3,520 Lam Research Corporation $LRCX Shares Purchased by Choreo LLC

Choreo LLC lifted its position in Lam Research Corporation (NASDAQ:LRCX) by 10.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 37,475 shares of the semiconductor company’s stock after purchasing an additional 3,520 shares during the period. Choreo LLC’s holdings in Lam Research were worth $12,357,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of LRCX. William Mack & Associates Inc. purchased a new position in Lam Research during the 3rd quarter worth $25,000. Cedar Mountain Advisors LLC raised its position in Lam Research by 242.9% during the 1st quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 85 shares in the last quarter. Paladin Partners LLC purchased a new stake in shares of Lam Research in the 2nd quarter worth $26,000. Quintet Private Bank Europe S.A. lifted its holdings in shares of Lam Research by 100.0% in the 3rd quarter. Quintet Private Bank Europe S.A. now owns 100 shares of the semiconductor company’s stock worth $33,000 after buying an additional 50 shares during the period. Finally, Dakota Community Bank & Trust NA bought a new position in shares of Lam Research during the 3rd quarter worth $33,000. Institutional investors own 84.61% of the company’s stock.

Lam Research Stock Up 0.2%

Shares of LRCX stock opened at $254.39 on Friday. Lam Research Corporation has a 1-year low of $135.50 and a 1-year high of $438.50. The stock’s fifty day moving average price is $295.90 and its 200 day moving average price is $283.68. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.48 and a quick ratio of 1.86. The company has a market cap of $317.78 billion, a price-to-earnings ratio of 37.91, a price-to-earnings-growth ratio of 0.94 and a beta of 1.85.

Lam Research (NASDAQ:LRCX) last announced its earnings results on Wednesday, October 21st. The semiconductor company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.18 by $0.02. Lam Research had a return on equity of 72.15% and a net margin of 32.34%. The company had revenue of $8.22 billion for the quarter, compared to analyst estimates of $8.14 billion. During the same period in the prior year, the company posted $1.26 EPS. The firm’s quarterly revenue was up 54.4% compared to the same quarter last year. On average, research analysts expect that Lam Research Corporation will post 9.59 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd were paid a dividend of $0.33 per share. The ex-dividend date was Wednesday, September 23rd. This is a positive change from Lam Research’s previous quarterly dividend of $0.26. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.5%. Lam Research’s payout ratio is presently 19.67%.

Insider Activity

In other Lam Research news, insider Ava Harter sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the sale, the insider owned 42,462 shares of the company’s stock, valued at approximately $12,843,056.52. The trade was a 10.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 9,557 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the sale, the director directly owned 20,995 shares in the company, valued at approximately $6,607,966.30. This represents a 31.28% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

LRCX has been the topic of several research reports. B. Riley Financial raised their price target on Lam Research from $350.00 to $390.00 and gave the company a “buy” rating in a research note on Thursday, October 1st. Zacks Research downgraded shares of Lam Research from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 22nd. Berenberg Bank set a $420.00 price target on shares of Lam Research in a research report on Wednesday, September 9th. Weiss Ratings cut shares of Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, September 4th. Finally, UBS Group reaffirmed a “buy” rating and issued a $400.00 price objective (down from $425.00) on shares of Lam Research in a research report on Thursday, October 22nd. Twenty-six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Lam Research has an average rating of “Moderate Buy” and a consensus target price of $360.23.

Lam Research News Summary

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

• Positive Sentiment: Lam Research reported fiscal first-quarter revenue of $8.22 billion and adjusted EPS of $2.20, exceeding analyst expectations. Management’s outlook for approximately $8.60 billion in the December quarter, along with expected EPS of about $2.33, reinforced the view that demand remains robust. Lam Research Gains as Strong Earnings and a Chip-Sector Rebound Support Shares
• Positive Sentiment: Record foundry revenue in fiscal 2027’s first quarter, with foundry rising to 46% of Systems revenue from 44%, points to continued spending on advanced semiconductor manufacturing. Lam Research Sees Record Foundry Sales: Can the Momentum Continue?
• Positive Sentiment: SK Hynix’s expectation that memory shortages could persist through 2030 is fueling hopes for years of fab construction and sustained orders for equipment makers, including LRCX. The broader chip-sector rebound has added momentum. Chip Equipment Stocks Rally as SK Hynix Signals Memory Shortage Into 2030
• Positive Sentiment: Analyst coverage continues to emphasize AI infrastructure demand, rising chip complexity and projected 2026 systems-revenue growth above 40%. Some market commentary also describes LRCX as attractively valued relative to its earnings-growth outlook. Top Analyst Reports for Lam Research, Lockheed Martin & Equinor
• Neutral Sentiment: Investor attention remains unusually high, while institutional activity was mixed: more funds added LRCX shares than reduced positions in the latest reported quarter. This signals interest but does not establish a clear near-term price direction. Lam Research Corporation Is Attracting Investor Attention
• Negative Sentiment: Supply constraints may prevent Lam Research from fully converting strong demand into near-term revenue growth, creating execution risk despite favorable industry trends. Lam Research Stock: Supply Constraints Limit Growth
• Negative Sentiment: Reported insider transactions show substantial selling and no purchases over the past six months. While sales may reflect diversification or scheduled transactions, the pattern can weigh on sentiment.

Lam Research Company Profile

Lam Research Corporation (NASDAQ:LRCX) is a semiconductor equipment company that develops and manufactures systems used to fabricate integrated circuits. Its technologies support key stages of wafer processing, helping semiconductor manufacturers create the increasingly complex structures found in memory, logic and other types of chips.

The company’s product portfolio includes etch systems, which selectively remove materials from wafers; deposition systems, which apply thin films; and cleaning solutions used to remove contaminants and residue during manufacturing.