Kingsview Wealth Management LLC Sells 1,838 Shares of Lam Research Corporation $LRCX

Kingsview Wealth Management LLC trimmed its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 3.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 51,078 shares of the semiconductor company’s stock after selling 1,838 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Lam Research were worth $8,744,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. PMV Capital Advisers LLC bought a new stake in Lam Research during the fourth quarter worth about $25,000. Stance Capital LLC acquired a new stake in Lam Research during the third quarter worth about $26,000. Triumph Capital Management bought a new position in Lam Research in the 3rd quarter valued at about $27,000. Strategic Wealth Investment Group LLC bought a new position in Lam Research in the 2nd quarter valued at about $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Lam Research in the 3rd quarter valued at approximately $40,000. 84.61% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Lam Research

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

• Positive Sentiment: Applied Materials CEO Gary Dickerson said semiconductors are in their strongest period ever, with AI driving unprecedented computing demand and long-term growth. That upbeat read-through supports suppliers like Lam Research, which sells chipmaking equipment used in advanced semiconductor production. Article Title
• Positive Sentiment: Mizuho Securities reiterated a buy rating on Lam Research, reinforcing bullish analyst sentiment around the stock’s earnings power and long-term outlook. Article Title
• Neutral Sentiment: Lam Research has strong technical momentum after a huge run over the past year, but the stock is also viewed as expensive, with commentary noting it may be materially overvalued. That combination can keep traders interested while also raising caution about further upside. Article Title
• Neutral Sentiment: Short-interest data showed no meaningful change in reported shorts, so this does not appear to be a major new catalyst for the stock.
• Negative Sentiment: One market note warned that Lam Research’s valuation is elevated and that new buyers should be cautious, which may temper enthusiasm despite the company’s strong fundamentals. Article Title
• Negative Sentiment: Another trading article highlighted heavy put-option activity in Lam Research, suggesting some investors are positioning for downside protection or near-term volatility. Article Title

Wall Street Analyst Weigh In

Several research firms recently issued reports on LRCX. New Street Research increased their price target on shares of Lam Research from $235.00 to $280.00 and gave the stock a “neutral” rating in a research report on Monday, April 27th. Citic Securities boosted their price objective on shares of Lam Research from $165.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, January 30th. Rothschild & Co Redburn upped their target price on Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, February 6th. Wells Fargo & Company raised their target price on Lam Research from $290.00 to $320.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Finally, Zacks Research lowered Lam Research from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Twenty-seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $295.07.

Insiders Place Their Bets

In other Lam Research news, CFO Douglas R. Bettinger sold 50,057 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total value of $11,214,269.71. Following the completion of the transaction, the chief financial officer directly owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. This trade represents a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ava Harter sold 6,010 shares of Lam Research stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $258.66, for a total value of $1,554,546.60. Following the sale, the insider directly owned 53,205 shares in the company, valued at $13,762,005.30. The trade was a 10.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 120,066 shares of company stock valued at $27,953,242 in the last 90 days. Corporate insiders own 0.31% of the company’s stock.

Lam Research Price Performance

Shares of NASDAQ:LRCX opened at $318.00 on Friday. The company has a market cap of $397.68 billion, a price-to-earnings ratio of 60.00, a PEG ratio of 2.64 and a beta of 1.81. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. The firm has a 50 day simple moving average of $262.01 and a 200 day simple moving average of $220.11. Lam Research Corporation has a one year low of $79.49 and a one year high of $333.33.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. The firm had revenue of $5.84 billion for the quarter, compared to analysts’ expectations of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The company’s revenue was up 23.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Research analysts predict that Lam Research Corporation will post 5.67 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, July 8th. Shareholders of record on Wednesday, June 17th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Wednesday, June 17th. Lam Research’s dividend payout ratio is presently 19.62%.

Lam Research 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.