Lam Research (NASDAQ:LRCX) Shares Purchased by Rep. David Taylor

Representative David Taylor (Republican-Ohio) recently bought shares of Lam Research Corporation (NASDAQ:LRCX). In a filing disclosed on November 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Lam Research stock on November 5th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)” account.

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

• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 11/5/2026.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 11/5/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 11/5/2026.
• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 11/3/2026.
• Purchased $1,001 – $15,000 in shares of Eaton (NYSE:ETN) on 11/3/2026.
• Sold $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 11/3/2026.
• Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 11/3/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 11/3/2026.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 11/3/2026.
• Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 11/3/2026.

Lam Research Price Performance

NASDAQ LRCX traded down $7.86 during trading on Friday, reaching $225.92. The company’s stock had a trading volume of 11,023,515 shares, compared to its average volume of 13,807,480. The stock has a market capitalization of $282.21 billion, a PE ratio of 33.67, a P/E/G ratio of 0.87 and a beta of 1.97. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.48 and a quick ratio of 1.86. The firm has a fifty day moving average of $277.67 and a 200 day moving average of $283.73. Lam Research Corporation has a one year low of $135.50 and a one year high of $438.50.

Lam Research (NASDAQ:LRCX) last released its quarterly earnings results on Wednesday, October 21st. The semiconductor company reported $2.20 earnings per share for the quarter, beating the consensus estimate of $2.18 by $0.02. Lam Research had a return on equity of 72.15% and a net margin of 32.34%. The firm had revenue of $8.22 billion for the quarter, compared to analysts’ expectations of $8.14 billion. During the same quarter last year, the firm posted $1.26 EPS. The company’s revenue was up 54.4% compared to the same quarter last year. Analysts expect that Lam Research Corporation will post 9.60 EPS for the current fiscal year.

Lam Research Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 6th. Investors of record on Wednesday, December 2nd will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, December 2nd. This represents a $1.32 annualized dividend and a yield of 0.6%. Lam Research’s dividend payout ratio (DPR) is currently 19.67%.

Lam Research declared that its board has approved a stock buyback program on Thursday, November 5th that allows the company to repurchase $25 billion in shares. This buyback authorization allows the semiconductor company to reacquire up to 9% of its shares through open market purchases. Stock buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Key Stories Impacting Lam Research

These are some of the LRCX stories that stood out recently:

• Positive Sentiment: Lam’s board authorized a share-repurchase program of up to $25 billion and reaffirmed its quarterly dividend at $0.33 per share, providing a potential source of shareholder returns. Article: Lam Research Just Gave Investors Something To Think About
• Positive Sentiment: Bernstein analyst Stacy Rasgon remains favorable on Lam after its steep recent decline, while Wells Fargo’s move to a neutral view on U.S. AI infrastructure suggests a less negative backdrop for the sector. Article: Lam Research Lost About 34% in a Month. Here’s Why Bernstein’s Rasgon Still Likes It
• Negative Sentiment: Lam shares fell alongside Applied Materials and KLA amid technology-sector selling linked to news of NVIDIA CEO Jensen Huang’s departure. The move points to continued sensitivity to AI and semiconductor-sector sentiment. Article: What’s Going On With Lam Research Stock Friday?

Analysts Set New Price Targets

LRCX has been the topic of several research reports. HSBC restated a “hold” rating and set a $333.00 price objective on shares of Lam Research in a research report on Monday, July 27th. Needham & Company LLC cut their target price on shares of Lam Research from $390.00 to $290.00 and set a “buy” rating for the company in a research report on Thursday, October 22nd. Zacks Research cut Lam Research from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 22nd. Wall Street Zen upgraded Lam Research from a “hold” rating to a “buy” rating in a research report on Saturday, October 24th. Finally, Fundamental Research set a $390.00 price target on Lam Research in a research note on Thursday, October 1st. Twenty-six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $357.57.

Institutional Investors Weigh In On Lam Research

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Polaris Financial Partners bought a new stake in shares of Lam Research in the 3rd quarter worth about $4,814,000. Bank of America Corp DE grew its position in Lam Research by 5.5% in the second quarter. Bank of America Corp DE now owns 11,244,147 shares of the semiconductor company’s stock worth $4,872,426,000 after acquiring an additional 584,489 shares in the last quarter. Rokos Capital Management LLP increased its stake in Lam Research by 42.0% during the first quarter. Rokos Capital Management LLP now owns 259,921 shares of the semiconductor company’s stock worth $55,532,000 after acquiring an additional 76,840 shares during the last quarter. Aware Super Pty Ltd as trustee of Aware Super bought a new stake in Lam Research during the first quarter worth approximately $59,973,000. Finally, Meeder Asset Management Inc. increased its stake in Lam Research by 50.7% during the first quarter. Meeder Asset Management Inc. now owns 37,383 shares of the semiconductor company’s stock worth $7,987,000 after acquiring an additional 12,574 shares during the last quarter. Institutional investors own 84.61% of the company’s stock.

Insider Buying and Selling

In other news, Director Bethany Mayer sold 9,557 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $314.74, for a total value of $3,007,970.18. Following the completion of the sale, the director directly owned 20,995 shares of the company’s stock, valued at $6,607,966.30. This trade represents a 31.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Ava Harter sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $302.46, for a total value of $1,512,300.00. Following the transaction, the insider directly owned 42,462 shares in the company, valued at approximately $12,843,056.52. This represents a 10.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 14,573 shares of company stock worth $4,523,606. Company insiders own 0.31% of the company’s stock.

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 is a global supplier of equipment and services used to manufacture semiconductors. Its products help chipmakers create and process the microscopic structures that form integrated circuits. The company’s wafer fabrication equipment is used for processes including etch, thin-film deposition and wafer cleaning. Lam also provides services such as equipment maintenance, upgrades, spare parts and other support for chip manufacturing operations. Founded in 1980 and headquartered in Fremont, California, Lam Research serves semiconductor manufacturers around the world.