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

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 Stock Down 3.4%

Shares of LRCX opened at $220.70 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.60 and a current ratio of 2.21. The company has a 50-day simple moving average of $176.68 and a 200-day simple moving average of $140.46. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $236.10. The firm has a market capitalization of $277.21 billion, a P/E ratio of 48.61, a P/E/G ratio of 2.61 and a beta of 1.77.

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

Lam Research Dividend Announcement

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

Analysts Set New Price Targets

LRCX has been the topic of several recent research reports. Wells Fargo & Company set a $250.00 price objective on Lam Research and gave the stock an “overweight” rating in a report on Thursday, January 15th. Bank of America raised their target price on Lam Research from $195.00 to $245.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Berenberg Bank boosted their price target 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. HSBC raised their price objective on shares of Lam Research from $127.00 to $181.00 and gave the stock a “hold” rating in a report on Friday, January 9th. Finally, BNP Paribas Exane upped their target price on shares of Lam Research from $80.00 to $140.00 and gave the company a “neutral” rating in a research note on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Lam Research currently has an average rating of “Moderate Buy” and a consensus target price of $198.75.

Institutional Trading of Lam Research

A number of hedge funds and other institutional investors have recently made changes to their positions in LRCX. Vanguard Group Inc. grew its holdings in Lam Research by 0.3% during the 3rd quarter. Vanguard Group Inc. now owns 130,974,214 shares of the semiconductor company’s stock worth $17,537,447,000 after acquiring an additional 364,949 shares during the last quarter. State Street Corp lifted its position in shares of Lam Research by 0.4% during the third quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock worth $8,024,684,000 after purchasing an additional 265,805 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Lam Research by 14.4% during the second quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock worth $3,954,188,000 after purchasing an additional 5,102,589 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Lam Research by 3.5% during the second quarter. Geode Capital Management LLC now owns 33,802,736 shares of the semiconductor company’s stock valued at $3,280,484,000 after purchasing an additional 1,135,405 shares during the last quarter. Finally, Invesco Ltd. grew its stake in shares of Lam Research by 18.2% during the third quarter. Invesco Ltd. now owns 21,182,948 shares of the semiconductor company’s stock valued at $2,836,397,000 after purchasing an additional 3,263,658 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Lam Research news, insider Ava Harter sold 9,010 shares of the company’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $157.47, for a total transaction of $1,418,804.70. Following the transaction, the insider owned 56,786 shares of the company’s stock, valued at approximately $8,942,091.42. This represents a 13.69% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Bethany Mayer sold 1,298 shares of Lam Research stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $159.99, for a total value of $207,667.02. Following the completion of the sale, the director directly owned 1,652 shares of the company’s stock, valued at $264,303.48. This trade represents a 44.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 50,418 shares of company stock worth $7,667,305 in the last quarter. Insiders own 0.31% of the company’s stock.

Key Headlines Impacting Lam Research

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

• Positive Sentiment: Zacks highlights Lam’s strong earnings‑surprise history and says the company has the setup to beat next quarter’s estimates, supporting upside into the print. Will Lam Research (LRCX) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Zacks Research upgraded LRCX from Hold to Strong Buy, a boost to sentiment that can attract momentum flows ahead of earnings. Zacks upgrade / TickerReport
• Positive Sentiment: Multiple analyst notes and a Benzinga roundup show several firms projecting double‑digit upside / higher price targets, which supports upside expectations. Lam Research To Rally Around 17%? Here Are 10 Top Analyst Forecasts For Wednesday
• Positive Sentiment: Media and commentator support: Jim Cramer called Lam “the best of the best,” which can lift investor confidence despite his caution about buying parabolic moves. Jim Cramer calls Lam Research the “best of the best” but warns against buying parabolic moves
• Positive Sentiment: Zacks included LRCX on its #1 (Strong Buy) momentum list, reinforcing short‑term buyer interest. Best Momentum Stock to Buy for January 21st
• Neutral Sentiment: Upcoming event risk: Lam is expected to report earnings shortly, which is the obvious near‑term catalyst that could drive volatility in either direction. Lam Research (LRCX) Expected to Announce Earnings on Wednesday
• Neutral Sentiment: Industry comparison piece (MarketBeat) flags Lam’s strong recurring revenue and recent revenue growth but notes analysts expect returns to moderate — useful context for medium‑term investors. Which Semiconductor Equipment Stock Has More Upside in 2026?
• Negative Sentiment: Valuation and pullback risk: coverage warns the recent rally may be “too much, too fast,” and MarketBeat/analysts note a possible ~12% cooling from current levels — a direct reason for profit‑taking. Which Semiconductor Equipment Stock Has More Upside in 2026?
• Negative Sentiment: Jim Cramer’s warning against buying “parabolic moves” and general caution about stretched multiples increases the chance of short‑term selling if earnings or guidance disappoints. Jim Cramer calls Lam Research the “best of the best” but warns against buying parabolic moves

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.

Lam Research Company Profile

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.