Lam Research Corporation $LRCX Stock Position Boosted by CX Institutional

02 Oct 2026, 19:38 by Scott Moore · The Cerbat Gem

CX Institutional lifted its holdings in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 120.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 56,104 shares of the semiconductor company’s stock after buying an additional 30,609 shares during the period. CX Institutional’s holdings in Lam Research were worth $18,431,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Paladin Partners LLC purchased a new position in Lam Research in the second quarter valued at about $26,000. Bravera Wealth acquired a new stake in shares of Lam Research in the second quarter valued at about $46,000. Cedar Mountain Advisors LLC grew its stake in shares of Lam Research by 242.9% in the first quarter. Cedar Mountain Advisors LLC now owns 120 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 85 shares in the last quarter. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of Lam Research during the 2nd quarter valued at about $52,000. Finally, Vermillion Wealth Management Inc. purchased a new stake in shares of Lam Research during the 1st quarter valued at about $26,000. 84.61% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Ava Harter sold 5,000 shares of the firm’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $302.46, for a total transaction of $1,512,300.00. Following the transaction, the insider directly owned 42,462 shares in the company, valued at $12,843,056.52. This trade represents a 10.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bethany Mayer sold 9,557 shares of Lam Research stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total transaction of $3,007,970.18. Following the completion of the transaction, the director directly owned 20,995 shares of the company’s stock, valued at approximately $6,607,966.30. This represents a 31.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 32,839 shares of company stock valued at $10,644,740 in the last quarter. Insiders own 0.31% of the company’s stock.

Trending Headlines about Lam Research

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

Positive Sentiment: Optimistic earnings outlook: An earnings preview argues that Lam Research’s rally could continue, supported by artificial-intelligence infrastructure spending and sustained demand for wafer-fabrication equipment. Investors are likely watching for evidence that growth will remain strong in the next report. Lam Research: This Rally Has Legs (Earnings Preview)
Positive Sentiment: Analyst support: B. Riley raised its price target from $350 to $390 and maintained a “buy” rating. Bank of America’s designation of LRCX as a top pick also reinforces the view that equipment demand may be stronger than previously expected. Does Lam Research Being a BofA Top Pick Reframe Its Equipment Demand Narrative?
Positive Sentiment: Strong financial performance: Lam’s latest quarterly results exceeded expectations, with earnings of $1.82 per share versus a $1.69 consensus estimate and revenue of $6.72 billion. Revenue increased 30% year over year, while the company also raised its dividend, strengthening the bullish case. Lam Research Stock Gains Ground on Strong Earnings and Dividend Hike

Lam Research Stock Up 2.2%

LRCX stock traded up $7.39 during mid-day trading on Friday, hitting $347.49. 7,447,144 shares of the company were exchanged, compared to its average volume of 10,799,794. The company has a market capitalization of $434.86 billion, a PE ratio of 60.33, a price-to-earnings-growth ratio of 1.30 and a beta of 1.85. The company has a current ratio of 2.63, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30. Lam Research Corporation has a twelve month low of $131.02 and a twelve month high of $438.50. The firm has a fifty day simple moving average of $305.26 and a 200 day simple moving average of $301.94.

Lam Research (NASDAQ:LRCX – Get Free Report) last issued its earnings results on Wednesday, July 29th. The semiconductor company reported $1.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.69 by $0.13. Lam Research had a net margin of 31.27% and a return on equity of 67.60%. The business had revenue of $6.72 billion for the quarter, compared to analyst estimates of $6.66 billion. During the same quarter in the prior year, the business posted $1.33 EPS. The company’s revenue for the quarter was up 30.0% on a year-over-year basis. Lam Research has set its Q1 2027 guidance at 2.000-2.300 EPS. On average, research analysts forecast that Lam Research Corporation will post 9.32 earnings per share for the current fiscal year.

Lam Research Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 14th. Shareholders of record on Wednesday, September 23rd will be issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, September 23rd. This represents a $1.32 dividend on an annualized basis and a yield of 0.4%. This is a boost from Lam Research’s previous quarterly dividend of $0.26. Lam Research’s dividend payout ratio (DPR) is 22.92%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on LRCX. Morgan Stanley decreased their price target on Lam Research from $404.00 to $367.00 and set an “overweight” rating for the company in a report on Thursday, July 30th. HSBC reiterated a “hold” rating and set a $333.00 price objective on shares of Lam Research in a research note on Monday, July 27th. Mizuho decreased their target price on shares of Lam Research from $370.00 to $365.00 and set an “outperform” rating for the company in a research note on Tuesday, August 25th. Oppenheimer reaffirmed an “outperform” rating and set a $400.00 price target (up from $330.00) on shares of Lam Research in a report on Monday, June 15th. Finally, UBS Group dropped their price target on shares of Lam Research from $435.00 to $425.00 and set a “buy” rating on the stock in a research note on Tuesday, September 1st. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Lam Research has a consensus rating of “Moderate Buy” and an average target price of $364.01.

Get Our Latest Stock Analysis on Lam Research

About Lam Research

(Free Report)

Lam Research Corporation is a semiconductor equipment company that designs, manufactures, and services systems used in the fabrication of integrated circuits and other electronic devices. Its equipment supports key steps in the wafer manufacturing process, helping semiconductor producers create increasingly small and complex features on silicon wafers.

The company’s portfolio includes systems for etch, deposition, wafer cleaning, surface preparation, and related manufacturing processes.