Lam Research Corp. (NASDAQ: LRCX) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Lam Research Honored by Ethisphere as One of the 2024 World’s Most Ethical Companies®.

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Stocks Info

Lam Research Corp. is listed on the NASDAQ as a member of the Technology sector and is a part of the Semiconductor Equipment & Materials industry. The current market capitalization of Lam Research Corp. is $126.26B. A total of 1.29 million shares were traded on the day, compared to an average of 1.05M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, LRCX has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 16 BUYs and 16 SELLs from insiders. Insiders purchased 20,927 shares during that period but sold 29,234.

In the most recent transaction, Fernandes Neil J sold 2,161 shares of LRCX for 828.33 per share on Feb 01. After the transaction, the Senior Vice President now owns 9,908 company shares. In a previous transaction on Jan 03, ARCHER TIMOTHY sold 10,524 shares at 732.00 per share. LRCX shares that President and CEO owns now total 86,449.

Among the insiders who sold shares, Hahn Ava disposed of 2,342 shares on Jan 03 at a per-share price of $732.00. This resulted in the Chief Legal Officer & SVP holding 3,433 shares of LRCX after the transaction. In another insider transaction, TALWALKAR ABHIJIT Y sold 882 shares at $768.75 per share on Jan 02. Company shares held by the Director now total 11,604.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Lam Research Corp. pays an annual dividend of $7.45, resulting in a dividend yield of 0.77%, and it has a price to earnings (P/E) ratio of 37.24. LRCX’s most recent ex-dividend date was 3/12/2024 when it declared a $2.00 quarterly dividend that was paid in cash on 4/3/2024. Previously, the company paid the dividend on 1/3/2024 with an ex-dividend date of 12/12/2023. The LRCX stock dividend was $2.00 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, LRCX has a high of $993.86 and a low of $467.02.

As of this writing, LRCX has an earnings estimate of $7.26 per share for the current quarter. EPS was calculated based on a consensus of 20 estimates, with a high estimate of $7.61 per share and a lower estimate of $6.31. The company reported an EPS of $6.85 in the last quarter, which was 11.90% higher than expectations of $6.12.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LRCX is Buy with a score of 4.20.

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