F m Investments LLC Has $10.70 Million Holdings in Lam Research Corporation $LRCX

Key Points

• F m Investments LLC increased its Lam Research stake by 8.9% in the fourth quarter, buying 5,099 more shares and bringing its total holding to 62,484 shares worth about $10.7 million.
• Wall Street sentiment remains constructive: several analysts raised price targets, and the consensus rating is Moderate Buy with an average target price of $285.94.
• Lam Research reported better-than-expected earnings and revenue for its latest quarter, while insiders have been selling shares and the stock has climbed sharply, recently trading near its 52-week high.

F m Investments LLC raised its position in Lam Research Corporation (NASDAQ:LRCX - Free Report) by 8.9% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 62,484 shares of the semiconductor company's stock after acquiring an additional 5,099 shares during the period. F m Investments LLC's holdings in Lam Research were worth $10,696,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in Lam Research by 0.3% in the third quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company's stock valued at $17,537,447,000 after acquiring an additional 364,949 shares during the period. State Street Corp grew its stake 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 valued at $8,024,684,000 after acquiring an additional 265,805 shares during the period. Invesco Ltd. grew its stake in Lam Research by 18.2% in the third quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company's stock valued at $2,836,397,000 after acquiring an additional 3,263,658 shares during the period. Arrowstreet Capital Limited Partnership grew its stake 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 valued at $1,518,542,000 after acquiring an additional 10,053,978 shares during the period. Finally, Nordea Investment Management AB grew its stake in Lam Research by 6.8% in the third quarter. Nordea Investment Management AB now owns 11,312,752 shares of the semiconductor company's stock valued at $1,512,854,000 after acquiring an additional 718,178 shares during the period. Institutional investors and hedge funds own 84.61% of the company's stock.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: B. Riley raised its price target on Lam Research to $350 from $330 and kept a Buy rating, citing strong earnings and solid execution. Why Analysts Are Growing More Confident In Lam Research (LRCX)
• Positive Sentiment: Erste Group Bank lifted FY2027 EPS estimates for Lam Research to $7.88 from $7.74, suggesting analysts see better long-term earnings power. Lam Research stock page
• Positive Sentiment: Recent coverage highlights Lam Research as an AI-fab beneficiary with orders beating expectations, supporting the case for further upside after a sharp rally. Lam Research (LRCX) Is Up 19.5% After AI-Fab Orders Beat Expectations Has The Bull Case Changed?
• Neutral Sentiment: Some commentary notes the stock has already surged dramatically over the past year, which may raise overbought concerns even as Wall Street remains constructive. Lam Research Has Surged 300% in a Year. Wall Street Sees More Gains Still Ahead
• Neutral Sentiment: Investor articles argue the rally may still have room to run, but that view is speculative rather than a direct fundamental update. Why Lam Research Still Looks Like a Buy After a 300% Rally

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Jefferies Financial Group raised their target price on Lam Research from $285.00 to $315.00 and gave the company a "buy" rating in a report on Thursday, April 23rd. BNP Paribas Exane raised their target price on Lam Research from $250.00 to $260.00 and gave the company a "neutral" rating in a report on Thursday, April 23rd. Rothschild & Co Redburn raised their target price on Lam Research from $225.00 to $265.00 and gave the company a "buy" rating in a report on Friday, February 6th. Susquehanna raised their target price on Lam Research from $350.00 to $385.00 and gave the company a "positive" rating in a report on Thursday, April 23rd. Finally, Zacks Research lowered Lam Research from a "strong-buy" rating to a "hold" rating in a report on Monday, April 6th. Twenty-six research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $285.94.

Insider Buying and Selling

In related news, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the sale, the chief financial officer directly owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. This trade represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Neil J. Fernandes sold 18,170 shares of Lam Research stock in a transaction on Friday, May 1st. The stock was sold at an average price of $255.14, for a total value of $4,635,893.80. Following the sale, the senior vice president owned 66,129 shares in the company, valued at $16,872,153.06. This trade represents a 21.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 120,066 shares of company stock worth $27,953,242. 0.31% of the stock is owned by company insiders.

Lam Research Stock Performance

Shares of Lam Research stock opened at $294.05 on Friday. The business's fifty day simple moving average is $238.93 and its 200 day simple moving average is $204.97. The firm has a market capitalization of $367.73 billion, a P/E ratio of 55.48, a price-to-earnings-growth ratio of 2.37 and a beta of 1.81. Lam Research Corporation has a 12 month low of $74.65 and a 12 month high of $297.99. The company has a current ratio of 2.54, a quick ratio of 1.77 and a debt-to-equity ratio of 0.35.

Lam Research (NASDAQ:LRCX - Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping analysts' consensus estimates of $1.36 by $0.11. The business had revenue of $5.84 billion for the quarter, compared to analyst estimates of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.Lam Research's quarterly revenue was up 23.8% compared to the same quarter last year. During the same period last year, the company posted $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, analysts anticipate that Lam Research Corporation will post 5.67 EPS for the current year.

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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