Friedenthal Financial Acquires Shares of 5,106 Lam Research Corporation $LRCX

Friedenthal Financial acquired a new stake in Lam Research Corporation (NASDAQ:LRCX) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,106 shares of the semiconductor company’s stock, valued at approximately $1,091,000.

A number of other hedge funds also recently modified their holdings of the stock. Vermillion Wealth Management Inc. acquired a new position in Lam Research in the 1st quarter valued at about $26,000. PMV Capital Advisers LLC bought a new position in shares of Lam Research during the fourth quarter worth approximately $25,000. Bayban bought a new position in Lam Research during the 4th quarter worth $26,000. Mcguire Capital Advisors Inc. bought a new position in shares of Lam Research in the fourth quarter worth $27,000. Finally, Core Wealth Advisors LLC bought a new position in Lam Research in the 4th quarter valued at about $29,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Lam Research Stock Up 0.4%

Shares of NASDAQ:LRCX opened at $372.92 on Thursday. Lam Research Corporation has a 12-month low of $90.93 and a 12-month high of $409.75. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. The stock has a market cap of $466.37 billion, a price-to-earnings ratio of 70.36, a PEG ratio of 3.06 and a beta of 1.85. The business’s 50 day moving average is $309.03 and its 200 day moving average is $246.96.

Lam Research (NASDAQ:LRCX) last announced its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating 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 company had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. During the same quarter in the prior year, the company posted $1.04 earnings per share. 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. On average, sell-side analysts forecast that Lam Research Corporation will post 5.7 earnings per share for the current fiscal year.

Lam Research Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts have recently issued reports on LRCX shares. Rothschild & Co Redburn lifted their price target on Lam Research from $305.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday, June 17th. Jefferies Financial Group increased their price objective on Lam Research from $285.00 to $315.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft lifted their price objective on Lam Research from $300.00 to $325.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Susquehanna upped their price target on shares of Lam Research from $350.00 to $385.00 and gave the company a “positive” rating in a research report on Thursday, April 23rd. Finally, Bank of America raised their price objective on shares of Lam Research from $330.00 to $480.00 and gave the stock a “buy” rating in a research report on Tuesday. Twenty-eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, Lam Research has a consensus rating of “Moderate Buy” and a consensus target price of $334.43.

Insider Activity at Lam Research

In related news, SVP Neil J. Fernandes sold 18,170 shares of Lam Research stock in a transaction that occurred 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 sale, the senior vice president owned 66,129 shares of the company’s stock, valued at approximately $16,872,153.06. The trade was a 21.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The shares were 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 owned 53,205 shares in the company, valued at approximately $13,762,005.30. The trade was a 10.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 86,339 shares of company stock worth $27,680,267. 0.31% of the stock is owned by company insiders.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Wells Fargo raised its LRCX price target to $450 and maintained an Overweight rating, signaling confidence in continued strength across semiconductor equipment demand. Wells Fargo Raises its Price Target on Lam Research (LRCX)
• Positive Sentiment: Bank of America reportedly boosted its target to $480 and reiterated a Buy rating, reinforcing the bullish analyst tone around Lam Research. Benzinga report on Lam Research price target increase
• Positive Sentiment: Analysts highlighted surging NAND equipment demand and ongoing AI infrastructure spending as reasons LRCX may have more upside ahead. Lam Research Stock Just Got a New Street-High Price Target
• Neutral Sentiment: Recent commentary noted Lam Research has already had a massive run in 2026, which can keep investor expectations elevated and make the stock more sensitive to valuation swings. Lam Research Stock Is Up 114% So Far in 2026
• Negative Sentiment: The stock has also been hit by a broad chip-sector selloff and profit-taking, suggesting recent weakness was more about industry rotation than company-specific fundamentals. Lam Research slides as global chip selloff outweighs strong recent fundamentals

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.