Lam Research Corporation $LRCX Shares Purchased by Cwm LLC

Cwm LLC raised its position in Lam Research Corporation (NASDAQ:LRCX) by 84.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 124,283 shares of the semiconductor company’s stock after buying an additional 56,792 shares during the period. Cwm LLC’s holdings in Lam Research were worth $16,642,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. IMG Wealth Management Inc. purchased a new position in shares of Lam Research in the second quarter valued at approximately $26,000. Howard Hughes Medical Institute purchased a new position in Lam Research in the 2nd quarter valued at $27,000. Sound Income Strategies LLC acquired a new stake in Lam Research during the 3rd quarter worth $41,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of Lam Research during the second quarter worth $29,000. Finally, Delos Wealth Advisors LLC acquired a new stake in shares of Lam Research in the second quarter valued at about $30,000. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Lam Research

In other news, Director Bethany Mayer sold 1,298 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $159.99, for a total value of $207,667.02. Following the transaction, the director directly owned 1,652 shares in the company, valued at approximately $264,303.48. This represents a 44.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Douglas R. Bettinger sold 40,080 shares of the stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the transaction, the chief financial officer directly owned 987,237 shares of the company’s stock, valued at $148,677,892.20. The trade was a 3.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 102,608 shares of company stock worth $14,916,496. 0.31% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms recently weighed in on LRCX. Dbs Bank boosted their price target on shares of Lam Research from $119.40 to $184.20 in a research report on Monday, October 27th. Needham & Company LLC boosted their target price on Lam Research from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. JPMorgan Chase & Co. upped their price target on Lam Research from $113.00 to $165.00 and gave the company an “overweight” rating in a research report on Thursday, October 23rd. B. Riley lifted their price objective on Lam Research from $180.00 to $195.00 and gave the stock a “buy” rating in a research report on Thursday, December 18th. Finally, UBS Group reissued a “buy” rating and set a $200.00 price objective (up previously from $175.00) on shares of Lam Research in a research note on Tuesday. Twenty-six equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, Lam Research presently has a consensus rating of “Moderate Buy” and an average price target of $161.21.

Lam Research Trading Up 0.4%

LRCX opened at $178.07 on Friday. The stock has a market capitalization of $223.66 billion, a PE ratio of 39.22, a P/E/G ratio of 2.06 and a beta of 1.77. Lam Research Corporation has a one year low of $56.32 and a one year high of $179.80. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21. The business’s 50 day moving average price is $158.39 and its 200 day moving average price is $126.21.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.04. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The company had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.23 billion. During the same quarter in the previous year, the business earned $0.86 earnings per share. The company’s revenue for the quarter was up 27.7% on a year-over-year basis. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, equities research analysts expect that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd will be given a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 0.6%. Lam Research’s dividend payout ratio is presently 22.91%.

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.