VestGen Advisors LLC Sells 6,958 Shares of Lam Research Corporation $LRCX

Key Points

• VestGen Advisors cut its Lam Research stake by 13.4%, selling 6,958 shares and retaining 45,011 shares valued at approximately $14.8 million. Institutional investors own 84.61% of the company.
• Lam Research reported quarterly revenue of $8.22 billion and EPS of $2.20, both ahead of estimates, with revenue rising 54.4% year over year. The company also increased its quarterly dividend to $0.33 per share.
• Analysts maintain a generally positive view, with a “Moderate Buy” consensus and an average price target of $360.23, though recent insider selling and mixed institutional positioning highlight some investor caution.

VestGen Advisors LLC reduced its holdings in shares of Lam Research Corporation (NASDAQ:LRCX - Free Report) by 13.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 45,011 shares of the semiconductor company's stock after selling 6,958 shares during the quarter. VestGen Advisors LLC's holdings in Lam Research were worth $14,786,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. World Equity Group Inc. boosted its stake in Lam Research by 0.5% in the second quarter. World Equity Group Inc. now owns 5,576 shares of the semiconductor company's stock valued at $2,416,000 after acquiring an additional 29 shares during the last quarter. Vann Equity Management LLC grew its position in shares of Lam Research by 1.1% during the 3rd quarter. Vann Equity Management LLC now owns 2,873 shares of the semiconductor company's stock valued at $944,000 after acquiring an additional 31 shares during the period. Tenzing Financial LLC increased its stake in shares of Lam Research by 3.5% during the 2nd quarter. Tenzing Financial LLC now owns 1,018 shares of the semiconductor company's stock worth $441,000 after purchasing an additional 34 shares during the last quarter. Advus Financial Partners LLC increased its stake in shares of Lam Research by 1.0% during the 2nd quarter. Advus Financial Partners LLC now owns 3,578 shares of the semiconductor company's stock worth $1,550,000 after purchasing an additional 34 shares during the last quarter. Finally, Paragon Private Wealth Management LLC increased its stake in shares of Lam Research by 1.3% during the 2nd quarter. Paragon Private Wealth Management LLC now owns 2,719 shares of the semiconductor company's stock worth $1,178,000 after purchasing an additional 35 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors.

Lam Research Trading Up 5.4%

Lam Research stock opened at $253.82 on Thursday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.86 and a current ratio of 2.48. Lam Research Corporation has a fifty-two week low of $135.50 and a fifty-two week high of $438.50. The stock has a market cap of $317.06 billion, a P/E ratio of 37.83, a PEG ratio of 0.86 and a beta of 1.85. The firm's fifty day moving average price is $296.95 and its 200-day moving average price is $283.50.

Lam Research (NASDAQ:LRCX - Get Free Report) last posted its quarterly earnings data on Wednesday, October 21st. The semiconductor company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $2.18 by $0.02. The company had revenue of $8.22 billion for the quarter, compared to analysts' expectations of $8.14 billion. Lam Research had a net margin of 32.34% and a return on equity of 72.15%. Lam Research's revenue for the quarter was up 54.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.26 earnings per share. Equities research analysts forecast that Lam Research Corporation will post 9.59 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 14th. Investors of record on Wednesday, September 23rd were given a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 0.5%. This is a boost from Lam Research's previous quarterly dividend of $0.26. The ex-dividend date was Wednesday, September 23rd. Lam Research's dividend payout ratio (DPR) is presently 19.67%.

Wall Street Analyst Weigh In

LRCX has been the subject of a number of recent research reports. Weiss Ratings downgraded Lam Research from a "buy (b)" rating to a "buy (b-)" rating in a research report on Friday, September 4th. Wall Street Zen raised Lam Research from a "hold" rating to a "buy" rating in a research report on Saturday, October 24th. Bank of America reiterated a "buy" rating and set a $345.00 price target on shares of Lam Research in a research note on Thursday, October 22nd. UBS Group reiterated a "buy" rating and set a $400.00 price target (down from $425.00) on shares of Lam Research in a research note on Thursday, October 22nd. Finally, Mizuho decreased their price objective on Lam Research from $365.00 to $360.00 and set an "outperform" rating for the company in a report on Thursday, October 22nd. Twenty-six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $360.23.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Strong earnings and outlook: Lam Research reported quarterly revenue of $8.22 billion, up sharply from the prior year and ahead of analyst expectations. Earnings per share also exceeded consensus, while management projected approximately $8.60 billion in revenue and about $2.33 in EPS for the December quarter, signaling continued demand. Lam Research Gains as Strong Earnings and a Chip-Sector Rebound Support Shares
• Positive Sentiment: Foundry momentum: Foundry revenue reached a record in fiscal first-quarter 2027, with foundry accounting for 46% of Systems revenue, up from 44% in the previous quarter. This supports the view that advanced-node manufacturing and rising chip complexity are driving equipment purchases. Lam Research Sees Record Foundry Sales
• Positive Sentiment: Industry tailwinds and valuation appeal: SK Hynix’s long-term memory shortage outlook suggests years of potential fab construction, while analysts and research services view LRCX as more attractive after its recent selloff. Several published price targets remain well above the current trading level.
• Neutral Sentiment: Institutional positioning was mixed: many funds added shares, but others reduced holdings. This indicates continued investor interest alongside ongoing uncertainty about semiconductor-cycle durability.
• Negative Sentiment: Recent volatility and insider selling: LRCX remains well below its recent high after concerns about AI spending and valuation triggered a sharp pullback. Reported insider activity over the past six months consisted entirely of sales, which may reinforce near-term caution.

Insider Buying and Selling at Lam Research

In related news, Director Bethany Mayer sold 9,557 shares of the stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total value of $3,007,970.18. Following the transaction, the director owned 20,995 shares of the company's stock, valued at $6,607,966.30. This represents a 31.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Ava Harter sold 5,000 shares of the firm's stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $302.46, for a total value of $1,512,300.00. Following the sale, the insider owned 42,462 shares in the company, valued at $12,843,056.52. The trade was a 10.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.31% of the stock is currently owned by insiders.

Lam Research Profile

Lam Research Corporation NASDAQ: LRCX is a semiconductor equipment company that develops and manufactures systems used to fabricate integrated circuits. Its technologies support key stages of wafer processing, helping semiconductor manufacturers create the increasingly complex structures found in memory, logic and other types of chips.

The company's product portfolio includes etch systems, which selectively remove materials from wafers; deposition systems, which apply thin films; and cleaning solutions used to remove contaminants and residue during manufacturing.

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