Fusion Capital LLC Sells 3,959 Shares of Lam Research Corporation $LRCX

Fusion Capital LLC trimmed its stake in Lam Research Corporation (NASDAQ:LRCX) by 3.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 96,602 shares of the semiconductor company’s stock after selling 3,959 shares during the period. Lam Research accounts for about 3.8% of Fusion Capital LLC’s investment portfolio, making the stock its 6th largest position. Fusion Capital LLC’s holdings in Lam Research were worth $12,935,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Gilliland Jeter Wealth Management LLC grew its position in shares of Lam Research by 0.3% in 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 during the last quarter. Gold Investment Management Ltd. grew its holdings 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 valued at $1,973,000 after buying an additional 70 shares during the last quarter. Hemington Wealth Management increased its position in Lam Research by 4.3% in the 3rd quarter. Hemington Wealth Management now owns 1,731 shares of the semiconductor company’s stock worth $231,000 after buying an additional 72 shares during the period. Magnus Financial Group LLC increased its position in Lam Research by 0.3% in 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 during the period. Finally, Natural Investments LLC lifted its holdings in shares of Lam Research by 2.4% during the third quarter. Natural Investments LLC now owns 3,408 shares of the semiconductor company’s stock worth $456,000 after buying an additional 79 shares during the last quarter. Institutional investors own 84.61% of the company’s stock.

Key Stories Impacting Lam Research

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

• Positive Sentiment: Multiple analyst price-target raises and buy reiterations have lifted sentiment and helped push the shares higher—Argus raised its target to $280 and other firms (e.g., B. Riley) have issued higher targets and buy ratings. Argus price-target raise B. Riley raises PT to $310
• Positive Sentiment: Investors are reacting to corporate governance and talent moves: Lam announced leadership role elevations aimed at accelerating AI-era execution and added Cadence CEO Dr. Anirudh Devgan to the board — both signals of management strengthening and strategic focus. Leadership transitions Board appointment
• Positive Sentiment: Strategic R&D collaboration expansion (Lam & CEA-Leti) and other partnership news support the company’s technology roadmap for next-generation nodes and packaging — a positive for long-term equipment demand. Lam Research, CEA-Leti expand collaboration
• Neutral Sentiment: Broker and media coverage highlights Lam’s earnings and price momentum (Zacks coverage argues growth attributes and momentum make LRCX attractive), which can sustain interest but also draws attention to expectations. Zacks: 3 reasons growth investors shouldn’t overlook Lam Zacks: earnings & price momentum
• Neutral Sentiment: Sector-level volatility is a factor: commentary about KLA’s post-earnings swing and differing WFE market definitions has created short-term noise across wafer fab-equipment names (including Lam), which can amplify intraday moves independent of Lam-specific fundamentals. KLA sector commentary
• Neutral Sentiment: Some coverage notes Lam underperformed peers on a recent day despite gains, a reminder that relative performance and rotation within the sector can mute upside even amid bullish analyst revisions. MarketWatch: underperformance vs peers

Lam Research Stock Performance

Lam Research stock opened at $209.78 on Thursday. The firm has a market capitalization of $261.97 billion, a P/E ratio of 42.99, a P/E/G ratio of 2.49 and a beta of 1.78. The stock has a fifty day moving average price of $191.69 and a two-hundred day moving average price of $148.96. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $251.87. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.61.

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

Analyst Ratings Changes

LRCX has been the topic of a number of research reports. UBS Group set a $300.00 target price on shares of Lam Research in a research report on Thursday, January 29th. Jefferies Financial Group restated a “buy” rating and set a $200.00 price objective (up previously from $175.00) on shares of Lam Research in a report on Monday, December 15th. Argus increased their target price on shares of Lam Research from $175.00 to $280.00 in a research note on Tuesday. 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 research report on Tuesday, January 13th. Finally, Morgan Stanley upped their price target on Lam Research from $211.00 to $244.00 and gave the company an “equal weight” rating in a report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $243.32.

Insider Activity

In other news, CFO Douglas R. Bettinger sold 40,080 shares of Lam Research stock in a transaction that occurred on Friday, November 14th. The shares were 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 in the company, valued at approximately $148,677,892.20. The trade was a 3.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.31% of the company’s stock.

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.