Archer Investment Corp Buys Shares of 1,624 Lam Research Corporation $LRCX

Archer Investment Corp bought a new position in shares of Lam Research Corporation (NASDAQ:LRCX) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,624 shares of the semiconductor company’s stock, valued at approximately $347,000.

Other institutional investors have also made changes to their positions in the company. Cedar Mountain Advisors LLC lifted its holdings in shares of Lam Research by 242.9% in the 1st quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 85 shares during the last quarter. Vermillion Wealth Management Inc. acquired a new stake in Lam Research in the 1st quarter valued at approximately $26,000. PMV Capital Advisers LLC purchased a new stake in Lam Research in the fourth quarter valued at approximately $25,000. Bayban acquired a new position in Lam Research during the fourth quarter worth $26,000. Finally, Mcguire Capital Advisors Inc. acquired a new position in Lam Research during the fourth quarter worth $27,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. BNP Paribas Exane lifted their price objective on Lam Research from $250.00 to $260.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. Weiss Ratings lowered Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, May 14th. Zacks Research cut Lam Research from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Susquehanna reaffirmed a “positive” rating and issued a $475.00 target price (up from $385.00) on shares of Lam Research in a research report on Tuesday, June 30th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Lam Research from $300.00 to $325.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Twenty-eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $358.67.

Lam Research News Summary

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

• Positive Sentiment: Mizuho raised its price target on Lam Research to $400 from $380 and kept an Outperform rating, saying AI demand should support durable wafer fab equipment spending through 2027-2029. Mizuho Raises its Price Target on Lam Research Corporation (LRCX)
• Positive Sentiment: Analysts and market commentary continue to highlight Lam Research as a beneficiary of AI-related spending, with recent reports pointing to strong demand in HBM, advanced DRAM, and leading-edge chips. Can AI Chip Boom Help LRCX Reach Record Q4 Sales Target of $6.6B?
• Positive Sentiment: QuiverQuant noted the stock is benefiting from improving sentiment across chip-equipment names ahead of Lam Research’s late-July earnings report, which is encouraging traders to rotate back into the group. Lam Research Rises as Chip-Equipment Sentiment Improves Ahead of Earnings
• Neutral Sentiment: Jim Cramer’s recent comments and other media coverage have kept Lam Research in the spotlight, but these articles are mostly reinforcing the bullish AI narrative rather than introducing new company-specific news. Jim Cramer Shares Why am Research Corporation (LRCX) is on Fire
• Negative Sentiment: There is still some near-term caution in the background, including recent weakness tied to cooling AI memory enthusiasm and ongoing semiconductor volatility, which could limit upside if capital spending slows. Lam Research (LRCX) Stock Slides As AI Memory Boom Loses Steam
• Negative Sentiment: Director Abhijit Y. Talwalkar sold 18,282 shares in a pre-arranged Rule 10b5-1 transaction, which may modestly temper sentiment even though the sale was planned. Lam Research director stock sale

Lam Research Trading Up 4.9%

NASDAQ:LRCX opened at $346.10 on Wednesday. Lam Research Corporation has a 12-month low of $90.93 and a 12-month high of $438.50. The firm has a market cap of $432.82 billion, a PE ratio of 65.30, a price-to-earnings-growth ratio of 1.95 and a beta of 1.80. 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 fifty day moving average price of $337.74 and a 200 day moving average price of $266.51.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.11. The company 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%.Lam Research’s revenue was up 23.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Sell-side analysts anticipate that Lam Research Corporation will post 5.68 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th were issued a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, June 17th. This represents a $1.04 annualized dividend and a yield of 0.3%. Lam Research’s dividend payout ratio (DPR) is 19.62%.

Insider Activity

In related news, SVP Neil J. Fernandes sold 7,659 shares of Lam Research stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $309.60, for a total value of $2,371,226.40. Following the completion of the transaction, the senior vice president owned 58,470 shares in the company, valued at $18,102,312. The trade was a 11.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 the business’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the transaction, the insider owned 53,205 shares of the company’s stock, valued at $13,762,005.30. This trade represents a 10.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 104,621 shares of company stock worth $33,804,737 in the last ninety days. 0.31% of the stock is owned by insiders.

About Lam Research

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.