Weiss Asset Management LP Sells 10,599 Shares of Lam Research Corporation $LRCX

Weiss Asset Management LP cut its holdings in Lam Research Corporation (NASDAQ:LRCX) by 20.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 41,421 shares of the semiconductor company’s stock after selling 10,599 shares during the quarter. Weiss Asset Management LP’s holdings in Lam Research were worth $8,850,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of LRCX. GSG Advisors LLC lifted its stake in Lam Research by 3.1% in the first quarter. GSG Advisors LLC now owns 1,387 shares of the semiconductor company’s stock valued at $296,000 after buying an additional 42 shares in the last quarter. Valued Wealth Advisors LLC increased its position in shares of Lam Research by 7.9% during the first quarter. Valued Wealth Advisors LLC now owns 589 shares of the semiconductor company’s stock worth $126,000 after acquiring an additional 43 shares in the last quarter. Greenup Street Wealth Management LLC increased its position in shares of Lam Research by 1.8% during the first quarter. Greenup Street Wealth Management LLC now owns 2,433 shares of the semiconductor company’s stock worth $520,000 after acquiring an additional 44 shares in the last quarter. Triumph Capital Management raised its holdings in shares of Lam Research by 22.5% during the fourth quarter. Triumph Capital Management now owns 245 shares of the semiconductor company’s stock worth $42,000 after acquiring an additional 45 shares during the period. Finally, Traphagen Investment Advisors LLC raised its holdings in shares of Lam Research by 2.4% during the fourth quarter. Traphagen Investment Advisors LLC now owns 1,963 shares of the semiconductor company’s stock worth $336,000 after acquiring an additional 46 shares during the period. 84.61% of the stock is owned by institutional investors.

Lam Research Trading Down 4.6%

Shares of NASDAQ:LRCX opened at $305.21 on Friday. The company’s 50-day moving average price is $341.74 and its two-hundred day moving average price is $273.81. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. Lam Research Corporation has a one year low of $90.93 and a one year high of $438.50. The stock has a market capitalization of $381.69 billion, a PE ratio of 57.59, a price-to-earnings-growth ratio of 1.81 and a beta of 1.80.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. The company had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The company’s quarterly revenue was up 23.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.04 EPS. On average, equities analysts forecast that Lam Research Corporation will post 5.68 EPS for the current fiscal year.

Lam Research Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.3%. The ex-dividend date was Wednesday, June 17th. Lam Research’s dividend payout ratio is presently 19.62%.

More Lam Research News

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

• Positive Sentiment: Lam Research is expected to benefit from strong demand for AI chips and rising DRAM spending, which could support a potential earnings beat and improve sentiment ahead of results. Article Title
• Positive Sentiment: Wall Street is closely tracking key operating metrics, not just revenue and EPS, suggesting investors are focused on whether Lam Research can show healthy underlying business momentum in the June quarter. Article Title
• Positive Sentiment: The company’s recent role as a founding partner in the AI Materials Foundry keeps Lam Research tied to the broader AI infrastructure theme, which remains a major long-term driver for semiconductor equipment names. Article Title
• Neutral Sentiment: Analysts are publishing pre-earnings previews and forecast updates for Lam Research’s upcoming report, but these articles mostly reflect expectations rather than new company-specific developments. Article Title
• Neutral Sentiment: Semiconductor stocks have outperformed in 2026, but the group is pulling back this month as investors take profits and reprice valuations after a sharp AI-driven rally. Article Title
• Negative Sentiment: Some commentary argues Lam Research could be “dead money” over the next few years, reflecting valuation and return concerns that may be weighing on the stock. Article Title

Insider Buying and Selling

In related news, SVP Neil J. Fernandes sold 18,170 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the completion of the transaction, the senior vice president directly owned 66,129 shares of the company’s stock, valued at approximately $16,872,153.06. This represents a 21.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Brandt sold 54,500 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $350.80, for a total value of $19,118,600.00. Following the completion of the transaction, the director owned 199,205 shares of the company’s stock, valued at approximately $69,881,114. This represents a 21.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 104,621 shares of company stock valued at $33,804,737. 0.31% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

LRCX has been the subject of a number of research analyst reports. Rothschild & Co Redburn upped their target price on shares of Lam Research from $305.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, June 17th. Mizuho lifted their price target on Lam Research from $380.00 to $400.00 and gave the company an “outperform” rating in a research note on Thursday, July 9th. Erste Group Bank lowered Lam Research from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. B. Riley Financial upped their price objective on Lam Research from $350.00 to $375.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Finally, Barclays reiterated an “overweight” rating and set a $335.00 price objective (up from $275.00) on shares of Lam Research in a report on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $360.51.

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.