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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.
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GAM Holding AG aumentó dramáticamente su participación en Lam Research, un fabricante de equipos semiconductores, en casi un 1,926%.