Kohmann Bosshard Financial Services LLC Acquires Shares of 1,000 Lattice Semiconductor Co. (NASDAQ:LSCC)

Kohmann Bosshard Financial Services LLC purchased a new position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,000 shares of the semiconductor company’s stock, valued at approximately $57,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. UMB Bank n.a. grew 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 worth $37,000 after buying an additional 266 shares in the last quarter. Arcadia Investment Management Corp MI bought a new position in shares of Lattice Semiconductor during the 4th quarter worth $38,000. Hollencrest Capital Management bought a new position in shares of Lattice Semiconductor during the 3rd quarter worth $53,000. Brooklyn Investment Group bought a new position in shares of Lattice Semiconductor during the 3rd quarter worth $89,000. Finally, GAMMA Investing LLC grew its position in shares of Lattice Semiconductor by 27.9% during the 4th quarter. GAMMA Investing LLC now owns 2,723 shares of the semiconductor company’s stock worth $154,000 after buying an additional 594 shares in the last quarter. Institutional investors own 98.08% of the company’s stock.

Lattice Semiconductor Stock Down 3.2 %

LSCC opened at $60.32 on Tuesday. The company has a market cap of $8.31 billion, a price-to-earnings ratio of 137.09, a PEG ratio of 3.03 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. The firm’s fifty day simple moving average is $59.02 and its two-hundred day simple moving average is $54.69.

Lattice Semiconductor (NASDAQ:LSCC) last issued its 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 net margin of 12.00% and a return on equity of 11.22%. On average, research analysts forecast that Lattice Semiconductor Co. will post 0.65 EPS for the current year.

Insider Activity

In related news, SVP Mark Jon Nelson sold 1,850 shares of the firm’s stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $57.92, for a total transaction of $107,152.00. Following the completion of the sale, the senior vice president now directly owns 14,279 shares in the company, valued at approximately $827,039.68. This trade represents a 11.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robin Ann Abrams sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total transaction of $639,700.00. Following the sale, the director now owns 122,538 shares of the company’s stock, valued at approximately $7,838,755.86. The trade was a 7.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 17,686 shares of company stock worth $1,118,722 over the last three months. Insiders own 1.80% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on LSCC shares. Benchmark raised their price objective on Lattice Semiconductor from $55.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. Robert W. Baird raised their price target on Lattice Semiconductor from $44.00 to $68.00 and gave the stock an “outperform” rating in a report on Wednesday, December 11th. KeyCorp raised their price target on Lattice Semiconductor from $70.00 to $75.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. StockNews.com downgraded Lattice Semiconductor from a “hold” rating to a “sell” rating in a report on Friday. Finally, TD Cowen lowered their price target on Lattice Semiconductor from $60.00 to $50.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Two research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $66.25.

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.