Lam Research Corporation Earnings Ahead: Quick Glance

The company has been improving on WFE market share significantly since 2013 and expects to continue making gains, going forward. The Creative Planning holds 18,779 shares with $2.66M value, up from 9,680 last quarter. Fedex Corp now has $59.59 billion valuation. The stock decreased 4.60% or $5.56 on October 13, reaching $115.42. Another trade for 8,942 shares valued at $1.39M was made by ARCHER TIMOTHY on Monday, June 12. Stifel Nicolaus reiterated a "buy" rating and issued a $189.00 target price (up previously from $170.00) on shares of Lam Research Corporation in a research report on Monday, June 19th. It has outperformed by 2.32% the S&P500.

Origin Asset Management Llp decreased Lam Research Corp (LRCX) stake by 25.97% reported in 2017Q2 SEC filing. BDO Wealth Advisors LLC acquired a new stake in shares of Lam Research Corporation during the second quarter worth $118,000. 24,938 were reported by Weiss Asset Management Lp. DA Davidson also issued estimates for Lam Research Corporation's Q1 2018 earnings at $3.26 EPS, Q4 2018 earnings at $3.24 EPS, Q1 2019 earnings at $3.47 EPS, Q2 2019 earnings at $3.22 EPS and Q4 2019 earnings at $3.76 EPS. The stock increased 1.56% or $2.91 on October 13, reaching $189.9. About 1.56 million shares traded.

Over the past five trading sessions shares of Lam Research Corporation (NASDAQ:LRCX) are 2.74%; 10.04% for the month; 20.97% for the last quarter; 49.14% for the past six-months; and 94.31% for the last 12 months. It has outperformed by 91.16% the S&P500.

Since May 18, 2017, it had 0 insider purchases, and 3 selling transactions for $4.83 million activity. The insider LORD PATRICK J sold 2,770 shares worth $430,320. This translates into $529.77 million profit for LRCX giving the stock a 14.56 P/E. The stock of Lam Research Corporation (NASDAQ:LRCX) earned "Buy" rating by Goldman Sachs on Monday, December 19. Therefore 84% are positive. On average, analysts predict that Lam Research Corporation will post $12.88 EPS for the current fiscal year. Cowen & Co maintained the stock with "Hold" rating in Friday, October 6 report. The company has a market capitalization of $30.85 billion, a P/E ratio of 20.55 and a beta of 1.53. The stock of Lam Research Corporation (NASDAQ:LRCX) earned "Neutral" rating by Nomura on Thursday, August 11. FormFactor is trading at a lower price-to-earnings ratio than Lam Research Corporation, indicating that it is now the more affordable of the two stocks. The rating was maintained by B. Riley & Co with "Buy" on Thursday, July 27.

On Monday, September 11th, Stephen G. Newberry sold 750 shares of Lam Research Corporation stock. Lam Research Corporation now has a consensus rating of Buy and an average target price of $183.67. The firm has "Buy" rating by Maxim Group given on Tuesday, May 30. This represents a $1.80 dividend on an annualized basis and a yield of 0.95%. It increased, as 33 investors sold ATHN shares while 65 reduced holdings. 110 funds opened positions while 182 raised stakes. The stock was sold at an average price of $160.50, for a total value of $120,375.00. Aviance Cap Ltd Liability Com invested 0% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). Wetherby Asset Management Inc. increased its holdings in shares of Lam Research Corporation by 0.7% in the 2nd quarter. The semiconductor company reported $3.11 EPS for the quarter, beating the consensus estimate of $3.02 by $0.09. Sumitomo Mitsui Trust Holdings Inc. now owns 560,705 shares of the semiconductor company's stock valued at $79,301,000 after acquiring an additional 28,662 shares in the last quarter. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth. Sumitomo Mitsui Hldgs invested in 0.12% or 560,705 shares. Bank & Trust Of Nova Scotia holds 0.04% or 59,872 shares in its portfolio. Legacy Cap Ptnrs has invested 0.21% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). Huntington National Bank & Trust holds 1,667 shares.'s news article titled: "Anatomy of Success: Lam Research Corporation (LRCX)" with publication date: September 22, 2017 was also an interesting one. About 1.56M shares traded. Scout Invests holds 133,424 shares.

Neuberger Berman Group Llc increased Juniper Networks (NYSE:JNPR) stake by 17,359 shares to 30,287 valued at $844,000 in 2017Q2. It also upped Southwest Airls Co (NYSE:LUV) stake by 27,000 shares and now owns 265,549 shares. Alexion Pharmaceuticals Inc (NASDAQ:ALXN) was raised too.

FormFactor now has a consensus target price of $17.14, suggesting a potential upside of 16.03%.

Investors sentiment decreased to 1.01 in Q2 2017. Its up 0.18, from 0.92 in 2017Q1. The original version of this story can be accessed at 112 funds opened positions while 318 raised stakes. Segall Bryant & Hamill Lc holds 0.19% of its portfolio in W W Grainger Inc (NYSE:GWW) for 44,567 shares. Oaktop Capital Mgmt Ii Limited Partnership holds 294,504 shares. The number of shares now owned by investors are 164.45 mln. Harvey Mngmt stated it has 0.23% of its portfolio in FedEx Corporation (NYSE:FDX). Gratry Co Ltd Limited Liability Company owns 3,340 shares for 0.58% of their portfolio. Amica Mutual Insurance has 0.22% invested in Lam Research Corporation (NASDAQ:LRCX). The count of Hold ratings in that period was 2. Employees Retirement Of Texas reported 105,200 shares or 0.31% of all its holdings. Regions Fincl Corporation owns 0.03% invested in Lam Research Corporation (NASDAQ:LRCX) for 16,287 shares.

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