Sen. John Boozman Sells Off Shares of Lam Research Corporation (NASDAQ:LRCX)

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Senator John Boozman (R-Arkansas) sold between $1,001 and $15,000 worth of Lam Research (LRCX) stock on January 8th, among other recent buy and sell transactions in late January. Despite individual insider selling, Lam Research reported strong Q4 results, beating EPS and revenue expectations, and analysts maintain a “Moderate Buy” rating with an average target price near $244.88 for the semiconductor company. Another insider, Director Eric Brandt, also sold a significant portion of his holdings.

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