Swiss National Bank Acquires 2,000 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Swiss National Bank raised its holdings in Lattice Semiconductor Co. (NASDAQ:LSCC) by 0.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 271,000 shares of the semiconductor company’s stock after purchasing an additional 2,000 shares during the quarter. Swiss National Bank’s holdings in Lattice Semiconductor were worth $15,352,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Lindbrook Capital LLC raised its holdings in shares of Lattice Semiconductor by 15.3% in the 4th quarter. Lindbrook Capital LLC now owns 1,428 shares of the semiconductor company’s stock worth $81,000 after purchasing an additional 190 shares during the period. Tidal Investments LLC increased its position in Lattice Semiconductor by 2.0% in the third quarter. Tidal Investments LLC now owns 11,152 shares of the semiconductor company’s stock worth $592,000 after buying an additional 224 shares during the last quarter. CIBC Asset Management Inc raised its stake in shares of Lattice Semiconductor by 5.8% in the fourth quarter. CIBC Asset Management Inc now owns 4,235 shares of the semiconductor company’s stock valued at $240,000 after buying an additional 231 shares during the period. UMB Bank n.a. lifted its position in shares of 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 buying an additional 266 shares during the last quarter. Finally, Truvestments Capital LLC grew its stake in shares of Lattice Semiconductor by 6.8% during the 4th quarter. Truvestments Capital LLC now owns 4,295 shares of the semiconductor company’s stock worth $243,000 after acquiring an additional 274 shares during the period. 98.08% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Stifel Nicolaus upped their price objective on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Susquehanna upped their price target on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company a “positive” rating in a research note on Tuesday, February 11th. Needham & Company LLC reaffirmed a “buy” rating and issued a $70.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, February 11th. Robert W. Baird boosted their target price on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the company an “outperform” rating in a report on Wednesday, December 11th. Finally, Benchmark raised their price target on Lattice Semiconductor from $55.00 to $65.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. Two analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $66.25.

Lattice Semiconductor Stock Up 0.0 %

NASDAQ:LSCC opened at $62.33 on Thursday. Lattice Semiconductor Co. has a twelve month low of $40.65 and a twelve month high of $80.47. The stock has a market cap of $8.59 billion, a P/E ratio of 141.66, a PEG ratio of 3.03 and a beta of 1.43. The business’s 50-day moving average price is $59.85 and its two-hundred day moving average price is $55.77.

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

Insider Transactions at Lattice Semiconductor

In related news, SVP Pravin Desale sold 2,890 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The stock was 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 of the company’s stock, valued at approximately $6,412,635.87. This trade represents a 2.99 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Robin Ann Abrams sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total value of $639,700.00. Following the completion of the sale, the director now directly owns 122,538 shares of the company’s stock, valued at approximately $7,838,755.86. This represents a 7.55 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 14,740 shares of company stock valued at $943,026. Insiders own 1.80% of the company’s stock.

Lattice Semiconductor Company Profile

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.