Donoghue Forlines LLC Sells 4,871 Shares of Lam Research Corporation $LRCX

Key Points

• Donoghue Forlines LLC cut its Lam Research stake by 24% in the fourth quarter, selling 4,871 shares and leaving it with 15,396 shares valued at about $2.64 million.
• Institutional ownership remains heavy, with 84.61% of Lam Research stock held by institutional investors, while several major firms such as Vanguard, State Street, and Invesco increased or maintained sizable positions.
• Lam Research continues to draw bullish attention after a strong earnings report, posting EPS of $1.47 and revenue of $5.84 billion versus expectations, while analysts broadly rate the stock a Moderate Buy with a consensus target of $291.75.

Donoghue Forlines LLC trimmed its position in Lam Research Corporation (NASDAQ:LRCX - Free Report) by 24.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,396 shares of the semiconductor company's stock after selling 4,871 shares during the period. Lam Research accounts for 0.8% of Donoghue Forlines LLC's investment portfolio, making the stock its 16th biggest position. Donoghue Forlines LLC's holdings in Lam Research were worth $2,635,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Lam Research by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company's stock valued at $17,537,447,000 after buying an additional 364,949 shares in the last quarter. State Street Corp grew its position in Lam Research by 0.4% in the third quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company's stock worth $8,024,684,000 after acquiring an additional 265,805 shares in the last quarter. Invesco Ltd. grew its position in Lam Research by 18.2% in the third quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company's stock worth $2,836,397,000 after acquiring an additional 3,263,658 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in Lam Research by 781.3% in the third quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company's stock worth $1,518,542,000 after acquiring an additional 10,053,978 shares in the last quarter. Finally, Legal & General Group Plc grew its position in Lam Research by 1.9% in the third quarter. Legal & General Group Plc now owns 11,088,344 shares of the semiconductor company's stock worth $1,484,729,000 after acquiring an additional 208,670 shares in the last quarter. 84.61% of the stock is owned by institutional investors.

Key Headlines 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.

Insiders Place Their Bets

In other Lam Research news, CFO Douglas R. Bettinger sold 50,057 shares of the business's stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total value of $11,214,269.71. Following the completion of the sale, the chief financial officer directly owned 1,081,705 shares of the company's stock, valued at $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Ava Harter sold 6,010 shares of the business's stock in a transaction on Monday, April 27th. The stock was sold at an average price of $258.66, for a total transaction of $1,554,546.60. Following the completion of the sale, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 120,066 shares of company stock valued at $27,953,242 over the last three months. Insiders own 0.31% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on LRCX shares. Oppenheimer reiterated an "outperform" rating and issued a $330.00 target price on shares of Lam Research in a research report on Thursday, April 23rd. Rothschild & Co Redburn upped their target price on shares of Lam Research from $225.00 to $265.00 and gave the stock a "buy" rating in a research report on Friday, February 6th. JPMorgan Chase & Co. upped their target price on shares of Lam Research from $300.00 to $315.00 and gave the stock an "overweight" rating in a research report on Thursday, April 23rd. Seaport Research Partners started coverage on shares of Lam Research in a research report on Monday, May 4th. They issued a "buy" rating and a $300.00 target price for the company. Finally, Morgan Stanley upped their target price on shares of Lam Research from $260.00 to $293.00 and gave the stock an "equal weight" rating in a research report on Thursday, April 23rd. Twenty-six equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $291.75.

Lam Research Stock Performance

Lam Research stock 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 company has a market capitalization of $374.11 billion, a PE ratio of 56.44, a P/E/G ratio of 2.45 and a beta of 1.81. The firm has a fifty day simple moving average of $245.00 and a two-hundred day simple moving average of $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 posted its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.11. The business had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The firm's revenue for the quarter was up 23.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Research analysts expect that Lam Research Corporation will post 5.67 EPS for the current year.

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.

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