Tredje AP Fund has acquired a new stake of 70,981 shares in Lam Research Corporation, valued at approximately $9.5 million, highlighting strong institutional interest in the semiconductor company. Several other large institutional investors also increased their holdings in Lam Research. The company has a “Moderate Buy” consensus rating from analysts, an average price target of $244.88, and recently beat quarterly earnings estimates, while also announcing a quarterly dividend.
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Third AP Fund Takes Position in Lam Research Corporation $LRCX
Tredje AP Fund has acquired a new stake of 70,981 shares in Lam Research Corporation, valued at approximately $9.5 million, highlighting strong institutional interest in the semiconductor company. Several other large institutional investors also increased their holdings in Lam Research. The company has a “Moderate Buy” consensus rating from analysts, an average price target of $244.88, and recently beat quarterly earnings estimates, while also announcing a quarterly dividend.