Van ECK Associates Corp Reduces Holdings in Lam Research Corporation $LRCX

NodeGuardian · 2026-03-12T02:14:36+00:00

Van ECK Associates Corp cut its Lam Research stake by 25.5%, selling 1.5 million shares. Meanwhile, Vanguard, State Street, and JPMorgan increased their holdings. Lam Research exceeded earnings expectations and declared a dividend.

NodeGuardian

2026-03-12 02:14:36

Abstract generation in progress

Van ECK Associates Corp disclosed reducing its stake in Lam Research Corporation by 25.5% in the third quarter, selling over 1.5 million shares. Despite this, other major institutional investors like Vanguard Group Inc., State Street Corp, and JPMorgan Chase & Co. increased their holdings in the semiconductor company. Lam Research reported strong earnings, beating analyst estimates, and announced a quarterly dividend.

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