Paladin Wealth LLC Sells 3,231 Shares of Lam Research Corporation $LRCX

Paladin Wealth LLC lessened its holdings in Lam Research Corporation (NASDAQ:LRCX) by 43.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,277 shares of the semiconductor company’s stock after selling 3,231 shares during the period. Paladin Wealth LLC’s holdings in Lam Research were worth $732,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LRCX. Abound Wealth Management grew its stake in shares of Lam Research by 6.9% in the 4th quarter. Abound Wealth Management now owns 931 shares of the semiconductor company’s stock valued at $159,000 after purchasing an additional 60 shares during the period. Catalyst Private Wealth LLC raised its holdings in shares of Lam Research by 4.2% in the 4th quarter. Catalyst Private Wealth LLC now owns 1,658 shares of the semiconductor company’s stock worth $284,000 after buying an additional 67 shares in the last quarter. Gryphon Financial Partners LLC lifted its position in shares of Lam Research by 4.0% during the 4th quarter. Gryphon Financial Partners LLC now owns 1,752 shares of the semiconductor company’s stock worth $300,000 after buying an additional 68 shares during the period. Gilliland Jeter Wealth Management LLC lifted its position in shares of Lam Research by 0.3% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 26,501 shares of the semiconductor company’s stock worth $3,548,000 after buying an additional 69 shares during the period. Finally, Gold Investment Management Ltd. boosted its stake in Lam Research by 0.5% in the 3rd quarter. Gold Investment Management Ltd. now owns 14,736 shares of the semiconductor company’s stock valued at $1,973,000 after buying an additional 70 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on LRCX. TD Cowen increased their price objective on Lam Research from $170.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Citigroup boosted their target price on shares of Lam Research from $265.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. The Goldman Sachs Group set a $262.00 target price on shares of Lam Research and gave the stock a “buy” rating in a report on Thursday, January 29th. Oppenheimer reiterated an “outperform” rating and set a $265.00 target price on shares of Lam Research in a research report on Thursday, January 29th. Finally, HSBC lifted their price target 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. One equities research 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’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $245.35.

Lam Research Price Performance

Shares of LRCX stock opened at $199.93 on Tuesday. The stock’s fifty day moving average is $227.35 and its 200-day moving average is $183.00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26. The stock has a market capitalization of $249.67 billion, a PE ratio of 40.97, a PEG ratio of 2.28 and a beta of 1.77. Lam Research Corporation has a 52 week low of $56.32 and a 52 week 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, beating analysts’ consensus estimates of $1.17 by $0.10. The business had revenue of $5.34 billion during the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The firm’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.91 earnings per share. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Equities research analysts expect that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Announces Dividend

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

Insiders Place Their Bets

In other news, CFO Douglas R. Bettinger sold 50,057 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the transaction, the chief financial officer directly owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. This represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Eric Brandt sold 35,000 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the sale, the director directly owned 253,705 shares in the company, valued at $57,235,848. This trade represents a 12.12% 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 valued at $29,658,802. Insiders own 0.31% of the company’s stock.

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.