Year to date Lam Research Corporation (NASDAQ:LRCX) is 63.61%, 16.72% over the last quarter, and 36.77% for the past six months. The stock increased 0.24% or $0.41 on September 15, reaching $172.99. Lam Research Corporation (NASDAQ:LRCX) has risen 107.86% since September 15, 2016 and is uptrending. It has outperformed by 91.16% the S&P500. However, the institutional investors are observed to own 96.60% of the total shares. About 1.43M shares traded. The median estimate represents a 11.25% increase from the last price.
About 474,031 shares traded. It is up 1.22% since September 17, 2016 and is uptrending. It has underperformed by 11.01% the S&P500.
Among 2 analysts covering Fulgent Genetics (NASDAQ:FLGT), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 74% are positive. Lam Research Corporation had 53 analyst reports since September 17, 2015 according to SRatingsIntel. Additionally the company declared a dividend for shareholders that was paid on Wed Jun 28, 2017. Janus Capital Management LLC now owns 3,608,710 shares of the semiconductor company's stock valued at $463,214,000 after buying an additional 433,555 shares during the period. Goldman Sachs upgraded the shares of LRCX in report on Monday, December 19 to "Buy" rating. As per Monday, October 26, the company rating was initiated by Susquehanna. Royal Bank Of Canada restated an "outperform" rating and set a $185.00 target price (up previously from $145.00) on shares of Lam Research Corporation in a research note on Thursday, July 27th. Needham maintained the shares of LRCX in report on Friday, September 1 with "Buy" rating. RBC Capital Markets downgraded it to "Underperform" rating and $52 target in Monday, October 5 report. The stock has "Buy" rating by Morgan Stanley on Friday, July 7. Four research analysts have rated the stock with a hold rating and twenty have given a buy rating to the company.
04/19/2017 - Lam Research Corporation had its "overweight" rating reiterated by analysts at Pacific Crest.
Since March 27, 2017, it had 0 buys, and 3 selling transactions for $811,911 activity. (NYSE:VZ) on Tuesday, May 30. The insider Gottscho Richard A sold $9.96M.
The forward P/E of Lam Research Corporation is at 12.7 signifying the uses of estimated net earnings over the next 12 months. The dividend was $0.450 per share for the quarter which is $1.80 annualized. 115 funds opened positions while 683 raised stakes. Janus Capital Management LLC now owns 3,608,710 shares of the semiconductor company's stock worth $463,214,000 after acquiring an additional 433,555 shares during the period. Commonwealth Financial Bank Of Aus reported 12,926 shares. Boltwood Cap Management has 32,072 shares. Strong Sell. Investors might also notice that two months ago the Buy recommendations (3) outnumbered Sell recommendations (0). Burney Company reported 6,284 shares. Goodwin Daniel L stated it has 0.38% of its portfolio in Verizon Communications Inc. Architects has 0% invested in Lam Research Corporation (NASDAQ:LRCX) for 108 shares. Highvista Strategies Ltd Limited Liability Company reported 29,700 shares. Buckingham Capital Mgmt Incorporated owns 83,930 shares. State Street reported 0.07% of its portfolio in Lam Research Corporation (NASDAQ:LRCX).
Kcm Investment Advisors Llc decreased Paccar Inc (NASDAQ:PCAR) stake by 5,632 shares to 22,555 valued at $1.44 million in 2016Q4. It also upped Aflac Inc Com (NYSE:AFL) stake by 5,970 shares and now owns 68,676 shares. Weyerhaeuser Co. (NYSE:WY) was reduced too. About 2.69 million shares traded or 35.18% up from the average. On Tuesday, November 24 the stock rating was maintained by TH Capital with "Buy".
Investors sentiment decreased to 0.98 in 2016 Q4. Its up 0.01, from 0.91 in 2016Q3. It worsened, as 39 investors sold LRCX shares while 225 reduced holdings. Ltd. raised its stake in Lam Research by 44.2% in the second quarter. 159.58 million shares or 7.34% less from 172.22 million shares in 2016Q3 were reported.
Among 19 analysts covering Lam Research Corporation (NASDAQ:LRCX), 16 have Buy rating, 0 Sell and 3 Hold. Fil Limited holds 1.26M shares or 0.39% of its portfolio.
Lam Research Corporation most recently reported earnings per share (EPS) of $3.11 for the June 2017 versus $1.8 in the same quarter a year ago, representing 73% growth. Coldstream Cap Management Inc invested 0.06% in Mondelez International Inc (NASDAQ:MDLZ). Global X Lc owns 2,079 shares.
More notable recent Lam Research Corporation (NASDAQ:LRCX) news were published by: Nasdaq.com which released: "Here's Why You Should Buy Lam Research (LRCX) Stock Now" on September 13, 2017, also Globenewswire.com with their article: "Lam Research Corporation Announces Participation at Upcoming Conference" published on August 30, 2017, Nasdaq.com published: "Zacks.com featured highlights include Owens Corning, Lam Research, Juniper ..." on September 01, 2017. Nordea Ab reported 911,451 shares. Timothy Archer, Chief Operating Officer let go of $1,492,766 worth of shares at an average price of $171.76 on September 12th.
Shares of Lam Research Co. Northern Tru Corp holds 0.06% in Lam Research Corporation (NASDAQ:LRCX) or 1.85 million shares.