Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Lam Research Co. NASDAQ: LRCX. In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Lam Research stock on April 4th.
Representative Marjorie Taylor Greene also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Norfolk Southern NYSE: NSC on 4/4/2025.
- Purchased $1,001 - $15,000 in shares of Old Dominion Freight Line NASDAQ: ODFL on 4/4/2025.
- Purchased $1,001 - $15,000 in shares of Dell Technologies NYSE: DELL on 4/4/2025.
- Purchased $1,001 - $15,000 in shares of FedEx NYSE: FDX on 4/4/2025.
- Purchased $1,001 - $15,000 in shares of Berkshire Hathaway NYSE: BRK.B on 4/4/2025.
- Purchased $1,001 - $15,000 in shares of NIKE NYSE: NKE on 4/4/2025.
- Purchased $1,001 - $15,000 in shares of Caterpillar NYSE: CAT on 4/4/2025.
- Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 4/4/2025.
- Purchased $1,001 - $15,000 in shares of QUALCOMM NASDAQ: QCOM on 4/4/2025.
- Purchased $1,001 - $15,000 in shares of Lululemon Athletica NASDAQ: LULU on 4/4/2025.
Lam Research Price Performance
Shares of LRCX traded up $1.05 on Friday, hitting $67.48. The company's stock had a trading volume of 14,704,156 shares, compared to its average volume of 12,153,355. The company has a 50 day moving average price of $76.49 and a 200 day moving average price of $76.46. Lam Research Co. has a fifty-two week low of $56.32 and a fifty-two week high of $113.00. The company has a market capitalization of $86.62 billion, a PE ratio of 20.50, a PEG ratio of 1.47 and a beta of 1.52. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.54 and a quick ratio of 1.73.
Lam Research (NASDAQ:LRCX - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The semiconductor company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.87 by $0.04. Lam Research had a net margin of 26.49% and a return on equity of 51.86%. On average, research analysts anticipate that Lam Research Co. 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 was paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 5th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.36%. The ex-dividend date was Wednesday, March 5th. Lam Research's payout ratio is 27.96%.
Institutional Trading of Lam Research
Hedge funds and other institutional investors have recently modified their holdings of the stock. Financial Perspectives Inc increased its position in shares of Lam Research by 908.8% during the 4th quarter. Financial Perspectives Inc now owns 343 shares of the semiconductor company's stock worth $25,000 after purchasing an additional 309 shares during the last quarter. Fairway Wealth LLC increased its holdings in Lam Research by 900.0% during the fourth quarter. Fairway Wealth LLC now owns 340 shares of the semiconductor company's stock worth $25,000 after buying an additional 306 shares during the last quarter. Atwood & Palmer Inc. bought a new stake in Lam Research during the fourth quarter worth $27,000. Midwest Capital Advisors LLC acquired a new stake in Lam Research in the fourth quarter valued at $27,000. Finally, West Paces Advisors Inc. bought a new position in shares of Lam Research in the 4th quarter valued at about $27,000. Institutional investors and hedge funds own 84.61% of the company's stock.
Analysts Set New Price Targets
LRCX has been the subject of a number of research reports. The Goldman Sachs Group lowered their price objective on Lam Research from $96.00 to $85.00 and set a "buy" rating for the company in a research report on Friday, January 10th. Barclays dropped their price target on shares of Lam Research from $90.00 to $75.00 and set an "equal weight" rating for the company in a research note on Friday, January 17th. Needham & Company LLC reaffirmed a "buy" rating and issued a $90.00 price objective on shares of Lam Research in a research note on Thursday, January 30th. KeyCorp raised Lam Research from a "sector weight" rating to an "overweight" rating and set a $95.00 price target for the company in a research note on Friday, January 17th. Finally, Wells Fargo & Company upped their target price on shares of Lam Research from $82.00 to $85.00 and gave the company an "equal weight" rating in a research note on Thursday, January 30th. Six research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. According to MarketBeat.com, Lam Research currently has an average rating of "Moderate Buy" and a consensus price target of $96.87.
Read Our Latest Research Report on LRCX
Insider Transactions at Lam Research
In other news, SVP Seshasayee Varadarajan sold 110,080 shares of Lam Research stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $90.00, for a total transaction of $9,907,200.00. Following the completion of the transaction, the senior vice president now directly owns 179,084 shares in the company, valued at approximately $16,117,560. The trade was a 38.07 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.29% of the stock is owned by company insiders.
About Representative Greene
Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.
Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.
About Lam Research
(
Get Free Report)
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.
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