Metis Global Partners LLC Sells 3,095 Shares of Lam Research Corporation $LRCX

Metis Global Partners LLC decreased its position in Lam Research Corporation (NASDAQ:LRCX) by 5.8% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 50,623 shares of the semiconductor company’s stock after selling 3,095 shares during the period. Metis Global Partners LLC’s holdings in Lam Research were worth $8,666,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Lam Research by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock valued at $17,537,447,000 after acquiring an additional 364,949 shares in the last quarter. State Street Corp raised its stake in shares of Lam Research by 0.4% during the 3rd quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock worth $8,024,684,000 after purchasing an additional 265,805 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Lam Research by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 33,747,368 shares of the semiconductor company’s stock worth $5,764,117,000 after purchasing an additional 126,613 shares in the last quarter. Norges Bank bought a new stake in shares of Lam Research during the 4th quarter worth approximately $3,645,427,000. Finally, Invesco Ltd. raised its stake in shares of Lam Research by 18.2% during the 3rd 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 in the last quarter. Institutional investors own 84.61% of the company’s stock.

Lam Research Stock Down 1.6%

LRCX stock opened at $321.80 on Thursday. 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 firm has a market capitalization of $402.43 billion, a PE ratio of 60.72, a PEG ratio of 2.71 and a beta of 1.85. Lam Research Corporation has a 1-year low of $87.75 and a 1-year high of $349.09. The business’s 50 day simple moving average is $280.23 and its 200 day simple moving average is $231.09.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The business had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. During the same period in the previous year, the firm earned $1.04 EPS. The firm’s revenue was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, research analysts anticipate that Lam Research Corporation will post 5.67 EPS for the current year.

Lam Research Dividend Announcement

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

More Lam Research News

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

• Positive Sentiment: Barclays raised its price target on Lam Research (LRCX) to $335 from $275, citing higher wafer fabrication equipment estimates and reinforcing a constructive outlook for chip tools demand. MarketScreener
• Positive Sentiment: Another report said semiconductor equipment stocks, including Lam Research, were trading near record highs as investors continued to bet on strong AI-driven demand for new chip gear. Applied Materials, Other Chip Gear Stocks At Record Highs
• Positive Sentiment: UBS previously lifted its price target on LRCX to $375 from $310, helping fuel the recent rally in the stock. Why Lam Research (LRCX) Stock Is Trading Up Today
• Neutral Sentiment: Lam Research was also mentioned in a broader “unstoppable growth stocks” screen and in investor commentary highlighting its strategic role in the semiconductor industry, but these items did not include new company-specific fundamentals.
• Negative Sentiment: Despite the positive analyst action, Lam Research recently slipped as the semiconductor sector came under pressure, with a broader “correction underway” narrative weighing on chip stocks. Lam Research (LRCX) Falls More Steeply Than Broader Market: What Investors Need to Know

Insiders Place Their Bets

In other Lam Research news, insider Ava Harter sold 6,010 shares of the company’s stock in a transaction on 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 transaction, the insider directly owned 53,205 shares of the company’s stock, valued at $13,762,005.30. This represents a 10.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Neil J. Fernandes sold 18,170 shares of the company’s stock in a transaction on 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 completion of the transaction, the senior vice president directly owned 66,129 shares in the company, valued at approximately $16,872,153.06. This represents a 21.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 31,839 shares of company stock worth $8,561,667. Insiders own 0.31% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. TD Cowen upped their price objective on Lam Research from $290.00 to $340.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Needham & Company LLC reiterated a “buy” rating and set a $300.00 price objective on shares of Lam Research in a research note on Thursday, April 23rd. B. Riley Financial upped their price objective on Lam Research from $350.00 to $375.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Berenberg Bank upped their price objective on Lam Research from $265.00 to $335.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Finally, BNP Paribas Exane upped their price objective on Lam Research from $250.00 to $260.00 and gave the stock a “neutral” rating in a research note on Thursday, April 23rd. Twenty-seven research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $322.01.

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.