Lattice Semiconductor Co. (NASDAQ:LSCC) Stock Position Lessened by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. reduced its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 3.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 63,100 shares of the semiconductor company’s stock after selling 2,500 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Lattice Semiconductor were worth $4,353,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. UMB Bank n.a. raised its position in shares of Lattice Semiconductor by 100.7% during the 3rd quarter. UMB Bank n.a. now owns 307 shares of the semiconductor company’s stock worth $26,000 after buying an additional 154 shares in the last quarter. Headlands Technologies LLC acquired a new stake in Lattice Semiconductor in the third quarter worth approximately $26,000. RVW Wealth LLC acquired a new position in shares of Lattice Semiconductor during the 3rd quarter valued at $27,000. Rockefeller Capital Management L.P. raised its position in Lattice Semiconductor by 404.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 429 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 344 shares in the last quarter. Finally, Larson Financial Group LLC acquired a new stake in Lattice Semiconductor in the 3rd quarter valued at about $29,000. 98.08% of the stock is currently owned by institutional investors.

Lattice Semiconductor Trading Up 0.9 %

Shares of NASDAQ:LSCC opened at $75.07 on Wednesday. The firm has a market cap of $10.33 billion, a price-to-earnings ratio of 40.58, a P/E/G ratio of 16.79 and a beta of 1.38. Lattice Semiconductor Co. has a 1 year low of $51.96 and a 1 year high of $98.30. The business has a fifty day simple moving average of $75.63 and a 200 day simple moving average of $69.60.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings data on Monday, February 12th. The semiconductor company reported $0.45 EPS for the quarter, hitting analysts’ consensus estimates of $0.45. The firm had revenue of $170.60 million for the quarter, compared to the consensus estimate of $176.15 million. Lattice Semiconductor had a return on equity of 36.07% and a net margin of 35.14%. The firm’s revenue was down 3.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.38 earnings per share. On average, sell-side analysts forecast that Lattice Semiconductor Co. will post 0.8 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Susquehanna dropped their target price on shares of Lattice Semiconductor from $80.00 to $78.00 and set a “positive” rating on the stock in a report on Tuesday, February 13th. Stifel Nicolaus cut their price objective on Lattice Semiconductor from $70.00 to $67.00 and set a “hold” rating for the company in a research report on Tuesday, February 13th. Needham & Company LLC reaffirmed a “buy” rating and set a $75.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, February 13th. KeyCorp lifted their target price on shares of Lattice Semiconductor from $80.00 to $85.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 13th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $85.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, February 13th. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $87.00.

Insider Buying and Selling

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 6,318 shares of the firm’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $75.14, for a total transaction of $474,734.52. Following the transaction, the senior vice president now directly owns 11,908 shares in the company, valued at $894,767.12. The transaction was disclosed in a filing with the SEC, which is available through this link. In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 6,318 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $75.14, for a total transaction of $474,734.52. Following the transaction, the senior vice president now owns 11,908 shares in the company, valued at $894,767.12. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Sherri R. Luther sold 23,006 shares of the business’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $74.78, for a total transaction of $1,720,388.68. Following the completion of the sale, the chief financial officer now owns 124,116 shares of the company’s stock, valued at $9,281,394.48. The disclosure for this sale can be found here. Over the last three months, insiders sold 43,741 shares of company stock worth $3,225,795. Corporate insiders own 1.19% 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.