Lam Research Corporation $LRCX Shares Sold by Bailard Inc.

Bailard Inc. cut its stake in Lam Research Corporation (NASDAQ:LRCX) by 22.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 45,497 shares of the semiconductor company’s stock after selling 13,285 shares during the quarter. Bailard Inc.’s holdings in Lam Research were worth $7,788,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. PMV Capital Advisers LLC acquired a new stake in shares of Lam Research in the 4th quarter worth $25,000. Stance Capital LLC acquired a new stake in shares of Lam Research in the 3rd quarter worth $26,000. Triumph Capital Management acquired a new stake in shares of Lam Research in the 3rd quarter worth $27,000. Harbor Investment Advisory LLC increased its stake in shares of Lam Research by 73.9% in the 4th quarter. Harbor Investment Advisory LLC now owns 240 shares of the semiconductor company’s stock worth $41,000 after acquiring an additional 102 shares during the last quarter. Finally, WealthCollab LLC increased its stake in shares of Lam Research by 29.3% in the 4th quarter. WealthCollab LLC now owns 243 shares of the semiconductor company’s stock worth $42,000 after acquiring an additional 55 shares during the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on LRCX. Barclays set a $275.00 target price on Lam Research and gave the stock an “equal weight” rating in a research note on Thursday, April 23rd. Argus raised their price objective on Lam Research from $175.00 to $280.00 in a research report on Tuesday, February 3rd. Erste Group Bank downgraded Lam Research from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. BNP Paribas Exane raised their price objective on Lam Research from $250.00 to $260.00 and gave the stock a “neutral” rating in a research report on Thursday, April 23rd. Finally, Jefferies Financial Group raised their price objective on Lam Research from $285.00 to $315.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Twenty-six analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $285.94.

Lam Research Stock Up 0.7%

Shares of NASDAQ:LRCX opened at $296.05 on Tuesday. The business has a 50-day moving average price of $240.96 and a 200 day moving average price of $207.09. 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 company has a market capitalization of $370.23 billion, a price-to-earnings ratio of 55.86, a PEG ratio of 2.43 and a beta of 1.81. Lam Research Corporation has a 12-month low of $79.49 and a 12-month high of $300.00.

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

Key Stories Impacting Lam Research

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

• Positive Sentiment: Lam Research is benefiting from renewed enthusiasm around AI infrastructure spending, with commentary highlighting stronger demand across semiconductor end markets, advanced packaging momentum, and supportive analyst views. Assessing Lam Research (LRCX) Valuation After AI Infrastructure Momentum And Analyst Upgrades
• Positive Sentiment: Investors are also reacting to articles noting that LRCX trades near its 52-week high because AI chipmaking demand is driving strong quarterly sales, margin expansion, and a favorable outlook for advanced packaging. Lam Research Stock Trades Near 52-Week High: Buy More or Book Profits?
• Positive Sentiment: Broad market strength tied to strong earnings and AI optimism is also helping semiconductor names, which can lift sentiment around Lam Research alongside peers. Strong Earnings and AI Optimism Push the S&P 500 and Nasdaq 100 to Record Highs
• Neutral Sentiment: Several articles are mostly repeat commentary or educational pieces about whether investors should buy or take profits near highs, which may influence trading sentiment but do not add new fundamental news. Why Lam Research (LRCX) is a Top Stock for the Long-Term
• Negative Sentiment: A headline noted that Wall Street Zen lowered its rating on Lam Research, but no material downside rationale was provided in the item, so the impact appears limited unless further analyst downgrades follow. Lam Research (NASDAQ:LRCX) Stock Rating Lowered by Wall Street Zen

Insider Buying and Selling at Lam Research

In other Lam Research news, SVP Neil J. Fernandes sold 18,170 shares of Lam Research stock in a transaction dated Friday, May 1st. The stock was 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 of the company’s stock, valued at $16,872,153.06. The trade was a 21.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 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 dated 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 directly owned 53,205 shares of the company’s stock, valued at approximately $13,762,005.30. This represents a 10.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 120,066 shares of company stock valued at $27,953,242 in the last three months. 0.31% of the stock is owned by corporate insiders.

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.