Lam Research Corporation $LRCX Shares Sold by Lindenwold Advisors INC

Lindenwold Advisors INC cut its stake in Lam Research Corporation (NASDAQ:LRCX) by 16.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,196 shares of the semiconductor company’s stock after selling 3,478 shares during the period. Lam Research makes up approximately 1.2% of Lindenwold Advisors INC’s holdings, making the stock its 23rd largest holding. Lindenwold Advisors INC’s holdings in Lam Research were worth $2,436,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC grew its holdings in shares of Lam Research by 1,032.4% in the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after acquiring an additional 12,936 shares during the period. Caxton Associates LLP purchased a new position in Lam Research in the 1st quarter valued at approximately $239,000. Avantax Advisory Services Inc. raised its holdings in Lam Research by 22.2% during the second quarter. Avantax Advisory Services Inc. now owns 57,832 shares of the semiconductor company’s stock worth $5,629,000 after purchasing an additional 10,496 shares during the last quarter. LSV Asset Management raised its holdings in Lam Research by 0.3% during the second quarter. LSV Asset Management now owns 96,280 shares of the semiconductor company’s stock worth $9,372,000 after purchasing an additional 320 shares during the last quarter. Finally, Portside Wealth Group LLC boosted its position in Lam Research by 13.7% during the second quarter. Portside Wealth Group LLC now owns 4,459 shares of the semiconductor company’s stock worth $434,000 after purchasing an additional 538 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Ava Harter sold 1,500 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $222.66, for a total transaction of $333,990.00. Following the sale, the insider 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total value of $11,214,269.71. Following the completion of the sale, the chief financial officer directly owned 1,081,705 shares of the company’s stock, valued at approximately $242,334,371.15. This represents a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 130,886 shares of company stock valued at $29,658,802. Company insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Cantor Fitzgerald reissued an “overweight” rating and issued a $320.00 target price (up from $265.00) on shares of Lam Research in a report on Thursday, January 29th. Citic Securities boosted their price objective on shares of Lam Research from $165.00 to $275.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Lam Research in a research note on Monday, December 29th. HSBC raised their target price on shares of Lam Research from $181.00 to $221.00 and gave the company a “hold” rating in a report on Friday, January 30th. Finally, Oppenheimer restated an “outperform” rating and set a $265.00 target price on shares of Lam Research in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Lam Research presently has a consensus rating of “Moderate Buy” and a consensus price target of $245.35.

Lam Research Trading Down 0.8%

Shares of LRCX stock opened at $224.71 on Thursday. The company has a market capitalization of $280.61 billion, a price-to-earnings ratio of 46.05, a PEG ratio of 2.44 and a beta of 1.77. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average price of $226.06 and a 200 day moving average price of $175.71. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $256.68.

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

Lam Research Announces Dividend

The company 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 dividend of $0.26 per share. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a yield of 0.5%. Lam Research’s dividend payout ratio (DPR) is 21.31%.

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.