Lam Research Corporation $LRCX Shares Sold by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC lessened its position in Lam Research Corporation (NASDAQ:LRCX) by 18.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 26,857 shares of the semiconductor company’s stock after selling 5,950 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Lam Research were worth $5,738,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of LRCX. Flatrock Wealth Partners LLC purchased a new position in Lam Research during the 1st quarter valued at about $464,000. Montag A & Associates Inc. lifted its holdings in Lam Research by 4.2% during the 1st quarter. Montag A & Associates Inc. now owns 30,402 shares of the semiconductor company’s stock worth $6,502,000 after buying an additional 1,224 shares in the last quarter. WealthPLAN Partners LLC boosted its position in Lam Research by 28.9% in the 1st quarter. WealthPLAN Partners LLC now owns 1,542 shares of the semiconductor company’s stock valued at $329,000 after buying an additional 346 shares during the period. Geneva Partners LLC purchased a new position in Lam Research in the 1st quarter valued at approximately $2,649,000. Finally, Hartline Investment Corp acquired a new position in shares of Lam Research in the first quarter worth $208,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Price Performance

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

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

Lam Research Announces Dividend

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

Key Headlines Impacting Lam Research

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

Insider Activity at Lam Research

In other news, Director Eric Brandt sold 54,500 shares of the company’s stock in a transaction dated 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 sale, the director directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of Lam Research stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $258.66, for a total value of $1,554,546.60. Following the completion of the transaction, the insider owned 53,205 shares in the company, valued at $13,762,005.30. This trade represents a 10.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 86,339 shares of company stock worth $27,680,267 in the last 90 days. 0.31% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Citigroup reiterated a “buy” rating and issued a $450.00 price objective (up from $315.00) on shares of Lam Research in a research note on Wednesday, June 17th. Jefferies Financial Group increased their price target on Lam Research from $285.00 to $315.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft lifted their price objective on Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Wall Street Zen cut shares of Lam Research from a “buy” rating to a “hold” rating in a report on Sunday, May 10th. Finally, Stifel Nicolaus set a $500.00 price target on shares of Lam Research in a research note on Monday, June 29th. Twenty-eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Lam Research presently has an average rating of “Moderate Buy” and an average target price of $347.75.

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.