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.