Weekly Top Insider Sells
According to GuruFocus Insider Data, these are the largest insider sells during the past week. The overall trend of insiders is illustrated in the chart below:
Lam Research Corporation (LRCX): COO Timothy Archer sold 155,000 Shares
COO of Lam Research Corporation (LRCX) Timothy Archer sold 155,000 shares on July 12 at an average price of $50.59.
Lam Research Corporation was incorporated in 1980 in Delaware. Lam Research Corporation has a market cap of $8.12 billion; its shares were traded at around $50.59 with a P/E ratio of 178.57 and P/S ratio of 2.47.
On April 24, 2013, Lam Research Corp. announced financial results for the quarter ended March 31, 2013. Reported revenue of $844.9 million for the March 2013 quarter, down 2% from the prior quarter. Reported GAAP gross margin of 40.2%, GAAP operating margin of 1.3% and GAAP diluted EPS of $0.11. Delivered non-GAAP gross margin of 43.9%, non-GAAP operating margin of 8.8%, and non-GAAP EPS of $0.44
Director Christine Heckart sold 109 shares of LRCX stock on 05/20/2013 at the average price of 47.83. Christine Heckart owns at least 12,634 shares after this. The price of the stock has increased by 5.77% since.
For the complete list of stocks that bought/sold by their company executives, go to: Insider Buys.