Greenup Street Wealth Management LLC Reduces Position in Lam Research Corporation $LRCX

Key Points

• Greenup Street trimmed its stake in Lam Research by 92% in Q4, selling 27,468 shares and leaving 2,389 shares valued at about $409,000, per its Form 13F filing.
• Lam Research reported a quarterly earnings beat (EPS $1.27 vs. $1.17 est.) and revenue of $5.34 billion (+22.1% YoY), and set Q3 2026 EPS guidance of 1.250–1.450, signaling continued strong demand.
• Analysts have been raising targets (consensus target ~$246.32; Susquehanna to $350), but notable insider selling continues—about 130,886 shares (~$29.7M) sold over the last three months, with insiders now owning 0.31% of the stock.

Greenup Street Wealth Management LLC trimmed its holdings in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 92.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,389 shares of the semiconductor company's stock after selling 27,468 shares during the quarter. Greenup Street Wealth Management LLC's holdings in Lam Research were worth $409,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Capital Advisors Ltd. LLC grew its stake in Lam Research by 1.1% in the fourth quarter. Capital Advisors Ltd. LLC now owns 4,646 shares of the semiconductor company's stock worth $795,000 after purchasing an additional 51 shares in the last quarter. Financial Consulate Inc. grew its stake in Lam Research by 2.7% in the fourth quarter. Financial Consulate Inc. now owns 2,157 shares of the semiconductor company's stock worth $369,000 after purchasing an additional 57 shares in the last quarter. Abound Wealth Management grew its stake in Lam Research by 6.9% in the fourth quarter. Abound Wealth Management now owns 931 shares of the semiconductor company's stock worth $159,000 after purchasing an additional 60 shares in the last quarter. Independence Bank of Kentucky grew its stake in Lam Research by 6.0% in the fourth quarter. Independence Bank of Kentucky now owns 1,060 shares of the semiconductor company's stock worth $181,000 after purchasing an additional 60 shares in the last quarter. Finally, McLean Asset Management Corp grew its stake in Lam Research by 1.3% in the fourth quarter. McLean Asset Management Corp now owns 5,099 shares of the semiconductor company's stock worth $873,000 after purchasing an additional 65 shares in the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Lam Research Stock Performance

Shares of LRCX stock opened at $263.66 on Friday. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. The business has a 50 day moving average of $227.64 and a two-hundred day moving average of $189.35. Lam Research Corporation has a 52 week low of $61.14 and a 52 week high of $268.23. The company has a market cap of $329.25 billion, a P/E ratio of 54.03, a PEG ratio of 2.81 and a beta of 1.78.

Lam Research (NASDAQ:LRCX - Get Free Report) last issued its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, beating analysts' consensus estimates of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The company had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same period in the previous year, the firm posted $0.91 earnings per share. Lam Research's quarterly revenue was up 22.1% compared to the same quarter last year. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th were given a dividend of $0.26 per share. The ex-dividend date was Wednesday, March 4th. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. Lam Research's payout ratio is currently 21.31%.

More Lam Research News

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

• Positive Sentiment: Susquehanna raised its price target on LRCX to $350 (from $325) and kept a "positive" rating, signaling strong analyst conviction and implying roughly ~32.8% upside from the cited reference price — a catalyst that can drive buying interest. MarketScreener
• Positive Sentiment: 24/7 Wall St. published a bullish target of $253.16 on LRCX (14.7% upside vs. its reference price), citing strong earnings growth — another favorable independent valuation backing the recent rally. 24/7 Wall St. Article
• Positive Sentiment: Coverage noting an analyst upgrade (reported by AmericanBankingNews/Benzinga) has already coincided with intraday gains, reinforcing momentum as investors re-rate Lam on better-than-expected results and outlook trends. AmericanBankingNews
• Neutral Sentiment: A Yahoo Finance piece examines Lam’s valuation after recent share-price momentum, prompting investors to reassess whether the current multiple fairly reflects continued growth — relevant for longer-term position sizing. Yahoo Finance
• Negative Sentiment: Broader-market weakness linked to fading optimism over a U.S.–Iran ceasefire could pressure cyclical names, including semiconductor equipment suppliers like Lam, if risk-off flows intensify. Barchart

Analyst Ratings Changes

LRCX has been the subject of a number of research reports. Zacks Research downgraded Lam Research from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 6th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $320.00 price target (up from $265.00) on shares of Lam Research in a research note on Thursday, January 29th. Stifel Nicolaus lifted their price target on Lam Research from $250.00 to $280.00 and gave the stock a "buy" rating in a research note on Thursday, January 29th. Bank of America lifted their price target on Lam Research from $195.00 to $245.00 and gave the stock a "buy" rating in a research note on Tuesday, January 13th. Finally, Rothschild & Co Redburn lifted their target price on Lam Research from $225.00 to $265.00 and gave the company a "buy" rating in a research note on Friday, February 6th. Twenty-seven research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $246.32.

Insider Transactions at Lam Research

In other news, insider Ava Harter sold 4,000 shares of the business's stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $232.50, for a total transaction of $930,000.00. Following the completion of the transaction, the insider directly owned 54,705 shares in the company, valued at approximately $12,718,912.50. The trade was a 6.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Eric Brandt sold 35,000 shares of the business's stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the transaction, the director owned 253,705 shares of the company's stock, valued at approximately $57,235,848. This represents a 12.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 130,886 shares of company stock worth $29,658,802. Company insiders own 0.31% of the company's stock.

Lam Research Company 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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