14,302 Shares in Lam Research Corporation $LRCX Acquired by Reflection Asset Management

Key Points

• Reflection Asset Management opened a new position in Lam Research, buying 14,302 shares in Q4 valued at about $2.45 million, which represents 1.7% of the firm's holdings and is its 11th-largest position.
• Significant insider selling occurred last quarter—insiders sold 130,886 shares worth roughly $29.66 million (including Director Eric Brandt's 35,000-share sale and CFO Douglas Bettinger's 50,057-share sale), and company insiders now hold just 0.31% of the stock.
• Lam Research beat Q results with $1.47 EPS versus $1.36 expected and $5.84B revenue (up 23.8% YoY), provided Q4 2026 EPS guidance of $1.50–1.80, and carries a consensus analyst rating of Moderate Buy with an average price target of $284.49.

Reflection Asset Management acquired a new position in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 14,302 shares of the semiconductor company's stock, valued at approximately $2,448,000. Lam Research comprises 1.7% of Reflection Asset Management's holdings, making the stock its 11th biggest position.

Several other large investors have also recently added to or reduced their stakes in the stock. Generali Investments Management Co LLC grew its position in Lam Research by 62.0% in the 4th quarter. Generali Investments Management Co LLC now owns 36,274 shares of the semiconductor company's stock valued at $6,209,000 after buying an additional 13,878 shares in the last quarter. Lingohr Asset Management GmbH raised its position in shares of Lam Research by 590.7% during the 3rd quarter. Lingohr Asset Management GmbH now owns 59,555 shares of the semiconductor company's stock worth $7,974,000 after buying an additional 50,933 shares in the last quarter. Mediolanum International Funds Ltd lifted its stake in shares of Lam Research by 52.0% in the 3rd quarter. Mediolanum International Funds Ltd now owns 262,544 shares of the semiconductor company's stock worth $34,417,000 after acquiring an additional 89,856 shares during the period. First Citizens Bank & Trust Co. boosted its holdings in shares of Lam Research by 8.0% in the third quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company's stock valued at $18,804,000 after acquiring an additional 10,408 shares in the last quarter. Finally, Thoroughbred Financial Services LLC boosted its holdings in shares of Lam Research by 115.2% in the third quarter. Thoroughbred Financial Services LLC now owns 22,198 shares of the semiconductor company's stock valued at $2,972,000 after acquiring an additional 11,883 shares in the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Lam Research

In related news, Director Eric Brandt sold 35,000 shares of Lam Research stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the transaction, the director owned 253,705 shares of the company's stock, valued at approximately $57,235,848. This trade represents a 12.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Douglas R. Bettinger sold 50,057 shares of the business's stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total value of $11,214,269.71. Following the sale, the chief financial officer owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. The trade was a 4.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 130,886 shares of company stock worth $29,658,802 in the last quarter. 0.31% of the stock is owned by company insiders.

Lam Research Trading Down 3.1%

Shares of NASDAQ:LRCX opened at $259.49 on Tuesday. 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 stock has a market capitalization of $324.05 billion, a price-to-earnings ratio of 48.96, a PEG ratio of 2.27 and a beta of 1.78. Lam Research Corporation has a 1-year low of $68.53 and a 1-year high of $275.84. The company has a 50 day moving average price of $235.47 and a 200 day moving average price of $199.47.

Lam Research (NASDAQ:LRCX - Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating analysts' consensus estimates of $1.36 by $0.11. The company had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The company's quarterly revenue was up 23.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.04 EPS. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, research analysts anticipate that Lam Research Corporation will post 5.53 EPS for the current fiscal year.

Lam Research Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th were given a $0.26 dividend. The ex-dividend date was Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. Lam Research's dividend payout ratio (DPR) is 19.62%.

Analyst Ratings Changes

Several equities research analysts recently commented on LRCX shares. KeyCorp reissued a "sector weight" rating on shares of Lam Research in a report on Thursday, January 29th. Citic Securities increased their price target on Lam Research from $165.00 to $275.00 and gave the company a "buy" rating in a research note on Friday, January 30th. Susquehanna lifted their price target on Lam Research from $350.00 to $385.00 and gave the company a "positive" rating in a research report on Thursday, April 23rd. Summit Insights raised Lam Research from a "hold" rating to a "buy" rating in a research note on Thursday, January 29th. Finally, Barclays set a $275.00 price objective on Lam Research and gave the company an "equal weight" rating in a report on Thursday. Twenty-six investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $284.49.

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.

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