Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lowered its holdings in Lattice Semiconductor Co. (NASDAQ:LSCC) by 2.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,367 shares of the semiconductor company’s stock after selling 222 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Lattice Semiconductor were worth $497,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. raised its stake in shares of Lattice Semiconductor by 17.8% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 4,994 shares of the semiconductor company’s stock worth $391,000 after buying an additional 754 shares during the last quarter. US Bancorp DE raised its stake in Lattice Semiconductor by 23.3% in the 1st quarter. US Bancorp DE now owns 26,955 shares of the semiconductor company’s stock valued at $2,109,000 after purchasing an additional 5,090 shares during the last quarter. ProShare Advisors LLC raised its stake in Lattice Semiconductor by 22.7% in the 1st quarter. ProShare Advisors LLC now owns 23,483 shares of the semiconductor company’s stock valued at $1,837,000 after purchasing an additional 4,347 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Lattice Semiconductor by 32.5% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 74,753 shares of the semiconductor company’s stock valued at $5,848,000 after purchasing an additional 18,339 shares during the last quarter. Finally, Blair William & Co. IL raised its stake in Lattice Semiconductor by 12.6% in the 1st quarter. Blair William & Co. IL now owns 42,554 shares of the semiconductor company’s stock valued at $3,329,000 after purchasing an additional 4,773 shares during the last quarter. Institutional investors and hedge funds own 98.08% of the company’s stock.

Insider Buying and Selling

In other Lattice Semiconductor news, CFO Sherri R. Luther sold 20,632 shares of the company’s stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $48.89, for a total value of $1,008,698.48. Following the transaction, the chief financial officer now directly owns 90,341 shares of the company’s stock, valued at $4,416,771.49. This represents a 18.59 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Mark Jon Nelson sold 1,232 shares of the company’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $48.98, for a total value of $60,343.36. Following the completion of the transaction, the senior vice president now directly owns 14,919 shares in the company, valued at approximately $730,732.62. The trade was a 7.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts recently weighed in on LSCC shares. Robert W. Baird cut their target price on shares of Lattice Semiconductor from $70.00 to $44.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. Raymond James lowered their price target on Lattice Semiconductor from $55.00 to $52.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. StockNews.com cut Lattice Semiconductor from a “hold” rating to a “sell” rating in a report on Saturday, August 3rd. Deutsche Bank Aktiengesellschaft lowered their price target on Lattice Semiconductor from $56.00 to $50.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Finally, Needham & Company LLC restated a “buy” rating and issued a $61.00 price target on shares of Lattice Semiconductor in a report on Tuesday, September 17th. Two 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 $58.42.

Lattice Semiconductor Stock Performance

Shares of NASDAQ:LSCC opened at $49.23 on Friday. Lattice Semiconductor Co. has a 1 year low of $40.65 and a 1 year high of $85.69. The stock has a market capitalization of $6.79 billion, a P/E ratio of 47.80 and a beta of 1.39. The stock has a 50-day simple moving average of $51.45 and a 200-day simple moving average of $56.30.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.24 EPS for the quarter, hitting the consensus estimate of $0.24. The firm had revenue of $127.09 million for the quarter, compared to analyst estimates of $127.05 million. Lattice Semiconductor had a return on equity of 16.84% and a net margin of 25.48%. Lattice Semiconductor’s revenue for the quarter was down 33.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.41 EPS. Analysts predict that Lattice Semiconductor Co. will post 0.54 earnings per share for the current year.

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.