Tredje AP fonden Decreases Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Tredje AP fonden decreased its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 50.0% in the fourth quarter, HoldingsChannel reports. The fund owned 10,742 shares of the semiconductor company’s stock after selling 10,742 shares during the quarter. Tredje AP fonden’s holdings in Lattice Semiconductor were worth $609,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Lindbrook Capital LLC lifted its position in Lattice Semiconductor by 15.3% during the fourth quarter. Lindbrook Capital LLC now owns 1,428 shares of the semiconductor company’s stock valued at $81,000 after acquiring an additional 190 shares during the last quarter. Tidal Investments LLC lifted its position in Lattice Semiconductor by 2.0% during the third quarter. Tidal Investments LLC now owns 11,152 shares of the semiconductor company’s stock valued at $592,000 after acquiring an additional 224 shares during the last quarter. CIBC Asset Management Inc increased its stake in Lattice Semiconductor by 5.8% during the 4th quarter. CIBC Asset Management Inc now owns 4,235 shares of the semiconductor company’s stock valued at $240,000 after purchasing an additional 231 shares in the last quarter. UMB Bank n.a. increased its stake in Lattice Semiconductor by 67.7% during the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock valued at $37,000 after purchasing an additional 266 shares in the last quarter. Finally, Truvestments Capital LLC increased its stake in Lattice Semiconductor by 6.8% during the 4th quarter. Truvestments Capital LLC now owns 4,295 shares of the semiconductor company’s stock valued at $243,000 after purchasing an additional 274 shares in the last quarter. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Lattice Semiconductor Stock Performance

Shares of NASDAQ LSCC opened at $60.79 on Friday. The company’s fifty day moving average price is $59.48 and its 200 day moving average price is $55.44. Lattice Semiconductor Co. has a 1 year low of $40.65 and a 1 year high of $80.47. The company has a market capitalization of $8.38 billion, a PE ratio of 138.16, a price-to-earnings-growth ratio of 3.03 and a beta of 1.43.

Lattice Semiconductor (NASDAQ:LSCC) last announced its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.14). Lattice Semiconductor had a return on equity of 11.22% and a net margin of 12.00%. On average, equities analysts expect that Lattice Semiconductor Co. will post 0.65 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have issued reports on LSCC shares. Benchmark upped their price target on shares of Lattice Semiconductor from $55.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Rosenblatt Securities restated a “buy” rating and set a $85.00 price target on shares of Lattice Semiconductor in a research note on Monday, February 10th. StockNews.com lowered shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a research note on Tuesday, March 11th. Susquehanna increased their price objective on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock a “positive” rating in a research note on Tuesday, February 11th. Finally, Robert W. Baird increased their price objective on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 11th. Two equities research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Lattice Semiconductor has an average rating of “Moderate Buy” and an average target price of $66.25.

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 1,850 shares of the stock in a transaction on Monday, January 6th. The shares were sold at an average price of $57.28, for a total transaction of $105,968.00. Following the transaction, the senior vice president now directly owns 83,289 shares of the company’s stock, valued at $4,770,793.92. This trade represents a 2.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Pravin Desale sold 2,890 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $68.29, for a total transaction of $197,358.10. Following the transaction, the senior vice president now directly owns 93,903 shares in the company, valued at approximately $6,412,635.87. The trade was a 2.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 14,740 shares of company stock valued at $943,026 over the last ninety days. Corporate insiders own 1.19% of the company’s stock.

About Lattice Semiconductor

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products.