Abacus FCF Advisors LLC Buys New Shares in Lam Research Corporation $LRCX

Key Points

• Abacus FCF Advisors bought 104,730 shares of Lam Research in Q4 — about $17.93 million — making LRCX its 11th largest holding (≈2.3% of the firm's portfolio).
• Lam beat quarterly estimates (EPS $1.47 vs. $1.36; revenue $5.84B vs. $5.70B), issued strong guidance (Q4 2026 EPS 1.500–1.800), and triggered broad analyst price-target upgrades (average target ≈ $284.49).
• Insiders have been net sellers: CFO Douglas Bettinger sold 50,057 shares and a director sold 35,000, with insiders offloading 130,886 shares (~$29.66M) over the past three months; insiders now own 0.31% of the stock.

Abacus FCF Advisors LLC bought a new position in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 104,730 shares of the semiconductor company's stock, valued at approximately $17,928,000. Lam Research accounts for about 2.3% of Abacus FCF Advisors LLC's holdings, making the stock its 11th largest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. PMV Capital Advisers LLC purchased a new stake in Lam Research during the fourth quarter worth approximately $25,000. Stance Capital LLC acquired a new position in Lam Research in the third quarter valued at approximately $26,000. Triumph Capital Management purchased a new position in Lam Research in the third quarter valued at approximately $27,000. Strategic Wealth Investment Group LLC acquired a new stake in Lam Research during the second quarter worth approximately $29,000. Finally, Measured Wealth Private Client Group LLC purchased a new stake in Lam Research in the third quarter valued at $40,000. Institutional investors and hedge funds own 84.61% of the company's stock.

Insider Buying and Selling at Lam Research

In other news, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the completion of the sale, the chief financial officer directly owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. This trade represents a 4.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Eric Brandt sold 35,000 shares of the business's stock in a transaction that occurred on 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 sale, the director directly owned 253,705 shares in the company, valued at $57,235,848. This trade represents a 12.12% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 130,886 shares of company stock valued at $29,658,802. Corporate insiders own 0.31% of the company's stock.

Lam Research Stock Performance

Shares of LRCX stock opened at $267.78 on Friday. The company has a current ratio of 2.54, a quick ratio of 1.61 and a debt-to-equity ratio of 0.35. The stock has a 50 day simple moving average of $234.99 and a 200-day simple moving average of $198.24. The company has a market cap of $334.40 billion, a price-to-earnings ratio of 50.52, a price-to-earnings-growth ratio of 2.69 and a beta of 1.78. Lam Research Corporation has a 12-month low of $68.53 and a 12-month high of $275.84.

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 firm had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. During the same period in the previous year, the business earned $1.04 earnings per share. The company's revenue for the quarter was up 23.8% compared to the same quarter last year. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, equities analysts forecast that Lam Research Corporation will post 5.43 EPS for the current year.

Lam Research Dividend Announcement

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

Lam Research News Summary

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

• Positive Sentiment: Q3 results beat expectations (EPS $1.47, revenue $5.84B) and management gave strong FY guidance tied to AI demand — investors view this as confirmation of a multi-year WFE upcycle. Earnings & press coverage
• Positive Sentiment: Major analysts have lifted price targets across the board (examples: TD Cowen $340, Susquehanna $385, JPMorgan $315, BofA $330), signaling upgraded revenue and margin forecasts driven by AI memory and logic chip spending. Analyst target upgrades
• Positive Sentiment: Several bank research notes reiterated buy/outperform ratings and sizable upside, reinforcing momentum and prompting institutional buyers to add exposure. Deutsche Bank price target raise
• Neutral Sentiment: Broad market action (Dow slip while Nasdaq gains) and strong moves in other chip names (Intel, AMD, Arm) contributed to sector flow into semiconductor-equipment names including LRCX. Market breadth coverage
• Neutral Sentiment: Not all firms moved to buy: a few kept neutral/equal-weight stances (e.g., Morgan Stanley, BNP Paribas), showing some analysts want to see more cycles of delivery before upgrading conviction. Morgan Stanley note
• Negative Sentiment: Valuation concerns: commentary and analysis warn the stock reflects a lot of AI upside already — some investors may view multiple and momentum as stretched, which could amplify pullbacks on any growth-slow surprises. Valuation caution analysis

Wall Street Analysts Forecast Growth

LRCX has been the subject of several research analyst reports. Morgan Stanley upped their price objective on shares of Lam Research from $260.00 to $293.00 and gave the company an "equal weight" rating in a research note on Thursday. HSBC raised their price target on Lam Research from $221.00 to $247.00 and gave the stock a "hold" rating in a research note on Friday. Wells Fargo & Company increased their price objective on Lam Research from $290.00 to $320.00 and gave the company an "overweight" rating in a report on Thursday. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $320.00 target price on shares of Lam Research in a report on Thursday. Finally, KeyCorp restated a "sector weight" rating on shares of Lam Research in a research note on Thursday, January 29th. Twenty-six analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $284.49.

About Lam Research

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.