Conning Inc. Sells 12,335 Shares of Lam Research Corporation $LRCX

Conning Inc. lessened its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 21.0% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 46,275 shares of the semiconductor company’s stock after selling 12,335 shares during the quarter. Conning Inc.’s holdings in Lam Research were worth $6,196,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of LRCX. 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 worth $1,025,000 after purchasing an additional 12,936 shares during the period. Caxton Associates LLP acquired a new position in Lam Research in the 1st quarter valued at $239,000. NBC Securities Inc. grew its holdings in Lam Research by 47.1% in the 2nd quarter. NBC Securities Inc. now owns 8,554 shares of the semiconductor company’s stock valued at $832,000 after buying an additional 2,740 shares in the last quarter. Beacon Financial Group increased its position in Lam Research by 6.5% during the 2nd quarter. Beacon Financial Group now owns 5,289 shares of the semiconductor company’s stock worth $515,000 after buying an additional 323 shares during the period. Finally, Key Client Fiduciary Advisors LLC acquired a new stake in shares of Lam Research during the second quarter worth $234,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Buying and Selling

In other Lam Research news, CFO Douglas R. Bettinger sold 40,080 shares of the company’s stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $150.60, for a total value of $6,036,048.00. Following the completion of the transaction, the chief financial officer owned 987,237 shares of the company’s stock, valued at $148,677,892.20. This represents a 3.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Bethany Mayer sold 1,298 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $159.99, for a total value of $207,667.02. Following the completion of the sale, the director owned 1,652 shares of the company’s stock, valued at $264,303.48. The trade was a 44.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 50,418 shares of company stock worth $7,667,305 in the last three months. 0.31% of the stock is owned by corporate insiders.

Lam Research Stock Down 2.6%

NASDAQ LRCX opened at $208.79 on Thursday. The business has a fifty day moving average price of $169.22 and a two-hundred day moving average price of $135.54. The stock has a market capitalization of $262.25 billion, a PE ratio of 45.99, a PEG ratio of 2.47 and a beta of 1.77. Lam Research Corporation has a fifty-two week low of $56.32 and a fifty-two week high of $222.58. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.60.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, topping analysts’ consensus estimates of $1.22 by $0.04. The company had revenue of $5.32 billion during the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.Lam Research’s revenue was up 27.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.86 EPS. Lam Research has set its Q2 2026 guidance at 1.050-1.250 EPS. Equities analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd were paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Wednesday, December 3rd. Lam Research’s dividend payout ratio (DPR) is presently 22.91%.

Wall Street Analyst Weigh In

A number of research firms recently commented on LRCX. Royal Bank Of Canada set a $260.00 price target on shares of Lam Research in a research report on Wednesday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Lam Research in a report on Monday, December 29th. JPMorgan Chase & Co. boosted their price target on Lam Research from $113.00 to $165.00 and gave the company an “overweight” rating in a research note on Thursday, October 23rd. Wells Fargo & Company increased their price target on Lam Research from $135.00 to $145.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 23rd. Finally, Needham & Company LLC lifted their price objective on Lam Research from $150.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. Twenty-seven investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $178.59.

Trending Headlines about Lam Research

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

• Positive Sentiment: Stifel raised its price target sharply to $250 and reiterated a Buy rating, which supports upside expectations for LRCX. Read More.
• Positive Sentiment: Bank of America also raised its target to $245 and kept a Buy, adding institutional conviction behind the rally. Read More.
• Positive Sentiment: Industry spending outlook is improving — WFE spending is forecast to grow up to ~15% in 2026, a tailwind for equipment suppliers like Lam. Read More.
• Positive Sentiment: Technical/inflow strength: recent bullish inflows and outlier buying have powered a strong year-to-date run, supporting momentum. Read More.
• Neutral Sentiment: Lam recently hit a 52-week high and analysts discuss whether fundamentals justify further upside — useful context but not a catalyst by itself. Read More.
• Neutral Sentiment: Several analyst and media deep-dives (Forbes, Q3 rundowns) outline scenarios that could keep the rally going, offering trade ideas rather than immediate drivers. Read More.
• Negative Sentiment: China exposure risk: Lam expects China revenue to fall below 30% in 2026 as export curbs bite — a meaningful shift that could pressure near-term growth and margins. Read More.
• Negative Sentiment: Short-term pullbacks: coverage noting LRCX dipping more than the broader market indicates profit-taking and volatility after the rapid run. Read More.
• Negative Sentiment: Calls to expand capacity (e.g., “put up plants”) highlight potential large capex and execution risk if demand forecasts shift. Read More.

About Lam Research

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.