AdvisorNet Financial Inc Acquires 4,514 Shares of Lam Research Corporation $LRCX

AdvisorNet Financial Inc boosted its holdings in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 86.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,720 shares of the semiconductor company's stock after acquiring an additional 4,514 shares during the period. AdvisorNet Financial Inc's holdings in Lam Research were worth $3,193,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Weaver Capital Management LLC lifted its stake in shares of Lam Research by 43.1% in the 3rd quarter. Weaver Capital Management LLC now owns 6,774 shares of the semiconductor company's stock valued at $2,225,000 after purchasing an additional 2,039 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in Lam Research by 86.9% in the third quarter. Assenagon Asset Management S.A. now owns 970,499 shares of the semiconductor company's stock valued at $318,819,000 after buying an additional 451,269 shares during the last quarter. Gunderson Capital Management LLC purchased a new position in Lam Research during the third quarter worth about $8,924,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in Lam Research by 61.4% during the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 862 shares of the semiconductor company's stock worth $283,000 after buying an additional 328 shares during the period. Finally, Nvwm LLC boosted its stake in Lam Research by 1.7% during the third quarter. Nvwm LLC now owns 8,545 shares of the semiconductor company's stock worth $2,807,000 after buying an additional 145 shares during the period. 84.61% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Lam Research

In related news, Director Bethany Mayer sold 9,557 shares of Lam Research stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total value of $3,007,970.18. Following the completion of the transaction, the director owned 20,995 shares in the company, valued at $6,607,966.30. The trade was a 31.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Ava Harter sold 5,000 shares of the business's stock in a transaction that occurred 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 owned 42,462 shares of the company's stock, valued at $12,843,056.52. This trade represents a 10.53% 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. 0.31% of the stock is owned by company insiders.

Lam Research Trading Down 4.9%

LRCX opened at $263.94 on Friday. The business has a fifty day moving average price of $309.03 and a 200 day moving average price of $308.04. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.63 and a quick ratio of 1.91. Lam Research Corporation has a 12 month low of $135.50 and a 12 month high of $438.50. The stock has a market capitalization of $330.30 billion, a price-to-earnings ratio of 45.82, a PEG ratio of 1.10 and a beta of 1.85.

Lam Research (NASDAQ:LRCX - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.69 by $0.13. The company had revenue of $6.72 billion for the quarter, compared to analyst estimates of $6.66 billion. Lam Research had a return on equity of 67.60% and a net margin of 31.27%. Lam Research's revenue for the quarter was up 30.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.33 EPS. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. Sell-side analysts expect that Lam Research Corporation will post 9.34 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd were issued a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 0.5%. This is a positive change from Lam Research's previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Wednesday, September 23rd. Lam Research's dividend payout ratio is 22.92%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the stock. UBS Group dropped their price target on shares of Lam Research from $435.00 to $425.00 and set a "buy" rating for the company in a research report on Tuesday, September 1st. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $320.00 price objective on shares of Lam Research in a report on Thursday, July 30th. Fundamental Research set a $390.00 price objective on shares of Lam Research in a research report on Thursday, October 1st. Stifel Nicolaus lifted their target price on shares of Lam Research from $325.00 to $425.00 and gave the company a "buy" rating in a report on Friday, July 10th. Finally, Zacks Research upgraded Lam Research from a "hold" rating to a "strong-buy" rating in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $364.59.

Lam Research News Summary

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

• Positive Sentiment: Lam Research is integrating NVIDIA’s NanoVDB open-source library into its SEMulator3D modeling platform. GPU-accelerated wafer-etch simulations could improve chip-design and manufacturing efficiency, supporting the company’s longer-term role in AI-driven semiconductor fabs. Lam Research Ties AI Fab Push to Faster SEMulator3D Modeling
• Positive Sentiment: Analysts continue to see substantial upside, with Benzinga’s 22-analyst average target near $346 and a separate consensus implying roughly 25.6% potential appreciation. Recent earnings-estimate revisions could provide support if Lam delivers a strong quarterly report. Lam Research Stock Hits Longest Losing Streak Ever Wall Street Analysts See Upside in Lam Research
• Neutral Sentiment: Analysts are previewing the quarter ended September 2026, focusing on operating metrics beyond headline revenue and earnings estimates. The report could produce a significant re-rating depending on guidance and demand commentary. Lam Research Q1 Earnings Preview
• Neutral Sentiment: Options markets are pricing a potentially large post-earnings move—about $28.6 billion in implied market capitalization swing—signaling elevated volatility rather than a clear directional view. Lam Research Could Swing After Earnings
• Negative Sentiment: Hotter-than-expected inflation has renewed fears that higher interest rates could restrain AI infrastructure spending, weighing broadly on semiconductor and equipment stocks, including Lam Research. Semiconductor Stocks Trade Down on Inflation Concerns
• Negative Sentiment: Lam Research was on track for its ninth consecutive decline, its longest losing streak since 1984. The persistent technical weakness may be encouraging selling despite analysts’ bullish price targets. Lam Research Dips More Than the Broader Market

Lam Research Profile

Lam Research Corporation is a semiconductor equipment company that designs, manufactures, and services systems used in the fabrication of integrated circuits and other electronic devices. Its equipment supports key steps in the wafer manufacturing process, helping semiconductor producers create increasingly small and complex features on silicon wafers.

The company's portfolio includes systems for etch, deposition, wafer cleaning, surface preparation, and related manufacturing processes.

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.