Rep. David Taylor Sells Lam Research Corporation (NASDAQ:LRCX) Shares

Representative David Taylor (R-Ohio) recently sold shares of Lam Research Corporation (NASDAQ:LRCX). In a filing disclosed on January 21st, the Representative disclosed that they had sold between $15,001 and $50,000 in Lam Research stock on January 8th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 1/9/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/8/2026.
• Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 1/8/2026.
• Purchased $15,001 – $50,000 in shares of International Business Machines (NYSE:IBM) on 1/8/2026.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 1/8/2026.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 12/10/2025.
• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 12/10/2025.
• Purchased $1,001 – $15,000 in shares of Eaton (NYSE:ETN) on 12/10/2025.
• Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 12/3/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 12/3/2025.

Lam Research Trading Down 0.3%

Shares of LRCX traded down $0.72 during trading hours on Friday, reaching $219.98. The stock had a trading volume of 3,436,163 shares, compared to its average volume of 13,550,557. The company has a market cap of $276.30 billion, a P/E ratio of 48.41, a P/E/G ratio of 2.61 and a beta of 1.77. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $236.10. The company has a quick ratio of 1.60, a current ratio of 2.21 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average of $176.68 and a 200 day moving average of $140.46.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, October 22nd. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.04. Lam Research had a return on equity of 60.60% and a net margin of 29.66%.The company had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $5.23 billion. During the same period in the prior year, the company earned $0.86 earnings per share. The company’s revenue for the quarter was up 27.7% compared to the same quarter last year. On average, sell-side analysts expect that Lam Research Corporation will post 3.71 earnings per share for the current fiscal year.

Lam Research Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 7th. Stockholders of record on Wednesday, December 3rd were issued a $0.26 dividend. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $1.04 annualized dividend and a dividend yield of 0.5%. Lam Research’s payout ratio is 22.91%.

Institutional Trading of Lam Research

Institutional investors and hedge funds have recently bought and sold shares of the stock. Brighton Jones LLC boosted its holdings in Lam Research by 1,032.4% during the 4th quarter. Brighton Jones LLC now owns 14,189 shares of the semiconductor company’s stock worth $1,025,000 after acquiring an additional 12,936 shares during the last quarter. Caxton Associates LLP purchased a new stake in Lam Research in the first quarter worth $239,000. Wedge Capital Management L L P NC bought a new stake in shares of Lam Research in the second quarter valued at $244,000. Sowell Financial Services LLC lifted its position in shares of Lam Research by 1.1% during the 2nd quarter. Sowell Financial Services LLC now owns 20,273 shares of the semiconductor company’s stock valued at $1,973,000 after buying an additional 226 shares during the last quarter. Finally, Park Avenue Securities LLC grew its stake in shares of Lam Research by 9.0% during the 2nd quarter. Park Avenue Securities LLC now owns 61,067 shares of the semiconductor company’s stock worth $5,944,000 after acquiring an additional 5,052 shares during the period. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on LRCX. Citigroup reiterated a “buy” rating and issued a $265.00 price target (up previously from $190.00) on shares of Lam Research in a report on Thursday. Zacks Research upgraded Lam Research from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Dbs Bank increased their price objective on Lam Research from $119.40 to $184.20 in a report on Monday, October 27th. Royal Bank Of Canada set a $260.00 price target on Lam Research in a research report on Wednesday, January 14th. Finally, Berenberg Bank lifted their price objective on shares of Lam Research from $122.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, Lam Research currently has a consensus rating of “Moderate Buy” and an average target price of $200.52.

Insider Buying and Selling

In related news, insider Ava Harter sold 9,010 shares of the business’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $157.47, for a total value of $1,418,804.70. Following the sale, the insider directly owned 56,786 shares in the company, valued at approximately $8,942,091.42. The trade was a 13.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Douglas R. Bettinger sold 40,080 shares of the company’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $150.60, for a total transaction of $6,036,048.00. Following the sale, the chief financial officer directly owned 987,237 shares in the company, valued at approximately $148,677,892.20. This trade represents a 3.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 50,418 shares of company stock valued at $7,667,305. 0.31% of the stock is owned by insiders.

Lam Research News Summary

Here are the key news stories impacting Lam Research this week:

• Positive Sentiment: Zacks previews Lam’s Q2 (Dec 2025) results and drills into key metrics beyond revenue/EPS, highlighting setup for another strong quarter and reinforcing expectations of high-margin, recurring revenue that supports an earnings beat. Stay Ahead of the Game With Lam Research (LRCX) Q2 Earnings
• Positive Sentiment: Zacks highlights Lam’s strong historical earnings surprises and argues the company has the right mix of factors for another beat, which supports momentum into the report and underpins bullish analyst sentiment. Will Lam Research (LRCX) Beat Estimates Again?
• Positive Sentiment: Zacks added LRCX to its Zacks Rank #1 (Strong Buy) list on Jan. 23 — a headline that can attract short-term buyer interest and flows from model-driven investors. New Strong Buy Stocks for January 23rd
• Neutral Sentiment: New Street Research raised its price target to $195 from $140 but kept a “neutral” rating — the higher PT signals improved fundamental outlook, but the maintained neutral stance and PT below some current levels leave mixed implications for the stock. New Street Adjusts Lam Research Price Target
• Neutral Sentiment: Jim Cramer publicly called Lam “the best of the best,” which is a visibility-positive endorsement; his caution about avoiding parabolic buys tempers immediate retail buying risk. Jim Cramer calls Lam Research the “best of the best”
• Negative Sentiment: A MarketBeat piece compares semiconductor equipment names and notes that, despite strong 2025 gains, some analyst forecasts expect LRCX shares to cool (MarketBeat cites a ~12% downside scenario), which could pressure sentiment after a large rally. Which Semiconductor Equipment Stock Has More Upside in 2026?

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

About Lam Research

Lam Research Corporation (NASDAQ: LRCX) is a global supplier of wafer fabrication equipment and services to the semiconductor industry. Founded in 1980 by David K. Lam and headquartered in Fremont, California, the company develops and manufactures systems used in multiple stages of semiconductor device production, including thin film deposition, plasma etch, wafer cleaning and related process modules and automation.

Lam’s product portfolio covers core process technologies employed by logic and memory manufacturers, with equipment designed to support advanced-node patterning, 3D NAND and other emerging device architectures.