Van ECK Associates Corp Sells 1,851,948 Shares of Lam Research Corporation $LRCX

Van ECK Associates Corp decreased its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 40.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,719,592 shares of the semiconductor company’s stock after selling 1,851,948 shares during the quarter. Van ECK Associates Corp’s holdings in Lam Research were worth $465,540,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in LRCX. PMV Capital Advisers LLC bought a new stake in shares of Lam Research in the 4th quarter valued at $25,000. Stance Capital LLC bought a new stake in shares of Lam Research in the 3rd quarter valued at $26,000. Triumph Capital Management bought a new stake in shares of Lam Research in the 3rd quarter valued at $27,000. Strategic Wealth Investment Group LLC bought a new stake in shares of Lam Research in the 2nd quarter valued at $29,000. Finally, Core Wealth Advisors LLC bought a new stake in shares of Lam Research in the 4th quarter valued at $29,000. Institutional investors own 84.61% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Neil J. Fernandes sold 18,170 shares of Lam Research stock in a transaction on Friday, May 1st. The shares were sold at an average price of $255.14, for a total transaction 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. This trade represents a 21.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 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 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. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 31,839 shares of company stock worth $8,561,667. 0.31% of the stock is owned by company insiders.

Lam Research Stock Up 1.2%

Lam Research stock opened at $366.81 on Friday. Lam Research Corporation has a twelve month low of $87.75 and a twelve month high of $373.82. The company’s 50-day moving average price is $286.10 and its two-hundred day moving average price is $233.58. The stock has a market cap of $458.72 billion, a P/E ratio of 69.21, a P/E/G ratio of 3.00 and a beta of 1.85. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35.

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

Lam Research Announces Dividend

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

Wall Street Analysts Forecast Growth

LRCX has been the subject of a number of recent analyst reports. Bank of America upped their price objective on shares of Lam Research from $285.00 to $330.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. Stifel Nicolaus increased their price objective 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. Mizuho set a $380.00 price objective on shares of Lam Research and gave the stock an “outperform” rating in a research note on Wednesday, May 27th. Morgan Stanley upgraded shares of Lam Research from an “underweight” rating to an “overweight” rating and increased their price objective for the stock from $293.00 to $331.00 in a research note on Monday, May 18th. Finally, Oppenheimer restated an “outperform” rating and set a $330.00 price objective on shares of Lam Research in a research note on Thursday, April 23rd. Twenty-eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $322.01.

Trending Headlines about Lam Research

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

• Positive Sentiment: Lam Research is benefiting from renewed optimism around wafer-fab equipment demand, with management recently raising its 2026 WFE market forecast to $140 billion and analysts lifting price targets on expectations that AI-driven chip investment will stay strong. Article Title
• Positive Sentiment: Recent coverage highlighted Lam Research as a core beneficiary of the AI infrastructure boom, with Barclays reiterating constructive views on chip-equipment names and investors focusing on ongoing spending for new semiconductor supply. Article Title
• Positive Sentiment: Lam Research’s recent earnings outperformance and upbeat guidance continue to support the bullish case, with the company beating estimates and projecting stronger revenue momentum into upcoming quarters. Article Title
• Neutral Sentiment: Some recent pieces focus on valuation after the AI-driven rally, suggesting investors are now weighing how much upside is already priced in after a sharp run-up. Article Title
• Negative Sentiment: Broader semiconductor stocks have remained volatile, and one recent session saw LRCX fall more steeply than the market, showing that the stock can still be pressured by sector-wide AI and macro swings. Article Title

Lam Research 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.