Lam Research (NASDAQ:LRCX) Director Eric Brandt Sells 35,000 Shares

Lam Research Corporation (NASDAQ:LRCX) Director Eric Brandt sold 35,000 shares of the stock in a transaction on 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 sale, the director directly owned 253,705 shares in the company, valued at approximately $57,235,848. This trade represents a 12.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Lam Research Trading Down 0.7%

LRCX opened at $229.28 on Tuesday. The stock has a market capitalization of $286.32 billion, a price-to-earnings ratio of 46.98, a P/E/G ratio of 2.49 and a beta of 1.78. The company has a quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 0.37. Lam Research Corporation has a twelve month low of $56.32 and a twelve month high of $251.87. The company has a 50-day simple moving average of $195.87 and a 200 day simple moving average of $151.97.

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

Lam Research Announces Dividend

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

Hedge Funds Weigh In On Lam Research

Several institutional investors and hedge funds have recently added to or reduced their stakes in LRCX. PMV Capital Advisers LLC bought a new stake in shares of Lam Research in the 4th quarter valued at $25,000. IMG Wealth Management Inc. acquired a new position in Lam Research in the second quarter valued at $26,000. Stance Capital LLC bought a new stake in Lam Research during the third quarter valued at $26,000. Howard Hughes Medical Institute acquired a new stake in Lam Research during the 2nd quarter worth about $27,000. Finally, Triumph Capital Management acquired a new stake in Lam Research during the 3rd quarter worth about $27,000. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Lam Research

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.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on LRCX. Bank of America upped their price objective on Lam Research from $195.00 to $245.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Citigroup increased their target price on shares of Lam Research from $265.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. The Goldman Sachs Group set a $262.00 price target on shares of Lam Research and gave the company a “buy” rating in a report on Thursday, January 29th. Rothschild & Co Redburn upped their price objective on shares of Lam Research from $225.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Oppenheimer restated an “outperform” rating and issued a $265.00 target price on shares of Lam Research in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $244.88.

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.