Lam Research (LRCX) Stock Price Rose While L & S Advisors Has Raised by $2.14 Million Its Stake; As Facebook (FB) Stock Price Rose, Shareholder Parus Finance Uk LTD Has Trimmed Its Position

December 18, 2017 - By Ellis Scott

L & S Advisors Inc increased its stake in Lam Research Corp (LRCX) by 63.78% based on its latest 2017Q2 regulatory filing with the SEC. L & S Advisors Inc bought 15,195 shares as the company’s stock rose 32.64% with the market. The institutional investor held 39,020 shares of the industrial machinery and components company at the end of 2017Q2, valued at $5.52 million, up from 23,825 at the end of the previous reported quarter. L & S Advisors Inc who had been investing in Lam Research Corp for a number of months, seems to be bullish on the $30.17 billion market cap company. The stock increased 2.32% or $4.22 during the last trading session, reaching $186.32. About 3.98M shares traded or 56.64% up from the average. Lam Research Corporation (NASDAQ:LRCX) has risen 107.86% since December 18, 2016 and is uptrending. It has outperformed by 91.16% the S&P500.

Parus Finance Uk Ltd decreased its stake in Facebook Inc (FB) by 9.16% based on its latest 2017Q2 regulatory filing with the SEC. Parus Finance Uk Ltd sold 80,160 shares as the company’s stock rose 10.88% with the market. The institutional investor held 795,113 shares of the technology company at the end of 2017Q2, valued at $120.05 million, down from 875,273 at the end of the previous reported quarter. Parus Finance Uk Ltd who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $523.57B market cap company. The stock increased 1.00% or $1.79 during the last trading session, reaching $180.18. About 28.46 million shares traded or 74.82% up from the average. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since December 18, 2016 and is uptrending. It has outperformed by 10.05% the S&P500.

Since August 7, 2017, it had 0 insider buys, and 37 insider sales for $950.58 million activity. Stretch Colin sold $128,693 worth of Facebook, Inc. (NASDAQ:FB) on Tuesday, September 5. $42.50M worth of stock was sold by Zuckerberg Mark on Wednesday, October 11. The insider Schroepfer Michael Todd sold $6.77M. Another trade for 16,000 shares valued at $2.73 million was made by Cox Christopher K on Thursday, September 21. Shares for $806,019 were sold by FISCHER DAVID B. on Thursday, October 26. Wehner David M. had sold 15,470 shares worth $2.59 million.

Investors sentiment increased to 1.4 in 2017 Q2. Its up 0.05, from 1.35 in 2017Q1. It increased, as 48 investors sold FB shares while 553 reduced holdings. 159 funds opened positions while 684 raised stakes. 1.62 billion shares or 0.41% less from 1.63 billion shares in 2017Q1 were reported. Jackson Square Prtnrs Limited Liability Company invested in 3.91M shares. Granite Point Capital Management LP holds 1.18% or 31,600 shares. First Eagle Invest Mngmt Ltd Liability Company invested in 0% or 3,800 shares. Oregon Public Employees Retirement Fund owns 250,004 shares. Chatham Cap Group Inc accumulated 1,707 shares. Wellington Mgmt Group Inc Limited Liability Partnership owns 21.13M shares. Myriad Asset Mgmt accumulated 72,400 shares. Tru Department Mb National Bank & Trust N A has 0.02% invested in Facebook, Inc. (NASDAQ:FB). Kings Point Cap Mgmt has invested 0.08% in Facebook, Inc. (NASDAQ:FB). 2,247 are held by Hemenway Trust Com Ltd Llc. Greystone Managed Inc reported 0.33% stake. Consolidated Ltd Liability Corporation invested in 4,900 shares. Foundry Ltd stated it has 0.03% in Facebook, Inc. (NASDAQ:FB). Burns J W And reported 18,159 shares or 0.74% of all its holdings. Atlanta Capital Gp holds 1.63% or 65,629 shares.

Among 53 analysts covering Facebook (NASDAQ:FB), 49 have Buy rating, 2 Sell and 2 Hold. Therefore 92% are positive. Facebook had 210 analyst reports since July 21, 2015 according to SRatingsIntel. Canaccord Genuity maintained the stock with “Buy” rating in Thursday, November 3 report. On Thursday, July 20 the stock rating was maintained by William Blair with “Buy”. Nomura maintained it with “Buy” rating and $145 target in Thursday, April 28 report. On Thursday, April 28 the stock rating was maintained by UBS with “Buy”. The firm has “Buy” rating by Robert W. Baird given on Monday, October 2. The company was downgraded on Thursday, February 2 by Pivotal Research. As per Thursday, November 5, the company rating was maintained by Deutsche Bank. The firm has “Buy” rating given on Thursday, April 28 by Jefferies. Bank of America maintained the shares of FB in report on Monday, July 24 with “Buy” rating. The firm has “Buy” rating by Axiom Capital given on Thursday, November 5.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on February, 7. They expect $1.94 earnings per share, up 56.45% or $0.70 from last year’s $1.24 per share. FB’s profit will be $5.64 billion for 23.22 P/E if the $1.94 EPS becomes a reality. After $1.59 actual earnings per share reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 22.01% EPS growth.

Since September 11, 2017, it had 0 insider buys, and 10 insider sales for $7.30 million activity. $138,750 worth of stock was sold by NEWBERRY STEPHEN G on Friday, September 29.

Investors sentiment decreased to 0.98 in Q2 2017. Its down 0.14, from 1.12 in 2017Q1. It dived, as 43 investors sold LRCX shares while 255 reduced holdings. 110 funds opened positions while 182 raised stakes. 149.22 million shares or 7.19% less from 160.77 million shares in 2017Q1 were reported. Hancock Holdg holds 8,323 shares. Nationwide Fund Advsrs owns 0.16% invested in Lam Research Corporation (NASDAQ:LRCX) for 288,219 shares. Price T Rowe Associates Md reported 465,664 shares. Thompson Siegel Walmsley Ltd Liability Com owns 352 shares. First Business Service Incorporated holds 0.09% of its portfolio in Lam Research Corporation (NASDAQ:LRCX) for 2,958 shares. Carret Asset Management Limited Liability Corp holds 0.18% of its portfolio in Lam Research Corporation (NASDAQ:LRCX) for 7,759 shares. Hightower Ltd Liability Corporation holds 0.05% or 40,747 shares in its portfolio. Dubuque Commercial Bank & Tru Co has invested 0.01% in Lam Research Corporation (NASDAQ:LRCX). Delphi Mngmt Ma has 1.43% invested in Lam Research Corporation (NASDAQ:LRCX) for 18,251 shares. Groesbeck Management Nj invested 0.18% in Lam Research Corporation (NASDAQ:LRCX). Axa has 413,793 shares for 0.27% of their portfolio. Blackrock invested 0.09% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). 30,186 were reported by Nomura Asset Mgmt Limited. Wfg Lp reported 2,992 shares. Wealthtrust stated it has 0.02% in Lam Research Corporation (NASDAQ:LRCX).

Among 23 analysts covering Lam Research Corporation (NASDAQ:LRCX), 21 have Buy rating, 0 Sell and 2 Hold. Therefore 91% are positive. Lam Research Corporation had 69 analyst reports since September 17, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of LRCX in report on Thursday, October 22 with “Underperform” rating. RBC Capital Markets maintained the shares of LRCX in report on Wednesday, August 30 with “Buy” rating. CLSA upgraded Lam Research Corporation (NASDAQ:LRCX) on Friday, September 25 to “Buy” rating. The stock of Lam Research Corporation (NASDAQ:LRCX) has “Buy” rating given on Thursday, October 20 by Stifel Nicolaus. The stock has “Buy” rating by Goldman Sachs on Monday, December 19. KeyBanc Capital Markets maintained Lam Research Corporation (NASDAQ:LRCX) on Sunday, November 19 with “Buy” rating. The stock of Lam Research Corporation (NASDAQ:LRCX) has “Buy” rating given on Tuesday, June 13 by UBS. Cowen & Co maintained Lam Research Corporation (NASDAQ:LRCX) rating on Thursday, July 27. Cowen & Co has “Buy” rating and $18500 target. The stock has “Buy” rating by B. Riley & Co on Thursday, August 10. The stock of Lam Research Corporation (NASDAQ:LRCX) has “Neutral” rating given on Thursday, August 3 by Citigroup.

L & S Advisors Inc, which manages about $330.44M and $569.42 million US Long portfolio, decreased its stake in Intuit Inc (NASDAQ:INTU) by 3,340 shares to 30,160 shares, valued at $4.01 million in 2017Q2, according to the filing. It also reduced its holding in Eog Resources Inc (NYSE:EOG) by 32,561 shares in the quarter, leaving it with 4,360 shares, and cut its stake in Dj Industrial Avg (DIA).

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