Artemis Investment Management LLP Has $88.35 Million Position in Lam Research Corporation $LRCX

Key Points

• Artemis Investment Management LLP boosted its stake in Lam Research by 190.4%, buying an additional 338,403 shares to hold 516,128 shares valued at about $88.35 million.
• Operational momentum: Lam Research beat Q3 estimates (EPS $1.47 vs. $1.36; revenue $5.84B vs. $5.70B), cited continued AI-driven demand, set Q4 2026 guidance of $1.50–$1.80 EPS, and enjoys largely positive analyst sentiment (26 Buys, 8 Holds; average target ~$285.94).
• Ownership and insider activity: Institutional investors own roughly 84.61% of LRCX, while insiders have sold 136,896 shares (~$31.2M) over the past three months, highlighting both heavy institutional interest and recent insider liquidation.

Artemis Investment Management LLP boosted its holdings in Lam Research Corporation (NASDAQ:LRCX - Free Report) by 190.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 516,128 shares of the semiconductor company's stock after buying an additional 338,403 shares during the period. Artemis Investment Management LLP's holdings in Lam Research were worth $88,351,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. PMV Capital Advisers LLC acquired a new stake in shares of Lam Research during the fourth quarter worth about $25,000. Stance Capital LLC acquired a new stake in shares of Lam Research during the third quarter worth about $26,000. Triumph Capital Management acquired a new stake in shares of Lam Research during the third quarter worth about $27,000. Strategic Wealth Investment Group LLC acquired a new stake in shares of Lam Research during the second quarter worth about $29,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of Lam Research during the third quarter worth $40,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Q3 results and follow-up analyst upgrades highlight continued AI-driven demand and beat Street expectations, supporting near-term revenue/earnings momentum. Analyst Upgrades PT on Lam Research After Q3 Earnings, What’s Next?
• Positive Sentiment: Erste Group raised FY2027 EPS estimates (from $7.02 to $7.74), indicating analysts are increasing medium‑term profit expectations despite a "Hold" rating. Erste Group raises FY2027 EPS
• Positive Sentiment: High-profile portfolio ownership: Lam is highlighted in billionaire Philippe Laffont’s portfolio and cited as a strong YTD performer (roughly +35% YTD), which can attract momentum buyers. Forget Nvidia: This AI Semiconductor Stock in Billionaire Philippe Laffont Portfolio Is Winning in 2026
• Positive Sentiment: Technical: LRCX recently cleared the 20-day simple moving average — a short‑term bullish signal that can draw technical traders. Lam Research Recently Broke Out Above the 20-Day Moving Average
• Neutral Sentiment: Analyst price-target moves are wide-ranging (moves spanning roughly $6 to $105), reflecting divergent views on wafer‑fab equipment demand and valuation — this raises volatility and mixed signals for investors. How The Lam Research (LRCX) Story Is Shifting With New Analyst Targets And Risks
• Neutral Sentiment: Retail and research attention has LRCX trending on stock‑search platforms; that can amplify swings but doesn’t change fundamentals by itself. Lam Research Corporation Is a Trending Stock

Lam Research Stock Performance

NASDAQ LRCX opened at $256.78 on Friday. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $321.12 billion, a price-to-earnings ratio of 48.45, a P/E/G ratio of 2.13 and a beta of 1.81. The firm's 50 day simple moving average is $236.37 and its 200 day simple moving average is $201.05. Lam Research Corporation has a 1 year low of $72.59 and a 1 year high of $275.84.

Lam Research (NASDAQ:LRCX - Get Free Report) last released its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The business had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. During the same period last year, the firm posted $1.04 earnings per share. Lam Research's revenue 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. As a group, research analysts expect that Lam Research Corporation will post 5.68 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

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

Wall Street Analysts Forecast Growth

LRCX has been the topic of a number of research analyst reports. Wall Street Zen upgraded shares of Lam Research from a "hold" rating to a "buy" rating in a report on Saturday. Bank of America raised their price objective on shares of Lam Research from $285.00 to $330.00 and gave the stock a "buy" rating in a report on Thursday, April 23rd. B. Riley Financial restated a "buy" rating on shares of Lam Research in a report on Monday, April 20th. Barclays set a $275.00 price objective on shares of Lam Research and gave the stock an "equal weight" rating in a report on Thursday, April 23rd. Finally, New Street Research raised their price objective on shares of Lam Research from $235.00 to $280.00 and gave the stock a "neutral" rating in a report on Monday, April 27th. Twenty-six analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $285.94.

Insider Activity

In other 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 transaction of $7,896,000.00. Following the sale, the director directly owned 253,705 shares of the company's stock, valued at approximately $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Ava Harter sold 6,010 shares of Lam Research stock in a transaction dated 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 sale, the insider directly owned 53,205 shares in the company, valued at $13,762,005.30. The trade was a 10.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 136,896 shares of company stock valued at $31,213,349. 0.31% of the stock is currently owned by corporate 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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