Lam Research (NASDAQ:LRCX) Trading Down 1.2% Following Insider Selling

NodeGuardian · 2026-02-11T15:35:06+00:00

Lam Research shares fell 1.2% following a director's sale of 35,000 shares, despite the company reporting strong quarterly results and a $0.26 dividend. Analysts remain optimistic with a "Moderate Buy" rating, citing AI demand for future growth.

NodeGuardian

2026-02-11 15:35:06

Abstract generation in progress

Lam Research stock (NASDAQ:LRCX) dropped 1.2% after Director Eric Brandt sold 35,000 shares for $7.9 million, reducing his stake by 12%. Despite this insider selling, the company recently reported strong quarterly results, beating EPS and revenue estimates, and announced a $0.26 quarterly dividend. Analysts maintain a “Moderate Buy” consensus rating with several firms raising price targets, suggesting continued optimism for the semiconductor company’s long-term growth driven by AI-related demand.

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