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Lam Research Corporation $LRCX Shares Sold by Westerkirk Capital Inc.
Westerkirk Capital Inc. reduced its stake in Lam Research Corporation by 9.4%, selling 4,497 shares, though other institutional investors like Vanguard Group and State Street Corp increased their holdings. Lam Research reported strong quarterly results, beating EPS and revenue expectations, and issued positive Q3 2026 guidance, leading to several analyst target upgrades. The article also highlights insider selling by a director and discusses the impact of AI demand on the semiconductor equipment industry, positioning Lam Research for potential future growth.