Vontobel Holding Ltd. Sells 5,859 Shares of Lam Research Corporation $LRCX

by · The Cerbat Gem

Vontobel Holding Ltd. lessened its stake in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 2.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 289,265 shares of the semiconductor company’s stock after selling 5,859 shares during the period. Vontobel Holding Ltd.’s holdings in Lam Research were worth $38,733,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. IMG Wealth Management Inc. purchased a new stake in shares of Lam Research in the 2nd quarter worth $26,000. Howard Hughes Medical Institute bought a new stake in shares of Lam Research in the second quarter valued at about $27,000. Strategic Wealth Investment Group LLC purchased a new stake in Lam Research in the second quarter worth about $29,000. Delos Wealth Advisors LLC bought a new position in Lam Research during the 2nd quarter worth about $30,000. Finally, REAP Financial Group LLC bought a new position in Lam Research during the 2nd quarter worth about $31,000. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Insider Activity at Lam Research

In other 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 transaction of $207,667.02. Following the sale, the director directly owned 1,652 shares of the company’s stock, valued at $264,303.48. The trade was a 44.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Douglas R. Bettinger sold 40,080 shares of the firm’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $150.60, for a total value of $6,036,048.00. Following the completion of the transaction, the chief financial officer owned 987,237 shares of the company’s stock, valued at $148,677,892.20. This trade represents a 3.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 102,608 shares of company stock valued at $14,916,496 over the last three months. 0.31% of the stock is owned by corporate insiders.

Lam Research Trading Up 0.8%

Lam Research stock opened at $176.51 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21. The stock has a market cap of $221.70 billion, a PE ratio of 38.76, a price-to-earnings-growth ratio of 2.02 and a beta of 1.77. The stock has a 50-day moving average of $156.31 and a two-hundred day moving average of $124.61. Lam Research Corporation has a one year low of $56.32 and a one year high of $177.29.

Lam Research (NASDAQ:LRCX – Get Free Report) last posted its quarterly earnings data 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. The firm had revenue of $5.32 billion for the quarter, compared to the consensus estimate of $5.23 billion. Lam Research had a net margin of 29.66% and a return on equity of 60.60%. The company’s revenue for the quarter was up 27.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.86 earnings per share. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. On average, research analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Announces Dividend

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

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on LRCX shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a $200.00 price target (up previously from $175.00) on shares of Lam Research in a research report on Monday, December 15th. Wall Street Zen lowered Lam Research from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. JPMorgan Chase & Co. boosted their price target on Lam Research from $113.00 to $165.00 and gave the stock an “overweight” rating in a research report on Thursday, October 23rd. New Street Research raised their price objective on Lam Research from $105.00 to $140.00 and gave the company a “neutral” rating in a research report on Thursday, October 23rd. Finally, Zacks Research lowered Lam Research from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 24th. Twenty-six research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $161.21.

View Our Latest Research Report on Lam Research

Lam Research Profile

(Free Report)

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.

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