Legacy Edge Advisors LLC Invests $1.03 Million in Lam Research Corporation $LRCX

Key Points

• Legacy Edge Advisors LLC opened a new position in Lam Research (NASDAQ:LRCX) in Q4, acquiring 6,025 shares valued at approximately $1.03 million.
• Other big institutional moves included Artemis Investment Management adding 338,403 shares (bringing its stake to 516,128 shares, ~$88.35M) and PFA Pension initiating a roughly $172.73M position, leaving institutions owning 84.61% of the stock.
• Lam Research recently beat Q3 estimates (EPS $1.47 vs. $1.36; revenue $5.84B) and has a majority of analysts rating it a Moderate Buy with a consensus target around $285.94, though insiders have pared back holdings via recent sales.

Legacy Edge Advisors LLC acquired a new position in Lam Research Corporation (NASDAQ:LRCX - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 6,025 shares of the semiconductor company's stock, valued at approximately $1,031,000.

A number of other hedge funds have also made changes to their positions in the business. LVZ Inc. purchased a new position in shares of Lam Research in the 4th quarter valued at $645,000. Retirement Planning Group LLC NY purchased a new position in shares of Lam Research in the 4th quarter valued at $363,000. Artemis Investment Management LLP raised its stake in shares of Lam Research by 190.4% in the 4th quarter. Artemis Investment Management LLP now owns 516,128 shares of the semiconductor company's stock valued at $88,351,000 after acquiring an additional 338,403 shares during the period. Composition Wealth LLC raised its stake in shares of Lam Research by 42.6% in the 4th quarter. Composition Wealth LLC now owns 4,440 shares of the semiconductor company's stock valued at $760,000 after acquiring an additional 1,326 shares during the period. Finally, PFA Pension Forsikringsaktieselskab purchased a new position in shares of Lam Research in the 4th quarter valued at $172,729,000. Hedge funds and other institutional investors own 84.61% of the company's stock.

Trending Headlines about Lam Research

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

• Positive Sentiment: Q3 results and follow-up analyst upgrades highlight continued AI-driven demand and beat Street expectations, supporting near-term revenue/earnings momentum. Analyst Upgrades PT on Lam Research After Q3 Earnings, What’s Next?
• Positive Sentiment: Erste Group raised FY2027 EPS estimates (from $7.02 to $7.74), indicating analysts are increasing medium‑term profit expectations despite a "Hold" rating. Erste Group raises FY2027 EPS
• Positive Sentiment: High-profile portfolio ownership: Lam is highlighted in billionaire Philippe Laffont’s portfolio and cited as a strong YTD performer (roughly +35% YTD), which can attract momentum buyers. Forget Nvidia: This AI Semiconductor Stock in Billionaire Philippe Laffont Portfolio Is Winning in 2026
• Positive Sentiment: Technical: LRCX recently cleared the 20-day simple moving average — a short‑term bullish signal that can draw technical traders. Lam Research Recently Broke Out Above the 20-Day Moving Average
• Neutral Sentiment: Analyst price-target moves are wide-ranging (moves spanning roughly $6 to $105), reflecting divergent views on wafer‑fab equipment demand and valuation — this raises volatility and mixed signals for investors. How The Lam Research (LRCX) Story Is Shifting With New Analyst Targets And Risks
• Neutral Sentiment: Retail and research attention has LRCX trending on stock‑search platforms; that can amplify swings but doesn’t change fundamentals by itself. Lam Research Corporation Is a Trending Stock

Analyst Ratings Changes

A number of brokerages have recently commented on LRCX. UBS Group set a $300.00 target price on shares of Lam Research in a research note on Thursday, January 29th. Citigroup reissued a "buy" rating and issued a $315.00 target price (up from $300.00) on shares of Lam Research in a research note on Thursday, April 23rd. Zacks Research downgraded Lam Research from a "strong-buy" rating to a "hold" rating in a report on Monday, April 6th. Stifel Nicolaus raised their target price on Lam Research from $300.00 to $325.00 and gave the company a "buy" rating in a report on Thursday, April 23rd. Finally, Rothschild & Co Redburn raised their target price on Lam Research from $225.00 to $265.00 and gave the company a "buy" rating in a report on Friday, February 6th. Twenty-six research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, Lam Research has an average rating of "Moderate Buy" and a consensus target price of $285.94.

Insiders Place Their Bets

In other Lam Research news, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the sale, the chief financial officer directly owned 1,081,705 shares in the company, valued at $242,334,371.15. The trade was a 4.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Ava Harter sold 6,010 shares of Lam Research stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $258.66, for a total value of $1,554,546.60. Following the sale, the insider owned 53,205 shares in the company, valued at $13,762,005.30. This represents a 10.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 136,896 shares of company stock worth $31,213,349 in the last three months. 0.31% of the stock is owned by insiders.

Lam Research Stock Performance

Lam Research stock opened at $256.78 on Friday. Lam Research Corporation has a 12-month low of $72.59 and a 12-month high of $275.84. The company has a market capitalization of $321.12 billion, a price-to-earnings ratio of 48.45, a price-to-earnings-growth ratio of 2.12 and a beta of 1.81. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.54 and a quick ratio of 1.77. The firm's fifty day moving average price is $236.37 and its 200 day moving average price is $201.49.

Lam Research (NASDAQ:LRCX - Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.11. Lam Research had a net margin of 30.94% and a return on equity of 66.21%. The firm had revenue of $5.84 billion for the quarter, compared to the consensus estimate of $5.70 billion. During the same quarter in the previous year, the firm posted $1.04 EPS. The firm's quarterly revenue was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. On average, research analysts forecast that Lam Research Corporation will post 5.68 EPS for the current fiscal year.

Lam Research Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 4th were issued a dividend of $0.26 per share. The ex-dividend date was Wednesday, March 4th. This represents a $1.04 annualized dividend and a yield of 0.4%. Lam Research's payout ratio is currently 19.62%.

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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