Central Bank & Trust Co Has Lifted Holding in Lam Research Corp Com (LRCX) as Market Value Rose

June 22, 2018 - By Clifton Ray

Lam Research Corporation (NASDAQ:LRCX) LogoInvestors sentiment increased to 1.1 in Q1 2018. Its up 0.02, from 1.08 in 2017Q4. It increased, as 62 investors sold LRCX shares while 259 reduced holdings. 131 funds opened positions while 223 raised stakes. 138.23 million shares or 1.88% less from 140.89 million shares in 2017Q4 were reported. Glenmede Trust Na invested in 0.59% or 763,059 shares. Daiwa Secs Grp holds 0.07% or 40,800 shares in its portfolio. Conning owns 3,763 shares. Suntrust Banks owns 3,168 shares for 0% of their portfolio. Numerixs Inv Tech Inc invested in 0.57% or 11,800 shares. Baldwin Mgmt Limited Liability Company owns 8,850 shares or 0.64% of their US portfolio. Origin Asset Llp owns 128,617 shares or 1.64% of their US portfolio. Adage Capital Partners Group Inc Ltd has invested 0.23% in Lam Research Corporation (NASDAQ:LRCX). 189,151 are owned by Prudential Financial. Associated Banc holds 1.15% or 99,616 shares in its portfolio. Toronto Dominion Bancshares holds 88,692 shares. 96,165 were reported by Gotham Asset Ltd Liability Co. First Republic Inv Mgmt owns 90,981 shares for 0.15% of their portfolio. 1.18M are held by Ubs Asset Americas Incorporated. Telemus Cap Limited owns 0.11% invested in Lam Research Corporation (NASDAQ:LRCX) for 6,701 shares.

Since January 23, 2018, it had 0 buys, and 12 selling transactions for $28.53 million activity. $390,194 worth of Lam Research Corporation (NASDAQ:LRCX) shares were sold by O’Dowd Sarah A. Varadarajan Seshasayee also sold $5.47 million worth of Lam Research Corporation (NASDAQ:LRCX) shares. Anstice Martin B sold $2.52 million worth of Lam Research Corporation (NASDAQ:LRCX) on Wednesday, March 21. $1.20M worth of stock was sold by LORD PATRICK J on Friday, April 20. Gottscho Richard A also sold $3.54M worth of Lam Research Corporation (NASDAQ:LRCX) shares.

Kelly Cardwell increased its stake in Lam Research Corp Com (LRCX) by 1296.73% based on its latest 2018Q1 regulatory filing with the SEC. Central Bank & Trust Co bought 26,557 shares as the company’s stock rose 1.81% while stock markets declined. The hedge fund run by Kelly Cardwell held 28,605 shares of the industrial machinery and components company at the end of 2018Q1, valued at $5.81 million, up from 2,048 at the end of the previous reported quarter. Central Bank & Trust Co who had been investing in Lam Research Corp Com for a number of months, seems to be bullish on the $28.43B market cap company. The stock decreased 1.56% or $2.74 during the last trading session, reaching $173.31. About 623,779 shares traded. Lam Research Corporation (NASDAQ:LRCX) has risen 31.27% since June 22, 2017 and is uptrending. It has outperformed by 18.70% the S&P500.

More notable recent Lam Research Corporation (NASDAQ:LRCX) news were published by: Investorplace.com which released: “5 Top Stock Trades for Tuesday Morning” on June 11, 2018, also Seekingalpha.com with their article: “Lam Research: Riding The Wave Of Semiconductor Luau” published on May 24, 2018, Streetinsider.com published: “Lam Research (LRCX) Lower as Evercore ISI Warns of Memory Push-Outs” on June 07, 2018. More interesting news about Lam Research Corporation (NASDAQ:LRCX) were released by: Seekingalpha.com and their article: “Lam Research Is A Huge Buy” published on June 13, 2018 as well as Nasdaq.com‘s news article titled: “Lam Research Corporation Stock Is Falling, But It’s a Knife I Can Confidently Catch!” with publication date: June 07, 2018.

Lam Research Corporation (NASDAQ:LRCX) Ratings Coverage

Among 19 analysts covering Lam Research (NASDAQ:LRCX), 17 have Buy rating, 0 Sell and 2 Hold. Therefore 89% are positive. Lam Research had 28 analyst reports since January 16, 2018 according to SRatingsIntel. Susquehanna maintained Lam Research Corporation (NASDAQ:LRCX) on Tuesday, March 6 with “Buy” rating. Berenberg maintained it with “Buy” rating and $240.0 target in Thursday, January 25 report. As per Thursday, April 12, the company rating was maintained by KeyBanc Capital Markets. On Wednesday, January 24 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The stock has “Overweight” rating by JP Morgan on Thursday, January 25. KeyBanc Capital Markets maintained the stock with “Overweight” rating in Wednesday, April 18 report. The firm has “Positive” rating by Susquehanna given on Tuesday, January 16. The stock of Lam Research Corporation (NASDAQ:LRCX) has “Buy” rating given on Wednesday, April 18 by B. Riley & Co. On Wednesday, April 18 the stock rating was maintained by Goldman Sachs with “Buy”. The company was maintained on Wednesday, April 18 by Credit Suisse.

Lam Research Corporation (NASDAQ:LRCX) Institutional Positions Chart

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