Lam Research Corp (LRCX) President and CEO Timothy Archer Sold $5.7 million of Shares

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GuruFocus News
10/14/2020 11:15
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President and CEO of Lam Research Corp (30-Year Financial, Insider Trades) Timothy Archer (insider trades) sold 15,540 shares of LRCX on 10/12/2020 at an average price of $370 a share. The total sale was $5.7 million.

Lam Research Corp functions in the semiconductor industry. It develops and sells semiconductor processing systems that are used in the fabrication of integrated circuits. Lam Research Corp has a market cap of $54.25 billion; its shares were traded at around $373.88 with a P/E ratio of 24.70 and P/S ratio of 5.55. The dividend yield of Lam Research Corp stocks is 1.27%. Lam Research Corp had annual average EBITDA growth of 21.40% over the past ten years.

CEO Recent Trades:

  • President and CEO Timothy Archer sold 15,540 shares of LRCX stock on 10/12/2020 at the average price of $370. The price of the stock has increased by 1.05% since.

For the complete insider trading history of LRCX, click here

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