Quent Long Short Global Small Cap Fund LP Acquires Shares of 6,238 Lam Research Corporation $LRCX

Key Points

• Quent Long Short Global Small Cap Fund LP acquired a new stake of 6,238 shares of Lam Research (LRCX) in Q4, valued at about $1.07 million.
• Lam Research beat expectations with Q3 EPS of $1.47 and $5.84B revenue, issued Q4 EPS guidance of 1.50–1.80, and saw multiple analysts raise price targets on AI/memory-driven demand.
• At the same time, insiders have sold roughly 130,886 shares (~$29.7M) in the last 90 days and some commentators warn the stock may be richly valued after a roughly +300% Y/Y run, posing profit‑taking risk.

Quent Long Short Global Small Cap Fund LP acquired a new stake in Lam Research Corporation (NASDAQ:LRCX - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 6,238 shares of the semiconductor company's stock, valued at approximately $1,068,000.

Several other large investors have also recently made changes to their positions in the business. Traphagen Investment Advisors LLC increased its position in shares of Lam Research by 2.4% during the 4th quarter. Traphagen Investment Advisors LLC now owns 1,963 shares of the semiconductor company's stock valued at $336,000 after purchasing an additional 46 shares during the last quarter. Capital Advisors Ltd. LLC increased its position in shares of Lam Research by 1.1% during the 4th quarter. Capital Advisors Ltd. LLC now owns 4,646 shares of the semiconductor company's stock valued at $795,000 after purchasing an additional 51 shares during the last quarter. Global Financial Private Client LLC increased its position in shares of Lam Research by 0.5% during the 4th quarter. Global Financial Private Client LLC now owns 11,037 shares of the semiconductor company's stock valued at $1,889,000 after purchasing an additional 52 shares during the last quarter. WealthCollab LLC increased its position in shares of Lam Research by 29.3% during the 4th quarter. WealthCollab LLC now owns 243 shares of the semiconductor company's stock valued at $42,000 after purchasing an additional 55 shares during the last quarter. Finally, Financial Consulate Inc. increased its position in shares of Lam Research by 2.7% during the 4th quarter. Financial Consulate Inc. now owns 2,157 shares of the semiconductor company's stock valued at $369,000 after purchasing an additional 57 shares during the last quarter. 84.61% of the stock is owned by hedge funds and other institutional investors.

Lam Research Trading Down 2.6%

Shares of LRCX opened at $258.56 on Friday. The business has a 50-day moving average of $234.34 and a 200 day moving average of $197.02. Lam Research Corporation has a fifty-two week low of $67.55 and a fifty-two week high of $273.50. The firm has a market cap of $322.88 billion, a P/E ratio of 48.78, a price-to-earnings-growth ratio of 2.83 and a beta of 1.78. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26.

Lam Research (NASDAQ:LRCX - Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.36 by $0.11. Lam Research had a return on equity of 67.07% and a net margin of 30.94%.The company had revenue of $5.84 billion during the quarter, compared to analyst estimates of $5.70 billion. During the same quarter last year, the firm posted $1.04 EPS. The firm's revenue for the quarter was up 23.8% on a year-over-year basis. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. As a group, research analysts forecast that Lam Research Corporation will post 5.29 EPS for the current year.

Lam Research Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Wednesday, March 4th. Lam Research's payout ratio is currently 21.31%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on LRCX shares. Berenberg Bank raised their target price on Lam Research from $265.00 to $335.00 and gave the company a "buy" rating in a research report on Thursday. Needham & Company LLC restated a "buy" rating and set a $300.00 price target on shares of Lam Research in a research note on Thursday. Argus raised their price target on shares of Lam Research from $175.00 to $280.00 in a research note on Tuesday, February 3rd. Cantor Fitzgerald restated an "overweight" rating and set a $320.00 price target on shares of Lam Research in a research note on Thursday. Finally, Sanford C. Bernstein raised their price target on shares of Lam Research from $285.00 to $325.00 and gave the stock an "outperform" rating in a research note on Thursday. Twenty-six investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, Lam Research currently has an average rating of "Moderate Buy" and an average price target of $281.78.

Insider Activity at Lam Research

In related news, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total value of $11,214,269.71. Following the completion of the transaction, the chief financial officer directly owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. The trade was a 4.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Eric Brandt sold 35,000 shares of Lam Research stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $225.60, for a total value of $7,896,000.00. Following the transaction, the director directly owned 253,705 shares of the company's stock, valued at $57,235,848. The trade was a 12.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 130,886 shares of company stock worth $29,658,802. Corporate insiders own 0.31% of the company's stock.

Key Lam Research News

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

• Positive Sentiment: Q3 beat and upbeat guidance — Lam reported $1.47 EPS and $5.84B revenue (both above expectations) and issued FYQ4 EPS guidance of $1.50–1.80 and revenue guidance above consensus, underpinning the bullish case on AI-driven equipment demand. Press Release
• Positive Sentiment: Wall Street raises targets — Dozens of firms raised price targets and kept buy/overweight ratings (e.g., JPMorgan, BofA, Bernstein, TD Cowen, Susquehanna), signaling renewed analyst conviction in a multi-year wafer‑fab equipment cycle. JPMorgan Target Coverage
• Positive Sentiment: AI / memory tailwinds — Coverage and commentary highlight AI-driven demand (incl. record support sales and memory/DRAM tightness) as a structural revenue and margin driver for Lam’s tools. Deep Dive
• Neutral Sentiment: Analyst detail & metrics — Earnings coverage (Zacks, Seeking Alpha transcripts, slide deck) gives deeper look at backlog, margins and inventory improvements; useful for modeling but not immediately directional. Zacks Analysis
• Neutral Sentiment: Industry supply commentary — Analysts and industry voices (SemiAnalysis) argue DRAM and AI demand could outpace capacity, which supports long‑term demand but also increases cyclicality and capex timing uncertainty. DRAM Demand Article
• Negative Sentiment: Valuation concerns / profit‑taking — Several pieces question whether the run (roughly +300% Y/Y) has priced in too much; some investors are trimming positions given rich multiples and rapid price appreciation. Is It Too Late?
• Negative Sentiment: Analyst caution on price vs. fundamentals — Commentary like Seeking Alpha’s note flags the AI upcycle but argues the stock may be expensive relative to expected returns, a reason for near‑term downside pressure. SA Valuation Piece

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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