Avenir Tech Ltd Invests $4.17 Million in Lam Research Corporation $LRCX

Key Points

• Avenir Tech bought a new $4.17 million stake in Lam Research during the second quarter, acquiring 9,618 shares. Institutional investors and hedge funds collectively own 84.61% of LRCX.
• Lam Research reported a strong quarter, with 30% year-over-year revenue growth and EPS of $1.82, beating the $1.69 consensus estimate. The company is also investing more than $3 billion over five years to expand research facilities supporting AI-related semiconductor demand.
• Insiders sold 80,441 shares worth approximately $27.6 million in the latest quarter, while analysts remain broadly positive: LRCX has a “Moderate Buy” consensus rating and an average price target of $357.31.

Avenir Tech Ltd bought a new stake in Lam Research Corporation (NASDAQ:LRCX - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,618 shares of the semiconductor company's stock, valued at approximately $4,168,000. Lam Research accounts for 0.6% of Avenir Tech Ltd's portfolio, making the stock its 10th biggest position.

Several other institutional investors and hedge funds have also modified their holdings of LRCX. World Equity Group Inc. raised its holdings in Lam Research by 0.5% in the 2nd quarter. World Equity Group Inc. now owns 5,576 shares of the semiconductor company's stock valued at $2,416,000 after acquiring an additional 29 shares in the last quarter. Tenzing Financial LLC grew its holdings in shares of Lam Research by 3.5% during the 2nd quarter. Tenzing Financial LLC now owns 1,018 shares of the semiconductor company's stock worth $441,000 after purchasing an additional 34 shares in the last quarter. Gibraltar Capital Management Inc. increased its position in shares of Lam Research by 3.6% in the second quarter. Gibraltar Capital Management Inc. now owns 1,050 shares of the semiconductor company's stock worth $455,000 after purchasing an additional 36 shares during the period. Elevated Financial Group LLC increased its position in shares of Lam Research by 3.0% in the second quarter. Elevated Financial Group LLC now owns 1,223 shares of the semiconductor company's stock worth $530,000 after purchasing an additional 36 shares during the period. Finally, Yoder Wealth Management Inc. increased its position in shares of Lam Research by 3.3% in the second quarter. Yoder Wealth Management Inc. now owns 1,129 shares of the semiconductor company's stock worth $489,000 after purchasing an additional 36 shares during the period. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Lam Research

In other news, SVP Neil J. Fernandes sold 7,659 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $309.60, for a total value of $2,371,226.40. Following the completion of the sale, the senior vice president owned 58,470 shares of the company's stock, valued at approximately $18,102,312. This represents a 11.58% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Abhijit Y. Talwalkar sold 18,282 shares of the firm's stock in a transaction dated Monday, July 13th. The stock was sold at an average price of $335.00, for a total value of $6,124,470.00. Following the transaction, the director owned 87,142 shares of the company's stock, valued at $29,192,570. This trade represents a 17.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 80,441 shares of company stock worth $27,614,296. Insiders own 0.31% of the company's stock.

Lam Research Trading Down 0.6%

LRCX opened at $312.88 on Thursday. Lam Research Corporation has a fifty-two week low of $94.11 and a fifty-two week high of $438.50. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.63 and a quick ratio of 1.91. The firm has a market capitalization of $391.51 billion, a price-to-earnings ratio of 54.32, a PEG ratio of 1.25 and a beta of 1.84. The company's 50 day moving average price is $333.58 and its two-hundred day moving average price is $288.43.

Lam Research (NASDAQ:LRCX - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.13. The firm had revenue of $6.72 billion during the quarter, compared to the consensus estimate of $6.66 billion. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The company's revenue for the quarter was up 30.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.33 earnings per share. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. As a group, research analysts predict that Lam Research Corporation will post 9.32 earnings per share for the current year.

Lam Research News Summary

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

• Positive Sentiment: AI-focused R&D expansion: Lam Research broke ground on a 120,000-square-foot laboratory in Tualatin, Oregon, as part of a planned investment of more than $3 billion in its global lab network over the next five years. The facility is intended to support collaboration with chipmakers and accelerate equipment innovations for advanced AI semiconductors. Lam Research Oregon lab announcement
• Positive Sentiment: Strong AI demand outlook: CEO Tim Archer said increasingly complex AI models require more computing power, bandwidth and storage, creating demand for semiconductor innovation. The investment reinforces Lam’s positioning as a supplier to the AI infrastructure buildout. Lam Research AI investment video
• Positive Sentiment: Favorable analyst and fundamentals commentary: Zacks highlighted AI-driven growth, recurring services revenue, earnings momentum and Lam’s balance sheet, while Mizuho maintained an “outperform” rating despite trimming its price target to $365 from $370. Lam’s latest reported quarter also showed 30% year-over-year revenue growth and an earnings beat.
• Neutral Sentiment: Investor outreach scheduled: CFO Doug Bettinger will participate in upcoming investor conferences. The events could provide updates on demand, AI exposure and the Oregon investment, but no new financial guidance was announced. Lam Research conference announcement
• Negative Sentiment: Investment and valuation concerns: The multibillion-dollar R&D expansion will raise near-term capital and operating costs, while the stock’s high earnings multiple leaves less room for disappointment. The modest analyst price-target reduction may also have limited enthusiasm.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on LRCX shares. Morgan Stanley cut their price objective on shares of Lam Research from $404.00 to $367.00 and set an "overweight" rating for the company in a research report on Thursday, July 30th. Needham & Company LLC reissued a "buy" rating and issued a $390.00 target price on shares of Lam Research in a report on Thursday, July 30th. Bank of America boosted their target price on shares of Lam Research from $330.00 to $480.00 and gave the company a "buy" rating in a research report on Tuesday, June 23rd. Stifel Nicolaus upped their price target on shares of Lam Research from $325.00 to $425.00 and gave the stock a "buy" rating in a report on Friday, July 10th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $320.00 price target on shares of Lam Research in a research report on Thursday, July 30th. One investment 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 company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $357.31.

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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