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Katamaran Capital LLP Sells 17,682 Shares of Lam Research Corporation $LRCX
Katamaran Capital LLP significantly reduced its stake in Lam Research Corporation (NASDAQ:LRCX) by selling 17,682 shares, decreasing its holdings by 61.4% to 11,124 shares valued at $1.9 million. Despite this, institutional ownership of Lam Research remains high at 84.61%, with other major investors increasing their positions. Wall Street analysts maintain a “Moderate Buy” rating on LRCX, citing strong earnings, optimistic guidance, and demand driven by AI as factors for continued growth, even after a substantial rally.