Aventura Private Wealth LLC Takes $497,000 Position in Lam Research Corporation $LRCX

Aventura Private Wealth LLC bought a new position in shares of Lam Research Corporation (NASDAQ:LRCX) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,905 shares of the semiconductor company’s stock, valued at approximately $497,000.

Several other hedge funds and other institutional investors have also bought and sold shares of LRCX. Stance Capital LLC acquired a new position in shares of Lam Research in the 3rd quarter valued at about $26,000. Triumph Capital Management bought a new stake in Lam Research in the third quarter worth approximately $27,000. Howard Hughes Medical Institute bought a new stake in Lam Research in the second quarter worth approximately $27,000. Sound Income Strategies LLC acquired a new position in Lam Research in the third quarter valued at approximately $41,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of Lam Research during the 3rd quarter worth approximately $40,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Analyst Ratings Changes

LRCX has been the subject of several research analyst reports. Stifel Nicolaus lifted their price target on shares of Lam Research from $250.00 to $280.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Jefferies Financial Group restated a “buy” rating and issued a $200.00 target price (up from $175.00) on shares of Lam Research in a research note on Monday, December 15th. B. Riley Financial reaffirmed a “buy” rating on shares of Lam Research in a research report on Thursday, January 15th. The Goldman Sachs Group set a $262.00 price target on Lam Research and gave the stock a “buy” rating in a research note on Thursday, January 29th. Finally, Mizuho set a $265.00 price target on Lam Research in a report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Lam Research currently has a consensus rating of “Moderate Buy” and a consensus price target of $245.35.

Insider Buying and Selling at Lam Research

In other Lam Research news, insider Ava Harter sold 1,500 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $222.66, for a total value of $333,990.00. Following the completion of the transaction, the insider directly owned 53,205 shares in the company, valued at $11,846,625.30. This represents a 2.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Eric Brandt sold 35,000 shares of Lam Research stock in a transaction on Friday, February 6th. The shares were sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the transaction, the director owned 253,705 shares in the company, valued at approximately $57,235,848. This trade represents a 12.12% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 130,886 shares of company stock valued at $29,658,802. Company insiders own 0.31% of the company’s stock.

Lam Research Price Performance

NASDAQ LRCX opened at $228.36 on Friday. The company has a 50-day moving average price of $226.92 and a 200-day moving average price of $177.01. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $256.68. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $285.17 billion, a P/E ratio of 46.80, a PEG ratio of 2.52 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The company had revenue of $5.34 billion for the quarter, compared to the consensus estimate of $5.23 billion. During the same quarter last year, the firm posted $0.91 earnings per share. The firm’s revenue was up 22.1% compared to the same quarter last year. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Equities research analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be given a dividend of $0.26 per share. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 annualized dividend and a yield of 0.5%. Lam Research’s payout ratio is 21.31%.

Lam Research Company 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.