Thames Capital Management raises stake in Lam Research Co. to $8.79M, ahead of 10-for-1 stock split.
Thames Capital Management LLC increased its stake in Lam Research Co. to $8.79 million, representing 3.4% of its portfolio. The company reported earnings of $8.14 per share, exceeding estimates. Lam Research will execute a 10-for-1 stock split on October 3. Other institutional investors have adjusted their holdings, with mixed analyst ratings and price targets ranging from $774 to $1,130. Insiders have also sold shares recently.
September 21, 2024
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