Trivest Advisors Ltd has acquired a new position in Lam Research Corporation, purchasing 75,000 shares valued at approximately $10.04 million, making it their 24th biggest holding. This move comes amidst a positive sentiment for Lam Research, driven by increased AI demand leading to higher industry spending and several analyst upgrades with raised price targets. The article also provides a financial overview of Lam Research, including its recent earnings, dividend announcement, and stock performance, alongside detailed analyst ratings and insider transaction information.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Trivest Advisors Ltd Takes $10.04 Million Position in Lam Research Corporation $LRCX
Trivest Advisors Ltd has acquired a new position in Lam Research Corporation, purchasing 75,000 shares valued at approximately $10.04 million, making it their 24th biggest holding. This move comes amidst a positive sentiment for Lam Research, driven by increased AI demand leading to higher industry spending and several analyst upgrades with raised price targets. The article also provides a financial overview of Lam Research, including its recent earnings, dividend announcement, and stock performance, alongside detailed analyst ratings and insider transaction information.