Shares of Lam Research Corporation (LRCX) Sees Large Inflow of Net Money Flow

Lam Research Corporation (LRCX) : $27.37 million worth of transactions were on upticks in Lam Research Corporation (LRCX), compared to $24.5 million on downticks. The ratio between the two was 1.12, whereas, the net money flow stood at a healthy $2.87 million on Fridays session. The consistent buying on upticks in the stock accounted for $4.25million worth of trades. The total money flow into the stock stood at $4.25 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.29%. The stock was trading at $94.36, with a drop of $0.27 over the previous days close. The stock recorded 0.59% for the week.


The company Insiders own 0.43% of Lam Research Corporation shares according to the proxy statements.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (President and CEO) of Lam Research Corp, Anstice Martin B had sold 7,948 shares worth of $587,357 in a transaction dated October 26, 2015. In this transaction, 7,948 shares were sold at $73.9 per share.

Lam Research Corporation (NASDAQ:LRCX): stock was range-bound between the intraday low of $93.69 and the intraday high of $95.41 after having opened at $95.24 on Fridays session. The stock finally closed in the red at $95.24, a loss of -0.29%. The stock remained in the red for the whole trading day. The total traded volume was 1,620,047 shares. The stock failed to cross $95.41 in Fridays trading. The stocks closing price on Thursday was $94.63.

Lam Research Corporation (LRCX) : Traders are bullish on Lam Research Corporation (LRCX) as it has outperformed the S&P 500 by a wide margin of 1.32% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.08%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.59% in the last 1 week, and is up 1.19% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

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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