The Chief Legal Officer & SVP of Lam Research is Exercising Options


Today it was reported that the Chief Legal Officer & SVP of Lam Research (LRCX), Sarah O’dowd, exercised options to sell 22,140 LRCX shares at $42.61 a share, for a total transaction value of $5.18M.

Following Sarah O’dowd’s last LRCX Sell transaction on September 09, 2019, the stock climbed by 4.5%.

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The company has a one-year high of $237.90 and a one-year low of $122.64. LRCX’s market cap is $33.95B and the company has a P/E ratio of 17.13.

The insider sentiment on Lam Research has been negative according to 51 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Sarah O’dowd’s trades have generated a 7.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Lam Research Corp. engages in manufacturing and servicing of wafer processing semiconductor manufacturing equipment. It operates through the following geographical segments: the United States, China, Europe, Japan, Korea, Southeast Asia, and Taiwan. It offers thin film deposition, plasma etch, photoresist strip, and wafer cleaning.

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