Inspire Investing LLC Has $1.38 Million Stake in Lattice Semiconductor Co. (NASDAQ:LSCC)

Inspire Investing LLC reduced its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 5.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,325 shares of the semiconductor company’s stock after selling 1,508 shares during the quarter. Inspire Investing LLC’s holdings in Lattice Semiconductor were worth $1,378,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LSCC. Tidal Investments LLC increased its position in shares of Lattice Semiconductor by 2.0% during the 3rd quarter. Tidal Investments LLC now owns 11,152 shares of the semiconductor company’s stock worth $592,000 after purchasing an additional 224 shares in the last quarter. UMB Bank n.a. grew its stake in Lattice Semiconductor by 67.7% during the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock worth $37,000 after buying an additional 266 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of Lattice Semiconductor by 7.3% during the third quarter. HighTower Advisors LLC now owns 5,141 shares of the semiconductor company’s stock worth $267,000 after buying an additional 348 shares in the last quarter. Financial Advocates Investment Management raised its stake in shares of Lattice Semiconductor by 7.4% in the third quarter. Financial Advocates Investment Management now owns 5,706 shares of the semiconductor company’s stock valued at $303,000 after acquiring an additional 394 shares during the last quarter. Finally, Toronto Dominion Bank boosted its holdings in shares of Lattice Semiconductor by 3.0% in the 2nd quarter. Toronto Dominion Bank now owns 14,372 shares of the semiconductor company’s stock worth $833,000 after acquiring an additional 422 shares in the last quarter. 98.08% of the stock is owned by institutional investors.

Lattice Semiconductor Stock Performance

Shares of Lattice Semiconductor stock opened at $59.50 on Friday. The firm has a fifty day moving average of $57.27 and a two-hundred day moving average of $53.31. The stock has a market capitalization of $8.21 billion, a price-to-earnings ratio of 57.77 and a beta of 1.41. Lattice Semiconductor Co. has a 52 week low of $40.65 and a 52 week high of $85.69.

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

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on LSCC shares. Needham & Company LLC lifted their price objective on Lattice Semiconductor from $56.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Raymond James reduced their price target on shares of Lattice Semiconductor from $55.00 to $52.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. Rosenblatt Securities restated a “buy” rating and issued a $85.00 price objective on shares of Lattice Semiconductor in a research report on Wednesday, December 11th. StockNews.com upgraded shares of Lattice Semiconductor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Finally, KeyCorp boosted their price objective on shares of Lattice Semiconductor from $54.00 to $70.00 and gave the stock an “overweight” rating in a research report on Wednesday. One research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, Lattice Semiconductor has a consensus rating of “Moderate Buy” and an average target price of $64.58.

Insider Activity at Lattice Semiconductor

In related news, SVP Mark Jon Nelson sold 1,850 shares of the firm’s stock in a transaction on Friday, December 6th. The stock was sold at an average price of $57.92, for a total transaction of $107,152.00. Following the sale, the senior vice president now owns 14,279 shares of the company’s stock, valued at approximately $827,039.68. This trade represents a 11.47 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Pravin Desale sold 4,387 shares of Lattice Semiconductor stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $50.01, for a total value of $219,393.87. Following the transaction, the senior vice president now owns 365 shares in the company, valued at approximately $18,253.65. This represents a 92.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,022 shares of company stock worth $596,502 in the last ninety days. Company 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.