Family Wealth Partners LLC Sells 7,826 Shares of LPL Financial Holdings Inc. $LPLA

Posted by Brenda Bartman on Oct 20th, 2026

Family Wealth Partners LLC reduced its holdings in shares of LPL Financial Holdings Inc. (NASDAQ:LPLA – Free Report) by 11.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 61,247 shares of the financial services provider’s stock after selling 7,826 shares during the period. LPL Financial comprises 5.7% of Family Wealth Partners LLC’s portfolio, making the stock its 3rd largest holding. Family Wealth Partners LLC owned 0.08% of LPL Financial worth $18,729,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of LPLA. Physician Wealth Advisors Inc. increased its stake in shares of LPL Financial by 580.0% in the 1st quarter. Physician Wealth Advisors Inc. now owns 136 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 116 shares in the last quarter. Reflection Asset Management bought a new stake in LPL Financial during the fourth quarter valued at about $50,000. Versant Capital Management Inc grew its holdings in LPL Financial by 79.0% during the second quarter. Versant Capital Management Inc now owns 188 shares of the financial services provider’s stock valued at $53,000 after purchasing an additional 83 shares during the period. Abound Financial LLC increased its position in LPL Financial by 9,550.0% in the first quarter. Abound Financial LLC now owns 193 shares of the financial services provider’s stock worth $58,000 after buying an additional 191 shares in the last quarter. Finally, Harbor Investment Advisory LLC purchased a new stake in LPL Financial in the second quarter worth about $59,000. Hedge funds and other institutional investors own 95.66% of the company’s stock.

Insider Buying and Selling at LPL Financial

In other LPL Financial news, Director Greg Gates sold 4,119 shares of the stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $355.38, for a total transaction of $1,463,810.22. Following the completion of the transaction, the director owned 23,602 shares in the company, valued at $8,387,678.76. This trade represents a 14.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Aneri Jambusaria sold 308 shares of LPL Financial stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $357.36, for a total transaction of $110,066.88. Following the completion of the transaction, the director directly owned 6,107 shares of the company’s stock, valued at $2,182,397.52. The trade was a 4.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 5,867 shares of company stock worth $2,079,664 in the last ninety days. Company insiders own 0.60% of the company’s stock.

LPL Financial Price Performance

NASDAQ:LPLA opened at $316.16 on Tuesday. The company has a current ratio of 2.39, a quick ratio of 2.39 and a debt-to-equity ratio of 1.30. The company has a market capitalization of $24.89 billion, a P/E ratio of 25.21, a P/E/G ratio of 0.55 and a beta of 0.53. LPL Financial Holdings Inc. has a 12 month low of $260.15 and a 12 month high of $400.16. The business’s 50-day moving average is $341.42 and its 200 day moving average is $320.25.

LPL Financial (NASDAQ:LPLA – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The financial services provider reported $5.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.39 by $0.45. The business had revenue of $5.19 billion for the quarter, compared to the consensus estimate of $5.04 billion. LPL Financial had a return on equity of 32.20% and a net margin of 5.13%. The company’s revenue was up 35.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.51 EPS. On average, equities research analysts forecast that LPL Financial Holdings Inc. will post 23.83 earnings per share for the current fiscal year.

LPL Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.4%. The ex-dividend date was Friday, August 14th. LPL Financial’s payout ratio is currently 9.57%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on LPLA. Barclays lifted their price objective on LPL Financial from $401.00 to $409.00 and gave the company an “overweight” rating in a research report on Wednesday, October 7th. Capital One Financial set a $370.00 target price on shares of LPL Financial in a research note on Tuesday, October 6th. JPMorgan Chase & Co. lifted their price target on shares of LPL Financial from $428.00 to $445.00 and gave the company an “overweight” rating in a report on Wednesday, October 7th. Keefe, Bruyette & Woods increased their price objective on shares of LPL Financial from $365.00 to $390.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Finally, Wells Fargo & Company began coverage on shares of LPL Financial in a research report on Friday, October 2nd. They set an “overweight” rating and a $362.00 price objective on the stock. Fourteen investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $409.69.

View Our Latest Stock Analysis on LPLA

About LPL Financial

(Free Report)

LPL Financial Holdings Inc is a financial services company that supports independent financial advisors and institutions across the United States. Through its primary subsidiary, LPL Financial LLC, the company provides brokerage, investment advisory, and custodial services, enabling advisors to serve individual investors, families, retirement plans, and other clients.

LPL’s platform includes access to brokerage and advisory products, securities clearing and custody, trading and operations support, technology, compliance services, investment research, and practice-management resources.