Glass Wealth Management Co LLC Purchases 4,215 Shares of Lam Research Corporation $LRCX

Glass Wealth Management Co LLC lifted its position in Lam Research Corporation (NASDAQ:LRCX) by 12.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 38,594 shares of the semiconductor company’s stock after purchasing an additional 4,215 shares during the period. Lam Research comprises approximately 2.7% of Glass Wealth Management Co LLC’s portfolio, making the stock its 12th biggest holding. Glass Wealth Management Co LLC’s holdings in Lam Research were worth $6,607,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in LRCX. Arrowstreet Capital Limited Partnership grew its holdings in shares of Lam Research by 781.3% in the third quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock worth $1,518,542,000 after purchasing an additional 10,053,978 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Lam Research by 18.2% in the third quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock worth $2,836,397,000 after purchasing an additional 3,263,658 shares during the last quarter. California Public Employees Retirement System grew its holdings in shares of Lam Research by 108.7% in the third quarter. California Public Employees Retirement System now owns 4,526,099 shares of the semiconductor company’s stock worth $606,045,000 after purchasing an additional 2,356,897 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of Lam Research by 138.6% in the third quarter. AQR Capital Management LLC now owns 3,541,230 shares of the semiconductor company’s stock worth $472,294,000 after purchasing an additional 2,056,749 shares during the last quarter. Finally, M&T Bank Corp grew its holdings in shares of Lam Research by 1,925.5% in the fourth quarter. M&T Bank Corp now owns 1,717,551 shares of the semiconductor company’s stock worth $294,010,000 after purchasing an additional 1,632,754 shares during the last quarter. Institutional investors own 84.61% of the company’s stock.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Lam Research is benefiting from renewed enthusiasm around AI infrastructure spending, with commentary highlighting stronger demand across semiconductor end markets, advanced packaging momentum, and supportive analyst views. Assessing Lam Research (LRCX) Valuation After AI Infrastructure Momentum And Analyst Upgrades
• Positive Sentiment: Investors are also reacting to articles noting that LRCX trades near its 52-week high because AI chipmaking demand is driving strong quarterly sales, margin expansion, and a favorable outlook for advanced packaging. Lam Research Stock Trades Near 52-Week High: Buy More or Book Profits?
• Positive Sentiment: Broad market strength tied to strong earnings and AI optimism is also helping semiconductor names, which can lift sentiment around Lam Research alongside peers. Strong Earnings and AI Optimism Push the S&P 500 and Nasdaq 100 to Record Highs
• Neutral Sentiment: Several articles are mostly repeat commentary or educational pieces about whether investors should buy or take profits near highs, which may influence trading sentiment but do not add new fundamental news. Why Lam Research (LRCX) is a Top Stock for the Long-Term
• Negative Sentiment: A headline noted that Wall Street Zen lowered its rating on Lam Research, but no material downside rationale was provided in the item, so the impact appears limited unless further analyst downgrades follow. Lam Research (NASDAQ:LRCX) Stock Rating Lowered by Wall Street Zen

Lam Research Stock Performance

Shares of LRCX stock opened at $296.05 on Tuesday. Lam Research Corporation has a 12 month low of $79.49 and a 12 month high of $300.00. The stock has a market cap of $370.23 billion, a PE ratio of 55.86, a price-to-earnings-growth ratio of 2.43 and a beta of 1.81. 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 company’s fifty day moving average price is $240.96 and its 200-day moving average price is $207.09.

Lam Research (NASDAQ:LRCX) last announced 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. 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 analysts’ expectations of $5.70 billion. During the same quarter in the previous year, the business posted $1.04 EPS. The company’s quarterly revenue was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, equities analysts expect that Lam Research Corporation will post 5.67 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

LRCX has been the topic of several recent analyst reports. Needham & Company LLC reiterated a “buy” rating and issued a $300.00 price target on shares of Lam Research in a report on Thursday, April 23rd. Argus lifted their price target on shares of Lam Research from $175.00 to $280.00 in a report on Tuesday, February 3rd. Citigroup reiterated a “buy” rating and issued a $315.00 price target (up from $300.00) on shares of Lam Research in a report on Thursday, April 23rd. Berenberg Bank lifted their price target on shares of Lam Research from $265.00 to $335.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Finally, Oppenheimer reiterated an “outperform” rating and issued a $330.00 price target on shares of Lam Research in a report on Thursday, April 23rd. Twenty-six analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $285.94.

Insider Transactions at Lam Research

In other news, SVP Neil J. Fernandes sold 18,170 shares of Lam Research stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $255.14, for a total value of $4,635,893.80. Following the completion of the transaction, the senior vice president owned 66,129 shares of the company’s stock, valued at $16,872,153.06. The trade was a 21.55% decrease in their position. The transaction was disclosed in a document filed 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, insider Ava Harter sold 6,010 shares of Lam Research stock in a transaction dated Monday, April 27th. The stock was 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 directly owned 53,205 shares of the company’s stock, valued at approximately $13,762,005.30. This represents a 10.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 120,066 shares of company stock valued at $27,953,242 in the last quarter. 0.31% of the stock is owned by insiders.

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.