Nwam LLC Sells 3,762 Shares of Lam Research Corporation $LRCX

Nwam LLC trimmed its position in Lam Research Corporation (NASDAQ:LRCX) by 46.9% during the fourth quarter, Holdings Channel reports. The firm owned 4,267 shares of the semiconductor company’s stock after selling 3,762 shares during the quarter. Nwam LLC’s holdings in Lam Research were worth $730,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of LRCX. Arrowstreet Capital Limited Partnership raised its holdings in shares of Lam Research by 781.3% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock valued at $1,518,542,000 after purchasing an additional 10,053,978 shares during the period. Invesco Ltd. raised its holdings in Lam Research by 18.2% in the 3rd quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock valued at $2,836,397,000 after acquiring an additional 3,263,658 shares during the period. California Public Employees Retirement System raised its holdings in Lam Research by 108.7% in the 3rd quarter. California Public Employees Retirement System now owns 4,526,099 shares of the semiconductor company’s stock valued at $606,045,000 after acquiring an additional 2,356,897 shares during the period. AQR Capital Management LLC raised its holdings in Lam Research by 138.6% in the 3rd quarter. AQR Capital Management LLC now owns 3,541,230 shares of the semiconductor company’s stock valued at $472,294,000 after acquiring an additional 2,056,749 shares during the period. Finally, M&T Bank Corp raised its holdings in Lam Research by 1,925.5% in the 4th quarter. M&T Bank Corp now owns 1,717,551 shares of the semiconductor company’s stock valued at $294,010,000 after acquiring an additional 1,632,754 shares during the period. 84.61% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Lam Research news, CFO Douglas R. Bettinger sold 50,057 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total value of $11,214,269.71. Following the sale, the chief financial officer owned 1,081,705 shares in the company, valued at $242,334,371.15. This trade represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Ava Harter sold 6,010 shares of the firm’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 transaction of $1,554,546.60. Following the completion of the sale, the insider owned 53,205 shares in the company, valued at $13,762,005.30. This represents a 10.15% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 120,066 shares of company stock worth $27,953,242. Corporate insiders own 0.31% of the company’s stock.

Lam Research Stock Performance

NASDAQ LRCX opened at $296.05 on Tuesday. 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 firm has a market capitalization of $370.23 billion, a price-to-earnings ratio of 55.86, a P/E/G ratio of 2.43 and a beta of 1.81. The firm’s 50 day simple moving average is $240.96 and its 200 day simple moving average is $207.09. Lam Research Corporation has a 1 year low of $79.49 and a 1 year high of $300.00.

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. The business had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The firm’s revenue for the quarter was up 23.8% on a year-over-year basis. During the same quarter last year, the business posted $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, research analysts expect that Lam Research Corporation will post 5.67 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

LRCX has been the topic of several research analyst reports. Berenberg Bank increased their price target on shares of Lam Research from $265.00 to $335.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Bank of America increased their target price on shares of Lam Research from $285.00 to $330.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Mizuho increased their target price on shares of Lam Research from $295.00 to $330.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Argus increased their target price on shares of Lam Research from $175.00 to $280.00 in a research report on Tuesday, February 3rd. Finally, Citigroup restated a “buy” rating and set a $315.00 target price (up from $300.00) on shares of Lam Research in a research report on Thursday, April 23rd. Twenty-six equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $285.94.

Trending Headlines about 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

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.