Maridea Wealth Management LLC Cuts Stock Holdings in Lam Research Corporation $LRCX

Maridea Wealth Management LLC reduced its stake in Lam Research Corporation (NASDAQ:LRCX) by 36.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,259 shares of the semiconductor company’s stock after selling 2,398 shares during the period. Maridea Wealth Management LLC’s holdings in Lam Research were worth $729,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GSG Advisors LLC purchased a new position in shares of Lam Research during the fourth quarter valued at about $230,000. Tounjian Advisory Partners LLC bought a new stake in shares of Lam Research in the fourth quarter worth about $2,199,000. Sovereign Financial Group Inc. purchased a new stake in shares of Lam Research in the fourth quarter worth about $312,000. Procyon Advisors LLC boosted its stake in Lam Research by 79.5% during the fourth quarter. Procyon Advisors LLC now owns 25,618 shares of the semiconductor company’s stock valued at $4,385,000 after buying an additional 11,348 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC boosted its stake in Lam Research by 73.7% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 3,538 shares of the semiconductor company’s stock valued at $606,000 after buying an additional 1,501 shares during the last quarter. Institutional investors own 84.61% of the company’s stock.

Lam Research Trading Down 2.4%

LRCX opened at $228.36 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.61 and a current ratio of 2.26. The stock’s 50 day moving average price is $226.92 and its 200-day moving average price is $178.13. Lam Research Corporation has a one year low of $56.32 and a one year high of $256.68. The stock has a market cap of $285.17 billion, a price-to-earnings ratio of 46.80, a P/E/G ratio of 2.46 and a beta of 1.77.

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

Lam Research Announces Dividend

The business 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 $0.26 dividend. 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 dividend payout ratio is presently 21.31%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on LRCX. Barclays boosted their price target on shares of Lam Research from $250.00 to $255.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 10th. Summit Insights raised Lam Research from a “hold” rating to a “buy” rating in a research note on Thursday, January 29th. New Street Research raised their price objective on Lam Research from $195.00 to $235.00 and gave the company a “neutral” rating in a research note on Friday, January 30th. B. Riley Financial reiterated a “buy” rating on shares of Lam Research in a report on Thursday, January 15th. Finally, Zacks Research upgraded Lam Research from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $245.35.

Insider Buying and Selling

In related news, CFO Douglas R. Bettinger sold 50,057 shares of Lam Research 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 completion of the sale, the chief financial officer owned 1,081,705 shares in the company, valued at $242,334,371.15. This trade represents a 4.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Ava Harter sold 4,000 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $232.50, for a total transaction of $930,000.00. Following the completion of the sale, the insider directly owned 54,705 shares of the company’s stock, valued at approximately $12,718,912.50. This trade represents a 6.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 130,886 shares of company stock valued at $29,658,802 in the last 90 days. Company insiders own 0.31% of the company’s stock.

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.