David Taylor Sells Shares of Lam Research Corporation

David Taylor, a member of the House, sold Lam Research shares valued between $1,001 and $15,000.

Written by Trueearnings · Published Jun 15, 2026, 10:01 AM EDT · Updated Jun 15, 2026, 3:02 PM EDT

Key Points

David Taylor, a member of the House, sold shares of Lam Research valued between $1,001 and $15,000 on June 5, 2026.
Lam Research Corporation, listed on NasdaqGS under LRCX, has a market cap of $458.7 billion and a P/E ratio of 69.47.
Insider and institutional activities show varied movements, with Neil Fernandes selling shares and firms like BlackRock reducing holdings.

Congressional trading track record

David Taylor vs. the S&P 500

YTD return -1.3% hypothetical

All-time return +5.0% S&P 500 +11.2%

vs. S&P 500 -6.1% behind the index

Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.

On June 5, 2026, David Taylor, a member of the U.S. House of Representatives, sold shares of Lam Research Corporation (NasdaqGS: LRCX). The transaction was valued between $1,001 and $15,000, according to a disclosure filed on June 15, 2026.

Lam Research Stock Snapshot

Shares of Lam Research traded at $366.81. The company, which operates in the semiconductor equipment and materials industry, boasts a market capitalization of approximately $458.7 billion. It has a P/E ratio of 69.47 and a forward P/E of 46.04, indicating investor expectations for future earnings. The stock's 52-week range is between $87.75 and $373.82. Lam Research maintains a current ratio of 2.54 and a quick ratio of 1.70, reflecting its ability to meet short-term obligations.

Recent Earnings

Lam Research reported revenue of $21.68 billion, with a growth rate of 23.8%. The company's net margin stands at 30.9%, and it boasts a return on equity of 66.76%. Earnings per share came in at $5.28. The next earnings report is expected on July 29, 2026.

Insider Buying and Selling at Lam Research Corporation

Several insiders have been active in trading Lam Research shares. Neil Fernandes, Senior Vice President, sold 7,659 shares on June 1, 2026, at an average price of $309.60 under a pre-arranged trading plan. Earlier, on May 1, 2026, Fernandes sold 18,170 shares at $255.14. Ava Harter, Chief Legal Officer, also sold and bought shares on April 27, 2026, with sales at $258.66 and purchases at $77.04.

Analysts Set New Price Targets

Analysts have been active with their evaluations. On June 11, 2026, Barclays maintained a hold rating with a $335 target. Cantor Fitzgerald, on June 10, reaffirmed its buy rating with a $425 target. UBS also maintained a buy rating on June 9, setting a target of $375. Overall, the consensus among 32 analysts remains a "buy," with a mean price target of $323.38.

About Lam Research

Lam Research Corporation, based in Fremont, California, designs and manufactures semiconductor processing equipment used in the fabrication of integrated circuits. The company serves a global market, including the United States, Asia, and Europe. Led by CEO Timothy M. Archer, Lam Research employs about 20,600 people and is known for its innovation in semiconductor equipment.

Bottom Line

David Taylor's recent sale of Lam Research shares is part of routine disclosures by members of Congress. While this filing provides a snapshot of past activity, it may not reflect Taylor's current holdings. Investors often watch these transactions for potential insights, but it's important to remember that these are backward-looking disclosures.