Lam Research CEO Timothy Archer sells $9 million in stock By Investing.com

Timothy Archer, President and CEO of Lam Research Corp. (), sold 30,000 shares of the company’s common stock on August 6, 2026, for a total value of $9,000,000. The shares were sold at a price of $300 per share. The stock has since climbed to $308.80, reflecting a remarkable 210% return over the past year.

This transaction was executed pursuant to a Rule 10b5-1 trading plan, which Mr. Archer adopted on February 24, 2026.

Concurrently, Mr. Archer acquired 30,000 shares of Lam Research common stock on the same date by exercising employee stock options. These options were exercised at a price of $30.033 per share, totaling $900,990. The stock options became exercisable in three equal installments on March 2, 2021, March 2, 2022, and March 2, 2023.

Following these reported transactions, Mr. Archer directly beneficially owns 1,075,966 shares of Lam Research common stock. This amount includes shares subject to unvested restricted stock units. Additionally, Mr. Archer holds indirect beneficial ownership of 48,025.72 shares through a 401(k) and 5,670.002 shares through a spouse’s 401(k). According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value, though the company maintains a perfect Piotroski Score of 9, indicating strong financial health.

In other recent news, Lam Research has announced record results for its fiscal Q4 2026, exceeding Wall Street’s expectations in both revenue and earnings. The company’s revenue reached $6.72 billion, surpassing the forecast of $6.65 billion. Additionally, Lam Research reported diluted earnings per share of $1.82, which was higher than the anticipated $1.68. This marks the fourth consecutive quarter of record revenue for Lam, with sales increasing 15% sequentially and 30% year-over-year. The company’s positive outlook for AI-driven semiconductor spending contributed to investor confidence. Analysts have taken note of Lam Research’s performance, though no specific upgrades or downgrades were mentioned in the recent reports. These developments highlight the company’s strong position in the market and its ability to meet and exceed financial expectations.

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