Fideuram Asset Management Ireland dac Invests $10.04 Million in Lam Research Corporation $LRCX

Key Points

• Fideuram Asset Management Ireland dac opened a new position in Lam Research, buying 58,623 shares worth about $10.04 million in the fourth quarter.
• Lam Research reported better-than-expected quarterly results, with EPS of $1.47 versus $1.36 expected and revenue of $5.84 billion, up 23.8% year over year. The company also gave Q4 2026 guidance of $1.50 to $1.80 EPS.
• Despite the strong fundamentals, the stock has seen heavy insider selling over the past 90 days, and shares are trading near their 52-week high after a strong run. Wall Street remains mostly bullish, with 27 Buy ratings and a consensus Moderate Buy view.

Fideuram Asset Management Ireland dac acquired a new position in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 58,623 shares of the semiconductor company's stock, valued at approximately $10,035,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Principia Wealth Advisory LLC grew its stake in shares of Lam Research by 864.8% during the 4th quarter. Principia Wealth Advisory LLC now owns 685 shares of the semiconductor company's stock worth $117,000 after purchasing an additional 614 shares during the period. Basepoint Wealth LLC acquired a new stake in Lam Research in the 4th quarter valued at $56,000. Rothschild Investment LLC grew its stake in Lam Research by 4.3% in the 4th quarter. Rothschild Investment LLC now owns 6,453 shares of the semiconductor company's stock valued at $1,105,000 after acquiring an additional 264 shares during the period. SBI Okasan Asset Management Co.Ltd. acquired a new stake in Lam Research in the 4th quarter valued at $348,000. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its stake in Lam Research by 132.0% in the 4th quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 1,005,927 shares of the semiconductor company's stock valued at $172,195,000 after acquiring an additional 572,364 shares during the period. Institutional investors and hedge funds own 84.61% of the company's stock.

Insiders Place Their Bets

In other Lam Research news, insider Ava Harter sold 6,010 shares of Lam Research 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 sale, the insider owned 53,205 shares of the company's stock, valued at $13,762,005.30. The trade was a 10.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 transaction, the senior vice president owned 66,129 shares in the company, valued at approximately $16,872,153.06. This represents a 21.55% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 120,066 shares of company stock valued at $27,953,242 in the last 90 days. 0.31% of the stock is owned by insiders.

Lam Research Trading Down 0.3%

Shares of LRCX opened at $318.00 on Friday. Lam Research Corporation has a 52-week low of $79.49 and a 52-week high of $333.33. 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 firm's fifty day moving average is $262.01 and its two-hundred day moving average is $220.11. The stock has a market cap of $397.68 billion, a PE ratio of 60.00, a price-to-earnings-growth ratio of 2.64 and a beta of 1.81.

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

Lam Research Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Wednesday, June 17th will be paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Wednesday, June 17th. Lam Research's payout ratio is 19.62%.

More Lam Research News

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

• Positive Sentiment: Applied Materials CEO Gary Dickerson said semiconductors are in their strongest period ever, with AI driving unprecedented computing demand and long-term growth. That upbeat read-through supports suppliers like Lam Research, which sells chipmaking equipment used in advanced semiconductor production. Article Title
• Positive Sentiment: Mizuho Securities reiterated a buy rating on Lam Research, reinforcing bullish analyst sentiment around the stock’s earnings power and long-term outlook. Article Title
• Neutral Sentiment: Lam Research has strong technical momentum after a huge run over the past year, but the stock is also viewed as expensive, with commentary noting it may be materially overvalued. That combination can keep traders interested while also raising caution about further upside. Article Title
• Neutral Sentiment: Short-interest data showed no meaningful change in reported shorts, so this does not appear to be a major new catalyst for the stock.
• Negative Sentiment: One market note warned that Lam Research’s valuation is elevated and that new buyers should be cautious, which may temper enthusiasm despite the company’s strong fundamentals. Article Title
• Negative Sentiment: Another trading article highlighted heavy put-option activity in Lam Research, suggesting some investors are positioning for downside protection or near-term volatility. Article Title

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on LRCX shares. The Goldman Sachs Group reissued a "buy" rating and issued a $290.00 price target on shares of Lam Research in a research note on Thursday, April 23rd. Citigroup reissued a "buy" rating and issued a $315.00 price target (up from $300.00) on shares of Lam Research in a research note on Thursday, April 23rd. TD Cowen lifted their price target on shares of Lam Research from $290.00 to $340.00 and gave the company a "buy" rating in a research note on Thursday, April 23rd. Oppenheimer reissued an "outperform" rating and issued a $330.00 price target on shares of Lam Research in a research note on Thursday, April 23rd. Finally, BNP Paribas Exane lifted their price target on shares of Lam Research from $250.00 to $260.00 and gave the company a "neutral" rating in a research note on Thursday, April 23rd. Twenty-seven equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $295.07.

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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