward pressure on the shares.
• Positive Sentiment: Analyst support and higher price targets remain widespread (median targets above current levels; Barclays nudged its PT higher), providing additional directional support. Barclays raises LRCX price target
• Neutral Sentiment: Independent equity research continues to highlight a favorable WFE cycle and Lam’s potential for share gains — useful context for medium‑term investors but not an immediate catalyst. Lam Research: The Setup Keeps Getting Stronger
• Negative Sentiment: Hazeltree reports hedge funds ramping short bets amid geopolitical and private‑credit concerns — broader market volatility and flow shifts could pressure cyclicals like Lam in risk‑off episodes. Hazeltree Finds Hedge Funds Ramp Up Short Bets
• Negative Sentiment: Notable insider selling activity reported across senior executives over the past six months — raises a governance/optics flag for some investors and can weigh on sentiment. Quiver Quant on LRCX insider activity

Insider Activity at Lam Research

In other news, Director Eric Brandt sold 35,000 shares of the company’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the completion of the sale, the director directly owned 253,705 shares in the company, valued at $57,235,848. This represents a 12.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Ava Harter sold 1,500 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $222.66, for a total value of $333,990.00. Following the completion of the transaction, the insider directly owned 53,205 shares in the company, valued at $11,846,625.30. This trade represents a 2.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 130,886 shares of company stock worth $29,658,802. 0.31% of the stock is owned by company insiders.

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.