Values First Advisors Inc. lifted its stake in Lattice Semiconductor Co. (NASDAQ:LSCC – Free Report) by 84.4% during the fourth quarter, HoldingsChannel reports. The fund owned 8,957 shares of the semiconductor company’s stock after purchasing an additional 4,100 shares during the quarter. Values First Advisors Inc.’s holdings in Lattice Semiconductor were worth $507,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of the company. UMB Bank n.a. grew its stake in Lattice Semiconductor by 67.7% in the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock valued at $37,000 after purchasing an additional 266 shares in the last quarter. Hollencrest Capital Management bought a new stake in shares of Lattice Semiconductor in the 3rd quarter valued at approximately $53,000. Brooklyn Investment Group bought a new stake in shares of Lattice Semiconductor in the 3rd quarter valued at approximately $89,000. GAMMA Investing LLC increased its holdings in Lattice Semiconductor by 27.9% in the fourth quarter. GAMMA Investing LLC now owns 2,723 shares of the semiconductor company’s stock worth $154,000 after buying an additional 594 shares during the last quarter. Finally, Resonant Capital Advisors LLC acquired a new position in Lattice Semiconductor in the third quarter worth approximately $207,000. 98.08% of the stock is currently owned by hedge funds and other institutional investors.
Insider Transactions at Lattice Semiconductor
In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 1,474 shares of the business’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $50.86, for a total value of $74,967.64. Following the transaction, the senior vice president now owns 13,909 shares of the company’s stock, valued at approximately $707,411.74. The trade was a 9.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Pravin Desale sold 4,387 shares of the firm’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $50.01, for a total value of $219,393.87. Following the completion of the sale, the senior vice president now owns 365 shares of the company’s stock, valued at approximately $18,253.65. This trade represents a 92.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 11,022 shares of company stock valued at $596,502. Corporate insiders own 1.80% of the company’s stock.
Lattice Semiconductor Price Performance
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last announced its earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.14). Lattice Semiconductor had a return on equity of 16.84% and a net margin of 25.48%. On average, equities research analysts predict that Lattice Semiconductor Co. will post 0.54 EPS for the current fiscal year.
Analysts Set New Price Targets
Several analysts have commented on the stock. Benchmark boosted their target price on shares of Lattice Semiconductor from $55.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday. Susquehanna upped their price objective on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock a “positive” rating in a report on Tuesday. KeyCorp raised their target price on Lattice Semiconductor from $70.00 to $75.00 and gave the company an “overweight” rating in a report on Tuesday. Stifel Nicolaus raised their target price on Lattice Semiconductor from $65.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Rosenblatt Securities reissued a “buy” rating and set a $85.00 price objective on shares of Lattice Semiconductor in a report on Monday. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, Lattice Semiconductor presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.25.
Get Our Latest Stock Analysis on Lattice Semiconductor
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.
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