Lam Research (LRCX) Insider Buy Alert

Martin B Anstice, Chief Financial Officer (CFO) at Lam Reasearch (LRCX charts) just purchased half a million dollars of his company stock. Nobody should know the financial condition of a company better than its CFO. When a CFO buys a significant number of shares, people should pay attention.

Details:

• $250k = Value of I-Buy trade(s)
• 7.5k = Number of Shares
• $33.45 = Average Price Paid
• 2008-08-05 = Purchase Date
• 2008-08-05 = Filing Date
• 17:46:53 = SEC Arrival Time Stamp
  (Filing appears on SEC site 30-60 secs later)
  

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LRCX Information:

• More LRCX Charts
• $34.03 = Recent Stock Price (delayed)
• Market Capitalization at $34.49 per share: $4.30B
• 999k = Average Daily Volume
• 1.38 = Beta
• 7.50% = Short Interest
• 2.8 = Short Ratio (days)
• 10-Jul-08 = Date of Above Short Information

SEC Documents:

• Form Four Document (top link on page -- ".html"):
• SEC Main Page for Form 4 Filings

Click chart courtesy of www.secform4.com to see full size image

Insider buy and sell Table

Transaction & Date	Insider Relationship	Shares Traded	Average Price	Total Amount
2008-08-05 Purchase	Anstice Martin B (CFO)	7,480	$33.45	$250,240
2007-05-23 Sale	Watanabe Seiichi (Director)	7,000	$51.22	$358,561
2007-05-04 Sale	Gottscho Richard A (Vice President)	364	$54.93	$19,995
2007-04-20 Sale	INMAN GRANT M (Director)	30,000	$52.69	$1,580,586
2007-03-08 Sale	BERDAHL ROBERT M (Director)	2,300	$45.46	$104,564
2006-11-21 Sale	ARSCOTT DAVID G (Director)	54,000	$55.26	$2,984,110
2006-11-15 Sale	HARRIS JACK RAYMOND (Director)	36,000	$54.5	$1,961,860
2006-10-16 Sale	HARRIS JACK RAYMOND (Director)	36,000	$51.68	$1,860,530
2006-05-19 Sale	ARSCOTT DAVID G (Director)	9,182	$47.28	$434,163
2006-05-05 Sale	BERDAHL ROBERT M (Director)	2,000	$53.22	$106,434
2006-05-03 Sale	Hariri Abdi (Vice President)	1,500	$51.88	$77,820
2006-05-04 Sale	INMAN GRANT M (Director)	36,000	$52.93	$1,905,599

More SEC data at http://www.secform4.com

This purchase is significant because it is the first insider transaction in many years.

Disclaimer: I have been accumulating LRCX in my newsletter (testimonials) and personal portfolios since buying in 1998 at a fraction of the current price. In an attempt to increase my overall return, I plan to continue trading around this core position which has long ago become "house money."

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