Rep. Jonathan L. Jackson Sells Lam Research Corporation (NASDAQ:LRCX) Shares

Key Points

• Representative Jonathan L. Jackson sold shares of Lam Research Corporation (NASDAQ:LRCX) for an amount between $1,001 and $15,000 on September 3rd from his retirement account.
• Lam Research announced a recent quarterly dividend increase to $0.26 per share, up from $0.23, indicating a 0.7% yield with a payout ratio of 25%.
• Multiple analysts have increased their price targets for Lam Research, with estimates ranging from $110 to $162, reflecting a strong outlook for the stock, which currently has an average rating of "Moderate Buy."

Representative Jonathan L. Jackson (D-Illinois) recently sold shares of Lam Research Corporation NASDAQ: LRCX. In a filing disclosed on October 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Lam Research stock on September 3rd. The trade occurred in the Representative's "MORGAN STANLEY - ROLLOVER IRA" account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Robinhood Markets NASDAQ: HOOD on 9/5/2025.
• Purchased $1,001 - $15,000 in shares of Tenet Healthcare NYSE: THC on 9/3/2025.
• Sold $1,001 - $15,000 in shares of ARM NASDAQ: ARM on 9/2/2025.
• Purchased $15,001 - $50,000 in shares of Doximity NASDAQ: DOCS on 8/25/2025.
• Sold $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Lam Research NASDAQ: LRCX on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Fomento Economico Mexicano NYSE: FMX on 7/17/2025.
• Purchased $1,001 - $15,000 in shares of ARM NASDAQ: ARM on 7/17/2025.

Lam Research Trading Down 1.7%

Shares of NASDAQ LRCX opened at $142.37 on Friday. The company has a quick ratio of 1.55, a current ratio of 2.21 and a debt-to-equity ratio of 0.38. The stock has a market capitalization of $179.53 billion, a P/E ratio of 34.22, a PEG ratio of 1.76 and a beta of 1.84. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $153.70. The stock's 50 day moving average price is $118.26 and its two-hundred day moving average price is $96.30.

Lam Research (NASDAQ:LRCX - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.12. The business had revenue of $5.17 billion for the quarter, compared to analyst estimates of $4.99 billion. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The business's revenue was up 33.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.03 EPS. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. On average, analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th were paid a dividend of $0.26 per share. The ex-dividend date was Wednesday, September 24th. This is an increase from Lam Research's previous quarterly dividend of $0.23. This represents a $1.04 annualized dividend and a yield of 0.7%. Lam Research's payout ratio is currently 25.00%.

Analysts Set New Price Targets

Several research firms recently weighed in on LRCX. TD Cowen increased their price objective on shares of Lam Research from $125.00 to $145.00 and gave the stock a "buy" rating in a research note on Monday. Raymond James Financial increased their price target on Lam Research from $90.00 to $110.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. KeyCorp increased their price target on Lam Research from $105.00 to $115.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 15th. UBS Group increased their target price on Lam Research from $95.00 to $120.00 and gave the stock a "buy" rating in a research report on Monday, July 21st. Finally, Mizuho set a $162.00 target price on Lam Research and gave the stock an "outperform" rating in a research report on Thursday. Twenty-three analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $125.08.

Hedge Funds Weigh In On Lam Research

Large investors have recently bought and sold shares of the stock. Brighton Jones LLC increased its stake in shares of Lam Research by 1,032.4% during the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company's stock valued at $1,025,000 after acquiring an additional 12,936 shares during the period. GAMMA Investing LLC increased its stake in shares of Lam Research by 21.5% during the first quarter. GAMMA Investing LLC now owns 29,408 shares of the semiconductor company's stock valued at $2,138,000 after acquiring an additional 5,213 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in shares of Lam Research by 14.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 300,193 shares of the semiconductor company's stock valued at $21,824,000 after purchasing an additional 36,825 shares during the period. Dynamic Advisor Solutions LLC increased its position in shares of Lam Research by 8.8% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 14,308 shares of the semiconductor company's stock valued at $1,040,000 after purchasing an additional 1,161 shares during the period. Finally, Ritholtz Wealth Management acquired a new position in shares of Lam Research during the 1st quarter valued at $1,842,000. Institutional investors and hedge funds own 84.61% of the company's stock.

Insider Activity

In other news, SVP Vahid Vahedi sold 52,190 shares of Lam Research stock in a transaction on Monday, October 13th. The stock was sold at an average price of $138.90, for a total transaction of $7,249,191.00. Following the transaction, the senior vice president directly owned 251,047 shares in the company, valued at approximately $34,870,428.30. This trade represents a 17.21% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.31% of the company's stock.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois' 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois' 1st Congressional District. He declared candidacy for the 2026 election. Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson's career experience includes working as an investment analyst and an entrepreneur.

Lam Research Company Profile

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.

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