Royal London Asset Management Reduces $6M in Lam Research Corporation ($LRCX)
Key Points
- Royal London Asset Management changed its Lam Research Corporation ($LRCX) stake by 2.10% last quarter, cutting to 673,896 shares worth $293.53 million.
- Wall Street's consensus rating on $LRCX is Strong Buy and an average price target of $371.19.
- $LRCX last traded around $435.57.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Royal London Asset Management trimmed its position in Lam Research Corporation ($LRCX) by 2.10% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 673,896 shares of Lam Research Corporation after selling 14,489 shares during the quarter. Royal London Asset Management's holdings in Lam Research Corporation were worth $293.53 million as of its most recent filing.
Lam Research Corporation Stock Up 44.3%
Shares of Lam Research Corporation ($LRCX) traded around $435.57 on Saturday, up 44.3% for the day.
Lam Research Corporation Earnings
Lam Research Corporation Dividend
Analysts Set New Price Targets
About Lam Research Corporation
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits in the United States, China, Korea, Taiwan, Japan, Southeast Asia, and Europe. The company offers ALTUS systems to deposit conformal or selective films for tungsten or molybdenum metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SPEED gapfill high-density plasma chemical vapor deposition (CVD) products; Striker single-wafer atomic layer deposition products for dielectric film solutions; and VECTOR plasma-enhanced CVD products. It also provides Flex for dielectric etch applications; Vantex, a dielectric etch system that provides RF technology and repeatable wafer-to-wafer performance enabled by Equipment Intelligence solutions; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. In addition, the company offers Coronus bevel clean products to enhance die yield; and Da Vinci, DV-Prime, EOS, and SP series products to address various wafer cleaning applications. Further, it provides Reliant deposition, etch, and clean products; and Sense.i platform products, as well as customer service, spares, and upgrades. Lam Research Corporation was incorporated in 1980 and is headquartered in Fremont, California.
Get Lam Research Corporation alerts
New 13F filings, insider trades, and analyst moves on $LRCX, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.
