Avanza Fonder AB Lowers Position in Lam Research Corporation $LRCX

Avanza Fonder AB reduced its position in shares of Lam Research Corporation (NASDAQ:LRCX) by 3.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 114,313 shares of the semiconductor company’s stock after selling 4,152 shares during the period. Avanza Fonder AB’s holdings in Lam Research were worth $19,568,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in shares of Lam Research by 1,032.4% in the fourth quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock valued at $1,025,000 after purchasing an additional 12,936 shares during the period. Caxton Associates LLP acquired a new stake in shares of Lam Research during the 1st quarter valued at approximately $239,000. Bank Julius Baer & Co. Ltd Zurich boosted its stake in shares of Lam Research by 30.2% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,330,034 shares of the semiconductor company’s stock worth $227,000 after acquiring an additional 540,406 shares in the last quarter. Bahl & Gaynor Inc. grew its holdings in shares of Lam Research by 1.9% in the 2nd quarter. Bahl & Gaynor Inc. now owns 5,602 shares of the semiconductor company’s stock worth $545,000 after acquiring an additional 102 shares during the period. Finally, American Century Companies Inc. grew its holdings in shares of Lam Research by 34.6% in the 2nd quarter. American Century Companies Inc. now owns 2,203,937 shares of the semiconductor company’s stock worth $214,531,000 after acquiring an additional 566,479 shares during the period. Institutional investors and hedge funds own 84.61% of the company’s stock.

Insider Activity at Lam Research

In other Lam Research news, insider Ava Harter sold 4,000 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $232.50, for a total transaction of $930,000.00. Following the transaction, the insider owned 54,705 shares of the company’s stock, valued at $12,718,912.50. This represents a 6.81% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Eric Brandt sold 35,000 shares of the firm’s 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 owned 253,705 shares in the company, valued at $57,235,848. This trade represents a 12.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 130,886 shares of company stock valued at $29,658,802. Company insiders own 0.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on LRCX shares. Sanford C. Bernstein lifted their price objective on Lam Research from $275.00 to $285.00 and gave the stock an “outperform” rating in a report on Monday, February 9th. Cantor Fitzgerald reissued an “overweight” rating and issued a $320.00 target price (up from $265.00) on shares of Lam Research in a report on Thursday, January 29th. Oppenheimer restated an “outperform” rating and issued a $265.00 price target on shares of Lam Research in a research report on Thursday, January 29th. B. Riley Financial reaffirmed a “buy” rating on shares of Lam Research in a research note on Thursday, January 15th. Finally, Rothschild & Co Redburn increased their price objective on shares of Lam Research from $225.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Lam Research currently has an average rating of “Moderate Buy” and a consensus target price of $245.35.

Lam Research Stock Up 2.2%

Shares of NASDAQ:LRCX opened at $233.31 on Tuesday. 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 52-week low of $56.32 and a 52-week high of $256.68. The stock’s fifty day simple moving average is $227.18 and its 200-day simple moving average is $179.07. The company has a market capitalization of $291.35 billion, a P/E ratio of 47.81, 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 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.10. The firm 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%.The firm’s quarterly revenue was up 22.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. As a group, equities research analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 4th will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. Lam Research’s dividend payout ratio is presently 21.31%.

Lam Research 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.