CFO of Lam Research Corp. (LRCX) Ernest E Maddock sells 25,000 shares of LRCX on 03/02/2011 at an average price of $56.65 a share.

Lam Research Corp. has a market cap of $7.18 billion; its shares were traded at around $58.39 with a P/E ratio of 11.1 and P/S ratio of 3.4.

Hedge Fund Gurus that owns LRCX: David Tepper of Appaloosa Management LP, Joel Greenblatt of Gotham Capital, Jim Simons of Renaissance Technologies LLC, Bruce Kovner of Caxton Associates, George Soros of Soros Fund Management LLC, Steven Cohen of SAC Capital Advisors. Mutual Fund and Other Gurus that owns LRCX: John Buckingham of Al Frank Asset Management, Inc., Chuck Royce of Royce& Associates, RS Investment Management, Pioneer Investments.

CFO Recent Trades:

• Sell: CFO Ernest E Maddock sold 3,050 shares of LRCX stock on 12/07/2010 at the average price of 50. Ernest E Maddock owns at least 42,591 shares after this. The price of the stock has increased by 16.78% since.

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: Senior Vice President Richard A Gottscho sold 48,835 shares of LRCX stock on 03/01/2011 at the average price of 55.26. Richard A Gottscho owns at least 60,276 shares after this. The price of the stock has increased by 5.66% since.
• Sell: Director Robert M Berdahl sold 32,948 shares of LRCX stock on 02/11/2011 at the average price of 53.7. Robert M Berdahl owns at least 7,950 shares after this. The price of the stock has increased by 8.73% since.
• Sell: Senior Vice President Richard A Gottscho sold 6,105 shares of LRCX stock on 01/31/2011 at the average price of 50. Richard A Gottscho owns at least 67,862 shares after this. The price of the stock has increased by 16.78% since.
• Sell: Vice President Thomas J Bondur sold 5,000 shares of LRCX stock on 12/14/2010 at the average price of 52.57. Thomas J Bondur owns at least 34,505 shares after this. The price of the stock has increased by 11.07% since.
• Sell: VP, Chief Legal Officer Sarah A O'dowd sold 3,213 shares of LRCX stock on 12/07/2010 at the average price of 50. Sarah A O'dowd owns at least 40,972 shares after this. The price of the stock has increased by 16.78% since.

For the complete insider trading history of LRCX, click here.

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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