Signaturefd LLC Sells 485 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Signaturefd LLC decreased its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 24.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,503 shares of the semiconductor company’s stock after selling 485 shares during the period. Signaturefd LLC’s holdings in Lattice Semiconductor were worth $104,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. UMB Bank n.a. boosted its position in shares of Lattice Semiconductor by 100.7% in the 3rd quarter. UMB Bank n.a. now owns 307 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 154 shares in the last quarter. Headlands Technologies LLC acquired a new stake in Lattice Semiconductor in the third quarter worth about $26,000. Larson Financial Group LLC acquired a new stake in Lattice Semiconductor in the third quarter worth about $29,000. Heritage Wealth Advisors purchased a new stake in shares of Lattice Semiconductor during the third quarter worth about $33,000. Finally, Blue Trust Inc. increased its holdings in shares of Lattice Semiconductor by 129.4% during the fourth quarter. Blue Trust Inc. now owns 601 shares of the semiconductor company’s stock valued at $41,000 after acquiring an additional 339 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Lattice Semiconductor Stock Performance

LSCC stock opened at $76.86 on Tuesday. The firm’s fifty day moving average is $75.77 and its 200 day moving average is $68.89. The firm has a market cap of $10.57 billion, a PE ratio of 41.55, a P/E/G ratio of 16.67 and a beta of 1.38. Lattice Semiconductor Co. has a one year low of $51.96 and a one year high of $98.30.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings data on Monday, February 12th. The semiconductor company reported $0.45 EPS for the quarter, meeting analysts’ consensus estimates of $0.45. Lattice Semiconductor had a return on equity of 36.07% and a net margin of 35.14%. The business had revenue of $170.60 million during the quarter, compared to analysts’ expectations of $176.15 million. During the same period in the previous year, the business earned $0.38 earnings per share. The business’s revenue was down 3.0% compared to the same quarter last year. Research analysts predict that Lattice Semiconductor Co. will post 0.8 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on LSCC shares. Stifel Nicolaus dropped their target price on shares of Lattice Semiconductor from $70.00 to $67.00 and set a “hold” rating on the stock in a research report on Tuesday, February 13th. Benchmark upped their target price on Lattice Semiconductor from $70.00 to $95.00 and gave the company a “buy” rating in a research report on Tuesday, January 2nd. Rosenblatt Securities reaffirmed a “buy” rating and set a $85.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, February 13th. Susquehanna cut their price objective on Lattice Semiconductor from $80.00 to $78.00 and set a “positive” rating on the stock in a report on Tuesday, February 13th. Finally, KeyCorp upped their target price on Lattice Semiconductor from $80.00 to $85.00 and gave the company an “overweight” rating in a research report on Tuesday, February 13th. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $87.00.

Insider Buying and Selling

In other news, SVP Mark Jon Nelson sold 14,417 shares of the business’s stock in a transaction that occurred on Tuesday, February 20th. The shares were sold at an average price of $71.49, for a total value of $1,030,671.33. Following the sale, the senior vice president now directly owns 28,283 shares of the company’s stock, valued at approximately $2,021,951.67. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, SVP Mark Jon Nelson sold 14,417 shares of Lattice Semiconductor stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $71.49, for a total value of $1,030,671.33. Following the completion of the sale, the senior vice president now directly owns 28,283 shares of the company’s stock, valued at $2,021,951.67. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Sherri R. Luther sold 23,006 shares of the stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $74.78, for a total value of $1,720,388.68. Following the transaction, the chief financial officer now directly owns 124,116 shares in the company, valued at approximately $9,281,394.48. The disclosure for this sale can be found here. In the last quarter, insiders sold 43,741 shares of company stock valued at $3,225,795. 1.19% of the stock is owned by corporate insiders.

About Lattice Semiconductor

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.