4,767 Lam Research Corporation $LRCX Shares Bought by Bokf Na

Key Points

• Institutional ownership increased: Bokf Na raised its Lam Research stake by 11.3% to 46,861 shares valued at $15.4 million. Institutional investors and hedge funds collectively own 84.61% of the company.
• Strong operating momentum: Lam Research reported quarterly revenue of $8.22 billion, up 54.4% year over year and ahead of estimates, while EPS also beat expectations. Record foundry revenue and an upbeat outlook point to continued semiconductor-equipment demand.
• Investors weigh upside against risks: Analysts maintain a consensus “Moderate Buy” rating with a $360.23 price target, but recent insider sales, share-price volatility and valuation concerns remain potential headwinds. The company also increased its quarterly dividend to $0.33 per share.

Bokf Na raised its holdings in Lam Research Corporation (NASDAQ:LRCX - Free Report) by 11.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,861 shares of the semiconductor company's stock after buying an additional 4,767 shares during the period. Bokf Na's holdings in Lam Research were worth $15,394,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of LRCX. Van ECK Associates Corp increased its position in shares of Lam Research by 411.8% in the second quarter. Van ECK Associates Corp now owns 11,089,395 shares of the semiconductor company's stock worth $4,805,368,000 after purchasing an additional 8,922,854 shares during the period. Bank of New York Mellon Corp bought a new position in Lam Research in the second quarter valued at about $3,777,585,000. Jennison Associates LLC grew its position in Lam Research by 296.9% in the first quarter. Jennison Associates LLC now owns 3,373,306 shares of the semiconductor company's stock valued at $720,740,000 after acquiring an additional 2,523,351 shares during the last quarter. California Public Employees Retirement System raised its stake in Lam Research by 50.6% during the first quarter. California Public Employees Retirement System now owns 5,870,899 shares of the semiconductor company's stock worth $1,254,376,000 after acquiring an additional 1,972,277 shares in the last quarter. Finally, Amundi raised its stake in Lam Research by 23.7% during the first quarter. Amundi now owns 10,147,479 shares of the semiconductor company's stock worth $2,168,107,000 after acquiring an additional 1,942,862 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company's stock.

Insider Transactions at Lam Research

In other Lam Research news, insider Ava Harter sold 5,000 shares of the firm's stock in a transaction on Monday, August 31st. The stock was sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the transaction, the insider directly owned 42,462 shares in the company, valued at approximately $12,843,056.52. This trade represents a 10.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 9,557 shares of the business's stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the transaction, the director owned 20,995 shares in the company, valued at approximately $6,607,966.30. This trade represents a 31.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.31% of the stock is owned by company insiders.

Lam Research News Summary

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

• Positive Sentiment: Strong earnings and outlook: Lam Research reported quarterly revenue of $8.22 billion, up sharply from the prior year and ahead of analyst expectations. Earnings per share also exceeded consensus, while management projected approximately $8.60 billion in revenue and about $2.33 in EPS for the December quarter, signaling continued demand. Lam Research Gains as Strong Earnings and a Chip-Sector Rebound Support Shares
• Positive Sentiment: Foundry momentum: Foundry revenue reached a record in fiscal first-quarter 2027, with foundry accounting for 46% of Systems revenue, up from 44% in the previous quarter. This supports the view that advanced-node manufacturing and rising chip complexity are driving equipment purchases. Lam Research Sees Record Foundry Sales
• Positive Sentiment: Industry tailwinds and valuation appeal: SK Hynix’s long-term memory shortage outlook suggests years of potential fab construction, while analysts and research services view LRCX as more attractive after its recent selloff. Several published price targets remain well above the current trading level.
• Neutral Sentiment: Institutional positioning was mixed: many funds added shares, but others reduced holdings. This indicates continued investor interest alongside ongoing uncertainty about semiconductor-cycle durability.
• Negative Sentiment: Recent volatility and insider selling: LRCX remains well below its recent high after concerns about AI spending and valuation triggered a sharp pullback. Reported insider activity over the past six months consisted entirely of sales, which may reinforce near-term caution.

Lam Research Stock Up 5.4%

Shares of Lam Research stock opened at $253.82 on Thursday. The firm has a market cap of $317.06 billion, a price-to-earnings ratio of 37.83, a PEG ratio of 0.86 and a beta of 1.85. Lam Research Corporation has a one year low of $135.50 and a one year high of $438.50. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.48 and a quick ratio of 1.86. The stock's 50-day moving average is $296.95 and its 200 day moving average is $283.50.

Lam Research (NASDAQ:LRCX - Get Free Report) last released its quarterly earnings data on Wednesday, October 21st. The semiconductor company reported $2.20 earnings per share for the quarter, beating the consensus estimate of $2.18 by $0.02. Lam Research had a net margin of 32.34% and a return on equity of 72.15%. The company had revenue of $8.22 billion during the quarter, compared to analyst estimates of $8.14 billion. During the same quarter in the previous year, the business posted $1.26 EPS. Lam Research's revenue for the quarter was up 54.4% compared to the same quarter last year. Equities research analysts anticipate that Lam Research Corporation will post 9.59 EPS for the current year.

Lam Research Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Stockholders of record on Wednesday, September 23rd were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Wednesday, September 23rd. This is a positive change from Lam Research's previous quarterly dividend of $0.26. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.5%. Lam Research's payout ratio is currently 19.67%.

Analysts Set New Price Targets

A number of research firms have recently commented on LRCX. UBS Group reissued a "buy" rating and issued a $400.00 target price (down from $425.00) on shares of Lam Research in a report on Thursday, October 22nd. Weiss Ratings cut shares of Lam Research from a "buy (b)" rating to a "buy (b-)" rating in a research report on Friday, September 4th. HSBC reiterated a "hold" rating and set a $333.00 price objective on shares of Lam Research in a research report on Monday, July 27th. Wells Fargo & Company reissued an "overweight" rating and issued a $350.00 price objective (down from $450.00) on shares of Lam Research in a research note on Thursday, July 30th. Finally, Citigroup restated a "buy" rating and issued a $435.00 target price (down from $450.00) on shares of Lam Research in a research report on Thursday, October 22nd. Twenty-six analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $360.23.

About Lam Research

Lam Research Corporation NASDAQ: LRCX is a semiconductor equipment company that develops and manufactures systems used to fabricate integrated circuits. Its technologies support key stages of wafer processing, helping semiconductor manufacturers create the increasingly complex structures found in memory, logic and other types of chips.

The company's product portfolio includes etch systems, which selectively remove materials from wafers; deposition systems, which apply thin films; and cleaning solutions used to remove contaminants and residue during manufacturing.

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