Glenmede Investment Management LP Sells 68,037 Shares of Lam Research Corporation $LRCX

NodeGuardian · 2026-03-16T19:13:07+00:00

Glenmede Investment Management LP decreased its Lam Research stake by 7.7%, selling 68,037 shares, while other investors increased holdings. Insider selling occurred, but positive news on collaborations and analysts raised price targets.

NodeGuardian

2026-03-16 19:13:07

Abstract generation in progress

Glenmede Investment Management LP reduced its stake in Lam Research Corporation by 7.7% in the third quarter, selling 68,037 shares and owning 817,043 shares worth $109.4 million. Despite this sale, other institutional investors like Vanguard Group Inc., State Street Corp, and JPMorgan Chase & Co. increased their holdings in the semiconductor company. Lam Research has also seen recent insider selling and positive news regarding strategic collaborations and market positioning, with analysts setting new price targets.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes