Large Inflow of Money Detected in Lam Research Corporation

Lam Research Corporation (LRCX) : The money flow analysis of Lam Research Corporation (LRCX) indicates a $37.84 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $46.08 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.22 and so was the total money flow at $8.24 million. A solid up-down ratio of 3.78 in block trades indicates that the investors are accumulating the stock on weakness. The bulls lapped up $16.33 million worth of block trades on upticks. Only $4.32 million worth of the stock exchanged hands on downticks. The money flow was $12 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Lam Research Corporation (LRCX), pushing it down by -0.81% for the day. The stock slid $0.72 and traded at $87.9 during the day. Nonetheless, the stock is 3.56% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 4.81% and the 50-Day Moving Average is 9.06%. Shares have rallied 8.12% from its 1 Year high price. On Jun 23, 2016, the shares registered one year high at $87.19 and the one year low was seen on Sep 24, 2015. The 50-Day Moving Average price is $82.71 and the 200 Day Moving Average price is recorded at $77.02.

Lam Research Corporation (NASDAQ:LRCX): The stock opened at $89.51 on Thursday but the bulls could not build on the opening and the stock topped out at $89.75 for the day. The stock traded down to $87.82 during the day, due to lack of any buying support eventually closed down at $87.88 with a loss of -0.84% for the day. The stock had closed at $88.62 on the previous day. The total traded volume was 2,462,797 shares.

In an insider trading activity, The Securities and Exchange Commission has divulged that Anstice Martin B, officer (President and CEO) of Lam Research Corp, had unloaded 7,948 shares at an average price of $73.9 in a transaction dated on October 26, 2015. The total value of the transaction was worth $587,357.

Lam Research Corporation (Lam Research) is a supplier of wafer fabrication equipment and services to the semiconductor industry. The Companys products are used primarily in front-end wafer processing, which involves the steps that create the active components of a device and their wiring. It also addresses processes for back-end wafer-level packaging (WLP). In addition, its products are offered for related markets that rely on semiconductor processes and require production-proven manufacturing capability, such as micro-electromechanical systems (MEMS). Its thin film deposition systems form a devices sub-microscopic layers of conducting (metal) or insulating (dielectric) materials. It is a provider of plasma etch, a process step that selectively removes materials from the wafer to create the features and patterns of a device. Its wet spin clean and plasma-based bevel clean products remove particles, residues and film from the wafer surface before or after adjacent processes.

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