Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Lam Research Corp shares valued at $9,907,200 were sold by Varadarajan Seshasayee on Feb 20 ’25. At $90.00 per share, Varadarajan Seshasayee sold 110,080 shares. The insider’s holdings dropped to 179,084 shares worth approximately $12.85 million following the completion of this transaction.
Also, Varadarajan Seshasayee purchased 110,080 shares, netting a total of over 9,907,200 in proceeds.
Before that, Mayer Bethany had sold 1,660 shares from its account. In a trade valued at $124,757, the Director traded Lam Research Corp shares for $75.16 each. Upon closing the transaction, the insider’s holdings decreased to 1,660 shares, worth approximately $2.08 million.
As published in a research note from TD Cowen on April 24, 2025, Lam Research Corp [LRCX] has been retained to a Buy and the price target has been revised to $100. As of February 20, 2025, Susquehanna has increased its “Neutral” rating to a “Positive” for LRCX. Earlier on January 30, 2025, Cantor Fitzgerald upgraded its rating. Their new recommendation was “an Overweight” for LRCX stock which previously was a “a Neutral”.
Analyzing LRCX Stock Performance
During the last five days, there has been a surge of approximately 1.17%. Over the course of the year, Lam Research Corp shares have dropped approximately -0.69%. Shares of the company reached a 52-week high of $91.72 on 02/20/25 and a 52-week low of $56.32 on 04/07/25. A 50-day SMA is recorded $73.21, while a 200-day SMA reached $77.72.
Support And Resistance Levels for Lam Research Corp (LRCX)
According to the 24-hour chart, there is a support level at 70.91, which, if violated, would cause prices to drop to 70.09. In the upper region, resistance lies at 73.04. The next price resistance is at 74.35. RSI (Relative Strength Index) is 53.62 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.33, which suggests the price will increase in the coming days. Percent R is at 14.53%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
