Lam Research Corporation (NASDAQ:LRCX) Shares Sold by Nationwide Fund Advisors

Vanguard Group Inc. now owns 15,750,128 shares of the semiconductor company's stock worth $2,021,687,000 after acquiring an additional 471,405 shares during the period. Vanguard Group Inc. owned 9.99% of Lam Research Corporation worth $2,285,802,000 as of its most recent filing with the Securities & Exchange Commission. Finally, Credit Suisse Group reaffirmed a "buy" rating on shares of Lam Research Corporation in a report on Tuesday, August 29th. BDO Wealth Advisors LLC acquired a new stake in shares of Lam Research Corporation in the second quarter valued at about $118,000. Stephens Inc. AR now owns 849 shares of the semiconductor company's stock valued at $109,000 after buying an additional 54 shares during the last quarter. Koshinski Asset Management, Inc. divested its position by shedding 9,076 shares a decrease of 50.5%. Old Mutual Global Investors UK Ltd. increased its stake in shares of Lam Research Corporation by 1,696.5% during the 2nd quarter. The fund owned 288,219 shares of the semiconductor company's stock after selling 4,451 shares during the quarter. Institutional investors and hedge funds own 93.96% of the company's stock. Lam Research Corporation's dividend payout ratio (DPR) is 19.57%. If you are viewing this piece of content on another domain, it was illegally copied and reposted in violation of USA & worldwide trademark & copyright law.

Candriam Luxembourg S.C.A. boosted its stake in shares of Lam Research Co.

Several research firms have recently weighed in on LRCX. Royal Bank of Canada reiterated a "positive" rating and set a $120.00 price objective on shares of Lam Research in a research note on Tuesday, January 24th. Needham & Company LLC reissued a "buy" rating and issued a $200.00 price target on shares of Lam Research Corporation in a research report on Friday, September 1st. Of the 31 analysts surveyed by Reuters that track CBS 7 of them rate its stock a hold.

The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares.

Let's now take a look at some additional technical levels on shares of Lam Research Corp (LRCX). Trading was light with 44K shares changing hands by the end of trading on Thursday. The firm has a market cap of $28.00 billion, a P/E ratio of 18.651 and a beta of 1.47. Lam Research Co. The firm has a 50-day moving average of $132.62 and a 200-day moving average of $114.59. During the last 52 weeks, the price has been as high as $178.18 and as low as $90.56.

Lam Research Corporation (NASDAQ:LRCX) last posted its quarterly earnings results on Wednesday, July 26th. The semiconductor company reported $3.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.02 by $0.09.

The consensus recommendation - averaging the work of 20 analysts - of 2 for Lam Research Corporation (LRCX) points to moderate case.

Lam Research Corporation, launched on October 8, 1989, is a supplier of wafer fabrication equipment and services to the semiconductor industry. The business's revenue was up 51.6% compared to the same quarter a year ago. During the same quarter in the prior year, the business earned $1.80 EPS.

Currently, the 14-day ADX for Lam Research Corp (LRCX) is sitting at 25.65. Shareholders of record on Wednesday, September 13th will be issued a $0.45 dividend. This dividend amount represented a yield of $1.04. The ex-dividend date of this dividend is Tuesday, September 12th.

On Wednesday, July 12th, Stephen G. Newberry sold 750 shares of Lam Research Corporation stock. The stock was sold at an average price of $171.76, for a total value of $1,492,766.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The shares were sold at an average price of $175.00, for a total value of $131,250.00. The disclosure for this sale can be found here.

DSW Inc. (NYSE:DSW) closed at $20.19 a share in the latest session and the stock value rose nearly -10.86% since the beginning of this year. The Company designs, manufactures, markets, refurbishes and services semiconductor processing systems that are used in the fabrication of integrated circuits (ICs). The Company operates through manufacturing and servicing of wafer processing semiconductor manufacturing equipment segment.

Notícias recomendadas

  • Government extends deadline to file GST TRAN 1 till October 31

    Government extends deadline to file GST TRAN 1 till October 31

    However, businesses also claimed credit for past taxes paid in the form of excise and service tax worth Rs. 65,000 crore. This amount is actually paid in cash other than availing credit.
    Walmart hosting Wellness Day

    Walmart hosting Wellness Day

    All Mississippi Walmart stores will be among 4,700 locations nationwide to host the event from 10 a.m.to 2 p.m. The American Diabetes Association estimates almost eight million people with diabetes are undiagnosed.
    Video shows Polk child-care workers berating autistic child

    Video shows Polk child-care workers berating autistic child

    The video, which lasts approximately three minutes, shows the child reacting to the taunting in both a verbal and physical manner. One of the workers is shown throwing shoes and a backpack while the boy was under the table, according to police.
  • Walmart has a new weapon in its online grocery war with Amazon

    Walmart has a new weapon in its online grocery war with Amazon

    He will even receive confirmation that his door has automatically been locked as the Deliv associate exits the front door. August home security cameras then allow them to watch the entire process from the app, if they so wish.
    Quand Emmanuel Macron rencontre Ali Bongo Ondimba — ONU

    Quand Emmanuel Macron rencontre Ali Bongo Ondimba — ONU

    Tout juste, s'agit-il de réunir des éléments de preuve qui permettront d'ouvrir ou non une éventuelle enquête. Sur les questions climatiques, il a assuré que " le Gabon ne déviera pas de sa trajectoire ".
    Bed Bath & Beyond Inc. (NASDAQ:BBBY)

    Bed Bath & Beyond Inc. (NASDAQ:BBBY)

    After $0.84 actual EPS reported by Prologis Inc for the previous quarter, Wall Street now forecasts -21.43% negative EPS growth. Additionally, Bed Bath & Beyond's capital initiatives and constant shareholder-friendly moves should draw investors' attention.
  • Iran unveils new long-range ballistic missile

    Iran unveils new long-range ballistic missile

    The officials have not provided any details on the capabilities of the advanced missile, Tasnim news agency reported. As part of the annual tradition, Iran has arranged military parades with the top leadership in attendance.
    Haley calls for marking Trump's fire and fury comment 'not empty'

    Haley calls for marking Trump's fire and fury comment 'not empty'

    McMaster , in an interview with Chris Wallace on Fox News Sunday , agreed that the United States might need to turn to a military option.
    L1 - Monaco : Décision jeudi pour Thomas Lemar

    L1 - Monaco : Décision jeudi pour Thomas Lemar

    Pas sûr, donc, de voir l'ancienne pépite de la Lazio débuter le prochain match de l'ASM , ce vendredi à Lille (7e journée de Ligue 1).
  • Microsoft and Facebook's 4000-mile transatlantic internet cable Marea is now complete

    Microsoft and Facebook's 4000-mile transatlantic internet cable Marea is now complete

    Marea is a powerful example of the important role the private sector has to play in connecting the world... To put this into perspective, this makes Marea capable of streaming 71 million HD videos simultaneously.
    Bangladesh PM says Myanmar must take back Rohingya

    Bangladesh PM says Myanmar must take back Rohingya

    The UN organisation added that New Delhi was bound by global law to protect refugees who face danger in their home country. On Wednesday, Vice President Mike Pence urged members of the UN Security Council to take "strong and swift" action.
    Iranian minister slams Trump's ignorant hate speech at UN

    Iranian minister slams Trump's ignorant hate speech at UN

    In return, the United States and the European Union have lifted their nuclear sanctions against Iran. US President 's ignorant speech belongs to medieval times, not the 21st century UN.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.