Douglas Bettinger Sells 40,329 Shares of Lam Research (NASDAQ:LRCX) Stock

Lam Research Corporation (NASDAQ:LRCX) CFO Douglas Bettinger sold 40,329 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $230.22, for a total transaction of $9,284,542.38. Following the sale, the chief financial officer directly owned 1,054,012 shares of the company’s stock, valued at $242,654,642.64. This represents a 3.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Lam Research Stock Up 2.6%

Shares of NASDAQ:LRCX opened at $222.99 on Thursday. The stock has a 50-day simple moving average of $219.78 and a 200-day simple moving average of $167.73. The stock has a market capitalization of $278.46 billion, a P/E ratio of 45.69, a PEG ratio of 2.34 and a beta of 1.77. Lam Research Corporation has a 1 year low of $56.32 and a 1 year high of $256.68. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26.

Lam Research (NASDAQ:LRCX) last announced 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 firm had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. Lam Research had a return on equity of 62.81% and a net margin of 30.22%.The firm’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. Equities analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Dividend Announcement

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

Lam Research News Summary

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

• Positive Sentiment: Lam’s recent financials and guidance support the recovery narrative: the company beat EPS and revenue estimates and issued upbeat quarterly guidance, giving investors confidence in demand cadence. Read More.
• Positive Sentiment: Operational news: Lam opened a Boise office to deepen R&D and manufacturing collaboration with Micron, reinforcing its role in memory and AI-related tool demand — a tangible growth catalyst if Micron’s capex continues. Read More.
• Neutral Sentiment: Analyst/ratings flow is constructive (Zacks add to Strong Buy list and multiple firms lifting targets), which supports longer-term interest but doesn’t guarantee short-term moves. Read More.
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference — useful color on demand/timing but no new guidance that would immediately change the outlook. Read More.
• Negative Sentiment: Sector-triggered selling: memory and storage stocks plunged after overseas market moves and renewed energy-price concerns tied to geopolitical developments; that hit Lam intraday given its exposure to memory customers, creating volatility and downward pressure. Read More.
• Negative Sentiment: Insider selling: recent large sales by senior insiders (including the CFO’s multi‑million dollar Form 4) can prompt short-term investor concern and weigh on sentiment even though insiders retain substantial stakes. Read More.

Institutional Investors Weigh In On Lam Research

Institutional investors have recently bought and sold shares of the stock. PMV Capital Advisers LLC acquired a new stake in shares of Lam Research in the fourth quarter valued at $25,000. Mcguire Capital Advisors Inc. acquired a new stake in Lam Research in the 4th quarter valued at about $27,000. Core Wealth Advisors LLC acquired a new stake in Lam Research in the 4th quarter valued at about $29,000. University of Illinois Foundation bought a new position in shares of Lam Research during the 4th quarter valued at about $30,000. Finally, Sankala Group LLC acquired a new position in shares of Lam Research in the 4th quarter worth approximately $31,000. Institutional investors and hedge funds own 84.61% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Susquehanna set a $325.00 target price on Lam Research and gave the stock a “positive” rating in a report on Thursday, January 29th. Barclays set a $250.00 price objective on Lam Research in a research note on Thursday, January 29th. Wells Fargo & Company boosted their target price on shares of Lam Research from $250.00 to $290.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Wall Street Zen cut shares of Lam Research from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Finally, The Goldman Sachs Group set a $262.00 price target on shares of Lam Research and gave the stock a “buy” rating in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $245.19.

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.