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22 January
Lobbying Update: $80,000 of LAM RESEARCH CORPORATION lobbying was just disclosed

$80,000 of LAM RESEARCH CORPORATION lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.

This included lobbying on issues like:

"Issues related to CHIPS Act and Semiconductor Policy
Tax Reform Policy
FY 2024 National Defense Authorization Act; Issues related to CHIPS Act and Semiconductor Policy
Issues related to export controls, trade enforcement and CFIUS modernization
General issues related to semiconductor development and advanced manufacturing technology."

You can find more data on corporate lobbying on Quiver Quantitative.

LRCX Congressional Stock Trading

Members of Congress have traded $LRCX stock 11 times in the past 6 months. Of those trades, 3 have been purchases and 8 have been sales.

Here’s a breakdown of recent trading of $LRCX stock by members of Congress over the last 6 months:

  • SENATOR SHELDON WHITEHOUSE sold up to $50,000 on 12/19.
  • REPRESENTATIVE MARJORIE TAYLOR GREENE has traded it 3 times. They made 3 purchases worth up to $45,000 on 11/25, 10/04, 09/20 and 0 sales.
  • REPRESENTATIVE JOSH GOTTHEIMER has traded it 3 times. They made 0 purchases and 3 sales worth up to $45,000 on 10/22, 10/17, 09/23.
  • REPRESENTATIVE JOHN JAMES has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 09/04, 07/30.
  • REPRESENTATIVE JONATHAN L. JACKSON sold up to $50,000 on 08/26.
  • SENATOR JOHN BOOZMAN sold up to $15,000 on 07/26.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

LRCX Insider Trading Activity

LRCX insiders have traded $LRCX stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $LRCX stock by insiders over the last 6 months:

  • CHRISTINA CORREIA (CVP , Chief Accounting Officer) sold 647 shares for an estimated $528,928
  • BETHANY MAYER sold 1,660 shares for an estimated $124,757

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

LRCX Hedge Fund Activity

We have seen 485 institutional investors add shares of LRCX stock to their portfolio, and 904 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

  • PRICE T ROWE ASSOCIATES INC /MD/ removed 24,832,090 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $2,026,497,200
  • MORGAN STANLEY removed 18,451,412 shares (-89.8%) from their portfolio in Q3 2024, for an estimated $1,505,782,830
  • JANUS HENDERSON GROUP PLC removed 18,277,840 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $1,491,617,966
  • NORGES BANK removed 18,133,350 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $1,479,826,426
  • AMUNDI removed 12,616,070 shares (-99.6%) from their portfolio in Q3 2024, for an estimated $1,029,572,240
  • NUVEEN ASSET MANAGEMENT, LLC removed 11,654,871 shares (-90.5%) from their portfolio in Q3 2024, for an estimated $951,130,712
  • VAN ECK ASSOCIATES CORP removed 10,758,930 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $878,014,759

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information.

This article was originally published on Quiver News, read the full story.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.