Apriem Advisors Has $15.74 Million Holdings in Lam Research Corporation $LRCX

Apriem Advisors cut its stake in Lam Research Corporation (NASDAQ:LRCX) by 5.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 91,958 shares of the semiconductor company’s stock after selling 5,347 shares during the quarter. Lam Research makes up approximately 1.4% of Apriem Advisors’ investment portfolio, making the stock its 18th largest position. Apriem Advisors’ holdings in Lam Research were worth $15,741,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Arete Wealth Advisors LLC boosted its position in shares of Lam Research by 242.1% during the fourth quarter. Arete Wealth Advisors LLC now owns 23,491 shares of the semiconductor company’s stock worth $4,021,000 after buying an additional 16,624 shares during the period. Jacobi Capital Management LLC boosted its position in shares of Lam Research by 15.1% during the fourth quarter. Jacobi Capital Management LLC now owns 16,727 shares of the semiconductor company’s stock worth $2,863,000 after buying an additional 2,196 shares during the period. FORA Capital LLC boosted its position in shares of Lam Research by 168.4% during the fourth quarter. FORA Capital LLC now owns 14,305 shares of the semiconductor company’s stock worth $2,449,000 after buying an additional 8,975 shares during the period. CreativeOne Wealth LLC boosted its position in shares of Lam Research by 8.2% during the fourth quarter. CreativeOne Wealth LLC now owns 21,972 shares of the semiconductor company’s stock worth $3,761,000 after buying an additional 1,662 shares during the period. Finally, Kestra Advisory Services LLC boosted its position in shares of Lam Research by 7.6% during the fourth quarter. Kestra Advisory Services LLC now owns 155,250 shares of the semiconductor company’s stock worth $26,576,000 after buying an additional 10,997 shares during the period. 84.61% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, SVP Neil J. Fernandes sold 7,659 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $309.60, for a total value of $2,371,226.40. Following the sale, the senior vice president owned 58,470 shares in the company, valued at approximately $18,102,312. This represents a 11.58% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the stock in a transaction on 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 completion of the sale, the insider owned 53,205 shares in the company, valued at approximately $13,762,005.30. This trade represents a 10.15% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 31,839 shares of company stock worth $8,561,667. 0.31% of the stock is owned by company insiders.

Lam Research News Roundup

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

• Positive Sentiment: Lam Research is benefiting from renewed optimism around wafer-fab equipment demand, with management recently raising its 2026 WFE market forecast to $140 billion and analysts lifting price targets on expectations that AI-driven chip investment will stay strong. Article Title
• Positive Sentiment: Recent coverage highlighted Lam Research as a core beneficiary of the AI infrastructure boom, with Barclays reiterating constructive views on chip-equipment names and investors focusing on ongoing spending for new semiconductor supply. Article Title
• Positive Sentiment: Lam Research’s recent earnings outperformance and upbeat guidance continue to support the bullish case, with the company beating estimates and projecting stronger revenue momentum into upcoming quarters. Article Title
• Neutral Sentiment: Some recent pieces focus on valuation after the AI-driven rally, suggesting investors are now weighing how much upside is already priced in after a sharp run-up. Article Title
• Negative Sentiment: Broader semiconductor stocks have remained volatile, and one recent session saw LRCX fall more steeply than the market, showing that the stock can still be pressured by sector-wide AI and macro swings. Article Title

Lam Research Stock Performance

LRCX opened at $366.81 on Friday. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. Lam Research Corporation has a 12-month low of $87.75 and a 12-month high of $373.82. The business has a 50 day moving average of $286.10 and a 200-day moving average of $233.58. The stock has a market cap of $458.72 billion, a price-to-earnings ratio of 69.21, a PEG ratio of 3.04 and a beta of 1.85.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The business had revenue of $5.84 billion for the quarter, compared to analysts’ expectations of $5.70 billion. During the same quarter in the prior year, the business earned $1.04 EPS. The firm’s revenue for the quarter was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, equities research analysts expect that Lam Research Corporation will post 5.7 earnings per share for the current year.

Lam Research Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Wednesday, June 17th. Lam Research’s dividend payout ratio is 19.62%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on LRCX. TD Cowen upped their price objective on Lam Research from $290.00 to $340.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. New Street Research upped their price objective on Lam Research from $235.00 to $280.00 and gave the stock a “neutral” rating in a research report on Monday, April 27th. Needham & Company LLC reaffirmed a “buy” rating and set a $300.00 price objective on shares of Lam Research in a research report on Thursday, April 23rd. Cantor Fitzgerald set a $425.00 price target on shares of Lam Research and gave the stock an “overweight” rating in a research report on Wednesday. Finally, B. Riley Financial increased their price objective on shares of Lam Research from $350.00 to $375.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Twenty-eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Lam Research presently has an average rating of “Moderate Buy” and a consensus price target of $322.01.

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.