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EdgarHawk

Bettinger Douglas R

Chief Financial Officer & EVP

Officer
3 filings analyzed · 1 company · Latest 2026-03-05

Companies

Company Buys Sells Direction
LAM RESEARCH CORP LRCX 0 8 Net selling

Activity

March 2026
2026-03-05 LAM RESEARCH CORP LRCX
medium
Sell
50,057 shares
$11,214,270
Significance 5/10

CFO Bettinger sells 50,057 shares of LRCX at $224.03 for $11.2M; stock now down 14.0% from 52-week high.

Bettinger, as Chief Financial Officer, sold 50,057 shares on 2026-03-04 at $224.03, reducing his holdings by 4.4% to 1,081,705 shares. The stock has declined 14.0% from its 52-week high of $249.48 and is currently trading at $214.68, down 6.7% over the past 30 days despite a strong 35.3% gain over 90 days. At Lam Research, a company with robust fundamentals ($5.3B revenue, +23.7% annual growth, $1.6B net income), Bettinger's prior two measurable sales showed divergent outcomes: the November 2025 sale preceded a +53.6% 90-day rally, while the August 2023 sale preceded a -91.0% decline. His cross-ticker track record shows only 50% well-timed sales at the 90-day mark with a -18.7% average 90-day return, suggesting mixed timing acuity. The current sale's significance depends on whether it signals conviction about near-term headwinds or reflects ongoing portfolio management.

2026-03-03 LAM RESEARCH CORP LRCX
medium
Sell
40,329 shares
$9,284,542
Significance 5/10

CFO Bettinger sells 40,329 shares of LRCX at $230.22; stock down 12.9% from 52-week high since transaction.

On 2026-03-02, Douglas R Bettinger, Chief Financial Officer & EVP of Lam Research Corp (LRCX), sold 40,329 shares at $230.22, reducing holdings from 1,094,341 to 1,054,012 shares. The sale occurred near the 52-week high of $249.48; the stock has since declined to $217.27 (−12.9% from peak, −6.9% over 30 days) and is trading below the transaction price. Bettinger's cross-ticker track record shows 2 prior sells with a 90-day well-timed rate of 50.00%, while at LRCX specifically, his prior two sales (Nov 2025, Aug 2023) show mixed outcomes: one gained 53.6% at 90 days (poorly timed), the other fell 91.0% (well-timed). The fundamental backdrop shows strong growth (revenue +23.7% YoY, net income $1.6B on $5.3B quarterly revenue) but an elevated valuation (P/E 43.63). No scheduled trading plan is disclosed, suggesting this was a discretionary decision.

November 2025
2025-11-17 LAM RESEARCH CORP LRCX
medium
Sell
40,080 shares
$6,036,048
Significance 5/10

CFO Bettinger sold 40,080 LRCX shares at $150.60; holds 987,237 post-sale. Prior LRCX sell 2023 was well-timed at 90d.

Bettinger, CFO & EVP, sold 40,080 shares for $6,036,048.00, reducing holdings by 3.9% to 987,237 shares. His prior sale at LRCX on 2023-08-07 showed a 90-day return of -91.0%, demonstrating well-timed execution; his cross-ticker track record shows a 90d well-timed rate of 100.00% across 1 prior sell. The current price of $147.46 is -11.4% from the 52-week high of $166.37, but the 90-day change is +47.0%, reflecting recent strength. The company's fundamentals remain solid with annual revenue growth of +23.7%, net income of $1,568,660,000.00, and a P/E of 31.85. The timing and magnitude of this sale, set against the insider's historical pattern of well-timed exits, warrant monitoring alongside LRCX's elevated valuation relative to broader market context.

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