Shell Asset Management Co. significantly reduced its stake in Lam Research Corporation ($LRCX) by 74.9% in the third quarter, bringing its total holdings to $2.35 million. Despite this reduction, other institutional investors increased their positions in the semiconductor company. The article also details recent insider selling by Director Eric Brandt and highlights various analyst ratings, with an average “Moderate Buy” rating for LRCX.
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Shell Asset Management Co. Has $2.35 Million Position in Lam Research Corporation $LRCX
Shell Asset Management Co. significantly reduced its stake in Lam Research Corporation ($LRCX) by 74.9% in the third quarter, bringing its total holdings to $2.35 million. Despite this reduction, other institutional investors increased their positions in the semiconductor company. The article also details recent insider selling by Director Eric Brandt and highlights various analyst ratings, with an average “Moderate Buy” rating for LRCX.