AXS Investments LLC Purchases 3,743 Shares of Lam Research Corporation $LRCX

AXS Investments LLC raised its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 1,162.4% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,065 shares of the semiconductor company’s stock after buying an additional 3,743 shares during the period. AXS Investments LLC’s holdings in Lam Research were worth $869,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Valued Wealth Advisors LLC raised its stake in shares of Lam Research by 7.9% during the first quarter. Valued Wealth Advisors LLC now owns 589 shares of the semiconductor company’s stock valued at $126,000 after acquiring an additional 43 shares during the last quarter. Greenup Street Wealth Management LLC grew its stake in shares of Lam Research by 1.8% in the first quarter. Greenup Street Wealth Management LLC now owns 2,433 shares of the semiconductor company’s stock worth $520,000 after purchasing an additional 44 shares during the last quarter. Triumph Capital Management grew its stake in shares of Lam Research by 22.5% in the fourth quarter. Triumph Capital Management now owns 245 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 45 shares during the last quarter. Traphagen Investment Advisors LLC increased its holdings in Lam Research by 2.4% during the 4th quarter. Traphagen Investment Advisors LLC now owns 1,963 shares of the semiconductor company’s stock valued at $336,000 after purchasing an additional 46 shares during the period. Finally, Sachetta LLC increased its holdings in Lam Research by 13.3% during the 1st quarter. Sachetta LLC now owns 393 shares of the semiconductor company’s stock valued at $84,000 after purchasing an additional 46 shares during the period. Institutional investors own 84.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on LRCX. Rothschild & Co Redburn increased their price objective on Lam Research from $305.00 to $420.00 and gave the stock a “buy” rating in a report on Wednesday, June 17th. Bank of America boosted their target price on Lam Research from $330.00 to $480.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. The Goldman Sachs Group restated a “buy” rating and set a $290.00 target price on shares of Lam Research in a report on Thursday, April 23rd. HSBC raised their price target on Lam Research from $221.00 to $247.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. Finally, Morgan Stanley lifted their price target on shares of Lam Research from $331.00 to $404.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Twenty-eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Lam Research currently has an average rating of “Moderate Buy” and an average target price of $358.67.

Lam Research Stock Down 4.3%

LRCX stock opened at $320.96 on Friday. Lam Research Corporation has a fifty-two week low of $90.93 and a fifty-two week high of $438.50. The company has a market capitalization of $401.38 billion, a price-to-earnings ratio of 60.56, a price-to-earnings-growth ratio of 1.99 and a beta of 1.80. The business’s 50 day moving average price is $339.19 and its two-hundred day moving average price is $268.63. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. The company had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The firm’s revenue for the quarter 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, analysts forecast that Lam Research Corporation will post 5.68 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

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

Insider Transactions at Lam Research

In other news, SVP Neil J. Fernandes sold 18,170 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $255.14, for a total value of $4,635,893.80. Following the sale, the senior vice president directly owned 66,129 shares of the company’s stock, valued at $16,872,153.06. This represents a 21.55% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $335.00, for a total transaction of $6,124,470.00. Following the completion of the transaction, the director owned 87,142 shares of the company’s stock, valued at approximately $29,192,570. The trade was a 17.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 104,621 shares of company stock worth $33,804,737. Corporate insiders own 0.31% of the company’s stock.

Key Stories Impacting Lam Research

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

• Positive Sentiment: TD Cowen raised its price target on Lam Research and kept a Buy rating, reinforcing expectations that AI-driven semiconductor spending remains a tailwind.
• Positive Sentiment: Morgan Stanley named Lam Research one of its top stock picks for strong upcoming earnings, which supports confidence in the company’s near-term fundamental outlook.
• Positive Sentiment: Recent commentary continues to highlight Lam Research as a beneficiary of AI-related demand for wafer fabrication equipment, HBM, and advanced DRAM.
• Neutral Sentiment: Ithaka Group added LRCX to its portfolio in the second quarter, showing institutional interest, but this is not a direct catalyst for the stock’s move today.
• Neutral Sentiment: Valuation-focused articles suggest Lam Research may already reflect a lot of optimism after a strong multi-year run, which could limit upside if growth expectations cool.
• Negative Sentiment: Director Abhijit Talwalkar sold 18,282 shares in a pre-arranged Rule 10b5-1 transaction, adding a modest headwind to sentiment even though the sale was planned.
• Negative Sentiment: Sector-wide weakness tied to TSMC’s capex reset and ASML-related selling is weighing on Lam Research along with the rest of the semiconductor equipment group.

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.