Lam Research Corporation (LRCX): Ownership and Basic Trading Data

In the past 52-week period, shares of Lam Research Corporation (NASDAQ:LRCX) have moved within the range of $103.01 to $219.70. On the stock’s most recent trading day, the company’s shares ended the regular session at $186.46, which is 15.13% lower than its 52-week high.

Lam Research Corporation (LRCX) has demonstrated a 20-day simple moving average (SMA) of -8.21%, and a 50-day SMA of -6.47%. This public company’s current market capitalization stands at $30.23 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Gauging the level of enthusiasm that Wall Street analysts have for a particular stock is important when considering an investment. According to the latest data, the consensus recommendation for Lam Research Corporation (LRCX) is Outperform.

When it comes to reporting sales figures, public companies typically post earnings and revenue that fall above or below the average Wall Street forecast. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Lam Research Corporation (LRCX) delivered a 0.45% surprise with its net revenue. Sales reached $2.48 billion during the three-month period, compared to the average analyst estimate of $2.47 billion.

Meanwhile, during the same quarter Lam Research Corporation (LRCX) delivered a 5.55% earnings surprise. Net earnings for the quarter were posted at $3.46 per share, whereas Wall Street had forecast $3.28 per share.

Ownership at Lam Research Corporation (LRCX), According to Most Recent SEC Filings

A publicly-traded company’s most recent 13F filings give us important details about the organization’s institutional ownership. Lam Research Corporation (LRCX) has 0 billion shares outstanding currently, 97.05% of which belong to institutional investors. Those institutional holdings amount to $29.31 billion.

Additionally, according to the most recent 13F filing from Lam Research Corporation (LRCX), there were 95 new positions totaling 2,000,329 shares of the company’s stock. There were 67 sold out positions, on the other hand, totaling 1,933,107 shares.

Short, Medium and Long Term Indicators

Taking a look at a stock’s average volume – in the long, medium and short terms – is helpful for understanding investor sentiment and trading activity. Lam Research Corporation (LRCX) has had a 20-day average volume of 3,130,125 shares, with an average of 20% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 2,557,486 shares, with an average of 50% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 2,404,465 shares with 67% of long-term indicators pointing to Buy.