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Larson Financial Group LLC Grows Stake in Lam Research Corporation $LRCX
Larson Financial Group LLC significantly increased its stake in Lam Research Corporation by 163.8% in Q3, now holding 111,689 shares valued at approximately $14.96 million. This move comes as Lam Research exceeded Q2 earnings expectations and guidance, leading analysts to raise price targets, with the stock maintaining a “Moderate Buy” consensus. Despite high institutional ownership, insiders sold a notable amount of shares in the last quarter, including a major sale by the CFO.