Lam Research (LRCX) CEO Timothy Archer Sells $7.1M of Stock

On October 23, 2026, Timothy Archer, the President and CEO of Lam Research Corporation (LRCX), sold 31,400 shares for about $7.1 million. The sale price was $227.02 per share, while the stock closed at $230.10 on the same day, according to a Form 4 filing with the SEC.

This transaction reduced Archer's ownership by 2.84%, leaving him with 1,075,966 shares. Archer's sale comes as the stock trades significantly below its 50-day and 200-day moving averages, which were $302.39 and $283.43, respectively. The company's shares also remain below their 52-week high of $438.50.

LRCX Lam Research Corporation

$230.10 ▲ +24.71% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Other Institutional Activity in Lam Research

Several other institutional investors have recently adjusted their positions in Lam Research. Annex Advisory Services increased its holdings by 112,156 shares, bringing its total to 113,371 shares worth about $37.2 million. Conversely, BSN Capital Partners closed out its position, selling all 133,172 shares. Wilmington Savings Fund Society reduced its stake by 10,242 shares, while Pinnacle Wealth Management cut its holdings by 2,944 shares.

Lam Research Corporation Stock Up 2.9%

As of October 26, 2026, Lam Research shares traded recently around $240.47, which is about 4.5% above the closing price of $230.10 on October 23. The stock is currently 45.2% below its 52-week high of $438.50, indicating a significant decline from its peak.

Recent Earnings

Lam Research reported trailing twelve-month revenue of approximately $26.1 billion and an EPS of $6.71. The next earnings report is expected on January 27, 2027, which will provide further insights into the company's performance and outlook.

Dividend

Lam Research pays an annual dividend of $1.32 per share, yielding about 0.57%. This reflects a payout ratio of 16.5%, indicating a sustainable dividend policy.

Insider Buying and Selling at Lam Research Corporation

In addition to Archer's recent sale, other insiders have also sold shares. Ava Harter sold 5,000 shares at $302.46, while Seshasayee Varadarajan sold 59,750 shares at $291.32. Timothy Archer himself sold 30,000 shares on September 9, 2026, at $319.26.

Analysts Set New Price Targets

On October 22, 2026, multiple analysts maintained their ratings on Lam Research. UBS kept a Buy rating with a target of $400, while Citigroup also maintained a Buy rating with a target of $435. Morgan Stanley rated it Overweight with a target of $339.

About Lam Research

Lam Research Corporation designs and manufactures semiconductor processing equipment used in making integrated circuits. The company operates globally, serving markets in the United States, Asia, and Europe, and is a significant player in the semiconductor equipment industry.

Bottom Line

Looking ahead, investors will be watching Lam Research's upcoming earnings report on January 27, 2027, for insights into its performance. The recent insider transactions, including Archer's sale, may reflect broader market sentiment regarding the company's future prospects.