Lam Research Corporation $LRCX Shares Sold by KPP Advisory Services LLC

KPP Advisory Services LLC reduced its position in Lam Research Corporation (NASDAQ:LRCX) by 11.1% in the 1st quarter, Holdings Channel reports. The fund owned 13,520 shares of the semiconductor company’s stock after selling 1,689 shares during the period. KPP Advisory Services LLC’s holdings in Lam Research were worth $2,889,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Innova Wealth Partners acquired a new position in Lam Research during the first quarter worth approximately $205,000. Capital Asset Advisory Services LLC lifted its stake in shares of Lam Research by 77.4% during the first quarter. Capital Asset Advisory Services LLC now owns 2,484 shares of the semiconductor company’s stock worth $531,000 after purchasing an additional 1,084 shares in the last quarter. WD Rutherford LLC lifted its position in Lam Research by 22.0% during the 1st quarter. WD Rutherford LLC now owns 12,281 shares of the semiconductor company’s stock worth $2,624,000 after acquiring an additional 2,218 shares in the last quarter. EJMK Ventures LLC lifted its position in shares of Lam Research by 32.1% during the first quarter. EJMK Ventures LLC now owns 2,143 shares of the semiconductor company’s stock worth $458,000 after purchasing an additional 521 shares in the last quarter. Finally, Fulton Bank N.A. boosted its position in Lam Research by 0.9% in the 1st quarter. Fulton Bank N.A. now owns 17,519 shares of the semiconductor company’s stock valued at $3,743,000 after buying an additional 162 shares during the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Lam Research News Roundup

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

• Positive Sentiment: Analysts remain generally upbeat on Lam Research, with recent price targets raised as high as $500 and several firms maintaining Buy/Outperform ratings, suggesting Wall Street still sees meaningful upside. Is Lam Research (LRCX) a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: Multiple reports highlighted that AI infrastructure spending, advanced memory/foundry demand, and advanced packaging growth could keep boosting revenue and margins, with one note suggesting Q4 gross margin could top 50% for the first time. Can AI Demand Help Lam Research Hit New Highs for Gross Margin in Q4?
• Positive Sentiment: Lam Research was also added to the Russell Top 50 Index, which can increase institutional visibility and support fund buying over time. Lam Research (LRCX) Joins The Russell Top 50 Index As Its Market Profile Grows
• Neutral Sentiment: Recent earnings-preview coverage pointed to a strong historical pattern of beating estimates, but this was framed as an expectation rather than a new catalyst. Will Lam Research (LRCX) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Several articles noted that Lam Research is up dramatically in 2026, which supports the long-term bull case but may also encourage short-term traders to lock in gains. Lam Research Stock Surges 154% in H1’26: Should You Buy More or Exit?
• Negative Sentiment: The stock’s latest move was a steep drop, and commentary suggests semiconductor equipment names were hit by broader profit-taking in the chip sector rather than a fresh operational setback at Lam Research. Lam Research (LRCX) Registers a Bigger Fall Than the Market: Important Facts to Note

Lam Research Trading Down 9.7%

NASDAQ:LRCX opened at $391.26 on Thursday. The stock has a market cap of $489.30 billion, a PE ratio of 73.82, a price-to-earnings-growth ratio of 3.58 and a beta of 1.79. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. The stock’s 50-day moving average is $322.77 and its two-hundred day moving average is $255.36. Lam Research Corporation has a fifty-two week low of $90.93 and a fifty-two week high of $438.50.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The company had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. During the same quarter in the prior year, the firm earned $1.04 EPS. The company’s revenue was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, equities research analysts forecast that Lam Research Corporation will post 5.68 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Wednesday, June 17th will be given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Wednesday, June 17th. Lam Research’s dividend payout ratio is presently 19.62%.

Insider Transactions at Lam Research

In related news, insider Ava Harter sold 6,010 shares of the stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $258.66, for a total value of $1,554,546.60. Following the transaction, the insider owned 53,205 shares in the company, valued at approximately $13,762,005.30. This 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, Director Eric Brandt sold 54,500 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $350.80, for a total value of $19,118,600.00. Following the transaction, the director owned 199,205 shares in the company, valued at approximately $69,881,114. This trade represents a 21.48% decrease in their ownership of the stock. 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 sold 86,339 shares of company stock valued at $27,680,267 in the last three months. Corporate insiders own 0.31% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on LRCX. Royal Bank Of Canada raised their price target on shares of Lam Research from $290.00 to $310.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Wall Street Zen cut Lam Research from a “buy” rating to a “hold” rating in a research note on Sunday, May 10th. BNP Paribas Exane raised their target price on Lam Research from $250.00 to $260.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. TD Cowen boosted their price target on shares of Lam Research from $290.00 to $340.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Finally, B. Riley Financial boosted their price objective on Lam Research from $350.00 to $375.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Twenty-eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $345.39.

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.