Insiders at Lam Research (LRCX) Make Significant Stock Sales Extends the Trend of Last Quarter

Friday, March 09, 2018 10:15 PM ET

Insiders at Lam Research (LRCX) Make Significant Stock Sales Extends the Trend of Last Quarter

A significant level of insider sales in Lam Research was disclosed in form 4 documents filed with the SEC today. Two insiders — Dr Patrick J Lord, Officer, and Sarah A O’Dowd, Officer — sold 6,491 shares in the company having a market value of approximately $1,377,965. There was one insider buy/sell transaction in the past 90 days prior to these transactions which resulted in the sale of 25,453 shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 31,944 shares and have averaged 10,648 shares per transaction over this time period.

Insiders at Lam Research have a higher number of buy/sell trades than the 24-peer company average over the last 90-day period. The Semiconductor Equipment & Testing peer group saw 41 buy/sell trades during this period for an average of 1.7 transactions per company. The number of shares per buy/sell trade for Lam Research insiders was also higher. Within the peer group there were 15,000 shares purchased and 349,528 shares sold with company insiders disposing of 8,159 shares on average.

The data sourced in evaluating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Today’s Insider Activity
* Dr Patrick J Lord, Officer, sold 4,656 shares
* Sarah A O’Dowd, Officer, sold 1,835 shares

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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