Flatrock Wealth Partners LLC Takes Position in Lam Research Corporation $LRCX

Flatrock Wealth Partners LLC purchased a new stake in shares of Lam Research Corporation (NASDAQ:LRCX) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 2,171 shares of the semiconductor company’s stock, valued at approximately $464,000.

A number of other large investors have also recently added to or reduced their stakes in LRCX. Brighton Jones LLC grew its holdings in shares of Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after purchasing an additional 12,936 shares during the period. Caxton Associates LLP purchased a new stake in Lam Research in the 1st quarter valued at about $239,000. Gabelli Funds LLC acquired a new position in Lam Research in the second quarter valued at about $253,000. NewEdge Advisors LLC lifted its position in Lam Research by 2.7% in the second quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company’s stock valued at $9,785,000 after buying an additional 2,661 shares during the last quarter. Finally, Osterweis Capital Management Inc. boosted its stake in Lam Research by 5,206.7% during the second quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company’s stock worth $77,000 after buying an additional 781 shares during the period. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

LRCX has been the topic of a number of research analyst reports. TD Cowen boosted their price target on shares of Lam Research from $290.00 to $340.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. 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 report on Tuesday, May 12th. Erste Group Bank downgraded shares of Lam Research from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Seaport Research Partners assumed coverage on Lam Research in a research note on Monday, May 4th. They set a “buy” rating and a $300.00 price target on the stock. Finally, Mizuho set a $380.00 price target on Lam Research and gave the stock an “outperform” rating in a research report on Wednesday, May 27th. Twenty-eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $347.75.

Lam Research Stock Down 6.9%

Shares of NASDAQ LRCX opened at $326.13 on Wednesday. The business’s fifty day simple moving average is $329.35 and its 200-day simple moving average is $260.54. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. The stock has a market cap of $407.85 billion, a P/E ratio of 61.53, a PEG ratio of 2.09 and a beta of 1.80. Lam Research Corporation has a 12-month low of $90.93 and a 12-month high of $438.50.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The firm had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. During the same period in the prior year, the firm earned $1.04 earnings per share. The business’s quarterly revenue was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, equities analysts predict that Lam Research Corporation will post 5.68 EPS for the current fiscal year.

Lam Research Announces Dividend

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

Insiders Place Their Bets

In other Lam Research news, SVP Neil J. Fernandes sold 7,659 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the sale, the senior vice president owned 58,470 shares of the company’s stock, valued at approximately $18,102,312. This trade represents a 11.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Brandt sold 54,500 shares of Lam Research stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $350.80, for a total value of $19,118,600.00. Following the transaction, the director directly owned 199,205 shares in the company, valued at approximately $69,881,114. This trade represents a 21.48% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 86,339 shares of company stock valued at $27,680,267. 0.31% of the stock is owned by corporate insiders.

Lam Research News Summary

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

• Positive Sentiment: Lam Research continues to receive strong Wall Street support, including recent price-target increases from Morgan Stanley, Susquehanna, Goldman Sachs, Cantor Fitzgerald, and others, reflecting confidence in AI infrastructure and wafer-fab equipment demand. Susquehanna Lifts PT on Lam Research (LRCX) – Here’s Why
• Positive Sentiment: The company was recently added to the Russell Top 50, which can boost institutional visibility and trading interest over time. Lam Research (LRCX) Joins Russell Top 50 On An AI Narrative That Looks Fully Valued
• Positive Sentiment: Recent commentary also kept Lam on “top stock for the long term” lists, reinforcing the bullish earnings and growth narrative. Why Lam Research (LRCX) is a Top Stock for the Long-Term
• Neutral Sentiment: Analysts and commentary continue to point to a strong AI and chip-capex backdrop, but those positives are being offset in the near term by sector rotation and profit-taking after a strong run-up. Analysts Just Raised Price Targets On These 3 Semiconductor Equipment Stocks (LRCX)
• Negative Sentiment: The latest drop appears tied to a broad semiconductor-equipment selloff, with investors reassessing AI infrastructure demand and trimming exposure to richly valued chip winners. Why Lam Research (LRCX) Stock Is Down Today
• Negative Sentiment: Insider trading remains skewed toward sales, which may add to investor caution even if it is not the main driver of today’s move. Why Lam Research (LRCX) Stock Is Down Today

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.