USS Investment Management Ltd Sells 9,957 Shares of Lam Research Corporation $LRCX

by · The Cerbat Gem

USS Investment Management Ltd cut its holdings in shares of Lam Research Corporation (NASDAQ:LRCX – Free Report) by 4.3% in the 4th quarter, Holdings Channel reports. The firm owned 218,952 shares of the semiconductor company’s stock after selling 9,957 shares during the period. USS Investment Management Ltd’s holdings in Lam Research were worth $37,465,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PMV Capital Advisers LLC bought a new stake in Lam Research during the fourth quarter worth $25,000. Stance Capital LLC bought a new stake in Lam Research during the third quarter worth $26,000. Triumph Capital Management bought a new stake in Lam Research during the third quarter worth $27,000. Core Wealth Advisors LLC bought a new stake in Lam Research during the fourth quarter worth $29,000. Finally, Strategic Wealth Investment Group LLC bought a new stake in Lam Research during the second quarter worth $29,000. 84.61% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, insider Ava Harter sold 6,010 shares of the stock in a transaction on Monday, April 27th. The stock was sold at an average price of $258.66, for a total value of $1,554,546.60. Following the completion of the sale, the insider directly owned 53,205 shares in the company, valued at $13,762,005.30. This represents a 10.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Neil J. Fernandes sold 7,659 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $309.60, for a total transaction of $2,371,226.40. Following the sale, the senior vice president owned 58,470 shares of the company’s stock, valued at approximately $18,102,312. This trade represents a 11.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 31,839 shares of company stock valued at $8,561,667 over the last 90 days. 0.31% of the stock is currently owned by company insiders.

Lam Research News Roundup

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

  • Positive Sentiment: Lam Research is benefiting from renewed optimism around wafer-fab equipment demand, with management recently raising its 2026 WFE market forecast to $140 billion and analysts lifting price targets on expectations that AI-driven chip investment will stay strong. Article Title
  • Positive Sentiment: Recent coverage highlighted Lam Research as a core beneficiary of the AI infrastructure boom, with Barclays reiterating constructive views on chip-equipment names and investors focusing on ongoing spending for new semiconductor supply. Article Title
  • Positive Sentiment: Lam Research’s recent earnings outperformance and upbeat guidance continue to support the bullish case, with the company beating estimates and projecting stronger revenue momentum into upcoming quarters. Article Title
  • Neutral Sentiment: Some recent pieces focus on valuation after the AI-driven rally, suggesting investors are now weighing how much upside is already priced in after a sharp run-up. Article Title
  • Negative Sentiment: Broader semiconductor stocks have remained volatile, and one recent session saw LRCX fall more steeply than the market, showing that the stock can still be pressured by sector-wide AI and macro swings. Article Title

Wall Street Analysts Forecast Growth

Several research firms have weighed in on LRCX. Wells Fargo & Company restated an “overweight” rating and set a $575.00 target price (up from $320.00) on shares of Lam Research in a research note on Monday, June 1st. Weiss Ratings cut Lam Research from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, May 14th. HSBC increased their price target on Lam Research from $221.00 to $247.00 and gave the company a “hold” rating in a research note on Friday, April 24th. Cantor Fitzgerald set a $425.00 price target on Lam Research and gave the company an “overweight” rating in a research note on Wednesday. Finally, Bank of America increased their price target on Lam Research from $285.00 to $330.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Twenty-eight equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $322.01.

Read Our Latest Report on Lam Research

Lam Research Stock Performance

NASDAQ LRCX opened at $366.81 on Monday. The company has a market capitalization of $458.72 billion, a price-to-earnings ratio of 69.21, a PEG ratio of 3.02 and a beta of 1.85. Lam Research Corporation has a twelve month low of $87.75 and a twelve month high of $373.82. The stock has a fifty day simple moving average of $286.10 and a 200 day simple moving average of $234.16. The company has a quick ratio of 1.77, a current ratio of 2.54 and a debt-to-equity ratio of 0.35.

Lam Research (NASDAQ:LRCX – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The semiconductor company reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.11. The business had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.70 billion. Lam Research had a return on equity of 66.21% and a net margin of 30.94%.Lam Research’s quarterly revenue was up 23.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.04 earnings per share. Lam Research has set its Q4 2026 guidance at 1.500-1.800 EPS. Sell-side analysts expect that Lam Research Corporation will post 5.7 EPS for the current year.

Lam Research Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Wednesday, June 17th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Wednesday, June 17th. Lam Research’s dividend payout ratio is presently 19.62%.

Lam Research Company Profile

(Free Report)

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.

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