Calamos Advisors LLC Has $62.72 Million Stock Position in Lam Research Corporation $LRCX

Calamos Advisors LLC lifted its stake in Lam Research Corporation (NASDAQ:LRCX – Free Report) by 8.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 366,417 shares of the semiconductor company’s stock after purchasing an additional 29,989 shares during the period. Calamos Advisors LLC’s holdings in Lam Research were worth $62,723,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in Lam Research by 0.3% in the third quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock valued at $17,537,447,000 after buying an additional 364,949 shares in the last quarter. State Street Corp increased its position in shares of Lam Research by 0.4% during the third quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock worth $8,024,684,000 after acquiring an additional 265,805 shares in the last quarter. Invesco Ltd. increased its position in shares of Lam Research by 18.2% during the third quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock worth $2,836,397,000 after acquiring an additional 3,263,658 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Lam Research by 781.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 11,340,865 shares of the semiconductor company’s stock worth $1,518,542,000 after acquiring an additional 10,053,978 shares during the period. Finally, Nordea Investment Management AB raised its holdings in shares of Lam Research by 6.8% during the third quarter. Nordea Investment Management AB now owns 11,312,752 shares of the semiconductor company’s stock worth $1,512,854,000 after acquiring an additional 718,178 shares during the period. 84.61% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Lam Research

In related news, Director Eric Brandt sold 35,000 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $225.60, for a total transaction of $7,896,000.00. Following the transaction, the director directly owned 253,705 shares of the company’s stock, valued at approximately $57,235,848. The trade was a 12.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Douglas R. Bettinger sold 50,057 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total value of $11,214,269.71. Following the completion of the sale, the chief financial officer owned 1,081,705 shares in the company, valued at approximately $242,334,371.15. This trade represents a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 130,886 shares of company stock worth $29,658,802 over the last 90 days. Company insiders own 0.31% of the company’s stock.

Wall Street Analyst Weigh In

LRCX has been the subject of a number of research analyst reports. Susquehanna upped their target price on shares of Lam Research from $350.00 to $385.00 and gave the stock a “positive” rating in a research note on Thursday. Oppenheimer reissued an “outperform” rating and issued a $330.00 price target on shares of Lam Research in a research note on Thursday. Mizuho boosted their price target on Lam Research from $295.00 to $330.00 and gave the company an “outperform” rating in a report on Thursday. UBS Group set a $300.00 price objective on Lam Research in a research report on Thursday, January 29th. Finally, Evercore increased their price objective on Lam Research from $275.00 to $300.00 and gave the stock an “outperform” rating in a report on Thursday. Twenty-six research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, Lam Research has an average rating of “Moderate Buy” and a consensus target price of $283.65.

Get Our Latest Stock Report on LRCX

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Q3 results beat expectations (EPS $1.47, revenue $5.84B) and management gave strong FY guidance tied to AI demand — investors view this as confirmation of a multi-year WFE upcycle. Earnings & press coverage
• Positive Sentiment: Major analysts have lifted price targets across the board (examples: TD Cowen $340, Susquehanna $385, JPMorgan $315, BofA $330), signaling upgraded revenue and margin forecasts driven by AI memory and logic chip spending. Analyst target upgrades
• Positive Sentiment: Several bank research notes reiterated buy/outperform ratings and sizable upside, reinforcing momentum and prompting institutional buyers to add exposure. Deutsche Bank price target raise
• Neutral Sentiment: Broad market action (Dow slip while Nasdaq gains) and strong moves in other chip names (Intel, AMD, Arm) contributed to sector flow into semiconductor-equipment names including LRCX. Market breadth coverage
• Neutral Sentiment: Not all firms moved to buy: a few kept neutral/equal-weight stances (e.g., Morgan Stanley, BNP Paribas), showing some analysts want to see more cycles of delivery before upgrading conviction. Morgan Stanley note
• Negative Sentiment: Valuation concerns: commentary and analysis warn the stock reflects a lot of AI upside already — some investors may view multiple and momentum as stretched, which could amplify pullbacks on any growth-slow surprises. Valuation caution analysis