Jump Financial LLC Sells 29,457 Shares of Lam Research Corporation $LRCX

Key Points

• Jump Financial LLC has reduced its stake in Lam Research Corporation by 56.5%, selling 29,457 shares and now holding 22,652 shares worth $1,647,000.
• Vanguard Group Inc. increased its holdings in Lam Research by 6.9%, making it one of several institutions that have recently adjusted their stakes, with the stock now predominantly owned (84.61%) by institutional investors.
• Lam Research reported strong quarterly earnings, with an EPS of $1.33, surpassing the consensus estimate, and has set guidance for Q1 2026 at 1.100-1.300 EPS.

Jump Financial LLC reduced its stake in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 56.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,652 shares of the semiconductor company's stock after selling 29,457 shares during the quarter. Jump Financial LLC's holdings in Lam Research were worth $1,647,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of LRCX. Smallwood Wealth Investment Management LLC bought a new position in shares of Lam Research in the 1st quarter valued at about $26,000. West Paces Advisors Inc. bought a new position in Lam Research in the fourth quarter valued at approximately $27,000. Mpwm Advisory Solutions LLC bought a new position in Lam Research in the fourth quarter valued at approximately $27,000. Park Square Financial Group LLC bought a new stake in shares of Lam Research during the 4th quarter valued at $31,000. Finally, Putney Financial Group LLC bought a new position in shares of Lam Research in the 4th quarter worth $36,000. Institutional investors own 84.61% of the company's stock.

Lam Research Stock Down 3.8%

Shares of NASDAQ:LRCX traded down $3.94 during midday trading on Monday, reaching $100.15. 12,177,963 shares of the company were exchanged, compared to its average volume of 11,266,383. The firm has a market cap of $126.75 billion, a PE ratio of 24.07, a P/E/G ratio of 1.29 and a beta of 1.76. Lam Research Corporation has a fifty-two week low of $56.32 and a fifty-two week high of $108.02. The stock has a fifty day simple moving average of $99.45 and a two-hundred day simple moving average of $85.31. The company has a quick ratio of 1.55, a current ratio of 2.21 and a debt-to-equity ratio of 0.38.

Lam Research (NASDAQ:LRCX - Get Free Report) last released its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 EPS for the quarter, beating the consensus estimate of $1.21 by $0.12. The firm had revenue of $5.17 billion for the quarter, compared to analysts' expectations of $4.99 billion. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The business's quarterly revenue was up 33.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.03 EPS. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. As a group, sell-side analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th will be paid a $0.26 dividend. This is a boost from Lam Research's previous quarterly dividend of $0.23. The ex-dividend date is Wednesday, September 24th. This represents a $1.04 dividend on an annualized basis and a yield of 1.0%. Lam Research's dividend payout ratio (DPR) is currently 22.12%.

Wall Street Analyst Weigh In

LRCX has been the subject of a number of recent analyst reports. Erste Group Bank initiated coverage on Lam Research in a report on Thursday, August 14th. They issued a "buy" rating for the company. Summit Insights downgraded shares of Lam Research from a "buy" rating to a "hold" rating in a research report on Thursday, July 31st. Raymond James Financial lifted their price objective on shares of Lam Research from $90.00 to $110.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Oppenheimer lifted their price objective on shares of Lam Research from $110.00 to $120.00 and gave the stock an "outperform" rating in a research note on Thursday, July 31st. Finally, Barclays set a $83.00 target price on shares of Lam Research and gave the company an "equal weight" rating in a research note on Monday, July 28th. Twenty analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $107.30.

Lam Research Profile

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.