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Rep. Cleo Fields Buys Lam Research Corporation Stock
The Louisiana congressman disclosed a recent stock purchase in the semiconductor equipment maker.
Published on Feb. 27, 2026
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Representative Cleo Fields (Democratic-Louisiana) recently bought between $15,001 and $50,000 worth of shares in Lam Research Corporation (NASDAQ:LRCX), a global supplier of wafer fabrication equipment and services to the semiconductor industry. The trade was disclosed in a filing on February 24th and occurred in the Representative's 'MORGAN STANLEY – E*TRADE #2' account.
Why it matters
As a member of Congress, Representative Fields' stock trades are subject to disclosure requirements and public scrutiny. This purchase of Lam Research stock could signal the Representative's views on the semiconductor industry and the company's prospects.
The details
Lam Research Corporation is a major player in the semiconductor equipment market, providing critical technologies used in the manufacturing of advanced semiconductor devices. The company's stock has seen strong performance recently, with shares opening at $239.07 on Friday and trading near their 52-week high.
- Representative Fields disclosed the stock purchase in a filing on February 24, 2026.
- The trade occurred on February 3, 2026.
The players
Cleo Fields
A Democratic member of the U.S. House of Representatives, representing Louisiana's 6th Congressional District. He assumed office in January 2025 and is running for re-election in 2026.
Lam Research Corporation
A global supplier of wafer fabrication equipment and services to the semiconductor industry, headquartered in Fremont, California.
What’s next
The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.
The takeaway
As a member of Congress, Representative Fields' stock trades are closely watched, and this purchase of Lam Research stock could signal his views on the semiconductor industry and the company's prospects.
