Ashton Thomas Private Wealth LLC Boosts Stock Position in Lam Research Corporation $LRCX

Ashton Thomas Private Wealth LLC raised its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 13.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 85,557 shares of the semiconductor company’s stock after buying an additional 10,043 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in Lam Research were worth $11,478,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in LRCX. IMG Wealth Management Inc. purchased a new position in shares of Lam Research in the 2nd quarter worth about $26,000. Howard Hughes Medical Institute bought a new stake in Lam Research during the 2nd quarter valued at about $27,000. Strategic Wealth Investment Group LLC bought a new stake in Lam Research during the 2nd quarter valued at about $29,000. Delos Wealth Advisors LLC purchased a new position in Lam Research in the second quarter worth about $30,000. Finally, REAP Financial Group LLC bought a new position in shares of Lam Research in the second quarter worth approximately $31,000. 84.61% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on LRCX shares. Zacks Research raised shares of Lam Research from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 20th. Rothschild & Co Redburn lifted their target price on Lam Research from $150.00 to $225.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Needham & Company LLC boosted their price target on Lam Research from $250.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Deutsche Bank Aktiengesellschaft increased their price objective on Lam Research from $260.00 to $290.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Finally, Argus boosted their target price on Lam Research from $175.00 to $280.00 in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $243.32.

Insider Buying and Selling at Lam Research

In other news, CFO Douglas R. Bettinger sold 40,080 shares of Lam Research stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the transaction, the chief financial officer directly owned 987,237 shares of the company’s stock, valued at $148,677,892.20. The trade was a 3.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.31% of the stock is currently owned by insiders.

More Lam Research News

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

• Positive Sentiment: Company leadership changes intended to accelerate AI‑era execution — Lam promoted two senior leaders to increase velocity as it leans into AI-driven demand, a governance move investors typically view as supportive for execution and strategy. Lam Research Announces Leadership Transitions to Increase Company Velocity for the AI era
• Positive Sentiment: Cadence CEO Anirudh Devgan added to the board — brings software/EDA and customer insight, which strengthens board expertise as Lam targets AI and advanced-node investments. Lam Research Appoints Cadence CEO Anirudh Devgan to Board of Directors
• Positive Sentiment: Expanded R&D partnership with CEA‑Leti to accelerate specialty technologies and AI‑focused chip work — supports Lam’s longer‑term TAM expansion into MEMS, photonics, sensors and other specialty devices that benefit from advanced deposition/etch equipment. Lam Research and CEA-Leti Expand Research and Development Collaboration to Advance Fabrication of Specialty Technologies
• Positive Sentiment: Analyst price‑target lifts are supporting the bull case — Argus raised its target to $280 and B. Riley raised/ reiterated a higher target (to $310), signaling strong analyst confidence that could underpin shares over time. Argus Research Adjusts Lam Research Price Target to $280 B. Riley Lifts PT on Lam Research to $310
• Neutral Sentiment: Analytical pieces on international revenue trends and Wall Street sentiment — useful context for modeling growth and geographic exposure but not immediate catalysts. Don’t Overlook Lam Research (LRCX) International Revenue Trends While Assessing the Stock
• Neutral Sentiment: Long‑term performance retrospectives and modest PT moves — articles highlighting 15‑year returns and a smaller PT raise to $235 provide background for buy‑and‑hold investors but are not near‑term drivers. $100 Invested In Lam Research 15 Years Ago Would Be Worth This Much Today Lam Research Price Target Raised to $235
• Negative Sentiment: Sector/peer commentary (KLA) has introduced confusion and volatility — differing WFE-market definitions and headline interpretations after KLA’s earnings prompted selling in the equipment group, which can drag on Lam even if Lam’s own outlook is strong. KLA Sank After Earnings—Then Analysts Started Raising Targets
• Negative Sentiment: Relative performance concerns — headlines noting Lam underperformed some peers recently can trigger short‑term profit‑taking and pressure the stock while investors reconcile earnings/guidance with peer messaging. Lam Research Corp. stock underperforms Monday when compared to competitors despite daily gains

Lam Research Trading Down 3.1%

Shares of Lam Research stock opened at $230.10 on Wednesday. Lam Research Corporation has a 1-year low of $56.32 and a 1-year high of $251.87. The company’s fifty day simple moving average is $190.60 and its 200-day simple moving average is $148.53. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.61. The stock has a market capitalization of $287.34 billion, a PE ratio of 47.15, a P/E/G ratio of 2.59 and a beta of 1.78.

Lam Research (NASDAQ:LRCX) last announced its earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. The company had revenue of $5.34 billion for the quarter, compared to analysts’ expectations of $5.23 billion. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.Lam Research’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same period last year, the firm earned $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, equities analysts anticipate that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Company 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.