Lam Research Corporation $LRCX Shares Bought by Swedbank AB

Key Points

• Swedbank AB raised its stake in Lam Research by 22.4%, buying 728,321 shares to own 3,983,958 shares (about 0.32% of the company) valued at $681,974,000 per its latest 13F filing.
• Lam beat quarterly estimates (EPS $1.47 vs. $1.36; revenue $5.84B vs. $5.70B), set Q4 2026 guidance of roughly 1.50–1.80 EPS, and has seen multiple analyst price-target lifts with a consensus rating of "Moderate Buy" and an average target of $285.94.
• Institutional ownership is high at 84.61%, but insiders have been net sellers recently—155,066 shares sold in the last 90 days (including an SVP and a director), while corporate insiders now own 0.31% of the stock.

Swedbank AB raised its stake in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 22.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,983,958 shares of the semiconductor company's stock after buying an additional 728,321 shares during the period. Swedbank AB owned approximately 0.32% of Lam Research worth $681,974,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of LRCX. Brighton Jones LLC increased its stake in Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company's stock valued at $1,025,000 after buying an additional 12,936 shares during the period. Caxton Associates LLP acquired a new stake in shares of Lam Research during the first quarter valued at approximately $239,000. Gabelli Funds LLC acquired a new stake in shares of Lam Research during the second quarter valued at approximately $253,000. NewEdge Advisors LLC raised its holdings in shares of Lam Research by 2.7% during the second quarter. NewEdge Advisors LLC now owns 100,528 shares of the semiconductor company's stock valued at $9,785,000 after acquiring an additional 2,661 shares during the period. Finally, Osterweis Capital Management Inc. boosted its holdings in shares of Lam Research by 5,206.7% during the second quarter. Osterweis Capital Management Inc. now owns 796 shares of the semiconductor company's stock worth $77,000 after purchasing an additional 781 shares during the period. Institutional investors and hedge funds own 84.61% of the company's stock.

Wall Street Analysts Forecast Growth

LRCX has been the subject of several research reports. KeyCorp restated a "sector weight" rating on shares of Lam Research in a report on Thursday, January 29th. HSBC raised their price target on shares of Lam Research from $221.00 to $247.00 and gave the stock a "hold" rating in a report on Friday, April 24th. Oppenheimer reissued an "outperform" rating and issued a $330.00 target price on shares of Lam Research in a research report on Thursday, April 23rd. Barclays set a $275.00 target price on shares of Lam Research and gave the stock an "equal weight" rating in a research report on Thursday, April 23rd. Finally, Susquehanna boosted their target price on shares of Lam Research from $350.00 to $385.00 and gave the stock a "positive" rating in a research report on Thursday, April 23rd. Twenty-six analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, Lam Research has an average rating of "Moderate Buy" and an average target price of $285.94.

Lam Research Trading Up 6.7%

NASDAQ:LRCX opened at $275.80 on Wednesday. Lam Research Corporation has a 12 month low of $72.59 and a 12 month high of $280.00. The firm has a market cap of $344.91 billion, a price-to-earnings ratio of 52.04, a P/E/G ratio of 2.14 and a beta of 1.81. 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 company's 50 day moving average is $236.99 and its 200-day moving average is $202.86.

Lam Research (NASDAQ:LRCX - Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 EPS for the quarter, beating analysts' consensus estimates 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 analyst estimates of $5.70 billion. During the same quarter last year, the firm posted $1.04 earnings per share. The company'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. Equities analysts anticipate that Lam Research Corporation will post 5.68 EPS for the current year.

More Lam Research News

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

• Positive Sentiment: Quarterly beat and bullish June-quarter guide — Lam reported stronger-than-expected March revenue and EPS and guided the June quarter higher, which traders say signals accelerating wafer-fab demand tied to AI and drove the initial re-rate. Read More.
• Positive Sentiment: New sell-side coverage: Seaport Global initiated coverage with a Buy, adding institutional validation and a fresh price target that supports further upside. Read More.
• Positive Sentiment: Consensus and analyst upgrades — Multiple firms have raised targets and the consensus rating sits at "Moderate Buy," lifting conviction that estimates and target prices will move higher. Read More.
• Positive Sentiment: Industry capacity constraints are tightening — Coverage on KLA highlights that inspection/process-control and etch/deposition suppliers (including Lam) are running near capacity as chipmakers scale AI fabs, implying sustained equipment demand and pricing leverage. Read More.
• Positive Sentiment: Analyst bull pieces and raised TAM estimates — Several deep-dive notes (Seeking Alpha, others) argue expanding WFE and hyperscaler capex raise Lam’s long-term revenue runway and margin upside. Read More.
• Neutral Sentiment: Technical/market commentary: IBD named LRCX Stock of the Day and notes the name cleared a buy point — helpful for momentum traders but not a fundamental change. Read More.
• Neutral Sentiment: Media pieces highlighting the multi-year rally and price-target lifts — useful context on sentiment; they summarize the run-up but don’t add new company-specific catalysts. Read More.
• Negative Sentiment: Insider selling disclosure — an SVP sold ~18,170 shares under a pre-arranged 10b5-1 plan; while flagged by the market, the trade was planned and not seen as a company signal by most analysts. Read More.
• Negative Sentiment: Valuation caution — some commentary warns LRCX is approaching frothy levels after the run; that raises the risk of near-term mean reversion if macro or demand signals soften. Read More.

Insiders Place Their Bets

In related news, SVP Neil J. Fernandes sold 18,170 shares of the business's stock in a transaction on Friday, May 1st. The shares were sold at an average price of $255.14, for a total transaction of $4,635,893.80. Following the transaction, the senior vice president 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 sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Brandt sold 35,000 shares of the business's stock in a transaction on Friday, February 6th. The shares were sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the completion of the sale, the director directly owned 253,705 shares in the company, valued at $57,235,848. This trade represents a 12.12% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 155,066 shares of company stock valued at $35,849,242. Corporate 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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