Arbejdsmarkedets Tillaegspension Invests $24.01 Million in Lam Research Corporation $LRCX

Key Points

• Arbejdsmarkedets Tillaegspension opened a new position in Lam Research during the fourth quarter, buying 140,275 shares worth about $24.0 million.
• Investor sentiment around Lam Research remains positive, with multiple institutional holders adding shares and analysts keeping a generally bullish stance, including several Buy or equivalent ratings and raised price targets.
• The company recently delivered a strong earnings beat, reporting $1.47 EPS on $5.84 billion in revenue, both above estimates, which has helped support optimism tied to AI-related semiconductor demand.

Arbejdsmarkedets Tillaegspension purchased a new position in Lam Research Corporation (NASDAQ:LRCX - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 140,275 shares of the semiconductor company's stock, valued at approximately $24,012,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of LRCX. Generali Investments Management Co LLC raised its stake in Lam Research by 62.0% in the fourth quarter. Generali Investments Management Co LLC now owns 36,274 shares of the semiconductor company's stock valued at $6,209,000 after purchasing an additional 13,878 shares in the last quarter. Lingohr Asset Management GmbH raised its stake in Lam Research by 590.7% in the third quarter. Lingohr Asset Management GmbH now owns 59,555 shares of the semiconductor company's stock valued at $7,974,000 after purchasing an additional 50,933 shares in the last quarter. Mediolanum International Funds Ltd raised its stake in Lam Research by 52.0% in the third quarter. Mediolanum International Funds Ltd now owns 262,544 shares of the semiconductor company's stock valued at $34,417,000 after purchasing an additional 89,856 shares in the last quarter. First Citizens Bank & Trust Co. raised its stake in 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 purchasing an additional 10,408 shares in the last quarter. Finally, Thoroughbred Financial Services LLC raised its stake in 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 purchasing an additional 11,883 shares in the last quarter. 84.61% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Several recent articles say Lam Research is an “incredible growth stock,” pointing to solid operating momentum and the potential for strong long-term returns.
• Positive Sentiment: Analysts and market commentary remain bullish, with coverage noting that Wall Street’s average recommendation is effectively a Buy and that price targets have been raised as the stock pushed above the $300 level.
• Positive Sentiment: Investor interest is also being supported by Lam’s recent earnings beat, with revenue of $5.84 billion and non-GAAP EPS of $1.47, both topping expectations and reinforcing confidence in demand trends tied to AI infrastructure.
• Neutral Sentiment: The company also announced upcoming participation in investor conferences, which does not change fundamentals but may keep the stock in focus for traders and institutions.
• Neutral Sentiment: Additional articles discussed Lam Research’s long-term stock performance and valuation, which may support sentiment but are not new catalysts by themselves.

Lam Research Stock Performance

NASDAQ:LRCX opened at $299.15 on Friday. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. The stock has a market cap of $374.11 billion, a P/E ratio of 56.44, a price-to-earnings-growth ratio of 2.45 and a beta of 1.81. The firm's fifty day simple moving average is $245.00 and its 200 day simple moving average is $210.21. Lam Research Corporation has a twelve month low of $79.49 and a twelve month high of $302.00.

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 the consensus estimate of $1.36 by $0.11. The business had revenue of $5.84 billion during the quarter, compared to analyst estimates of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The company's revenue for the quarter was up 23.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, research analysts predict that Lam Research Corporation will post 5.67 EPS for the current year.

Analyst Upgrades and Downgrades

LRCX has been the topic of a number of recent research reports. JPMorgan Chase & Co. increased their price target on shares of Lam Research from $300.00 to $315.00 and gave the company an "overweight" rating in a research report on Thursday, April 23rd. Wall Street Zen cut shares of Lam Research from a "buy" rating to a "hold" rating in a research report on Sunday, May 10th. Barclays set a $275.00 price target on shares of Lam Research and gave the company an "equal weight" rating in a research report on Thursday, April 23rd. TD Cowen increased their price target on shares of Lam Research from $290.00 to $340.00 and gave the company a "buy" rating in a research report on Thursday, April 23rd. Finally, Oppenheimer reiterated an "outperform" rating and set a $330.00 price target on shares of Lam Research in a research report on Thursday, April 23rd. Twenty-six research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $291.75.

Insider Buying and Selling at Lam Research

In other Lam Research news, SVP Neil J. Fernandes sold 18,170 shares of the firm's stock in a transaction on Friday, May 1st. The stock was sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the completion of the transaction, the senior vice president owned 66,129 shares of the company's stock, valued at approximately $16,872,153.06. This trade represents a 21.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the firm's stock in a transaction on Monday, April 27th. The shares were sold at an average price of $258.66, for a total value of $1,554,546.60. Following the transaction, the insider directly owned 53,205 shares of the company's stock, valued at $13,762,005.30. This represents a 10.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 120,066 shares of company stock valued at $27,953,242. 0.31% of the stock is currently owned by company insiders.

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.

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