Lam Research Corporation $LRCX Shares Purchased by GDS Wealth Management

Key Points

• GDS Wealth Management increased its stake in Lam Research Corporation by 62.6% during the first quarter, owning 77,285 shares valued at approximately $5.6 million.
• Lam Research reported $1.33 EPS for the last quarter, exceeding analyst expectations, and a 33.6% year-over-year revenue increase.
• The stock currently holds a market capitalization of $126.98 billion with a consensus rating of "Moderate Buy" from analysts.

GDS Wealth Management boosted its holdings in Lam Research Corporation (NASDAQ:LRCX - Free Report) by 62.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 77,285 shares of the semiconductor company's stock after acquiring an additional 29,758 shares during the quarter. GDS Wealth Management's holdings in Lam Research were worth $5,619,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC acquired a new stake in Lam Research in the 1st quarter valued at approximately $26,000. West Paces Advisors Inc. acquired a new stake in Lam Research in the 4th quarter valued at approximately $27,000. Mpwm Advisory Solutions LLC acquired a new stake in Lam Research in the 4th quarter valued at approximately $27,000. Park Square Financial Group LLC acquired a new stake in Lam Research in the 4th quarter valued at approximately $31,000. Finally, Putney Financial Group LLC acquired a new stake in Lam Research in the 4th quarter valued at approximately $36,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Lam Research Stock Performance

Shares of NASDAQ LRCX opened at $100.33 on Wednesday. The company has a quick ratio of 1.55, a current ratio of 2.21 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $126.98 billion, a price-to-earnings ratio of 24.12, a PEG ratio of 1.28 and a beta of 1.65. The stock's fifty day simple moving average is $97.90 and its 200 day simple moving average is $84.22. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $108.02.

Lam Research (NASDAQ:LRCX - Get Free Report) last issued its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.21 by $0.12. The business 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 company's quarterly revenue was up 33.6% on a year-over-year basis. During the same period in the previous year, the firm 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 fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on LRCX. Summit Insights cut Lam Research from a "buy" rating to a "hold" rating in a research report on Thursday, July 31st. Wall Street Zen upgraded Lam Research from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Erste Group Bank began coverage on Lam Research in a research report on Thursday, August 14th. They set a "buy" rating on the stock. Wells Fargo & Company set a $98.00 price target on Lam Research and gave the company an "equal weight" rating in a research report on Thursday, July 31st. Finally, Needham & Company LLC lifted their price target on Lam Research from $110.00 to $115.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. Twenty analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat, Lam Research currently has a consensus rating of "Moderate Buy" and an average price target of $107.09.

About Lam Research

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.

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