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Western Financial Corp CA Purchases New Stake in Lam Research Corporation $LRCX
Western Financial Corp CA has acquired a new stake of 7,308 shares, valued at $1.25 million, in Lam Research Corporation (NASDAQ:LRCX) during Q4. Despite recent insider selling totaling $29.66 million, analysts maintain a “Moderate Buy” rating with an average target price of $245.35. Lam Research also reported strong Q4 results, surpassing earnings expectations with $1.27 EPS and revenue of $5.34 billion, and announced a quarterly dividend.