11,476 Shares in Lam Research Corporation $LRCX Acquired by Kepler Cheuvreux Suisse SA

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Kepler Cheuvreux Suisse SA has acquired a new stake of 11,476 shares in Lam Research Corporation (NASDAQ:LRCX) during the third quarter, valued at approximately $1.54 million. This acquisition comes as institutional investors now own about 84.61% of the stock, despite recent significant insider selling totaling over $29 million. Lam Research also exceeded quarterly earnings expectations and received a “Moderate Buy” consensus rating from analysts, with an average price target of $245.35.

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