Tyler Stone Wealth Management Sells 3,720 Shares of Lam Research Corporation $LRCX

Key Points

• Tyler Stone Wealth Management reduced its holdings in Lam Research Corporation by 32.9%, owning 7,580 shares valued at $551,000 after selling 3,720 shares during the first quarter.
• Lam Research has seen strong analyst support, with multiple upgrades and a consensus price target of $107.09, while holding a current average rating of "Moderate Buy".
• The company's recent earnings report showed a 33.6% year-over-year revenue increase, with quarterly earnings per share of $1.33, exceeding analyst expectations.

Tyler Stone Wealth Management trimmed its holdings in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 32.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,580 shares of the semiconductor company's stock after selling 3,720 shares during the quarter. Tyler Stone Wealth Management's holdings in Lam Research were worth $551,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Brighton Jones LLC raised its position 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 worth $1,025,000 after purchasing an additional 12,936 shares during the last quarter. Renaissance Technologies LLC increased its stake in shares of Lam Research by 198.6% in the fourth quarter. Renaissance Technologies LLC now owns 88,260 shares of the semiconductor company's stock valued at $6,375,000 after buying an additional 58,703 shares during the period. Evergreen Capital Management LLC raised its position in shares of Lam Research by 842.4% during the fourth quarter. Evergreen Capital Management LLC now owns 8,133 shares of the semiconductor company's stock worth $589,000 after acquiring an additional 7,270 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of Lam Research by 1,310.0% in the fourth quarter. NewEdge Advisors LLC now owns 83,427 shares of the semiconductor company's stock worth $6,026,000 after acquiring an additional 77,510 shares during the period. Finally, Zacks Investment Management boosted its holdings in Lam Research by 711.8% in the fourth quarter. Zacks Investment Management now owns 10,845 shares of the semiconductor company's stock valued at $783,000 after acquiring an additional 9,509 shares during the last quarter. Institutional investors own 84.61% of the company's stock.

Lam Research Stock Up 1.5%

Shares of NASDAQ:LRCX traded up $1.45 during midday trading on Tuesday, hitting $100.33. 11,582,668 shares of the company's stock were exchanged, compared to its average volume of 12,041,941. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.21 and a quick ratio of 1.55. Lam Research Corporation has a 12 month low of $56.32 and a 12 month high of $108.02. The company has a market cap of $126.98 billion, a PE ratio of 24.12, a price-to-earnings-growth ratio of 1.29 and a beta of 1.65. The stock has a 50 day moving average price of $97.71 and a 200-day moving average price of $84.11.

Lam Research (NASDAQ:LRCX - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $1.33 EPS for the quarter, topping analysts' consensus estimates of $1.21 by $0.12. The firm had revenue of $5.17 billion during the quarter, compared to analyst estimates of $4.99 billion. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The company's revenue for the quarter was up 33.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.03 EPS. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, sell-side analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

LRCX has been the subject of several analyst reports. Citigroup raised their price target on shares of Lam Research from $108.00 to $113.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Wall Street Zen raised shares of Lam Research from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Deutsche Bank Aktiengesellschaft set a $70.00 target price on shares of Lam Research and gave the company a "hold" rating in a report on Thursday, April 24th. Erste Group Bank assumed coverage on Lam Research in a report on Thursday, August 14th. They set a "buy" rating for the company. Finally, The Goldman Sachs Group assumed coverage on Lam Research in a research report on Thursday, July 10th. They issued a "buy" rating and a $115.00 price objective for the company. Twenty equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, Lam Research currently has a consensus rating of "Moderate Buy" and a consensus price target of $107.09.

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.