Positive sentiment towards LRCX reflected in decline in short interest

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Lam Research Corp shares valued at $9,907,200 were sold by Varadarajan Seshasayee on Feb 20 ’25. At $90.00 per share, Varadarajan Seshasayee sold 110,080 shares. The insider’s holdings dropped to 179,084 shares worth approximately $17.34 million following the completion of this transaction.

Also, Varadarajan Seshasayee purchased 110,080 shares, netting a total of over 9,907,200 in proceeds.

Before that, Mayer Bethany had sold 1,660 shares from its account. In a trade valued at $124,757, the Director traded Lam Research Corp shares for $75.16 each. Upon closing the transaction, the insider’s holdings decreased to 1,660 shares, worth approximately $2.8 million.

As published in a research note from TD Cowen on April 24, 2025, Lam Research Corp [LRCX] has been retained to a Buy and the price target has been revised to $100. As of February 20, 2025, Susquehanna has increased its “Neutral” rating to a “Positive” for LRCX. Earlier on January 30, 2025, Cantor Fitzgerald upgraded its rating. Their new recommendation was “an Overweight” for LRCX stock which previously was a “a Neutral”.

Analyzing LRCX Stock Performance

On last trading session,, Lam Research Corp [NASDAQ: LRCX] rose 0.85% to $96.84. The stock’s lowest price that day was $95.835, but it reached a high of $96.925 in the same session. During the last five days, there has been a surge of approximately 4.99%. Over the course of the year, Lam Research Corp shares have dropped approximately -5.47%. Shares of the company reached a 52-week high of $97.37 on 06/25/25 and a 52-week low of $56.32 on 04/07/25.

Support And Resistance Levels for Lam Research Corp (LRCX)

According to the 24-hour chart, there is a support level at 96.14, which, if violated, would cause prices to drop to 95.44. In the upper region, resistance lies at 97.23. The next price resistance is at 97.62. RSI (Relative Strength Index) is 72.15 on the 14-day chart, showing overbought technical sentiment.

Is Lam Research Corp subject to short interest?

Stocks of Lam Research Corp saw a sharp steep in short interest on 2025-06-13 dropping by -2.68 million shares to 24.91 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 27.59 million shares. A decline of -10.76% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 2.58 of the overall float, the days-to-cover ratio (short ratio) decline to 2.58.

Which companies own the most shares of Lam Research Corp (LRCX)?

In terms of Lam Research Corp share price expectations, FactSet research, analysts set an average price target of 80 in the next 12 months, down nearly -16.68% from the previous closing price of $96.02. Analysts anticipate Lam Research Corp stock to reach 90 by 2025, with the lowest price target being 70. In spite of this, 15 analysts ranked Lam Research Corp stock as Buy at the end of 2025. On January 30, 2025, Bernstein assigned a price target of “an Outperform” to the stock and upgraded coverage with a $91.

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