InsiderTrades.com logo
Forget the “Magnificent 7” Tech Companies, Buy This AI Stock Instead
From Banyan Hill Publishing   |   Ad
The AI boom continues to snowball with no signs of slowing... Google CEO, Sundar Pichai, made waves during a recent call with analysts, reminding them that the search engine company has been “AI first” since 2016.
Get the full story here.

LRCX Insider Trading

Insider Ownership Percentage: 0.32%
Insider Buying (Last 12 Months): $0.00
Insider Selling (Last 12 Months): $45,834,008.11

Lam Research Insider Trading History Chart

This chart shows the insider buying and selling history at Lam Research by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Lam Research Share Price & Price History

Current Price: $912.07
Price Change: ▼ Price Decrease of -30.83 (-3.27%)
As of 05/17/2024 01:00 AM ET

This chart shows the closing price history over time for LRCX up to the past year.

Skip Chart and Table DataPrice Data in Insider Trading History Table
Days: 30 | 90 | 365
Forget the “Magnificent 7” Tech Companies, Buy This AI Stock Instead
From Banyan Hill Publishing   |   Ad
The AI boom continues to snowball with no signs of slowing... Google CEO, Sundar Pichai, made waves during a recent call with analysts, reminding them that the search engine company has been “AI first” since 2016.
Get the full story here.

Lam Research Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/3/2024George M. SchislerInsiderSell400$908.21$363,284.005,661View SEC Filing Icon  
4/29/2024Patrick J LordEVPSell60$921.54$55,292.404,454View SEC Filing Icon  
4/1/2024Abhijit Y. TalwalkarDirectorSell882$972.03$857,330.4610,541View SEC Filing Icon  
4/1/2024Christina CorrreiaCAOSell647$972.03$628,903.415,541View SEC Filing Icon  
3/18/2024Seshasayee VaradarajanSVPSell5,500$922.41$5,073,255.0022,095View SEC Filing Icon  
1/3/2024Ava HahnSVPSell2,342$732.00$1,714,344.003,433View SEC Filing Icon  
1/3/2024Timothy M. ArcherCEOSell10,524$732.00$7,703,568.0086,449View SEC Filing Icon  
1/2/2024Abhijit Y. TalwalkarDirectorSell882$768.75$678,037.5011,604View SEC Filing Icon  
1/2/2024Christina CorrreiaCAOSell647$768.75$497,381.255,492View SEC Filing Icon  
12/14/2023Patrick J LordEVPSell2,128$750.09$1,596,191.526,201View SEC Filing Icon  
12/11/2023Timothy M. ArcherCEOSell8,500$710.24$6,037,040.0086,449View SEC Filing Icon  
11/22/2023Patrick J LordEVPSell1,846$725.00$1,338,350.006,201View SEC Filing Icon  
11/20/2023Patrick J LordEVPSell1,845$708.33$1,306,868.858,047View SEC Filing Icon  
11/16/2023Patrick J LordEVPSell2,832$700.00$1,982,400.009,892View SEC Filing Icon  
11/14/2023Patrick J LordEVPSell1,845$691.67$1,276,131.159,892View SEC Filing Icon  
11/10/2023Patrick J LordEVPSell1,845$675.00$1,245,375.0011,737View SEC Filing Icon  
10/2/2023Abhijit Y. TalwalkarDirectorSell882$627.75$553,675.5012,117View SEC Filing Icon  
8/7/2023Douglas R. BettingerCFOSell1,894$705.86$1,336,898.8496,713View SEC Filing Icon  
8/1/2023Christina CorrreiaCAOSell1,627$708.85$1,153,298.956,109View SEC Filing Icon  
8/1/2023Vahid VahediSVPSell13,756$717.46$9,869,379.7626,483View SEC Filing Icon  
7/3/2023Abhijit Y. TalwalkarDirectorSell882$642.86$567,002.5212,999View SEC Filing Icon  
4/3/2023Abhijit Y. TalwalkarDirectorSell881$524.09$461,723.2913,881View SEC Filing Icon  
1/3/2023Abhijit Y. TalwalkarDirectorSell880$429.72$378,153.6014,762View SEC Filing Icon  
12/21/2022Richard A GottschoEVPSell3,540$450.00$1,593,000.0026,672View SEC Filing Icon  
11/9/2022Sohail U. AhmedDirectorSell0$432.71$0.002,131View SEC Filing Icon  
4/26/2022Catherine P. LegoDirectorBuy1,736$460.35$799,167.6049,991View SEC Filing Icon  
4/1/2022Scott Gerald MeikleSVPSell700$541.22$378,854.0020,425View SEC Filing Icon  
3/3/2022Richard A GottschoEVPSell537$560.50$300,988.50View SEC Filing Icon  
2/1/2022Scott Gerald MeikleSVPSell700$590.00$413,000.00View SEC Filing Icon  
1/13/2022Seshasayee VaradarajanSVPSell10,000$712.50$7,125,000.00View SEC Filing Icon  
12/15/2021Scott Gerald MeikleSVPSell500$680.00$340,000.00View SEC Filing Icon  
12/1/2021Timothy M. ArcherCEOSell4,383$700.00$3,068,100.00View SEC Filing Icon  
11/29/2021Timothy M. ArcherCEOSell11,329$675.00$7,647,075.00View SEC Filing Icon  
11/19/2021Timothy M. ArcherCEOSell4,691$650.00$3,049,150.00View SEC Filing Icon  
11/5/2021Vahid VahediSVPSell8,357$608.07$5,081,640.99View SEC Filing Icon  
10/25/2021Douglas R. BettingerCFOSell5,295$555.21$2,939,836.95View SEC Filing Icon  
9/15/2021Scott Gerald MeikleSVPSell500$603.79$301,895.00View SEC Filing Icon  
8/27/2021Timothy M. ArcherCEOSell4,464$600.00$2,678,400.00View SEC Filing Icon  
6/15/2021Scott Gerald MeikleSVPSell500$646.92$323,460.00View SEC Filing Icon  
6/14/2021Timothy M. ArcherCEOSell5,000$650.00$3,250,000.00View SEC Filing Icon  
6/10/2021Timothy M. ArcherCEOSell5,000$634.23$3,171,150.00View SEC Filing Icon  
See Full Table
Forget the “Magnificent 7” Tech Companies, Buy This AI Stock Instead
From Banyan Hill Publishing   |   Ad
The AI boom continues to snowball with no signs of slowing... Google CEO, Sundar Pichai, made waves during a recent call with analysts, reminding them that the search engine company has been “AI first” since 2016.
Get the full story here.

SEC Filings (Institutional Ownership Changes) for Lam Research (NASDAQ:LRCX)

84.61% of Lam Research stock is owned by institutions. Institutional ownership can be a sign of analyst confidence in the fundamentals of the stock.

Institutional Buying and Selling by Quarter

This chart shows the instiutional buying and selling at LRCX by year and by quarter.

Skip Institutional Buying and Selling Chart and Table DataRead Chart Data in Institutional Trading History Table

Lam Research Institutional Trading History

Reporting DateHedge FundShares HeldMarket Value% of PortfolioQuarterly Change in SharesOwnership in CompanyDetails
5/17/2024Wahed Invest LLC2,615$2.54M0.6%+17.4%0.002%Search for SEC Filing on Google Icon
5/17/2024Citizens Financial Group Inc. RI466$0.45M0.0%-5.1%0.000%Search for SEC Filing on Google Icon
5/17/2024CCM Investment Advisers LLC4,911$4.77M0.6%-20.5%0.004%Search for SEC Filing on Google Icon
5/17/2024Advisory Resource Group660$0.64M0.1%-87.0%0.001%Search for SEC Filing on Google Icon
5/17/2024Kozak & Associates Inc.339$0.32M0.1%+89.4%0.000%Search for SEC Filing on Google Icon
5/17/2024New Covenant Trust Company N.A.74$72K0.1%N/A0.000%Search for SEC Filing on Google Icon
5/17/2024Plato Investment Management Ltd4,925$4.79M0.5%+611.7%0.004%Search for SEC Filing on Google Icon
5/17/2024iA Global Asset Management Inc.17,335$16.84M0.2%+1.1%0.013%Search for SEC Filing on Google Icon
5/17/2024LBP AM SA1,918$1.86M0.1%-80.8%0.001%Search for SEC Filing on Google Icon
5/17/2024Tandem Capital Management Corp ADV510$0.50M0.3%+5.2%0.000%Search for SEC Filing on Google Icon
5/17/2024Jaffetilchin Investment Partners LLC218$0.21M0.0%N/A0.000%Search for SEC Filing on Google Icon
5/17/2024Comerica Bank36,384$35.35M0.2%-3.8%0.028%Search for SEC Filing on Google Icon
5/17/2024Castleark Management LLC54,202$52.66M2.2%+2.7%0.041%Search for SEC Filing on Google Icon
5/17/2024Tidal Investments LLC6,205$6.03M0.1%+13.7%0.005%Search for SEC Filing on Google Icon
5/17/2024Motley Fool Asset Management LLC4,361$4.24M0.3%+11.1%0.003%Search for SEC Filing on Google Icon
5/16/2024Redwood Investment Management LLC1,766$1.72M0.2%-1.7%0.001%Search for SEC Filing on Google Icon
5/16/2024California State Teachers Retirement System216,333$210.18M0.3%+0.7%0.165%Search for SEC Filing on Google Icon
5/16/2024Global Financial Private Client LLC922$0.91M0.4%-12.9%0.001%Search for SEC Filing on Google Icon
5/16/2024Meiji Yasuda Life Insurance Co2,067$2.01M0.0%-74.2%0.002%Search for SEC Filing on Google Icon
5/16/2024B. Riley Wealth Advisors Inc.22,686$22.04M0.5%-6.1%0.017%Search for SEC Filing on Google Icon
5/16/2024Dynasty Wealth Management LLC762$0.74M0.0%N/A0.001%Search for SEC Filing on Google Icon
5/16/2024Janus Henderson Group PLC1,949,319$1.89B1.0%-12.7%1.491%Search for SEC Filing on Google Icon
5/16/2024Bayesian Capital Management LP5,363$5.21M0.5%N/A0.004%Search for SEC Filing on Google Icon
5/16/2024Benchmark Investment Advisors LLC2,939$2.86M2.3%+910.0%0.002%Search for SEC Filing on Google Icon
5/16/2024Captrust Financial Advisors108,631$105.54M0.3%-16.2%0.083%Search for SEC Filing on Google Icon
5/16/2024Zurich Insurance Group Ltd FI79,048$76.80M0.7%+1,782.1%0.060%Search for SEC Filing on Google Icon
5/16/2024Caxton Associates LP552$0.54M0.0%-71.0%0.000%Search for SEC Filing on Google Icon
5/15/2024SVB Wealth LLC1,923$1.87M0.0%-4.6%0.001%Search for SEC Filing on Google Icon
5/15/2024Mount Yale Investment Advisors LLC304$0.30M0.0%-28.6%0.000%Search for SEC Filing on Google Icon
5/15/2024Public Employees Retirement System of Ohio66,402$64.51M0.3%-5.2%0.051%Search for SEC Filing on Google Icon
5/15/2024Public Employees Retirement Association of Colorado18,796$18.26M0.1%-5.5%0.014%Search for SEC Filing on Google Icon
5/15/2024Bamco Inc. NY11,790$11.46M0.0%+14.5%0.009%Search for SEC Filing on Google Icon
5/15/2024Kentucky Retirement Systems Insurance Trust Fund4,326$4.20M0.3%-7.9%0.003%Search for SEC Filing on Google Icon
5/15/2024Kentucky Retirement Systems9,956$9.67M0.3%-5.6%0.008%Search for SEC Filing on Google Icon
5/15/2024Price T Rowe Associates Inc. MD2,959,151$2.88B0.4%+5.1%2.263%Search for SEC Filing on Google Icon
5/15/2024BOKF NA8,148$8M0.1%+2.7%0.006%Search for SEC Filing on Google Icon
5/15/2024Lazard Asset Management LLC29,328$28.49M0.0%+0.4%0.022%Search for SEC Filing on Google Icon
5/15/2024Epoch Investment Partners Inc.165,134$160.44M0.7%+14.5%0.126%Search for SEC Filing on Google Icon
5/15/2024LRI Investments LLC318$0.29M0.0%N/A0.000%Search for SEC Filing on Google Icon
5/15/20241832 Asset Management L.P.7,821$7.60M0.0%-94.1%0.006%Search for SEC Filing on Google Icon
5/15/2024Linscomb Wealth Inc.18,820$18.29M0.9%-4.4%0.014%Search for SEC Filing on Google Icon
5/15/2024Truvestments Capital LLC458$0.45M0.2%+75.5%0.000%Search for SEC Filing on Google Icon
5/15/2024Cloverfields Capital Group LP3,775$3.67M1.2%+1.0%0.003%Search for SEC Filing on Google Icon
5/15/2024Gabelli Funds LLC284$0.28M0.0%N/A0.000%Search for SEC Filing on Google Icon
5/14/2024Canada Pension Plan Investment Board411,822$400.11M0.4%+32.9%0.315%Search for SEC Filing on Google Icon
5/14/2024JT Stratford LLC1,507$1.46M0.3%-5.2%0.001%Search for SEC Filing on Google Icon
5/14/2024Capital International Sarl715$0.70M0.0%+116.7%0.001%Search for SEC Filing on Google Icon
5/14/2024Toronto Dominion Bank83,044$80.68M0.1%-0.7%0.064%Search for SEC Filing on Google Icon
5/14/2024Capital International Investors10,295$10M0.0%+116.7%0.008%Search for SEC Filing on Google Icon
5/14/2024Capital Group Private Client Services Inc.4,285$4.16M0.0%+134.3%0.003%Search for SEC Filing on Google Icon
5/14/2024Atalanta Sosnoff Capital LLC34,496$33.52M0.8%-39.9%0.026%Search for SEC Filing on Google Icon
5/14/2024Sheaff Brock Investment Advisors LLC1,161$1.13M0.1%+1.6%0.001%Search for SEC Filing on Google Icon
5/14/2024Marlowe Partners LP8,809$8.56M22.5%-21.6%0.007%Search for SEC Filing on Google Icon
5/14/2024Cadence Bank2,749$2.67M0.2%+0.7%0.002%Search for SEC Filing on Google Icon
5/14/2024Rodgers Brothers Inc.5,265$5.12M0.7%+17.3%0.004%Search for SEC Filing on Google Icon
5/14/2024First Commonwealth Financial Corp PA 1,067$1.04M0.3%+3.8%0.001%Search for SEC Filing on Google Icon
5/14/2024Heron Bay Capital Management9,622$9.35M2.0%-0.5%0.007%Search for SEC Filing on Google Icon
5/14/2024Advisors Asset Management Inc.3,683$3.58M0.1%+13.9%0.003%Search for SEC Filing on Google Icon
5/14/2024Axxcess Wealth Management LLC1,889$1.84M0.1%+13.5%0.001%Search for SEC Filing on Google Icon
5/14/2024EP Wealth Advisors LLC4,133$4.02M0.0%+28.8%0.003%Search for SEC Filing on Google Icon
5/14/2024Covington Investment Advisors Inc.13,121$12.75M2.2%+3.6%0.010%Search for SEC Filing on Google Icon
5/14/2024CreativeOne Wealth LLC1,454$1.41M0.1%+4.4%0.001%Search for SEC Filing on Google Icon
5/14/2024Delap Wealth Advisory LLC538$0.52M0.2%N/A0.000%Search for SEC Filing on Google Icon
5/14/2024EntryPoint Capital LLC152$0.15M0.1%+360.6%0.000%Search for SEC Filing on Google Icon
5/14/2024Vident Advisory LLC9,110$8.85M0.2%-71.8%0.007%Search for SEC Filing on Google Icon
5/14/2024Shell Asset Management Co.9,336$9.07M0.4%+40.6%0.007%Search for SEC Filing on Google Icon
5/14/2024Crewe Advisors LLC112$0.11M0.0%N/A0.000%Search for SEC Filing on Google Icon
5/14/2024Leelyn Smith LLC1,982$1.93M0.4%-1.3%0.002%Search for SEC Filing on Google Icon
5/14/2024Ossiam12,713$12.35M0.2%-66.7%0.010%Search for SEC Filing on Google Icon
5/14/2024Natixis142,967$138.90M0.7%+1,267.1%0.109%Search for SEC Filing on Google Icon
5/14/2024Platinum Investment Management Ltd.2,705$2.63M0.1%-78.9%0.002%Search for SEC Filing on Google Icon
5/14/2024InterOcean Capital Group LLC2,579$2.51M0.1%-1.7%0.002%Search for SEC Filing on Google Icon
5/14/2024GQG Partners LLC2,156,076$2.09B3.4%-2.2%1.649%Search for SEC Filing on Google Icon
5/14/2024Pitcairn Co.2,402$2.33M0.2%-3.8%0.002%Search for SEC Filing on Google Icon
5/14/2024Healthcare of Ontario Pension Plan Trust Fund62,805$61.02M0.2%-7.1%0.048%Search for SEC Filing on Google Icon
5/14/2024CANADA LIFE ASSURANCE Co124,131$120.63M0.2%-20.3%0.095%Search for SEC Filing on Google Icon
5/14/2024Oxford Financial Group LTD. LLC214$0.21M0.0%N/A0.000%Search for SEC Filing on Google Icon
5/14/2024American International Group Inc.47,625$46.27M0.2%-1.8%0.036%Search for SEC Filing on Google Icon
5/14/2024Vaughan David Investments LLC IL62,896$61.11M1.5%-4.1%0.048%Search for SEC Filing on Google Icon
5/14/2024Twin Capital Management Inc.4,508$4.38M0.5%-8.1%0.003%Search for SEC Filing on Google Icon
5/14/2024National Bank of Canada FI155,597$142.44M0.2%-20.5%0.119%Search for SEC Filing on Google Icon
5/14/2024Lake Street Advisors Group LLC1,662$1.62M0.1%+56.6%0.001%Search for SEC Filing on Google Icon
5/14/2024Arjuna Capital4,918$4.78M1.4%+4.8%0.004%Search for SEC Filing on Google Icon
5/13/2024Bessemer Group Inc.120,241$116.82M0.2%-24.4%0.092%Search for SEC Filing on Google Icon
5/13/2024Capitolis Liquid Global Markets LLC20,300$19.72M0.3%N/A0.016%Search for SEC Filing on Google Icon
5/13/2024UniSuper Management Pty Ltd35,021$34.03M0.3%+123.1%0.027%Search for SEC Filing on Google Icon
5/13/2024Clearbridge Investments LLC171,210$166.34M0.1%-18.8%0.131%Search for SEC Filing on Google Icon
5/13/2024Texas Capital Bank Wealth Management Services Inc9,678$9.40M1.0%-21.1%0.007%Search for SEC Filing on Google Icon
5/13/2024Texas Capital Bancshares Inc TX1,113$1.08M0.5%-21.9%0.001%Search for SEC Filing on Google Icon
5/13/2024O Shaughnessy Asset Management LLC12,058$11.72M0.1%+21.5%0.009%Search for SEC Filing on Google Icon
5/13/2024Ameritas Investment Partners Inc.5,218$5.07M0.2%-1.3%0.004%Search for SEC Filing on Google Icon
5/13/2024Penobscot Investment Management Company Inc.1,410$1.37M0.1%+2.8%0.001%Search for SEC Filing on Google Icon
5/11/2024Lcnb Corp2,354$2.29M0.8%-1.7%0.002%Search for SEC Filing on Google Icon
5/11/2024Trustmark National Bank Trust Department4,865$4.73M0.4%+5.9%0.004%Search for SEC Filing on Google Icon
5/11/2024Covestor Ltd118$0.12M0.1%-15.7%0.000%Search for SEC Filing on Google Icon
5/11/2024Beaumont Financial Advisors LLC2,064$2.01M0.2%-0.6%0.002%Search for SEC Filing on Google Icon
5/11/2024Cynosure Group LLC338$0.33M0.1%-93.3%0.000%Search for SEC Filing on Google Icon
5/11/2024Hillsdale Investment Management Inc.150$0.15M0.0%N/A0.000%Search for SEC Filing on Google Icon
5/11/2024Ironwood Investment Counsel LLC479$0.47M0.1%+2.8%0.000%Search for SEC Filing on Google Icon
5/11/2024Catalytic Wealth RIA LLC513$0.50M0.1%N/A0.000%Search for SEC Filing on Google Icon
Data available starting January 2016

See Full Table
Lam Research logo
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products. It also provides SPEED gapfill high-density plasma chemical vapor deposition products; and Striker single-wafer atomic layer deposition products for dielectric film solutions. In addition, the company offers Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. Further, it provides Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. The company sells its products and services to semiconductors industry in the United States, China, Europe, Japan, Korea, Southeast Asia, Taiwan, and internationally. The company was incorporated in 1980 and is headquartered in Fremont, California.
Read More on Lam Research

Today's Range

Now: $912.07
Low: $905.82
High: $954.85

50 Day Range

MA: $933.49
Low: $868.07
High: $983.48

52 Week Range

Now: $912.07
Low: $559.41
High: $1,007.39

Volume

910,748 shs

Average Volume

971,166 shs

Market Capitalization

$119.24 billion

P/E Ratio

33.54

Dividend Yield

0.85%

Beta

1.51

Who are the company insiders with the largest holdings of Lam Research?

Lam Research's top insider investors include:
  1. Douglas R Bettinger (CFO)
  2. Timothy Archer (CEO)
  3. Richard A Gottscho (EVP)
  4. Vahid Vahedi (SVP)
  5. Seshasayee Varadarajan (SVP)
  6. Abhijit Y Talwalkar (Director)
  7. Patrick J Lord (EVP)
  8. Christina Corrreia (CAO)
  9. George M Schisler (Insider)
  10. Ava Hahn (SVP)
  11. Sohail U Ahmed (Director)
Learn More about top insider investors at Lam Research.

Who are the major institutional investors of Lam Research?

Lam Research's top institutional investors include:
  1. Vanguard Group Inc. — 9.07%
  2. Price T Rowe Associates Inc. MD — 2.26%
  3. GQG Partners LLC — 1.65%
  4. Janus Henderson Group PLC — 1.49%
  5. Bank of New York Mellon Corp — 1.04%
  6. Van ECK Associates Corp — 0.74%
Learn More about top institutional investors of Lam Research stock.

Which institutional investors are selling Lam Research stock?

Within the previous quarter, LRCX stock was sold by these institutional investors:
  1. Janus Henderson Group PLC
  2. Bank of New York Mellon Corp
  3. BNP PARIBAS ASSET MANAGEMENT Holding S.A.
  4. 1832 Asset Management L.P.
  5. WCM Investment Management LLC
  6. Assenagon Asset Management S.A.
  7. GQG Partners LLC
  8. National Bank of Canada FI
Within the last year, company insiders that have sold Lam Research company stock include:
  1. Douglas R Bettinger (CFO)
  2. Timothy Archer (CEO)
  3. Richard A Gottscho (EVP)
  4. Vahid Vahedi (SVP)
  5. Seshasayee Varadarajan (SVP)
  6. Abhijit Y Talwalkar (Director)
  7. Patrick J Lord (EVP)
  8. Christina Corrreia (CAO)
  9. George M Schisler (Insider)
Learn More investors selling Lam Research stock.

Which institutional investors are buying Lam Research stock?

During the last quarter, LRCX stock was acquired by institutional investors including:
  1. Van ECK Associates Corp
  2. Vanguard Group Inc.
  3. Price T Rowe Associates Inc. MD
  4. Natixis
  5. Canada Pension Plan Investment Board
  6. Zurich Insurance Group Ltd FI
  7. Norden Group LLC
  8. TD Asset Management Inc
Forget the “Magnificent 7” Tech Companies, Buy This AI Stock Instead
From Banyan Hill Publishing   |   Ad
The AI boom continues to snowball with no signs of slowing... Google CEO, Sundar Pichai, made waves during a recent call with analysts, reminding them that the search engine company has been “AI first” since 2016.
Get the full story here.