Rep. David Taylor (R-OH) Sells Shares of Lam Research Corporation
David Taylor, a member of the House, sold Lam Research shares valued between $1,001 and $15,000.
Financial Disclosure Report
Clerk of the House of Representatives • Legislative Resource Center • B81 Cannon Building • Washington, DC 20515
Filer Information
- Name:
- Rep. David Taylor (R-OH)
- Status:
- Member — House
- State/District:
- OH-2
- Party:
- republican
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Jun 15, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| Lam Research Corporation ($LRCX) | Sell | Jun 5, 2026 | $1,001 - $15,000 |
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.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
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.
David Taylor vs. the S&P 500
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.
Lam Research Corporation Stock Up 27.8%
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.
$LRCX stock price
Daily closing prices, year to date. Not investment advice.
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.
Get Lam Research Corporation alerts
New 13F filings, insider trades, and analyst moves on $LRCX, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.