Blue Capital Inc. Acquires Shares of 3,571 Lam Research Corporation $LRCX

Blue Capital Inc. has acquired a new position in Lam Research Corporation, purchasing 3,571 shares valued at approximately $611,000. This comes amidst increasing institutional interest, with 84.61% of Lam Research stock owned by institutions and hedge funds. Analysts are bullish on LRCX, raising price targets due to strong wafer fab equipment demand and AI-related growth, following the company's recent earnings beat and raised quarterly dividend.