Lam Research Corporation $LRCX Shares Sold by Claro Advisors LLC

Claro Advisors LLC reduced its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 52.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,113 shares of the semiconductor company’s stock after selling 2,295 shares during the period. Claro Advisors LLC’s holdings in Lam Research were worth $206,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. IMG Wealth Management Inc. acquired a new position in shares of Lam Research during the 2nd quarter worth about $26,000. REAP Financial Group LLC purchased a new stake in Lam Research during the second quarter worth approximately $31,000. 1 North Wealth Services LLC acquired a new position in Lam Research in the first quarter valued at approximately $36,000. Saudi Central Bank purchased a new position in Lam Research in the first quarter valued at approximately $37,000. Finally, Bank of Jackson Hole Trust increased its stake in Lam Research by 111.1% in the second quarter. Bank of Jackson Hole Trust now owns 380 shares of the semiconductor company’s stock valued at $37,000 after purchasing an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Insider Activity at Lam Research

In other Lam Research news, Director Bethany Mayer sold 1,298 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $159.99, for a total value of $207,667.02. Following the transaction, the director directly owned 1,652 shares of the company’s stock, valued at approximately $264,303.48. The trade was a 44.00% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Vahid Vahedi sold 52,190 shares of the company’s stock in a transaction on Monday, October 13th. The stock was sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the transaction, the senior vice president owned 251,047 shares of the company’s stock, valued at approximately $34,870,428.30. The trade was a 17.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 62,498 shares of company stock worth $8,875,663 in the last three months. Insiders own 0.31% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on LRCX shares. Cantor Fitzgerald restated an “overweight” rating and issued a $170.00 target price on shares of Lam Research in a report on Thursday, October 23rd. UBS Group set a $165.00 price target on shares of Lam Research and gave the company a “buy” rating in a research report on Thursday, October 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Lam Research in a report on Wednesday. Berenberg Bank boosted their target price on Lam Research from $122.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Finally, The Goldman Sachs Group raised their price target on Lam Research from $115.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, Lam Research presently has an average rating of “Moderate Buy” and an average price target of $148.54.

Lam Research Price Performance

Shares of LRCX opened at $162.19 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21. Lam Research Corporation has a fifty-two week low of $56.32 and a fifty-two week high of $166.92. The firm has a 50-day simple moving average of $133.76 and a 200-day simple moving average of $105.64. The company has a market capitalization of $203.72 billion, a price-to-earnings ratio of 35.72, a price-to-earnings-growth ratio of 1.68 and a beta of 1.87.

Lam Research (NASDAQ:LRCX) last issued its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.22 by $0.04. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The firm had revenue of $5.32 billion for the quarter, compared to analysts’ expectations of $5.23 billion. During the same quarter in the previous year, the firm posted $0.86 EPS. The firm’s revenue for the quarter was up 27.7% on a year-over-year basis. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, equities research analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Wednesday, December 3rd will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $1.04 annualized dividend and a dividend yield of 0.6%. Lam Research’s dividend payout ratio (DPR) is currently 22.91%.

Lam Research Company Profile

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.