Livforsakringsbolaget Skandia, Omsesidigt 13F: Cuts LRCX Stake by $2.4M

Livforsakringsbolaget Skandia, Omsesidigt reduced its investment in Lam Research Corporation (NASDAQ: LRCX) during the quarter, according to a Form 13F filing filed with the SEC on October 21, 2026.

LRCX Lam Research Corporation

$260.81 ▲ +41.35% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Livforsakringsbolaget Skandia's Lam Research Position

The institution sold 7,400 shares of the semiconductor equipment maker during the period. That move marked a 6.3% decrease from its prior holding, bringing its total down to 109,498 shares. The remaining stake carried a reported value of $35,971,188 at the close of the period. Lam Research closed at $260.81 on the filing date.

Other Institutional Activity in Lam Research

Other large investors adjusted their holdings in the chip equipment manufacturer alongside this move. Annex Advisory Services grew its holdings by 112,156 shares, ending with 113,371 shares worth about $37.2 million. B. Riley Wealth Advisors grew its holdings by 47,055 shares, ending with 64,609 shares worth about $21.2 million. Financial Engines Advisors L.L.C. grew its holdings by 2,640 shares, ending with 5,077 shares worth about $2.2 million. Meanwhile, Montrusco Bolton Investments trimmed its holdings by 23,199 shares, ending with 648,283 shares worth about $212.9 million, and Mirae Asset Securities opened a new position with 50,109 shares valued at about $16.4 million.

Lam Research Corporation Stock Down 8.3%

Lam Research shares recently traded around $260.81, matching the closing price on the filing date. The stock trades below its 50-day and 200-day moving averages and sits below its 52-week high of $438.50.

Recent Earnings

Lam Research generated trailing twelve-month revenue of $23.23 billion with an earnings per share figure of $5.76. The company operates with a strong net profit margin and return on equity.

Dividend

Eligible shareholders receive an annual dividend rate of $1.32 per share, translating to a dividend yield of 0.51% with a payout ratio of 18.1%.

Insider Buying and Selling at Lam Research Corporation

Company insiders completed several transactions ahead of the filing, including officer sales by Ava Harter, Seshasayee Varadarajan, CEO Timothy M. Archer, and director Bethany J. Mayer.

Analysts Set New Price Targets

Wall Street analysts maintain a strong buy consensus on the stock across 30 opinions with a mean price target of $376.77. Firms including Mizuho, UBS, B. Riley Securities, Morgan Stanley, and Evercore ISI Group have recently updated their ratings and price targets.

About Lam Research

Headquartered in Fremont, California, Lam Research Corporation designs and builds specialized equipment used to manufacture integrated circuits and microchips. Its wafer-fabrication systems help chipmakers produce advanced semiconductors used across electronics, computing, and communications.

Bottom Line

Institutional adjustments in Lam Research highlight ongoing portfolio rebalancing among global asset managers. Investors will continue tracking upcoming earnings reports and market demand for semiconductor manufacturing tools to gauge the company's trajectory.