Lam Research Corporation $LRCX Shares Sold by CIBC Asset Management Inc

CIBC Asset Management Inc reduced its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 0.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 394,526 shares of the semiconductor company’s stock after selling 2,800 shares during the quarter. CIBC Asset Management Inc’s holdings in Lam Research were worth $52,827,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Capital Investment Counsel Inc purchased a new stake in shares of Lam Research in the 3rd quarter valued at about $2,243,000. TFR Capital LLC. increased its position in Lam Research by 286.4% during the third quarter. TFR Capital LLC. now owns 8,068 shares of the semiconductor company’s stock worth $1,080,000 after buying an additional 5,980 shares during the period. Sagespring Wealth Partners LLC lifted its stake in Lam Research by 2.9% in the third quarter. Sagespring Wealth Partners LLC now owns 12,923 shares of the semiconductor company’s stock valued at $1,730,000 after buying an additional 365 shares during the last quarter. Stoneridge Investment Partners LLC acquired a new stake in shares of Lam Research in the third quarter valued at approximately $547,000. Finally, GDS Wealth Management grew its position in shares of Lam Research by 7.2% during the third quarter. GDS Wealth Management now owns 118,110 shares of the semiconductor company’s stock worth $15,815,000 after acquiring an additional 7,895 shares during the last quarter. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Transactions at Lam Research

In other Lam Research news, Director Bethany Mayer sold 1,298 shares of Lam Research stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $159.99, for a total transaction of $207,667.02. Following the sale, the director directly owned 1,652 shares of the company’s stock, valued at approximately $264,303.48. The trade was a 44.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Ava Harter sold 9,010 shares of the firm’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $157.47, for a total transaction of $1,418,804.70. Following the sale, the insider directly owned 56,786 shares of the company’s stock, valued at approximately $8,942,091.42. The trade was a 13.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 50,418 shares of company stock valued at $7,667,305 over the last quarter. Company insiders own 0.31% of the company’s stock.

Lam Research Trading Down 1.3%

Lam Research stock opened at $217.94 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.60. The firm has a 50 day simple moving average of $178.08 and a 200-day simple moving average of $141.58. Lam Research Corporation has a 12-month low of $56.32 and a 12-month high of $236.10. The stock has a market capitalization of $273.74 billion, a PE ratio of 48.00, a price-to-earnings-growth ratio of 2.49 and a beta of 1.77.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings data on Wednesday, October 22nd. The semiconductor company reported $1.26 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.04. The company had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.23 billion. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The company’s quarterly revenue was up 27.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.86 EPS. As a group, equities research analysts expect that Lam Research Corporation will post 3.71 EPS for the current fiscal year.

Lam Research Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 7th. Shareholders of record on Wednesday, December 3rd were issued a $0.26 dividend. This represents a $1.04 annualized dividend 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%.

Analyst Ratings Changes

Several analysts recently commented on the stock. Wall Street Zen downgraded shares of Lam Research from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Needham & Company LLC reaffirmed a “buy” rating and issued a $250.00 target price (up from $160.00) on shares of Lam Research in a report on Tuesday. HSBC lifted their target price on Lam Research from $127.00 to $181.00 and gave the company a “hold” rating in a research note on Friday, January 9th. Zacks Research raised shares of Lam Research from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 20th. Finally, Mizuho set a $220.00 price target on shares of Lam Research and gave the stock an “outperform” rating in a research note on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $200.52.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Zacks upgraded LRCX to a Zacks Rank #1 (Strong Buy), a move that typically attracts momentum flows and retail/institutional attention; the upgrade is being cited as a catalyst for optimism about near-term earnings and price momentum. Lam Research (LRCX) Upgraded to Strong Buy: Here’s What You Should Know
• Positive Sentiment: Analyst commentary (Zacks) and coverage notes point to strong AI-chip demand and rising DRAM spending that should help LRCX beat Q2 estimates, supporting upside expectations for revenue and margins. LRCX Likely to Beat Q2 Earnings Estimates: Should You Buy the Stock?
• Positive Sentiment: Media coverage highlights AI-driven momentum (a recent piece notes the stock jumped on AI buzz and tariff news), which can attract short-term buyers and program trades. Why Lam Research (LRCX) Is Up 5.0% After AI Buzz And Tariff Jitters Hit Spotlight
• Neutral Sentiment: New Street raised its price target to $195 (from $140) but kept a “neutral” rating — the higher target signals improving fundamental views, but the maintained neutral limits the endorsement strength for further rallies. New Street Adjusts Lam Research Price Target to $195 From $140; Maintains Neutral Rating
• Neutral Sentiment: High-profile mentions (e.g., Jim Cramer calling LRCX “the best of the best” while warning about buying parabolic moves) can boost credibility but also encourage caution among momentum-sensitive traders. Jim Cramer calls Lam Research the “best of the best” but warns against buying parabolic moves
• Negative Sentiment: Unusually large put-option volume: traders bought ~87,781 puts (about +129% vs. average), a sharp rise in bearish/options-hedging activity that can signal investor risk-off, price protection flows, or speculative bearish bets — all of which can add downward pressure or volatility.
• Negative Sentiment: Relative weakness vs. peers: coverage notes that LRCX underperformed competitors on Thursday, a datapoint traders watch for leadership shifts within the semiconductor equipment group and to gauge rotation risk. Lam Research Corp. stock underperforms Thursday when compared to competitors

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.