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

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 Prologis (NYSE:PLD) 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 Marathon Petroleum (NYSE:MPC) on 8/14/2025.
• Purchased $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 8/14/2025.
• Sold $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 8/13/2025.

Lam Research Stock Down 1.1%

LRCX stock opened at $141.00 on Friday. Lam Research Corporation has a fifty-two week low of $56.32 and a fifty-two week high of $153.70. The business’s 50-day moving average is $114.10 and its two-hundred day moving average is $94.09. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.55 and a current ratio of 2.21. The company has a market cap of $177.81 billion, a price-to-earnings ratio of 33.89, a P/E/G ratio of 1.74 and a beta of 1.84.

Lam Research (NASDAQ:LRCX) last posted its earnings results on Wednesday, July 30th. The semiconductor company reported $1.33 earnings per share 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 for the quarter, compared to the consensus estimate of $4.99 billion. During the same quarter in the prior year, the company earned $1.03 earnings per share. Lam Research’s revenue was up 33.6% on a year-over-year basis. Lam Research has set its Q1 2026 guidance at 1.100-1.300 EPS. As a group, analysts forecast that Lam Research Corporation will post 3.71 earnings per share for the current year.

Lam Research Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Wednesday, September 24th will be issued a $0.26 dividend. This is a positive change from Lam Research’s previous quarterly dividend of $0.23. This represents a $1.04 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, September 24th. Lam Research’s dividend payout ratio is currently 25.00%.

Institutional Trading of Lam Research

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

Analysts Set New Price Targets

A number of research firms have weighed in on LRCX. Deutsche Bank Aktiengesellschaft raised Lam Research from a “hold” rating to a “buy” rating and increased their target price for the company from $100.00 to $150.00 in a report on Monday, September 29th. KeyCorp increased their target price on Lam Research from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Tuesday, July 15th. Mizuho upped their price target on Lam Research from $120.00 to $130.00 and gave the stock an “outperform” rating in a research report on Friday, September 12th. Oppenheimer upped their price target on Lam Research from $110.00 to $120.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Finally, UBS Group upped their price target on Lam Research from $95.00 to $120.00 and gave the stock a “buy” rating in a research report on Monday, July 21st. Twenty-three research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Lam Research has an average rating of “Moderate Buy” and an average price target of $121.00.

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 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.