Insider Cluster (2 insiders) ·Filed Sep 3, 2026

LRCX

LAM RESEARCH CORP
NEUTRAL
Impact 2/10
Horizonimmediate Processed28d 8h ago
Insider cluster: 2 insiders, $7.3M total
Actionable Insight • Neutral

The insider sales are too small relative to market cap to convey any directional signal. No trading action warranted. Monitor for any larger-scale insider activity or accompanying corporate events (earnings, guidance, M&A) that could provide context.

DirectionNeutral
Confidencehigh
Horizonimmediate
Latest settled — T+5d
LRCX ▲ +1.90% at T+5d
NEUTRAL call ✓ call won +1.90% · α vs SPY +3.05% · entry $292.66 → $298.22
Next anchor: T+20d due yesterday
Latest observation: T+17 +17.33% FF3 residual α
Entry anchored
Sep 2, 07:15 PM ET
via 1-min bar
T+1d
+5.12%
call +5.12% · α +5.51%
$307.65
settled 29d ago
T+5d
+1.90%
call +1.90% · α +3.05%
$298.22
settled 22d ago
T+20d
—
call — · α —
—
due yesterday
T+60d
—
call — · α —
—
in 8w

Price Chart

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Executive Summary

Two Lam Research insiders (Chief Legal Officer and Senior Vice President) sold a combined $7.34M in open-market sales over a 3-day window. The total represents only ~0.002% of the company's $360.8B market cap, making this cluster economically trivial and non-informative. Derivative exercises by the SVP were non-cash events and do not alter the analysis.

Key Financial Metrics

Direction
selling
Total Value
$7.3M
Insiders
2

Key Facts

  • Total open-market sales: $7.34M across 2 insiders
  • Sales represent ~0.002% of LRCX's $360.8B market cap
  • Chief Legal Officer sold 5,000 shares at $302.46 ($1.51M)
  • Senior VP sold 20,000 shares at $291.32 ($5.83M) alongside derivative exercises (non-cash)
  • No 10b5-1 plan pattern identified, but dollar amounts are immaterial

Financial Impact

Trivial — $7.34M in insider sales is negligible relative to $360.8B market cap

dilution

Risk Factors

  • Insider sales could be misinterpreted as bearish by retail traders
  • Future larger sales by C-suite could signal a change in outlook

Market Snapshot

Exchange
Nasdaq
Sector
Special Industry Machinery, NEC
Analyst Consensus
85% bullish (41 analysts)

Investment Themes

Semiconductors

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-LRCX-1788506529425
5 reports for LRCX
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for LRCX — sortable, filterable
TypeNow
Sep 10, 2026
21d ago
Insider Cluster
NEUTRAL ★ 2/10
$298.01 $269.31▼ −9.63%▼ −9.13%$347.00 (+16.44%)
Sep 10, 2026
21d ago
Insider Cluster
NEUTRAL ★ 2/10
$298.01 $269.31▼ −9.63%▼ −9.13%$347.00 (+16.44%)
Sep 3, 2026
29d ago
Insider Cluster
NEUTRAL ★ 2/10
$292.66 $298.22▲ +1.90%▲ +3.05%$347.00 (+18.57%)
Apr 27, 2026
22w ago
Insider Cluster
NEUTRAL ★ 2/10
$259.38 $258.20▼ −0.45%▼ −0.85%$347.00 (+33.78%)
Apr 22, 2026
23w ago
8-K
BULLISH ★ 8/10
$258.33 $248.75▼ −3.71%▼ −5.18%$347.00 (+34.33%)
Showing 5 of 5

US Market Status

Market Open — Closes in 4h 35m

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Report published Sep 4, 2026