Values First Advisors Inc. Has $525,000 Holdings in Lattice Semiconductor Corporation (NASDAQ:LSCC)

Values First Advisors Inc. lifted its position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) by 11.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,939 shares of the semiconductor company’s stock after buying an additional 982 shares during the quarter. Values First Advisors Inc.’s holdings in Lattice Semiconductor were worth $525,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of LSCC. Price T Rowe Associates Inc. MD increased its position in shares of Lattice Semiconductor by 291.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,283,157 shares of the semiconductor company’s stock worth $355,942,000 after buying an additional 4,676,100 shares during the period. Norges Bank acquired a new stake in shares of Lattice Semiconductor during the fourth quarter worth $88,674,000. Janus Henderson Group PLC grew its holdings in Lattice Semiconductor by 740.3% in the fourth quarter. Janus Henderson Group PLC now owns 1,357,119 shares of the semiconductor company’s stock worth $76,843,000 after purchasing an additional 1,195,624 shares during the period. Hood River Capital Management LLC acquired a new stake in Lattice Semiconductor in the fourth quarter worth $44,147,000. Finally, Brown Advisory Inc. grew its holdings in Lattice Semiconductor by 110.6% in the fourth quarter. Brown Advisory Inc. now owns 970,411 shares of the semiconductor company’s stock worth $54,974,000 after purchasing an additional 509,704 shares during the period. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Lattice Semiconductor Stock Performance

Shares of LSCC stock opened at $50.88 on Tuesday. The firm has a market cap of $7.00 billion, a price-to-earnings ratio of 137.51, a P/E/G ratio of 3.50 and a beta of 1.52. Lattice Semiconductor Corporation has a 52 week low of $34.69 and a 52 week high of $70.55. The firm’s 50-day simple moving average is $49.62 and its two-hundred day simple moving average is $53.61.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings results on Monday, May 5th. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.22. Lattice Semiconductor had a net margin of 10.51% and a return on equity of 9.24%. The company had revenue of $120.15 million for the quarter, compared to analyst estimates of $120.09 million. During the same quarter in the previous year, the firm posted $0.29 earnings per share. The company’s quarterly revenue was down 14.7% compared to the same quarter last year. Analysts forecast that Lattice Semiconductor Corporation will post 0.65 earnings per share for the current year.

Insider Activity at Lattice Semiconductor

In related news, SVP Tracy Ann Feanny sold 1,790 shares of the business’s stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $56.56, for a total transaction of $101,242.40. Following the completion of the transaction, the senior vice president owned 87,106 shares of the company’s stock, valued at approximately $4,926,715.36. The trade was a 2.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Elizabeth M. Schwarting sold 700 shares of the business’s stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $52.03, for a total transaction of $36,421.00. Following the completion of the transaction, the director directly owned 8,084 shares of the company’s stock, valued at approximately $420,610.52. This represents a 7.97% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.80% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on LSCC shares. Wall Street Zen cut shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a report on Tuesday, March 11th. Williams Trading set a $60.00 price target on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Robert W. Baird lifted their price objective on shares of Lattice Semiconductor from $42.00 to $50.00 and gave the company an “outperform” rating in a report on Tuesday, May 6th. Loop Capital reduced their price objective on shares of Lattice Semiconductor from $85.00 to $75.00 and set a “buy” rating for the company in a report on Tuesday, May 6th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $72.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Two investment analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $63.15.

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.