WINTON GROUP Ltd Sells 8,683 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

WINTON GROUP Ltd trimmed its position in Lattice Semiconductor Co. (NASDAQ:LSCC) by 2.7% during the fourth quarter, Holdings Channel reports. The firm owned 312,106 shares of the semiconductor company’s stock after selling 8,683 shares during the quarter. Lattice Semiconductor makes up approximately 1.2% of WINTON GROUP Ltd’s portfolio, making the stock its 9th largest holding. WINTON GROUP Ltd’s holdings in Lattice Semiconductor were worth $17,681,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in Lattice Semiconductor by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 14,944,397 shares of the semiconductor company’s stock worth $846,600,000 after purchasing an additional 229,820 shares during the period. TD Asset Management Inc. boosted its holdings in shares of Lattice Semiconductor by 9.9% during the 4th quarter. TD Asset Management Inc. now owns 1,810,834 shares of the semiconductor company’s stock worth $102,584,000 after buying an additional 162,546 shares during the period. TimesSquare Capital Management LLC grew its stake in Lattice Semiconductor by 2,923.4% in the 4th quarter. TimesSquare Capital Management LLC now owns 1,523,545 shares of the semiconductor company’s stock valued at $86,309,000 after buying an additional 1,473,154 shares during the last quarter. Barclays PLC raised its holdings in Lattice Semiconductor by 57.5% in the 3rd quarter. Barclays PLC now owns 1,019,896 shares of the semiconductor company’s stock valued at $54,124,000 after acquiring an additional 372,301 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in Lattice Semiconductor by 3.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 939,393 shares of the semiconductor company’s stock valued at $53,217,000 after acquiring an additional 29,516 shares during the period. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Lattice Semiconductor Price Performance

Shares of LSCC opened at $60.45 on Thursday. The firm has a 50 day simple moving average of $60.42 and a two-hundred day simple moving average of $56.39. Lattice Semiconductor Co. has a one year low of $40.65 and a one year high of $80.13. The company has a market cap of $8.33 billion, a P/E ratio of 137.39, a P/E/G ratio of 3.03 and a beta of 1.43.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.05 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, analysts expect that Lattice Semiconductor Co. will post 0.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $70.00 target price on shares of Lattice Semiconductor in a research report on Tuesday, February 11th. StockNews.com cut Lattice Semiconductor from a “hold” rating to a “sell” rating in a research report on Tuesday, March 11th. Benchmark boosted their target price on shares of Lattice Semiconductor from $55.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. Rosenblatt Securities reaffirmed a “buy” rating and set a $85.00 price target on shares of Lattice Semiconductor in a research report on Monday, February 10th. Finally, Stifel Nicolaus boosted 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. Two investment analysts have rated the stock with a sell rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $66.25.

Insider Transactions at Lattice Semiconductor

In related news, SVP Pravin Desale sold 2,890 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $68.29, for a total value of $197,358.10. Following the completion of the transaction, the senior vice president now owns 93,903 shares of the company’s stock, valued at $6,412,635.87. This represents a 2.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Robin Ann Abrams sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $63.97, for a total transaction of $639,700.00. Following the completion of the sale, the director now owns 122,538 shares in the company, valued at $7,838,755.86. This represents a 7.55 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 14,740 shares of company stock valued at $943,026. 1.80% of the stock is currently owned by insiders.

Lattice Semiconductor 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.