GAM Holding AG dramatically increased its stake in Lam Research, a semiconductor equipment maker, by nearly 1,926%.

GAM Holding AG significantly increased its stake in semiconductor company Lam Research by 1,925.8%, now owning 81,031 shares. Other institutional investors have also boosted their holdings. Lam Research recently reported earnings per share of $0.91, exceeding analysts' estimates and declared a quarterly dividend of $0.23. The company designs and manufactures equipment for semiconductor processing. Analysts have issued a "Moderate Buy" consensus rating with a target price of $95.72.

6 weeks ago
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