Wellington Grp LLC Buys 1,920 Shares of Lam Research Corporation $LRCX

by · The Markets Daily

Wellington Grp LLC lifted its stake in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 41.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,600 shares of the semiconductor company’s stock after buying an additional 1,920 shares during the period. Wellington Grp LLC’s holdings in Lam Research were worth $1,410,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Cedar Mountain Advisors LLC raised its position in Lam Research by 242.9% in the first quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 85 shares during the last quarter. Vermillion Wealth Management Inc. bought a new stake in shares of Lam Research during the first quarter worth about $26,000. Bayban bought a new stake in shares of Lam Research during the fourth quarter worth about $26,000. Mcguire Capital Advisors Inc. acquired a new position in shares of Lam Research in the fourth quarter valued at approximately $27,000. Finally, Core Wealth Advisors LLC acquired a new position in shares of Lam Research in the fourth quarter valued at approximately $29,000. 84.61% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Eric Brandt sold 54,500 shares of Lam Research stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the completion of the transaction, the director owned 199,205 shares of the company’s stock, valued at $69,881,114. This trade represents a 21.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Neil J. Fernandes sold 7,659 shares of the business’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the completion of the transaction, the senior vice president owned 58,470 shares in the company, valued at approximately $18,102,312. The trade was a 11.58% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 80,441 shares of company stock valued at $27,614,296 over the last quarter. Insiders own 0.31% of the company’s stock.

Lam Research Stock Performance

Shares of LRCX stock opened at $293.15 on Friday. The stock has a market capitalization of $366.60 billion, a PE ratio of 50.89, a PEG ratio of 1.77 and a beta of 1.80. The business’s 50 day simple moving average is $340.82 and its 200 day simple moving average is $276.47. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.63 and a quick ratio of 1.77. Lam Research Corporation has a one year low of $90.93 and a one year high of $438.50.

Lam Research (NASDAQ:LRCX – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.13. The firm had revenue of $6.72 billion during the quarter, compared to analyst estimates of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The company’s revenue was up 30.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, research analysts forecast that Lam Research Corporation will post 7.92 earnings per share for the current year.

Lam Research Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, June 17th were given a dividend of $0.26 per share. The ex-dividend date was Wednesday, June 17th. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. Lam Research’s dividend payout ratio is 18.06%.

Key Lam Research News

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

  • Positive Sentiment: Strong fiscal fourth-quarter results and outlook: Lam reported record revenue of $6.72 billion, up approximately 30% year over year, and adjusted EPS of $1.82 versus the $1.69 consensus estimate. Management’s outlook for the next quarter—approximately $8.1 billion in revenue and $2.00–$2.30 in EPS—significantly exceeded expectations. NAND revenue more than doubled sequentially, while customer-support revenue reached another record. LRCX Q4 Earnings Beat on NAND and Customer Support Strength
  • Positive Sentiment: AI and memory demand remain key catalysts: Analysts and investors see Lam benefiting from ongoing AI infrastructure spending, advanced chip production, NAND investment, packaging, and wafer-fabrication demand. Some commentary describes an “extraordinary runway” heading into 2027. This Chip Stock Could Be the Biggest Winner of the AI Memory Boom
  • Positive Sentiment: China memory concerns may be overstated: Mizuho argued that fears of Chinese producer CXMT flooding the DRAM market and pressuring prices are overblown, easing a potential risk to semiconductor-equipment demand. Tech specialist explains why China memory fears are overblown
  • Neutral Sentiment: Analyst views remain broadly constructive but targets are mixed: Needham reaffirmed a Buy rating and $390 target, while Morgan Stanley lowered its target from $404 to $367 and B. Riley reduced its target from $385 to $350, retaining Buy or Overweight ratings. The target cuts suggest expectations are being moderated after the rally, even though analysts still see potential upside. Needham Raises Lam Research EPS Estimates
  • Negative Sentiment: Valuation and insider selling are overhangs: After rising roughly 3.9 times over five years and trading at a high earnings multiple, LRCX may be vulnerable to profit-taking. Reported insider activity shows sales rather than purchases over the past six months, reinforcing caution around current valuation. Has Lam Research Fallen Far Enough to Look Like a Bargain?

Wall Street Analysts Forecast Growth

Several research firms recently commented on LRCX. Sanford C. Bernstein lifted their target price on shares of Lam Research from $325.00 to $340.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Royal Bank Of Canada upped their price target on shares of Lam Research from $290.00 to $310.00 and gave the company an “outperform” rating in a research report on Thursday, April 23rd. TD Cowen restated a “buy” rating and issued a $400.00 price target (up from $340.00) on shares of Lam Research in a research report on Thursday, July 9th. BNP Paribas Exane raised their price target on shares of Lam Research from $250.00 to $260.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $290.00 price target on shares of Lam Research in a report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $358.47.

Read Our Latest Stock Report on Lam Research

About Lam Research

(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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