Assetmark Inc. Has $23.05 Million Stock Holdings in Lam Research Corporation $LRCX

Key Points

• Assetmark Inc. trimmed its stake in Lam Research (LRCX) by 52.6% in Q4, selling 149,625 shares and retaining 134,632 shares valued at about $23.05 million per its latest 13F filing.
• Wall Street is broadly bullish with a consensus rating of "Moderate Buy", 27 Buy vs. 8 Hold ratings and an average price target of $247.26 after several firms raised targets (e.g., Susquehanna to $350, Needham to $300).
• Insiders sold 130,886 shares (~$29.66 million) last quarter while institutional investors own roughly 84.61% of the stock, indicating heavy institutional ownership amid notable insider/flow selling ahead of earnings.

Assetmark Inc. trimmed its position in Lam Research Corporation (NASDAQ:LRCX - Free Report) by 52.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 134,632 shares of the semiconductor company's stock after selling 149,625 shares during the quarter. Assetmark Inc.'s holdings in Lam Research were worth $23,046,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of LRCX. Financial Enhancement Group LLC bought a new stake in Lam Research in the 4th quarter valued at $174,000. Norris Perne & French LLP MI bought a new stake in Lam Research in the 4th quarter valued at $462,000. JM2 Capital Inc. bought a new stake in Lam Research in the 4th quarter valued at $203,000. Webster Bank N. A. increased its holdings in Lam Research by 23.7% in the 4th quarter. Webster Bank N. A. now owns 32,094 shares of the semiconductor company's stock valued at $5,494,000 after buying an additional 6,151 shares during the period. Finally, Transcend Capital Advisors LLC increased its holdings in Lam Research by 14.5% in the 4th quarter. Transcend Capital Advisors LLC now owns 2,592 shares of the semiconductor company's stock valued at $444,000 after buying an additional 329 shares during the period. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on LRCX shares. Mizuho set a $265.00 target price on shares of Lam Research in a report on Wednesday, January 28th. Susquehanna upped their target price on shares of Lam Research from $325.00 to $350.00 and gave the company a "positive" rating in a research report on Thursday, April 9th. Rothschild & Co Redburn upped their target price on shares of Lam Research from $225.00 to $265.00 and gave the company a "buy" rating in a research report on Friday, February 6th. New Street Research upped their price target on Lam Research from $140.00 to $235.00 and gave the company a "neutral" rating in a research note on Tuesday, March 31st. Finally, Needham & Company LLC increased their target price on Lam Research from $250.00 to $300.00 and gave the stock a "buy" rating in a research note on Thursday, January 29th. Twenty-seven research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $247.26.

Lam Research News Roundup

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

• Positive Sentiment: Multiple analysts and firms have reiterated upgrades and bullish price targets for LRCX, signaling continued Wall Street confidence in Lam’s growth from memory and AI infrastructure spending. Stifel Nicolaus Forecasts Strong Price Appreciation for Lam Research
• Positive Sentiment: Consensus expectations point to another strong quarter: revenue and EPS momentum, and a history of earnings beats, leave Lam positioned to beat estimates again — a potential catalyst at the next report. Lam Research (LRCX) Earnings Expected to Grow
• Positive Sentiment: Broader AI-driven demand and sector momentum have pushed LRCX strongly higher in recent months, with social and analyst chatter around higher price targets and durable capital spending by chipmakers. This supports a constructive medium‑term thesis. Lam Research Stock Opinions on AI Semiconductor Boom
• Neutral Sentiment: Lam’s upcoming earnings call on April 22 is drawing market attention; the event could amplify volatility as investors re‑position ahead of guidance and management commentary. Lam Research Earnings Call Draws Market Focus
• Neutral Sentiment: General tech‑earnings themes and stock‑picking narratives are highlighting Lam as a beneficiary of AI infrastructure long term, though near‑term moves will hinge on guidance and supply‑chain commentary. Tech Earnings Are Here. Whatever Happens, These 4 Stocks Should Thrive
• Negative Sentiment: ASML’s latest update pushed chip‑equipment peers lower after investors focused on margin cadence and export‑control risks; that sector pressure is a primary reason LRCX shares are down today. Lam Research falls 3.4% as chip-equipment stocks retreat after ASML update
• Negative Sentiment: Notable insider selling and large institutional rebalancings were highlighted in recent data feeds — these flows can add selling pressure into a volatile pre‑earnings period. Lam Research falls 3.4% as chip-equipment stocks retreat after ASML update (insider/flow notes)

Insider Buying and Selling at Lam Research

In other news, insider Ava Harter sold 1,500 shares of Lam Research stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $222.66, for a total transaction of $333,990.00. Following the completion of the sale, the insider owned 53,205 shares of the company's stock, valued at approximately $11,846,625.30. This trade represents a 2.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Eric Brandt sold 35,000 shares of Lam Research stock in a transaction 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 of the company's stock, valued at $57,235,848. This represents a 12.12% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 130,886 shares of company stock valued at $29,658,802 in the last quarter. 0.31% of the stock is currently owned by insiders.

Lam Research Price Performance

NASDAQ:LRCX opened at $265.16 on Thursday. Lam Research Corporation has a 1-year low of $61.14 and a 1-year high of $273.50. The company has a current ratio of 2.26, a quick ratio of 1.61 and a debt-to-equity ratio of 0.37. The firm has a fifty day simple moving average of $230.19 and a 200 day simple moving average of $192.28. The stock has a market capitalization of $331.12 billion, a PE ratio of 54.34, a P/E/G ratio of 2.90 and a beta of 1.78.

Lam Research (NASDAQ:LRCX - Get Free Report) last released its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.10. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The business had revenue of $5.34 billion during the quarter, compared to analysts' expectations of $5.23 billion. During the same period last year, the business earned $0.91 earnings per share. The firm's revenue was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, research analysts expect that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders 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 annualized dividend and a yield of 0.4%. Lam Research's dividend payout ratio (DPR) is currently 21.31%.

Lam Research Profile

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.

Want to see what other hedge funds are holding LRCX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lam Research Corporation (NASDAQ:LRCX - Free Report).

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.