Insight Advisors LLC PA Cuts Stock Holdings in Lam Research Corporation $LRCX

Insight Advisors LLC PA reduced its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 25.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,969 shares of the semiconductor company’s stock after selling 996 shares during the period. Insight Advisors LLC PA’s holdings in Lam Research were worth $289,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in LRCX. Vanguard Group Inc. increased its stake in Lam Research by 6.9% in the 1st quarter. Vanguard Group Inc. now owns 129,152,102 shares of the semiconductor company’s stock valued at $9,389,358,000 after buying an additional 8,364,375 shares during the last quarter. Nuveen LLC purchased a new position in Lam Research in the first quarter worth $604,344,000. Price T Rowe Associates Inc. MD boosted its position in Lam Research by 99.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,739,221 shares of the semiconductor company’s stock worth $417,242,000 after purchasing an additional 2,864,863 shares during the last quarter. Nordea Investment Management AB raised its stake in shares of Lam Research by 34.1% during the 2nd quarter. Nordea Investment Management AB now owns 10,594,574 shares of the semiconductor company’s stock worth $1,029,210,000 after purchasing an additional 2,692,189 shares during the period. Finally, Boston Partners raised its stake in shares of Lam Research by 9,978.3% during the 1st quarter. Boston Partners now owns 2,350,362 shares of the semiconductor company’s stock worth $170,787,000 after purchasing an additional 2,327,041 shares during the period. 84.61% of the stock is owned by institutional investors.

Lam Research Price Performance

LRCX opened at $147.54 on Friday. The stock’s 50 day moving average price is $122.19 and its 200-day moving average price is $98.97. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $153.70. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.55 and a current ratio of 2.21. The stock has a market capitalization of $186.05 billion, a PE ratio of 32.50, a price-to-earnings-growth ratio of 1.71 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.22 by $0.04. Lam Research had a net margin of 29.66% and a return on equity of 61.89%. The firm had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $5.23 billion. During the same period last year, the company posted $0.86 EPS. The company’s quarterly revenue was up 27.7% compared to the same quarter last year. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, equities research analysts predict that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Wednesday, September 24th were paid a $0.26 dividend. This is a boost from Lam Research’s previous quarterly dividend of $0.23. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Wednesday, September 24th. Lam Research’s payout ratio is currently 22.91%.

Insider Activity at Lam Research

In related news, SVP Vahid Vahedi sold 52,190 shares of the stock in a transaction on Monday, October 13th. The stock was sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the sale, the senior vice president directly owned 251,047 shares of the company’s stock, valued at $34,870,428.30. This trade represents a 17.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.31% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on LRCX shares. JPMorgan Chase & Co. raised their price objective on shares of Lam Research from $113.00 to $165.00 and gave the stock an “overweight” rating in a report on Thursday. Erste Group Bank began coverage on shares of Lam Research in a report on Thursday, August 14th. They issued a “buy” rating on the stock. Oppenheimer set a $200.00 price target on shares of Lam Research and gave the stock an “outperform” rating in a report on Thursday. KeyCorp upped their target price on shares of Lam Research from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Tuesday, July 15th. Finally, Wells Fargo & Company boosted their price target on shares of Lam Research from $135.00 to $145.00 and gave the company an “equal weight” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Lam Research has a consensus rating of “Moderate Buy” and an average price target of $144.85.

Lam Research Profile

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.