Lam Research Corporation $LRCX Stock Bought by N10 Wealth LLC

Key Points

• Institutional ownership increased: N10 Wealth LLC raised its Lam Research stake by 25.2% to 42,491 shares worth approximately $14.0 million. Overall, hedge funds and other institutional investors own 84.61% of LRCX.
• Analysts remain bullish and fundamentals were strong: Lam Research posted quarterly EPS of $1.82, beating expectations, while revenue rose 30% year over year to $6.72 billion. The stock carries a “Moderate Buy” consensus rating with an average price target of $364.59.
• Shares faced near-term pressure: LRCX fell 4.9% to $286.22 amid a broader selloff in semiconductor-equipment stocks, while insiders reported stock sales and no purchases over the prior six months. Lam Research also increased its quarterly dividend to $0.33 per share from $0.26.

N10 Wealth LLC raised its stake in Lam Research Corporation (NASDAQ:LRCX - Free Report) by 25.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,491 shares of the semiconductor company's stock after acquiring an additional 8,548 shares during the quarter. Lam Research makes up 3.9% of N10 Wealth LLC's portfolio, making the stock its 10th biggest holding. N10 Wealth LLC's holdings in Lam Research were worth $13,959,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in LRCX. N10 Assets LLC lifted its holdings in Lam Research by 10.3% in the 3rd quarter. N10 Assets LLC now owns 36,940 shares of the semiconductor company's stock valued at $12,135,000 after purchasing an additional 3,464 shares in the last quarter. Focus Financial Network Inc. boosted its stake in shares of Lam Research by 17.7% during the 3rd quarter. Focus Financial Network Inc. now owns 1,501 shares of the semiconductor company's stock worth $493,000 after purchasing an additional 226 shares during the last quarter. XY Planning Network Inc. boosted its stake in shares of Lam Research by 5.3% during the 3rd quarter. XY Planning Network Inc. now owns 1,500 shares of the semiconductor company's stock worth $493,000 after purchasing an additional 76 shares during the last quarter. Krilogy Financial LLC grew its holdings in shares of Lam Research by 26.2% during the third quarter. Krilogy Financial LLC now owns 35,640 shares of the semiconductor company's stock worth $11,033,000 after buying an additional 7,405 shares in the last quarter. Finally, RHS Financial LLC purchased a new stake in shares of Lam Research during the third quarter worth about $277,000. 84.61% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Cantor Fitzgerald set a $500.00 price objective on shares of Lam Research and gave the company an "overweight" rating in a research note on Monday, June 29th. TD Cowen reaffirmed a "buy" rating and issued a $400.00 target price (up from $340.00) on shares of Lam Research in a research note on Thursday, July 9th. Berenberg Bank set a $420.00 price target on Lam Research in a report on Wednesday, September 9th. Citigroup reiterated a "buy" rating and issued a $450.00 price target (up from $315.00) on shares of Lam Research in a report on Wednesday, June 17th. Finally, Jefferies Financial Group set a $335.00 price target on Lam Research and gave the stock a "buy" rating in a research note on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Lam Research presently has an average rating of "Moderate Buy" and an average price target of $364.59.

Lam Research Trading Down 4.9%

Shares of NASDAQ LRCX traded down $14.89 on Wednesday, reaching $286.22. 4,133,420 shares of the company traded hands, compared to its average volume of 10,626,418. Lam Research Corporation has a fifty-two week low of $135.50 and a fifty-two week high of $438.50. The company has a 50 day moving average of $310.95 and a 200 day moving average of $307.35. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $358.18 billion, a PE ratio of 49.73, a P/E/G ratio of 1.23 and a beta of 1.85.

Lam Research (NASDAQ:LRCX - Get Free Report) last released its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.13. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The business had revenue of $6.72 billion for the quarter, compared to analysts' expectations of $6.66 billion. During the same period last year, the company earned $1.33 earnings per share. The company's quarterly revenue was up 30.0% on a year-over-year basis. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, equities research analysts forecast that Lam Research Corporation will post 9.34 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 23rd will be paid a dividend of $0.33 per share. This is an increase from Lam Research's previous quarterly dividend of $0.26. This represents a $1.32 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, September 23rd. Lam Research's payout ratio is 22.92%.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Analysts continue to see upside for Lam Research (LRCX). The consensus price target implies approximately 25.6% potential appreciation, while DBS Bank raised its target to $416. However, price targets are not always reliable, making the improving earnings-estimate trend a more important potential catalyst. Wall Street Analysts See a 25.6% Upside in Lam Research DBS Bank Raises Lam Research Target
• Positive Sentiment: Erste Group Bank raised its Lam Research FY2027 EPS forecast to $9.40 from $9.34 and FY2028 estimate to $11.99 from $11.68. Separate UBS commentary also suggested Lam could deliver strong results and guidance, supporting the bullish long-term semiconductor-capital-equipment outlook. UBS Expects Strong Results and Guidance
• Neutral Sentiment: Lam Research is scheduled to report quarterly earnings, making the upcoming results and management guidance the key near-term catalysts. The company’s latest quarter featured record revenue and earnings, but investors will be watching whether AI-related demand and wafer-fabrication spending remain strong. Lam Research Earnings Preview
• Negative Sentiment: The stock has declined for seven consecutive sessions as investors take profits across semiconductor-equipment names following a strong AI-driven run. The pressure appears industry-wide rather than tied to a new Lam-specific setback, but the company remains sensitive to changes in AI valuations and chip-factory spending expectations. Semiconductor Equipment Stocks Slide
• Negative Sentiment: Reported insider activity shows substantial selling and no insider purchases over the past six months. While such transactions may reflect diversification or scheduled sales, they can add to investor caution during a period of elevated valuation and market volatility. Why Lam Research Stock Is Down

Insiders Place Their Bets

In other Lam Research news, Director Bethany Mayer sold 9,557 shares of Lam Research stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $314.74, for a total value of $3,007,970.18. Following the transaction, the director owned 20,995 shares in the company, valued at $6,607,966.30. This trade represents a 31.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Ava Harter sold 5,000 shares of the business's stock in a transaction on Monday, August 31st. The shares were sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the sale, the insider directly owned 42,462 shares of the company's stock, valued at $12,843,056.52. This represents a 10.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.31% of the stock is owned by company insiders.

Lam Research Profile

Lam Research Corporation is a semiconductor equipment company that designs, manufactures, and services systems used in the fabrication of integrated circuits and other electronic devices. Its equipment supports key steps in the wafer manufacturing process, helping semiconductor producers create increasingly small and complex features on silicon wafers.

The company's portfolio includes systems for etch, deposition, wafer cleaning, surface preparation, and related manufacturing processes.

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