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

Representative David Taylor (Republican-Ohio) recently bought shares of Lam Research Corporation (NASDAQ:LRCX). In a filing disclosed on March 20th, the Representative disclosed that they had bought between $1,001 and $15,000 in Lam Research stock on March 12th. 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):

• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 3/12/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 3/11/2026.
• Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 3/11/2026.
• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 3/11/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/11/2026.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/26/2026.

Lam Research Price Performance

Shares of LRCX traded down $4.12 during trading hours on Wednesday, hitting $234.72. The stock had a trading volume of 2,770,520 shares, compared to its average volume of 11,936,609. The stock has a market capitalization of $293.11 billion, a price-to-earnings ratio of 48.02, a P/E/G ratio of 2.51 and a beta of 1.77. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.26 and a quick ratio of 1.61. The company’s fifty day moving average is $227.67 and its two-hundred day moving average is $180.02. Lam Research Corporation has a 52 week low of $56.32 and a 52 week high of $256.68.

Lam Research (NASDAQ:LRCX) last announced its quarterly earnings results on Wednesday, January 28th. The semiconductor company reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.10. The firm had revenue of $5.34 billion during the quarter, compared to the consensus estimate of $5.23 billion. Lam Research had a net margin of 30.22% and a return on equity of 62.81%. The firm’s quarterly revenue was up 22.1% on a year-over-year basis. During the same period last year, the firm posted $0.91 EPS. Lam Research has set its Q3 2026 guidance at 1.250-1.450 EPS. On average, analysts anticipate that Lam Research Corporation will post 3.71 EPS for the current year.

Lam Research Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 4th will be issued a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.04 annualized dividend and a dividend yield of 0.4%. Lam Research’s dividend payout ratio is presently 21.31%.

Insider Buying and Selling at Lam Research

In other Lam Research news, insider Ava Harter sold 1,500 shares of Lam Research stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $222.66, for a total transaction of $333,990.00. Following the transaction, the insider directly owned 53,205 shares in the company, valued at approximately $11,846,625.30. The trade was a 2.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Douglas R. Bettinger sold 50,057 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $224.03, for a total value of $11,214,269.71. Following the completion of the transaction, the chief financial officer directly owned 1,081,705 shares of the company’s stock, valued at approximately $242,334,371.15. The trade was a 4.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 130,886 shares of company stock valued at $29,658,802. Corporate insiders own 0.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Argus boosted their target price on Lam Research from $175.00 to $280.00 in a report on Tuesday, February 3rd. Evercore set a $275.00 price objective on Lam Research in a research report on Thursday, January 29th. Morgan Stanley boosted their price objective on Lam Research from $244.00 to $254.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 25th. KeyCorp restated a “sector weight” rating on shares of Lam Research in a report on Thursday, January 29th. Finally, Rothschild & Co Redburn raised their target price on Lam Research from $225.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $245.35.

More Lam Research News

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

• Positive Sentiment: Large institutional/inflow signals cited as lifting the stock; an FXEmpire piece highlights persistent “outlier” inflows into LRCX that have historically correlated with sustained rallies. Outlier Inflows Push Lam Research Shares Higher
• Positive Sentiment: Jim Cramer publicly praised Lam as a “winner,” which can attract retail and momentum flows; media endorsement reinforces bullish sentiment following strong semiconductor results. Jim Cramer on Lam Research: “You’ve Got a Winner in Lam Research”
• Positive Sentiment: Company presentations (Cantor Fitzgerald conference) and analyst write-ups highlight a roughly $135B opportunity tied to AI-driven wafer demand and advanced-node complexity; that long-term TAM lifts investor expectations for revenue and margin expansion. Lam Research Corporation (LRCX) Eyes $135 billion Opportunity
• Positive Sentiment: Write-ups summarizing the company’s positioning note Lam’s advantage from growing chip complexity and R&D investments — a thematic endorsement that supports multiple-year growth expectations. Lam Research Corporation (LRCX) is Positioned to Benefit from Growing Chip Complexity
• Neutral Sentiment: Market coverage pieces note Lam’s strong Q4 (beat on EPS and revenue; solid margins and raised guidance) relative to peers — supportive but largely a reiteration of already reported results. Why the Market Dipped But Lam Research (LRCX) Gained Today
• Neutral Sentiment: Several short-interest notices for March show inconsistent/zero values (likely a data/reporting anomaly); this appears to be noise rather than a real increase in short activity. Investors should treat those reports cautiously.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of 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 buying an additional 364,949 shares during the period. State Street Corp raised its position in shares of Lam Research by 0.4% in the 3rd quarter. State Street Corp now owns 59,817,352 shares of the semiconductor company’s stock valued at $8,024,684,000 after acquiring an additional 265,805 shares during the period. JPMorgan Chase & Co. raised its position in shares of Lam Research by 14.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 40,622,437 shares of the semiconductor company’s stock valued at $3,954,188,000 after acquiring an additional 5,102,589 shares during the period. Geode Capital Management LLC boosted its stake in Lam Research by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 33,747,368 shares of the semiconductor company’s stock worth $5,764,117,000 after acquiring an additional 126,613 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in Lam Research by 7.7% during the 4th quarter. Invesco Ltd. now owns 22,821,354 shares of the semiconductor company’s stock worth $3,906,559,000 after acquiring an additional 1,638,406 shares during the last quarter. Institutional investors and hedge funds own 84.61% 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 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.