Lam Research (NASDAQ:LRCX) Shares Down 3.7% After Insider Selling

Lam Research Corporation (NASDAQ:LRCX) fell 3.7% on Thursday following insider selling activity. The stock traded as low as $208.13 and last traded at $214.68. 10,208,847 shares changed hands during trading, a decline of 17% from the average session volume of 12,233,426 shares. The stock had previously closed at $222.99.

Specifically, insider Ava Harter sold 1,500 shares of Lam Research stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $222.66, for a total value of $333,990.00. Following the transaction, the insider owned 53,205 shares in the company, valued at $11,846,625.30. This trade represents a 2.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Douglas R. Bettinger sold 50,057 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total transaction of $11,214,269.71. Following the sale, the chief financial officer owned 1,081,705 shares of the company’s stock, valued at $242,334,371.15. This trade represents a 4.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In other news, insider Ava Harter sold 4,000 shares of Lam Research stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $232.50, for a total value of $930,000.00. Following the transaction, the insider directly owned 54,705 shares in the company, valued at approximately $12,718,912.50. The trade was a 6.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Analyst Ratings Changes

LRCX has been the subject of several recent analyst reports. Argus increased their target price on Lam Research from $175.00 to $280.00 in a research note on Tuesday, February 3rd. Evercore set a $275.00 price target on Lam Research in a report on Thursday, January 29th. UBS Group set a $300.00 price objective on Lam Research in a research report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Lam Research from $260.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Finally, Wall Street Zen cut shares of Lam Research from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. One investment 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’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $245.19.

Lam Research News Roundup

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

• Positive Sentiment: Company fundamentals remain strong — Lam beat January quarter revenue and EPS and issued solid near‑term guidance, supporting the recovery narrative for equipment demand. MarketBeat LRCX summary
• Positive Sentiment: Wall Street price‑target consensus implies ~25% upside, reflecting positive earnings‑estimate revisions and continued buy‑side optimism — this can attract longer‑term buyers despite intraday weakness. Analyst upside article
• Positive Sentiment: Technicals show a bullish short‑term setup: LRCX recently cleared its 50‑day moving average and hit an intraday trading signal/high, which can support bounce attempts and short covering. 50-day moving average article Intraday signal
• Neutral Sentiment: Strategic expansion: a new Boise office to deepen collaboration with Micron highlights operational ties to memory/AI demand but is a longer‑term positive rather than an immediate catalyst. Boise expansion
• Neutral Sentiment: Management presented at industry conferences; no material new guidance was disclosed — useful for color but unlikely to move shares alone. Conference presentation
• Negative Sentiment: Geopolitical and energy‑cost fears are driving a sector selloff: analysts and traders worry higher LNG/energy prices and geopolitical risk could raise South Korean fab costs, pressuring customers’ capex economics and reducing equipment demand. Fab cost concerns article
• Negative Sentiment: Supply‑chain disruption concerns tied to the Middle East conflict have triggered near‑term selling in semiconductor equipment names, including Lam. Supply chain concerns
• Negative Sentiment: Notable insider selling (CFO and other insiders sold shares in early March) has amplified short‑term pressure and investor caution, contributing to the intra‑week decline. Insider selling report
• Negative Sentiment: The stock recently underperformed peers in short‑window comparisons, which can trigger momentum and algorithmic selling during weak market breadth. Underperformance note

Lam Research Price Performance

The stock has a market cap of $268.09 billion, a price-to-earnings ratio of 43.99, a P/E/G ratio of 2.40 and a beta of 1.77. 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 stock’s 50 day simple moving average is $220.52 and its two-hundred day simple moving average is $168.05.

Lam Research (NASDAQ:LRCX) last released 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 company had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same period last year, the firm earned $0.91 EPS. The firm’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. On average, analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

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

Hedge Funds Weigh In On Lam Research

Hedge funds have recently modified their holdings of the stock. Lingohr Asset Management GmbH lifted its position in shares of Lam Research by 590.7% during the third quarter. Lingohr Asset Management GmbH now owns 59,555 shares of the semiconductor company’s stock worth $7,974,000 after acquiring an additional 50,933 shares in the last quarter. Mediolanum International Funds Ltd grew its position in shares of Lam Research by 52.0% in the third quarter. Mediolanum International Funds Ltd now owns 262,544 shares of the semiconductor company’s stock valued at $34,417,000 after purchasing an additional 89,856 shares in the last quarter. First Citizens Bank & Trust Co. raised its stake in shares of Lam Research by 8.0% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 140,433 shares of the semiconductor company’s stock valued at $18,804,000 after purchasing an additional 10,408 shares during the period. Thoroughbred Financial Services LLC raised its stake in shares of Lam Research by 115.2% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 22,198 shares of the semiconductor company’s stock valued at $2,972,000 after purchasing an additional 11,883 shares during the period. Finally, Oregon Public Employees Retirement Fund lifted its holdings in Lam Research by 30.9% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 144,656 shares of the semiconductor company’s stock worth $19,369,000 after purchasing an additional 34,147 shares in the last quarter. 84.61% of the stock is owned by institutional investors and hedge funds.

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.