Orion Porfolio Solutions LLC Acquires 8,840 Shares of Lam Research Corporation $LRCX

Key Points

• Orion Portfolio Solutions LLC raised its Lam Research stake 14.6% in Q3, adding 8,840 shares to hold 69,218 shares worth about $9.27 million at quarter-end.
• Significant insider selling has taken place recently — insiders sold about 130,886 shares (~$29.66M) in the last three months, including a 35,000-share sale by Director Eric Brandt.
• Fundamentals and analyst sentiment remain supportive: Lam beat quarterly EPS and revenue (revenue +22.1%), set Q3 2026 EPS guidance of $1.25–$1.45, and carries a "Moderate Buy" consensus with an average price target near $245.

Orion Porfolio Solutions LLC lifted its holdings in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 14.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,218 shares of the semiconductor company's stock after purchasing an additional 8,840 shares during the quarter. Orion Porfolio Solutions LLC's holdings in Lam Research were worth $9,268,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Howard Hughes Medical Institute purchased a new position in Lam Research in the 2nd quarter worth $27,000. Strategic Wealth Investment Group LLC purchased a new stake in Lam Research during the second quarter valued at about $29,000. Delos Wealth Advisors LLC bought a new position in shares of Lam Research during the second quarter valued at about $30,000. Country Trust Bank purchased a new position in shares of Lam Research in the second quarter worth about $39,000. Finally, Sound Income Strategies LLC bought a new stake in shares of Lam Research in the 3rd quarter valued at about $41,000. 84.61% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Eric Brandt sold 35,000 shares of the stock in a transaction dated Friday, February 6th. The stock was 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 owned 253,705 shares in the company, valued at approximately $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ava Harter sold 1,500 shares of Lam Research stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $222.66, for a total transaction of $333,990.00. Following the completion of the sale, the insider owned 53,205 shares in the company, valued at approximately $11,846,625.30. This represents a 2.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 130,886 shares of company stock worth $29,658,802 in the last three months. Company insiders own 0.31% of the company's stock.

Lam Research Trading Down 7.2%

Shares of NASDAQ LRCX opened at $199.33 on Friday. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $256.68. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.61. The firm has a 50-day moving average of $220.95 and a 200 day moving average of $168.75. The stock has a market cap of $248.92 billion, a P/E ratio of 40.85, a price-to-earnings-growth ratio of 2.31 and a beta of 1.77.

Lam Research (NASDAQ:LRCX - Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.10. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The firm had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same period last year, the company earned $0.91 earnings per share. The company's revenue was up 22.1% on a year-over-year basis. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, sell-side analysts expect that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th will be paid a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.5%. Lam Research's dividend payout ratio is 21.31%.

Lam Research News Roundup

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

• Positive Sentiment: Analyst price targets signal meaningful upside — consensus targets imply roughly ~25% upside, supporting a bullish case that continued AI/foundry demand and upward earnings revisions could drive gains. Read More.
• Positive Sentiment: Technical setup is constructive — LRCX recently crossed above its 50‑day moving average and hit an intraday high after a key trading signal, which can attract momentum buying. Read More.
• Positive Sentiment: Fundamentals remain supportive — Lam posted a recent quarterly beat with strong margins and guidance that underline exposure to wafer‑processing demand for AI and advanced nodes, attracting institutional interest. Read More.
• Neutral Sentiment: Increased media coverage and valuation debate — multiple “too late to buy?” and review pieces raise visibility and spark discussion on whether the current run already prices growth; useful context but not an immediate catalyst. Read More.
• Negative Sentiment: Large insider selling has spooked investors — CFO Douglas Bettinger sold ~50,057 shares (~$11M) and other insiders (including Ava Harter) reported additional sales; while such sales can be for diversification or tax planning, they often trigger near‑term selling pressure. Read More.
• Negative Sentiment: Sector/geo‑political risks and rising energy costs — reports highlight higher operating costs for customer fabs and potential supply‑chain disruptions tied to geopolitical tensions, a near‑term risk driver that has contributed to the pullback. Read More.

Wall Street Analyst Weigh In

LRCX has been the subject of several recent analyst reports. The Goldman Sachs Group set a $262.00 price objective on shares of Lam Research and gave the company a "buy" rating in a research note on Thursday, January 29th. Barclays set a $250.00 price target on Lam Research in a report on Thursday, January 29th. Argus upped their price target on Lam Research from $175.00 to $280.00 in a research report on Tuesday, February 3rd. Jefferies Financial Group reiterated a "buy" rating and issued a $200.00 price objective (up from $175.00) on shares of Lam Research in a report on Monday, December 15th. Finally, TD Cowen boosted their target price on Lam Research from $170.00 to $290.00 and gave the company a "buy" rating in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Lam Research has an average rating of "Moderate Buy" and a consensus price target of $245.19.

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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