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Axecap Investments LLC Invests $7.98 Million in Lam Research Corporation $LRCX
Axecap Investments LLC has invested $7.98 million into Lam Research Corporation, acquiring 46,588 shares, making it their third-largest holding. This investment comes as Lam Research reported strong Q3 earnings and positive future guidance driven by AI demand, leading multiple analysts to raise their price targets. Despite insider selling, institutional ownership remains high, and the stock carries a consensus “Moderate Buy” rating.