3,726 Shares of Lam Research Corporation $LRCX Bought by Oakmont Investment Advisors Inc.

Oakmont Investment Advisors Inc. acquired a new position in shares of Lam Research Corporation (NASDAQ:LRCX) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 3,726 shares of the semiconductor company’s stock, valued at approximately $1,224,000.

Several other hedge funds also recently modified their holdings of LRCX. Foster Victor Wealth Advisors LLC boosted its stake in Lam Research by 1.1% in the third quarter. Foster Victor Wealth Advisors LLC now owns 103,354 shares of the semiconductor company’s stock worth $33,953,000 after purchasing an additional 1,116 shares in the last quarter. Cantor Fitzgerald Investment Advisors L.P. grew its holdings in shares of Lam Research by 42.6% during the third quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 1,950 shares of the semiconductor company’s stock worth $641,000 after purchasing an additional 583 shares during the last quarter. Mid American Wealth Advisory Group Inc. increased its stake in shares of Lam Research by 44.0% in the third quarter. Mid American Wealth Advisory Group Inc. now owns 1,302 shares of the semiconductor company’s stock valued at $428,000 after buying an additional 398 shares in the last quarter. Magnus Financial Group LLC increased its stake in shares of Lam Research by 1.3% in the third quarter. Magnus Financial Group LLC now owns 17,694 shares of the semiconductor company’s stock valued at $5,813,000 after buying an additional 235 shares in the last quarter. Finally, Momentous Wealth Management Inc. increased its stake in shares of Lam Research by 21.2% in the third quarter. Momentous Wealth Management Inc. now owns 1,324 shares of the semiconductor company’s stock valued at $435,000 after buying an additional 232 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

More Lam Research News

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

• Positive Sentiment: Lam Research reported fiscal first-quarter 2027 adjusted earnings of $2.20 per share, above consensus estimates of approximately $2.17–$2.18 and up from $1.26 a year earlier. Lam Research Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: Quarterly revenue reached $8.22 billion, exceeding the $8.14 billion analyst forecast, while the company reported a 31.27% net margin and 67.60% return on equity. Lam Research Earnings Report
• Neutral Sentiment: The results confirm continued demand for Lam’s semiconductor-manufacturing equipment, but the modest size of the earnings and revenue beats appears insufficient to justify the stock’s substantial prior rally or satisfy investors seeking stronger forward momentum. Lam Research Reports Financial Results
• Negative Sentiment: Post-earnings trading turned lower despite the beat, suggesting investors may have been looking for more positive guidance or evidence that AI-related equipment demand is accelerating. Why Lam Research Stock Slides After Hours
• Negative Sentiment: Chip-equipment sentiment was already weak before the report, with investors reducing risk after a roughly 53% year-to-date rally. Evercore also cut its price target ahead of earnings, adding pressure to the shares. Lam Research Stocks Fall as Evercore Cuts Target
• Negative Sentiment: Recent insider activity shows sales without reported purchases, including transactions by senior executives. While such sales may be scheduled or diversification-related, they can reinforce investor caution at a richly valued stock. Lam Research Insider Trading and Sector Analysis

Insider Transactions at Lam Research

In other Lam Research news, insider Ava Harter sold 5,000 shares of the business’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the completion of the sale, the insider directly owned 42,462 shares of the company’s stock, valued at approximately $12,843,056.52. The trade was a 10.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 9,557 shares of the company’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the transaction, the director owned 20,995 shares in the company, valued at approximately $6,607,966.30. The trade was a 31.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.31% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on LRCX. TD Cowen reaffirmed a “buy” rating and issued a $400.00 price target (up from $340.00) on shares of Lam Research in a report on Thursday, July 9th. Mizuho decreased their price objective on shares of Lam Research from $370.00 to $365.00 and set an “outperform” rating on the stock in a report on Tuesday, August 25th. Zacks Research raised shares of Lam Research from a “hold” rating to a “strong-buy” rating in a report on Friday, July 17th. Morgan Stanley restated an “overweight” rating and issued a $385.00 price objective (up from $367.00) on shares of Lam Research in a research report on Monday, October 5th. Finally, Fundamental Research set a $390.00 price objective on shares of Lam Research in a research report on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $365.07.

Lam Research Stock Down 1.0%

NASDAQ:LRCX opened at $260.81 on Thursday. The company has a market cap of $326.38 billion, a price-to-earnings ratio of 45.28, a P/E/G ratio of 0.96 and a beta of 1.85. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 2.63. The stock’s fifty day moving average price is $306.08 and its two-hundred day moving average price is $309.80. Lam Research Corporation has a 52-week low of $135.50 and a 52-week high of $438.50.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, October 21st. The semiconductor company reported $2.20 earnings per share for the quarter, topping analysts’ consensus estimates of $2.18 by $0.02. Lam Research had a return on equity of 67.60% and a net margin of 31.27%. The company had revenue of $8.22 billion during the quarter, compared to the consensus estimate of $8.14 billion. During the same quarter in the previous year, the company posted $1.26 earnings per share. The firm’s quarterly revenue was up 54.4% on a year-over-year basis. On average, analysts anticipate that Lam Research Corporation will post 9.35 EPS for the current year.

Lam Research Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd were given a $0.33 dividend. The ex-dividend date was Wednesday, September 23rd. This is a positive change from Lam Research’s previous quarterly dividend of $0.26. This represents a $1.32 dividend on an annualized basis and a yield of 0.5%. Lam Research’s dividend payout ratio is 22.92%.

About Lam Research

Lam Research Corporation (NASDAQ:LRCX) is a semiconductor equipment company that develops and manufactures systems used to fabricate integrated circuits. Its technologies support key stages of wafer processing, helping semiconductor manufacturers create the increasingly complex structures found in memory, logic and other types of chips.

The company’s product portfolio includes etch systems, which selectively remove materials from wafers; deposition systems, which apply thin films; and cleaning solutions used to remove contaminants and residue during manufacturing.