Goldenstone Wealth Management LLC Purchases New Shares in Lam Research Corporation $LRCX

Key Points

• Goldenstone Wealth Management disclosed a new fourth-quarter stake in Lam Research, buying 7,994 shares valued at about $1.37 million. The position represents roughly 1% of the firm’s portfolio and is its 23rd-largest holding.
• Lam Research posted strong recent results, with quarterly EPS of $1.47 beating estimates and revenue of $5.84 billion topping expectations. Revenue rose 23.8% year over year, and the company also issued Q4 2026 EPS guidance of 1.50–1.80.
• Analysts remain largely positive on LRCX, with 27 Buy ratings and 7 Hold ratings and an average price target of about $292.97. Recent commentary and upgrades point to stronger semiconductor equipment demand, especially tied to AI and wafer-fab equipment spending.

Goldenstone Wealth Management LLC purchased a new stake in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 7,994 shares of the semiconductor company's stock, valued at approximately $1,368,000. Lam Research makes up about 1.0% of Goldenstone Wealth Management LLC's investment portfolio, making the stock its 23rd largest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. PMV Capital Advisers LLC acquired a new stake in Lam Research during the 4th quarter valued at $25,000. Stance Capital LLC acquired a new stake in Lam Research during the 3rd quarter valued at $26,000. Triumph Capital Management bought a new stake in shares of Lam Research during the third quarter worth $27,000. Strategic Wealth Investment Group LLC bought a new stake in shares of Lam Research during the second quarter worth $29,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of Lam Research during the third quarter worth $40,000. 84.61% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Lam Research news, SVP Neil J. Fernandes sold 18,170 shares of the business's stock in a transaction dated 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 completion of the transaction, the senior vice president directly owned 66,129 shares of the company's stock, valued at approximately $16,872,153.06. The trade was a 21.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ava Harter sold 6,010 shares of the business's stock in a transaction dated Monday, April 27th. The shares were sold at an average price of $258.66, for a total value of $1,554,546.60. Following the completion of the transaction, the insider directly owned 53,205 shares of the company's stock, valued at approximately $13,762,005.30. The trade was a 10.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 120,066 shares of company stock valued at $27,953,242 over the last three months. Company insiders own 0.31% of the company's stock.

Lam Research Stock Up 6.8%

Shares of Lam Research stock opened at $292.09 on Thursday. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35. Lam Research Corporation has a 12 month low of $79.49 and a 12 month high of $302.00. The business has a fifty day simple moving average of $250.60 and a 200 day simple moving average of $213.69. The stock has a market cap of $365.28 billion, a PE ratio of 55.11, a price-to-earnings-growth ratio of 2.26 and a beta of 1.81.

Lam Research (NASDAQ:LRCX - Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, topping analysts' consensus estimates of $1.36 by $0.11. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.The business had revenue of $5.84 billion during the quarter, compared to analysts' expectations of $5.70 billion. During the same period in the previous year, the firm earned $1.04 earnings per share. The firm's quarterly 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. Research analysts predict that Lam Research Corporation will post 5.67 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on LRCX shares. UBS Group set a $300.00 target price on Lam Research in a research report on Thursday, January 29th. Royal Bank Of Canada boosted their target price on Lam Research from $290.00 to $310.00 and gave the stock an "outperform" rating in a research report on Thursday, April 23rd. Argus boosted their target price on Lam Research from $175.00 to $280.00 in a research report on Tuesday, February 3rd. Seaport Research Partners started coverage on Lam Research in a research report on Monday, May 4th. They set a "buy" rating and a $300.00 target price for the company. Finally, KeyCorp restated a "sector weight" rating on shares of Lam Research in a research report on Thursday, January 29th. Twenty-seven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $292.97.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Morgan Stanley upgraded Lam Research (LRCX) to Overweight after raising its wafer-fab equipment industry outlook, signaling stronger expected demand across the semiconductor equipment cycle. LRCX Overweight: How Lam Research Is Poised to Outperform the $149B WFE Market
• Positive Sentiment: Lam Research raised its WFE outlook amid surging AI chip demand, with commentary pointing to record quarterly revenue and EPS strength, which supports the case for continued system-sales growth. LRCX Ups WFE View Amid AI Demand: Can It Lift Systems Revenues?
• Positive Sentiment: Bernstein lifted price targets on LRCX after increasing global WFE spending forecasts, citing better prospects for memory expansion in China and elsewhere. Bernstein lifts price targets on LRCX and KLAC after lifting WFE forecasts
• Positive Sentiment: Lam Research opened a new research lab in Salzburg, Austria, to advance chip-packaging technology aimed at increasing chip density and lowering costs, reinforcing its exposure to AI-related advanced packaging demand. Lam Research opens Austria lab to advance chip packaging, cut costs
• Neutral Sentiment: Industry coverage highlighted Lam Research as one of the key semiconductor equipment “picks-and-shovels” plays behind the memory and AI manufacturing boom, which supports the long-term bull case but is more thematic than immediately actionable. Forget the Memory Chip Arms Race. The Real Trade Is the 3 Equipment Companies Every Chipmaker Must Pay First
• Neutral Sentiment: TipRanks said Lam Research is riding the AI wave to a record quarter, but this mainly reinforces the already-positive earnings narrative rather than adding a new catalyst. Lam Research Rides AI Wave to Record Quarter
• Negative Sentiment: One Zacks comparison argued that Applied Materials may have an edge over LRCX because of more diversified tools, AI software, and a cheaper valuation, which could temper enthusiasm around Lam versus peers. Lam Research vs. Applied Materials: Which AI Chip Stock Has the Edge?

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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