Benjamin Edwards Inc. Sells 38,667 Shares of Lam Research Corporation $LRCX

Key Points

• Benjamin Edwards Inc. trimmed its stake in Lam Research by 22.3%, selling 38,667 shares in Q4 and leaving 134,599 shares valued at about $23.04 million.
• Lam reported Q3 results that beat expectations—EPS $1.47 vs. $1.36 and revenue $5.84B, up 23.8% YoY—and analysts have been raising price targets (consensus ~$285.94) with a majority rating the stock Buy or Moderate Buy.
• Significant insider selling has occurred recently (136,896 shares worth ~$31.2M in the last three months, including sales by Ava Harter and director Eric Brandt), while institutional investors own about 84.61% of the stock.

Benjamin Edwards Inc. lessened its position in Lam Research Corporation (NASDAQ:LRCX - Free Report) by 22.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 134,599 shares of the semiconductor company's stock after selling 38,667 shares during the period. Benjamin Edwards Inc.'s holdings in Lam Research were worth $23,042,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Generali Investments Management Co LLC lifted its position in shares of Lam Research by 62.0% during the 4th quarter. Generali Investments Management Co LLC now owns 36,274 shares of the semiconductor company's stock worth $6,209,000 after buying an additional 13,878 shares in the last quarter. Lingohr Asset Management GmbH lifted its position in shares of Lam Research by 590.7% during the 3rd quarter. Lingohr Asset Management GmbH now owns 59,555 shares of the semiconductor company's stock worth $7,974,000 after buying an additional 50,933 shares in the last quarter. Mediolanum International Funds Ltd lifted its position in shares of Lam Research by 52.0% during the 3rd quarter. Mediolanum International Funds Ltd now owns 262,544 shares of the semiconductor company's stock worth $34,417,000 after buying an additional 89,856 shares in the last quarter. First Citizens Bank & Trust Co. lifted its position in shares of Lam Research by 8.0% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company's stock worth $18,804,000 after buying an additional 10,408 shares in the last quarter. Finally, Thoroughbred Financial Services LLC lifted its position in shares of Lam Research by 115.2% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 22,198 shares of the semiconductor company's stock worth $2,972,000 after buying an additional 11,883 shares in the last quarter. Institutional investors own 84.61% of the company's stock.

Lam Research News Roundup

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

Analysts Set New Price Targets

LRCX has been the topic of several recent analyst reports. Argus lifted their target price on shares of Lam Research from $175.00 to $280.00 in a research report on Tuesday, February 3rd. Needham & Company LLC reissued a "buy" rating and set a $300.00 target price on shares of Lam Research in a research report on Thursday, April 23rd. The Goldman Sachs Group reissued a "buy" rating and set a $290.00 target price on shares of Lam Research in a research report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Lam Research from $300.00 to $325.00 and gave the stock a "buy" rating in a research report on Thursday, April 23rd. Finally, Evercore lifted their target price on shares of Lam Research from $275.00 to $300.00 and gave the stock an "outperform" rating in a research report on Thursday, April 23rd. Twenty-six analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $285.94.

Lam Research Stock Down 0.4%

Lam Research stock opened at $256.78 on Friday. Lam Research Corporation has a 1-year low of $72.59 and a 1-year high of $275.84. The firm has a market capitalization of $321.12 billion, a price-to-earnings ratio of 48.45, a P/E/G ratio of 2.12 and a beta of 1.81. 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 50 day simple moving average of $236.37 and a 200 day simple moving average of $201.49.

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 analysts' consensus estimates of $1.36 by $0.11. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The business had revenue of $5.84 billion during the quarter, compared to analyst estimates of $5.70 billion. During the same period in the previous year, the business earned $1.04 EPS. 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. On average, analysts predict that Lam Research Corporation will post 5.68 earnings per share for the current year.

Lam Research Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Wednesday, March 4th. Lam Research's payout ratio is currently 19.62%.

Insider Activity

In other news, insider Ava Harter sold 6,010 shares of the business's stock in a transaction on Monday, April 27th. The shares were sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of the transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Eric Brandt sold 35,000 shares of the business's stock in a transaction on Friday, February 6th. The shares were sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the transaction, the director owned 253,705 shares of the company's stock, valued at $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 136,896 shares of company stock worth $31,213,349 in the last three months. Corporate insiders own 0.31% of the company's stock.

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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