Sapient Capital LLC Has $240,000 Stock Position in Lam Research Corporation $LRCX

Key Points

• Sapient Capital LLC cut its Lam Research position by 91.6% in the second quarter, leaving it with 553 shares valued at approximately $240,000. Institutional investors collectively own 84.61% of the company.
• Lam Research reported quarterly EPS of $1.82, beating estimates of $1.69, while revenue reached $6.72 billion, up 30% year over year and slightly above expectations.
• Analysts maintain a favorable outlook, with a consensus “Moderate Buy” rating and an average price target of $358.47, although insiders sold roughly $27.6 million of stock over the past 90 days.

Sapient Capital LLC cut its position in Lam Research Corporation (NASDAQ:LRCX - Free Report) by 91.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 553 shares of the semiconductor company's stock after selling 6,033 shares during the period. Sapient Capital LLC's holdings in Lam Research were worth $240,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Norges Bank bought a new stake in Lam Research during the 4th quarter worth approximately $3,645,427,000. Price T Rowe Associates Inc. MD raised its position in Lam Research by 352.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 13,695,210 shares of the semiconductor company's stock valued at $2,344,347,000 after purchasing an additional 10,666,540 shares during the last quarter. Franklin Resources Inc. boosted its stake in Lam Research by 57.0% in the fourth quarter. Franklin Resources Inc. now owns 10,110,560 shares of the semiconductor company's stock worth $1,730,724,000 after purchasing an additional 3,671,073 shares in the last quarter. Corient Private Wealth LLC boosted its stake in Lam Research by 235.5% in the fourth quarter. Corient Private Wealth LLC now owns 5,199,441 shares of the semiconductor company's stock worth $890,040,000 after purchasing an additional 3,649,553 shares in the last quarter. Finally, J. Stern & Co. LLP boosted its stake in Lam Research by 3,826.9% in the fourth quarter. J. Stern & Co. LLP now owns 3,459,377 shares of the semiconductor company's stock worth $592,176,000 after purchasing an additional 3,371,283 shares in the last quarter. Institutional investors and hedge funds own 84.61% of the company's stock.

Lam Research Trading Up 1.6%

Shares of LRCX opened at $311.41 on Wednesday. The stock's fifty day simple moving average is $339.22 and its 200-day simple moving average is $281.21. The firm has a market capitalization of $389.67 billion, a PE ratio of 54.06, a price-to-earnings-growth ratio of 1.22 and a beta of 1.84. Lam Research Corporation has a 12-month low of $94.11 and a 12-month high of $438.50. The company has a quick ratio of 1.91, a current ratio of 2.63 and a debt-to-equity ratio of 0.30.

Lam Research (NASDAQ:LRCX - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The semiconductor company reported $1.82 EPS for the quarter, topping analysts' consensus estimates of $1.69 by $0.13. Lam Research had a return on equity of 67.60% and a net margin of 31.27%.The firm had revenue of $6.72 billion during the quarter, compared to analyst estimates of $6.66 billion. During the same period last year, the company earned $1.33 earnings per share. The company's 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. As a group, research analysts predict that Lam Research Corporation will post 9.32 earnings per share for the current year.

Lam Research Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Wednesday, June 17th. Lam Research's payout ratio is 18.06%.

Insider Buying and Selling

In other Lam Research news, SVP Neil J. Fernandes sold 7,659 shares of Lam Research stock in a transaction on Monday, June 1st. The shares were sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the completion of the sale, the senior vice president owned 58,470 shares of the company's stock, valued at approximately $18,102,312. The trade was a 11.58% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric Brandt sold 54,500 shares of the company's stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $350.80, for a total transaction of $19,118,600.00. Following the sale, the director owned 199,205 shares of the company's stock, valued at $69,881,114. The trade was a 21.48% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 80,441 shares of company stock valued at $27,614,296 over the last ninety days. Insiders own 0.31% of the company's stock.

Trending Headlines about Lam Research

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

• Positive Sentiment: Erste Group Bank raised its fiscal 2027 EPS estimate for Lam Research to $9.27 from $8.05, above the broader consensus of approximately $9.24. The increase reflects improving confidence in the company’s earnings outlook.
• Positive Sentiment: Lam Research received a Zacks Rank #1, or “Strong Buy,” as analysts cited improving earnings prospects. The upgrade may reinforce investor optimism following the company’s recent quarterly beat, when revenue rose 30% year over year and EPS exceeded expectations. Lam Research Upgraded to Strong Buy
• Positive Sentiment: AI-driven chip demand continues to support Lam Research and other semiconductor-equipment suppliers. Strong results and expected growth have led some coverage to recommend buying and holding LRCX. AI-Led Semiconductor Equipment Stocks
• Positive Sentiment: Lam Research is entering panel-level packaging, a developing market driven by larger and more complex AI chips. If adoption accelerates, the initiative could create a new growth avenue beyond its core wafer-fabrication equipment business. Lam Research Enters Panel-Level Packaging
• Neutral Sentiment: Coverage highlighting five questions from Lam Research’s latest earnings call may provide investors with additional insight into demand, margins and the company’s outlook, but no specific new catalyst was disclosed.
• Neutral Sentiment: Reported short interest was listed as zero shares, unchanged from the prior period. Because the figure appears anomalous, it provides no meaningful signal about short-selling pressure.
• Negative Sentiment: Lam Research disclosed risks associated with increasing reliance on AI tools, including possible operational disruptions, intellectual-property uncertainty and legal exposure. These issues could raise costs or create execution risks if not effectively managed. AI Reliance Risks for Lam Research
• Negative Sentiment: SpaceX’s planned Terrafab could eventually challenge the memory-chip dominance of Micron, SK Hynix and Samsung. The threat is primarily to memory manufacturers, but intensified competition could indirectly affect semiconductor-equipment demand and industry spending.

Analyst Ratings Changes

A number of analysts have recently weighed in on LRCX shares. JPMorgan Chase & Co. raised their target price on Lam Research from $300.00 to $315.00 and gave the company an "overweight" rating in a research note on Thursday, April 23rd. Bank of America upped their price target on shares of Lam Research from $330.00 to $480.00 and gave the stock a "buy" rating in a research report on Tuesday, June 23rd. Jefferies Financial Group set a $335.00 price objective on shares of Lam Research and gave the stock a "buy" rating in a report on Thursday, July 30th. Wall Street Zen cut shares of Lam Research from a "buy" rating to a "hold" rating in a research report on Sunday, May 10th. Finally, HSBC reaffirmed a "hold" rating and issued a $333.00 target price on shares of Lam Research in a research note on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $358.47.

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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