Calamos Wealth Management LLC Purchases 3,734 Shares of Lam Research Corporation $LRCX

Calamos Wealth Management LLC lifted its position in Lam Research Corporation (NASDAQ:LRCX) by 14.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 29,668 shares of the semiconductor company’s stock after buying an additional 3,734 shares during the period. Calamos Wealth Management LLC’s holdings in Lam Research were worth $3,973,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Sava Infond d.o.o. grew its stake in shares of Lam Research by 3.1% during the second quarter. Sava Infond d.o.o. now owns 75,250 shares of the semiconductor company’s stock worth $7,325,000 after acquiring an additional 2,250 shares during the last quarter. Horizon Bancorp Inc. IN purchased a new stake in Lam Research during the 2nd quarter worth approximately $389,000. Empowered Funds LLC grew its position in Lam Research by 10.5% during the 1st quarter. Empowered Funds LLC now owns 187,472 shares of the semiconductor company’s stock worth $13,629,000 after purchasing an additional 17,833 shares during the last quarter. Genus Capital Management Inc. acquired a new position in Lam Research during the 2nd quarter valued at approximately $14,476,000. Finally, Glass Wealth Management Co LLC raised its holdings in shares of Lam Research by 8.5% in the second quarter. Glass Wealth Management Co LLC now owns 28,870 shares of the semiconductor company’s stock worth $2,810,000 after buying an additional 2,270 shares during the last quarter. Hedge funds and other institutional investors own 84.61% of the company’s stock.

Insider Activity

In other Lam Research news, insider Ava Harter sold 9,010 shares of the company’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $157.47, for a total value of $1,418,804.70. Following the completion of the transaction, the insider owned 56,786 shares in the company, valued at approximately $8,942,091.42. This represents a 13.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Vahid Vahedi sold 52,190 shares of the firm’s stock in a transaction dated Monday, October 13th. The shares were sold at an average price of $138.90, for a total value of $7,249,191.00. Following the sale, the senior vice president owned 251,047 shares in the company, valued at $34,870,428.30. This trade represents a 17.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 102,608 shares of company stock worth $14,916,496. 0.31% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on LRCX shares. Mizuho boosted their price objective on shares of Lam Research from $170.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, December 17th. Morgan Stanley boosted their price target on Lam Research from $137.00 to $158.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 2nd. Barclays set a $142.00 price objective on Lam Research and gave the stock an “equal weight” rating in a research note on Monday, October 20th. The Goldman Sachs Group upped their target price on Lam Research from $115.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, October 8th. Finally, HSBC set a $127.00 price target on shares of Lam Research and gave the stock a “hold” rating in a report on Tuesday, September 30th. Twenty-six research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $161.21.

Lam Research Stock Down 1.2%

Shares of LRCX stock opened at $173.78 on Wednesday. The stock has a 50 day moving average of $159.60 and a 200 day moving average of $127.64. The company has a current ratio of 2.21, a quick ratio of 1.60 and a debt-to-equity ratio of 0.37. The stock has a market cap of $218.27 billion, a P/E ratio of 38.28, a P/E/G ratio of 2.03 and a beta of 1.77. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $179.80.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, topping the consensus estimate of $1.22 by $0.04. The business had revenue of $5.32 billion for the quarter, compared to analyst estimates of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The business’s quarterly revenue was up 27.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. As a group, sell-side analysts expect that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd will be issued a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, December 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 0.6%. Lam Research’s payout ratio is presently 22.91%.

Lam Research 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.