Gilpin Wealth Management LLC Purchases New Stake in Lam Research Corporation $LRCX

Gilpin Wealth Management LLC purchased a new stake in Lam Research Corporation (NASDAQ:LRCX) in the 4th quarter, HoldingsChannel reports. The fund purchased 1,554 shares of the semiconductor company’s stock, valued at approximately $266,000.

Other hedge funds have also bought and sold shares of the company. PMV Capital Advisers LLC acquired a new stake in Lam Research in the 4th quarter valued at $25,000. Stance Capital LLC acquired a new stake in Lam Research in the 3rd quarter valued at $26,000. Triumph Capital Management acquired a new stake in Lam Research in the 3rd quarter valued at $27,000. Core Wealth Advisors LLC acquired a new stake in Lam Research in the 4th quarter valued at $29,000. Finally, Strategic Wealth Investment Group LLC acquired a new stake in Lam Research in the 2nd quarter valued at $29,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Transactions at Lam Research

In related news, insider Ava Harter sold 6,010 shares of the firm’s stock in a transaction dated 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 approximately $13,762,005.30. This trade represents a 10.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Neil J. Fernandes sold 7,659 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the sale, the senior vice president owned 58,470 shares of the company’s stock, valued at $18,102,312. This trade represents a 11.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 31,839 shares of company stock valued at $8,561,667 in the last 90 days. 0.31% of the stock is currently owned by corporate insiders.

Lam Research News Roundup

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

• Positive Sentiment: Barclays raised its price target on Lam Research (LRCX) to $335 from $275, citing higher wafer fabrication equipment estimates and reinforcing a constructive outlook for chip tools demand. MarketScreener
• Positive Sentiment: Another report said semiconductor equipment stocks, including Lam Research, were trading near record highs as investors continued to bet on strong AI-driven demand for new chip gear. Applied Materials, Other Chip Gear Stocks At Record Highs
• Positive Sentiment: UBS previously lifted its price target on LRCX to $375 from $310, helping fuel the recent rally in the stock. Why Lam Research (LRCX) Stock Is Trading Up Today
• Neutral Sentiment: Lam Research was also mentioned in a broader “unstoppable growth stocks” screen and in investor commentary highlighting its strategic role in the semiconductor industry, but these items did not include new company-specific fundamentals.
• Negative Sentiment: Despite the positive analyst action, Lam Research recently slipped as the semiconductor sector came under pressure, with a broader “correction underway” narrative weighing on chip stocks. Lam Research (LRCX) Falls More Steeply Than Broader Market: What Investors Need to Know

Lam Research Price Performance

Shares of NASDAQ:LRCX opened at $321.80 on Thursday. 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 stock’s fifty day simple moving average is $280.23 and its two-hundred day simple moving average is $231.09. Lam Research Corporation has a 1-year low of $87.75 and a 1-year high of $349.09. The stock has a market cap of $402.43 billion, a PE ratio of 60.72, a price-to-earnings-growth ratio of 2.71 and a beta of 1.85.

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

Lam Research Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be issued a dividend of $0.26 per share. 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 (DPR) is 19.62%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on LRCX shares. Wells Fargo & Company reissued an “overweight” rating and issued a $575.00 price target (up from $320.00) on shares of Lam Research in a research report on Monday, June 1st. BNP Paribas Exane raised their price objective on Lam Research from $250.00 to $260.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. B. Riley Financial raised their price objective on Lam Research from $350.00 to $375.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Stifel Nicolaus raised their price objective on Lam Research from $300.00 to $325.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Finally, Citigroup restated a “buy” rating and set a $315.00 price objective (up from $300.00) on shares of Lam Research in a research note on Thursday, April 23rd. Twenty-seven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Lam Research currently has a consensus rating of “Moderate Buy” and a consensus price target of $322.01.

About Lam Research

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.