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KLP Kapitalforvaltning AS Sells 13,000 Shares of Lam Research Corporation $LRCX
KLP Kapitalforvaltning AS reduced its stake in Lam Research Corporation (NASDAQ:LRCX) by 2.0% in the fourth quarter, selling 13,000 shares and holding 638,680 shares valued at over $109 million. Other institutional investors increased their holdings significantly. Analysts generally maintain a “Moderate Buy” rating with a consensus price target of $247.26, while company insiders have sold a substantial number of shares.