Jupiter Asset Management Ltd. reduced its stake in Lam Research Corporation (NASDAQ:LRCX) by 13.9% in the third quarter, selling 106,579 shares. Despite this, other major institutional investors like Vanguard Group Inc. and State Street Corp increased their holdings in the semiconductor company. Lam Research posted strong Q4 earnings, surpassing analyst estimates, and announced a quarterly dividend.
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Lam Research Corporation $LRCX Stock Position Decreased by Jupiter Asset Management Ltd.
Jupiter Asset Management Ltd. reduced its stake in Lam Research Corporation (NASDAQ:LRCX) by 13.9% in the third quarter, selling 106,579 shares. Despite this, other major institutional investors like Vanguard Group Inc. and State Street Corp increased their holdings in the semiconductor company. Lam Research posted strong Q4 earnings, surpassing analyst estimates, and announced a quarterly dividend.