CFO of Lam Research Corp. (LRCX) Ernest E Maddock sells 3,050 shares of LRCX on 12/07/2010 at an average price of $50 a share.

Lam Research Corp. has a market cap of $6.11 billion; its shares were traded at around $49.72 with a P/E ratio of 12.4 and P/S ratio of 2.9.

LRCX is in the portfolios of David Tepper of APPALOOSA MANAGEMENT LP, John Buckingham of Al Frank Asset Management, Inc., Chuck Royce of Royce& Associates, Bruce Kovner of Caxton Associates, RS Investment Management, George Soros of Soros Fund Management LLC, Pioneer Investments, Jim Simons of Renaissance Technologies LLC, Richard Pzena of Pzena Investment Management LLC, Steven Cohen of SAC Capital Advisors.


This is the insider trade history vs. stock price of LRCX. For the complete insider trading history of LRCX, click here.

Directors and Officers Recent Trades:

• Sell: Director David G Arscott sold 12,000 shares of LRCX stock on 11/05/2010 at the average price of 47.85. David G Arscott owns at least 60,733 shares after this. The price of the stock has increased by 3.91% since.


• Sell: Vice President Richard A Gottscho sold 5,945 shares of LRCX stock on 11/04/2010 at the average price of 47.9. Richard A Gottscho owns at least 75,688 shares after this. The price of the stock has increased by 3.8% since.


• Sell: COO Martin B Anstice sold 11,959 shares of LRCX stock on 11/02/2010 at the average price of 45.85. Martin B Anstice owns at least 54,795 shares after this. The price of the stock has increased by 8.44% since.


• Sell: VP, Chief Legal Officer Sarah A O'dowd sold 7,207 shares of LRCX stock on 10/28/2010 at the average price of 44.76. Sarah A O'dowd owns at least 44,185 shares after this. The price of the stock has increased by 11.08% since.


• Sell: COO Martin B Anstice sold 2,849 shares of LRCX stock on 10/26/2010 at the average price of 44.58. Martin B Anstice owns at least 66,754 shares after this. The price of the stock has increased by 11.53% since.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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