Lam Research Corporation $LRCX Shares Sold by Katamaran Capital LLP

Katamaran Capital LLP lowered its holdings in shares of Lam Research Corporation (NASDAQ:LRCX) by 41.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,806 shares of the semiconductor company’s stock after selling 20,665 shares during the period. Lam Research makes up 3.5% of Katamaran Capital LLP’s holdings, making the stock its 14th largest position. Katamaran Capital LLP’s holdings in Lam Research were worth $3,857,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Brighton Jones LLC raised its position in shares of Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after buying an additional 12,936 shares in the last quarter. Caxton Associates LLP bought a new stake in Lam Research during the first quarter worth approximately $239,000. Ignite Planners LLC lifted its position in Lam Research by 32.8% in the second quarter. Ignite Planners LLC now owns 5,169 shares of the semiconductor company’s stock worth $520,000 after purchasing an additional 1,277 shares during the period. Apollon Wealth Management LLC boosted its stake in Lam Research by 8.1% during the 2nd quarter. Apollon Wealth Management LLC now owns 33,196 shares of the semiconductor company’s stock valued at $3,231,000 after purchasing an additional 2,478 shares in the last quarter. Finally, Concurrent Investment Advisors LLC increased its position in shares of Lam Research by 2.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 16,090 shares of the semiconductor company’s stock valued at $1,566,000 after purchasing an additional 361 shares during the period. Institutional investors own 84.61% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on LRCX. Citic Securities upped their price objective on Lam Research from $165.00 to $275.00 and gave the company a “buy” rating in a report on Friday, January 30th. HSBC boosted their price target on shares of Lam Research from $181.00 to $221.00 and gave the stock a “hold” rating in a research report on Friday, January 30th. Needham & Company LLC upped their price target on shares of Lam Research from $250.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Oppenheimer restated an “outperform” rating and set a $265.00 target price on shares of Lam Research in a report on Thursday, January 29th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $320.00 price target (up previously from $265.00) on shares of Lam Research in a report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Lam Research presently has an average rating of “Moderate Buy” and an average target price of $244.88.

Lam Research Stock Performance

Lam Research stock opened at $229.28 on Tuesday. Lam Research Corporation has a fifty-two week low of $56.32 and a fifty-two week high of $251.87. The firm’s 50 day simple moving average is $195.87 and its 200-day simple moving average is $151.97. 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 company has a market cap of $286.32 billion, a P/E ratio of 46.98, a price-to-earnings-growth ratio of 2.49 and a beta of 1.78.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, January 28th. The semiconductor company reported $1.27 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 firm had revenue of $5.34 billion during the quarter, compared to analyst estimates of $5.23 billion. During the same quarter last year, the business posted $0.91 EPS. The company’s revenue 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, equities research analysts predict that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th will be issued a dividend of $0.26 per share. The ex-dividend date is Wednesday, March 4th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.5%. Lam Research’s payout ratio is currently 21.31%.

Lam Research News Roundup

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

• Positive Sentiment: Sanford C. Bernstein raised its price target to $285 and kept an “outperform” rating, signaling continued analyst confidence in LRCX’s growth runway. Bernstein Adjusts Price Target on Lam Research
• Positive Sentiment: Another outlet raised Lam’s price target to $265, reinforcing upward analyst revisions that can support valuation. Price Target Raised to $265
• Positive Sentiment: Lam announced a dividend that drove an earlier ~8% stock pop, showing management willingness to return capital and boosting near‑term investor sentiment. Dividend Announcement Lifted Stock
• Positive Sentiment: Industry commentary (Zacks, The Motley Fool) highlights strong secular demand for AI, ML and memory chips — a tailwind for Lam’s wafer‑fabrication equipment business and revenue visibility. 3 Stocks to Buy From the Prospering Semiconductor Industry This Growth Stock Continues to Crush the Market
• Neutral Sentiment: Technically, LRCX crossed above its 20‑day moving average, a short‑term bullish signal that may attract momentum traders. 20-Day Moving Average Crossover
• Negative Sentiment: A leadership shift and a strategic alliance with CEA‑Leti prompted an analysis questioning whether some of Lam’s recent multiple expansion is justified, raising short‑term valuation concerns. Leadership Shift And CEA Leti Alliance Spark Valuation Questions
• Negative Sentiment: Director Eric Brandt sold 35,000 shares (~$7.9M) last week, materially reducing his stake; insider sales can spook investors even if not unusual. Director Eric Brandt Form 4
• Negative Sentiment: Unusual options flow: ~85,762 put contracts were bought (≈+112% vs. average), indicating elevated downside hedging or bearish positioning by some traders.

Insider Buying and Selling at Lam Research

In related news, CFO Douglas R. Bettinger sold 40,080 shares of the company’s 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 transaction, the chief financial officer directly owned 987,237 shares of the company’s stock, 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Eric Brandt sold 35,000 shares of the stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $225.60, for a total value of $7,896,000.00. Following the completion of the sale, the director directly owned 253,705 shares of the company’s stock, valued at approximately $57,235,848. This represents a 12.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.31% of the stock is currently owned by insiders.

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.