Lam Research Corporation is an American supplier of wafer-fabrication equipment and related services to the semiconductor industry. Its products are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices and their wiring.
Company profile
Ticker
LRCX
Exchange
Website
CEO
Timothy Archer
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Lam Research AG • Lam Research Management GmbH • Semsysco GmbH • Lam Research Belgium BV • Novellus Systems, Inc. • Novellus Systems International, LLC • Lam Research Capital Ltd. • Lam Research • Lam Research (Shanghai) Co., Ltd. • Lam Research Service Co., Ltd. ...
IRS number
942634797
LRCX stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
29 Jan 24
8-K
Results of Operations and Financial Condition
24 Jan 24
8-K
Amendments to Articles of Incorporation or Bylaws
9 Nov 23
10-Q
2024 Q1
Quarterly report
23 Oct 23
8-K
Results of Operations and Financial Condition
18 Oct 23
ARS
2023 FY
Annual report to shareholders
27 Sep 23
DEFA14A
Additional proxy soliciting materials
27 Sep 23
DEF 14A
Definitive proxy
27 Sep 23
8-K
Lam Research Appoints General Electric Alum John M. Dineen to Board of Directors
24 Aug 23
10-K
2023 FY
Annual report
15 Aug 23
Transcripts
LRCX
Earnings call transcript
2024 Q2
24 Jan 24
LRCX
Earnings call transcript
2024 Q1
18 Oct 23
LRCX
Earnings call transcript
2023 Q4
26 Jul 23
LRCX
Earnings call transcript
2023 Q3
20 Apr 23
LRCX
Earnings call transcript
2023 Q2
25 Jan 23
LRCX
Earnings call transcript
2023 Q1
19 Oct 22
LRCX
Earnings call transcript
2022 Q4
28 Jul 22
LRCX
Earnings call transcript
2022 Q3
20 Apr 22
LRCX
Earnings call transcript
2022 Q2
27 Jan 22
LRCX
Earnings call transcript
2021 Q3
21 Oct 21
Latest ownership filings
4
ABHIJIT Y TALWALKAR
2 Apr 24
4
Christina Corrreia
2 Apr 24
144
Notice of proposed sale of securities
1 Apr 24
144
Notice of proposed sale of securities
1 Apr 24
4
Seshasayee Varadarajan
20 Mar 24
144
Notice of proposed sale of securities
19 Mar 24
144
Notice of proposed sale of securities
18 Mar 24
4
PATRICK J LORD
13 Mar 24
4
PATRICK J LORD
13 Mar 24
144
Notice of proposed sale of securities
11 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Jun 23 | Jun 22 | Jun 21 | Jun 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 5.13 bn | 5.13 bn | 5.13 bn | 5.13 bn | 5.13 bn | 5.13 bn |
Cash burn (monthly) | 153.52 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 1.05 bn | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 4.08 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 26.6 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
58.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1320 |
Opened positions | 224 |
Closed positions | 315 |
Increased positions | 419 |
Reduced positions | 470 |
13F shares | Current |
---|---|
Total value | 53.73 tn |
Total shares | 76.27 mm |
Total puts | 578.69 k |
Total calls | 237.46 k |
Total put/call ratio | 2.4 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 11.71 mm | $9.17 tn |
STT State Street | 5.82 mm | $4.57 tn |
JPM JPMorgan Chase & Co. | 4.16 mm | $3.26 tn |
FMR | 3.28 mm | $2.57 tn |
Fisher Asset Management | 2.97 mm | $2.33 tn |
T. Rowe Price | 2.82 mm | $2.21 bn |
GQG Partners | 2.20 mm | $1.73 tn |
IVZ Invesco | 1.85 mm | $1.45 tn |
MS Morgan Stanley | 1.83 mm | $1.43 tn |
Sands Capital Management | 1.68 mm | $1.32 tn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Christina Corrreia | Common Stock | Sell | Dispose S | No | Yes | 972.03 | 647 | 628.90 k | 5,541 |
1 Apr 24 | Abhijit Y Talwalkar | Common Stock | Sell | Dispose S | No | Yes | 972.03 | 882 | 857.33 k | 10,541 |
19 Mar 24 | Seshasayee Varadarajan | Common Stock | Sell | Dispose S | No | Yes | 913.99 | 5,500 | 5.03 mm | 16,595 |
18 Mar 24 | Seshasayee Varadarajan | Common Stock | Sell | Dispose S | No | Yes | 922.41 | 5,500 | 5.07 mm | 22,095 |
11 Mar 24 | Patrick J Lord | Common Stock | Sell | Dispose S | No | Yes | 940.01 | 72 | 67.68 k | 4,514 |
11 Mar 24 | Patrick J Lord | Common Stock | Sell | Dispose S | No | Yes | 932.63 | 100 | 93.26 k | 4,586 |
11 Mar 24 | Patrick J Lord | Common Stock | Sell | Dispose S | No | Yes | 930.85 | 329 | 306.25 k | 4,686 |
11 Mar 24 | Patrick J Lord | Common Stock | Sell | Dispose S | No | Yes | 929.82 | 676 | 628.56 k | 5,015 |
11 Mar 24 | Patrick J Lord | Common Stock | Sell | Dispose S | No | Yes | 928.18 | 375 | 348.07 k | 5,691 |
11 Mar 24 | Patrick J Lord | Common Stock | Sell | Dispose S | No | Yes | 927.09 | 500 | 463.55 k | 6,066 |
News
Needham Maintains Buy on Lam Research, Raises Price Target to $1030
18 Apr 24
Stifel Maintains Buy on Lam Research, Raises Price Target to $1050
16 Apr 24
Evercore ISI Group Initiates Coverage On Lam Research with Outperform Rating, Announces Price Target of $1200
16 Apr 24
A Closer Look at Lam Research's Options Market Dynamics
15 Apr 24
$1000 Invested In Lam Research 20 Years Ago Would Be Worth This Much Today
11 Apr 24
Press releases
Lam Research Corporation Announces March 2024 Quarter Financial Conference Call
3 Apr 24
Lam Research Introduces Breakthrough Deposition Technique to Enable Next-Generation MEMS for 5G and Beyond
26 Mar 24
Lam Research Honored by Ethisphere as One of the 2024 World's Most Ethical Companies®
4 Mar 24
Lam Research Corporation Reports Financial Results for the Quarter Ended December 24, 2023
24 Jan 24