Penserra Capital Management LLC Has $47.33 Million Stock Holdings in Lam Research Corporation $LRCX

Penserra Capital Management LLC grew its stake in shares of Lam Research Corporation (NASDAQ:LRCX) by 40.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 353,460 shares of the semiconductor company’s stock after purchasing an additional 102,497 shares during the period. Penserra Capital Management LLC’s holdings in Lam Research were worth $47,325,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Gilliland Jeter Wealth Management LLC lifted its position in shares of Lam Research by 0.3% during the third quarter. Gilliland Jeter Wealth Management LLC now owns 26,501 shares of the semiconductor company’s stock valued at $3,548,000 after purchasing an additional 69 shares in the last quarter. Gold Investment Management Ltd. grew its position in Lam Research by 0.5% in the 3rd quarter. Gold Investment Management Ltd. now owns 14,736 shares of the semiconductor company’s stock worth $1,973,000 after purchasing an additional 70 shares in the last quarter. Hemington Wealth Management increased its stake in Lam Research by 4.3% in the 3rd quarter. Hemington Wealth Management now owns 1,731 shares of the semiconductor company’s stock valued at $231,000 after buying an additional 72 shares during the last quarter. Magnus Financial Group LLC lifted its position in shares of Lam Research by 0.3% during the 3rd quarter. Magnus Financial Group LLC now owns 22,838 shares of the semiconductor company’s stock worth $3,058,000 after buying an additional 76 shares in the last quarter. Finally, Natural Investments LLC lifted its position in shares of Lam Research by 2.4% during the 3rd quarter. Natural Investments LLC now owns 3,408 shares of the semiconductor company’s stock worth $456,000 after buying an additional 79 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

Lam Research News Roundup

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

Analysts Set New Price Targets

A number of analysts recently commented on the company. B. Riley reaffirmed a “buy” rating on shares of Lam Research in a research report on Thursday, January 15th. Susquehanna set a $325.00 price objective on Lam Research and gave the company a “positive” rating in a research note on Thursday, January 29th. JPMorgan Chase & Co. lifted their target price on Lam Research from $165.00 to $300.00 and gave the stock an “overweight” rating in a research note on Thursday, January 29th. Barclays set a $250.00 price target on shares of Lam Research in a report on Thursday, January 29th. Finally, Argus raised their price objective on shares of Lam Research from $175.00 to $280.00 in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $243.32.

Lam Research Price Performance

NASDAQ LRCX opened at $230.10 on Wednesday. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. The company has a market cap of $287.34 billion, a PE ratio of 47.15, a price-to-earnings-growth ratio of 2.59 and a beta of 1.78. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $251.87. The firm’s 50-day simple moving average is $190.60 and its two-hundred day simple moving average is $148.53.

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

Insider Activity

In other Lam Research news, CFO Douglas R. Bettinger sold 40,080 shares of the stock in a transaction on 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 sale, the chief financial officer owned 987,237 shares in the company, valued at $148,677,892.20. This represents a 3.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.31% of the stock is currently owned by corporate insiders.

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.