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 October 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Lam Research stock on September 22nd. 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 American Electric Power (NASDAQ:AEP) on 9/22/2025.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 9/22/2025.
• Purchased $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 9/22/2025.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 9/3/2025.
• Purchased $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 9/3/2025.
• Purchased $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 8/14/2025.
• Purchased $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 8/14/2025.
• Purchased $15,001 – $50,000 in shares of Eli Lilly and Company (NYSE:LLY) on 8/14/2025.
• Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 8/14/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 8/13/2025.

Lam Research Price Performance

LRCX opened at $141.00 on Friday. The business has a fifty day moving average of $114.10 and a 200 day moving average of $94.09. Lam Research Corporation has a 52-week low of $56.32 and a 52-week high of $153.70. The company has a quick ratio of 1.55, a current ratio of 2.21 and a debt-to-equity ratio of 0.38. The stock has a market cap of $177.81 billion, a P/E ratio of 33.89, a PEG ratio of 1.74 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last posted its quarterly earnings data on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.12. Lam Research had a return on equity of 58.17% and a net margin of 29.07%.The company had revenue of $5.17 billion during the quarter, compared to analysts’ expectations of $4.99 billion. During the same quarter in the previous year, the business earned $1.03 EPS. Lam Research’s revenue was up 33.6% compared to the same quarter last year. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. As a group, sell-side analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Wednesday, September 24th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Wednesday, September 24th. This is an increase from Lam Research’s previous quarterly dividend of $0.23. Lam Research’s dividend payout ratio (DPR) is presently 25.00%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. HSBC set a $127.00 target price on Lam Research and gave the stock a “hold” rating in a report on Tuesday, September 30th. Summit Insights cut Lam Research from a “buy” rating to a “hold” rating in a report on Thursday, July 31st. UBS Group upped their target price on Lam Research from $95.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, July 21st. B. Riley upped their target price on Lam Research from $130.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, September 24th. Finally, Citigroup upped their target price on Lam Research from $113.00 to $120.00 and gave the stock a “buy” rating in a report on Monday, September 8th. Twenty-three research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, Lam Research has an average rating of “Moderate Buy” and an average target price of $121.00.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in LRCX. Ignite Planners LLC boosted its position in shares of Lam Research by 1.9% during the third quarter. Ignite Planners LLC now owns 5,269 shares of the semiconductor company’s stock worth $706,000 after buying an additional 100 shares during the period. Toth Financial Advisory Corp boosted its holdings in Lam Research by 10.0% in the third quarter. Toth Financial Advisory Corp now owns 1,100 shares of the semiconductor company’s stock valued at $147,000 after purchasing an additional 100 shares during the period. Bahl & Gaynor Inc. boosted its holdings in Lam Research by 1.9% in the second quarter. Bahl & Gaynor Inc. now owns 5,602 shares of the semiconductor company’s stock valued at $545,000 after purchasing an additional 102 shares during the period. BankPlus Wealth Management LLC boosted its holdings in Lam Research by 2.0% in the second quarter. BankPlus Wealth Management LLC now owns 5,248 shares of the semiconductor company’s stock valued at $511,000 after purchasing an additional 105 shares during the period. Finally, ORG Partners LLC boosted its holdings in Lam Research by 7.3% in the second quarter. ORG Partners LLC now owns 1,676 shares of the semiconductor company’s stock valued at $162,000 after purchasing an additional 114 shares during the period. 84.61% of the stock is owned by institutional investors.

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 designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.