Black Creek Investment Management Inc. Sells 22,538 Shares of Lam Research Corporation $LRCX

by · The Markets Daily

Black Creek Investment Management Inc. cut its holdings in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 22.5% during the fourth quarter, Holdings Channel reports. The fund owned 77,574 shares of the semiconductor company’s stock after selling 22,538 shares during the period. Lam Research makes up about 0.7% of Black Creek Investment Management Inc.’s portfolio, making the stock its 20th biggest position. Black Creek Investment Management Inc.’s holdings in Lam Research were worth $13,279,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. AFT Forsyth & Company Inc. bought a new stake in Lam Research during the 4th quarter worth approximately $822,000. Arrowstreet Capital Limited Partnership grew its position in Lam Research by 17.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 13,349,470 shares of the semiconductor company’s stock worth $2,285,162,000 after acquiring an additional 2,008,605 shares during the last quarter. Atlas Capital Advisors Inc. bought a new stake in Lam Research during the 4th quarter worth approximately $3,459,000. Aptus Capital Advisors LLC grew its position in Lam Research by 1.0% during the 4th quarter. Aptus Capital Advisors LLC now owns 304,674 shares of the semiconductor company’s stock worth $52,154,000 after acquiring an additional 3,143 shares during the last quarter. Finally, Arete Wealth Advisors LLC grew its position in Lam Research by 242.1% during the 4th quarter. Arete Wealth Advisors LLC now owns 23,491 shares of the semiconductor company’s stock worth $4,021,000 after acquiring an additional 16,624 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Lam Research

In other news, insider Ava Harter sold 6,010 shares of the firm’s stock in a transaction 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 directly owned 53,205 shares in the company, valued at $13,762,005.30. This trade represents a 10.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Neil J. Fernandes sold 18,170 shares of the firm’s stock in a transaction on 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 owned 66,129 shares in the company, valued at $16,872,153.06. This represents a 21.55% 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 a total of 31,839 shares of company stock worth $8,561,667 over the last 90 days. 0.31% of the stock is owned by corporate insiders.

Lam Research Stock Up 1.2%

Shares of LRCX opened at $366.81 on Friday. The firm has a market capitalization of $458.72 billion, a price-to-earnings ratio of 69.21, a PEG ratio of 3.04 and a beta of 1.85. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.77 and a current ratio of 2.54. The business’s fifty day moving average price is $286.10 and its two-hundred day moving average price is $233.58. Lam Research Corporation has a 52 week low of $87.75 and a 52 week high of $373.82.

Lam Research (NASDAQ:LRCX – Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The company had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. During the same quarter in the prior year, the business posted $1.04 EPS. The firm’s quarterly revenue was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, analysts predict that Lam Research Corporation will post 5.7 earnings per share for the current year.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th will be given a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Wednesday, June 17th. Lam Research’s dividend payout ratio (DPR) is currently 19.62%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on LRCX shares. UBS Group restated a “buy” rating and set a $375.00 price target (up from $310.00) on shares of Lam Research in a research report on Tuesday. HSBC increased their price objective on Lam Research from $221.00 to $247.00 and gave the company a “hold” rating in a research report on Friday, April 24th. B. Riley Financial increased their price objective on Lam Research from $350.00 to $375.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Cantor Fitzgerald set a $425.00 price objective on Lam Research and gave the company an “overweight” rating in a research report on Wednesday. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $290.00 price objective on shares of Lam Research in a research report on Thursday, April 23rd. Twenty-eight analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $322.01.

Get Our Latest Stock Analysis on Lam Research

Key Headlines Impacting Lam Research

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

  • Positive Sentiment: Lam Research is benefiting from renewed optimism around wafer-fab equipment demand, with management recently raising its 2026 WFE market forecast to $140 billion and analysts lifting price targets on expectations that AI-driven chip investment will stay strong. Article Title
  • Positive Sentiment: Recent coverage highlighted Lam Research as a core beneficiary of the AI infrastructure boom, with Barclays reiterating constructive views on chip-equipment names and investors focusing on ongoing spending for new semiconductor supply. Article Title
  • Positive Sentiment: Lam Research’s recent earnings outperformance and upbeat guidance continue to support the bullish case, with the company beating estimates and projecting stronger revenue momentum into upcoming quarters. Article Title
  • Neutral Sentiment: Some recent pieces focus on valuation after the AI-driven rally, suggesting investors are now weighing how much upside is already priced in after a sharp run-up. Article Title
  • Negative Sentiment: Broader semiconductor stocks have remained volatile, and one recent session saw LRCX fall more steeply than the market, showing that the stock can still be pressured by sector-wide AI and macro swings. Article Title

Lam Research Company 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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