Senator Sheldon Whitehouse reported the sale of shares in Lam Research Corp (LRCX), valued between $15,000 and $50,000, through his spouse's account on August 27, 2025. The transaction was filed on September 2, 2025, which complies with the STOCK Act's requirement to disclose stock transactions within 30 days.
Lam Research, headquartered in Fremont, California, is a key player in the semiconductor industry, specializing in the design and manufacture of processing equipment used in the fabrication of integrated circuits. The company employs approximately 19,000 people and serves a diverse customer base, including semiconductor memory manufacturers and integrated device makers.
The move underscores the importance of transparency in congressional trading activities. While such transactions are legal when disclosed, they serve as one of many data points for investors. Research has shown mixed results regarding the predictive value of congressional trading on stock performance, with some studies indicating slight outperformance of congressional portfolios.
As of November 18, 2025, Lam Research boasts a market capitalization of $185.2 billion, a P/E ratio of 31.88, and an EPS of 4.54. Upcoming earnings are scheduled for April 20, 2026, with an expected EPS of $1.20 and revenue of $5.4 billion, followed by another report on July 27, 2026, with an EPS estimate of $1.25 and revenue of $5.5 billion.
Investors interested in congressional trading patterns should examine broader trends across multiple representatives and sectors rather than focusing on individual transactions.