Lam Research (NASDAQ:LRCX) Trading Down 1.6% - Should You Sell?

Lam Research (NASDAQ:LRCX) shares fell 1.6% on Monday, trading at around $306.40 with lower-than-average volume. Despite this, Wall Street analysts maintain a "Moderate Buy" consensus rating and a $358.47 average price target. The company recently exceeded quarterly earnings expectations, but insider selling totaling over $27.6 million in the last 90 days could be a cautionary signal.