500,006 Shares in Lattice Semiconductor Co. (NASDAQ:LSCC) Bought by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new stake in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 500,006 shares of the semiconductor company's stock, valued at approximately $28,325,000. Raymond James Financial Inc. owned 0.36% of Lattice Semiconductor as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Greenland Capital Management LP purchased a new position in shares of Lattice Semiconductor in the fourth quarter worth approximately $4,214,000. Aster Capital Management DIFC Ltd bought a new position in Lattice Semiconductor in the fourth quarter worth approximately $74,000. Quadrant Capital Group LLC boosted its stake in shares of Lattice Semiconductor by 48.9% during the 4th quarter. Quadrant Capital Group LLC now owns 1,632 shares of the semiconductor company's stock worth $92,000 after acquiring an additional 536 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Lattice Semiconductor by 2.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 103,185 shares of the semiconductor company's stock valued at $5,845,000 after acquiring an additional 2,876 shares during the period. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Lattice Semiconductor in the 4th quarter worth $263,000. 98.08% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

LSCC has been the subject of several recent research reports. Benchmark boosted their price target on Lattice Semiconductor from $55.00 to $65.00 and gave the company a "buy" rating in a report on Tuesday, February 11th. KeyCorp increased their target price on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock an "overweight" rating in a report on Tuesday, February 11th. Rosenblatt Securities reaffirmed a "buy" rating and set a $85.00 price target on shares of Lattice Semiconductor in a report on Monday, February 10th. Loop Capital began coverage on shares of Lattice Semiconductor in a research note on Friday, April 4th. They issued a "buy" rating and a $85.00 price objective for the company. Finally, Needham & Company LLC restated a "buy" rating and set a $70.00 target price on shares of Lattice Semiconductor in a research note on Tuesday, February 11th. Two analysts have rated the stock with a sell rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $67.69.

Lattice Semiconductor Trading Down 1.0 %

LSCC opened at $41.18 on Friday. Lattice Semiconductor Co. has a 12 month low of $34.69 and a 12 month high of $78.85. The stock has a 50-day moving average of $56.39 and a 200 day moving average of $55.76. The firm has a market cap of $5.67 billion, a P/E ratio of 93.59, a P/E/G ratio of 3.03 and a beta of 1.64.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share for the quarter, missing the consensus estimate 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 earnings per share for the current fiscal year.

Insider Transactions at Lattice Semiconductor

In other Lattice Semiconductor news, Director Robin Ann Abrams sold 10,000 shares of the business's stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total transaction of $639,700.00. Following the completion of the transaction, the director now owns 122,538 shares in the company, valued at $7,838,755.86. The trade was a 7.55 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Pravin Desale sold 2,890 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $68.29, for a total value of $197,358.10. Following the transaction, the senior vice president now directly owns 93,903 shares in the company, valued at approximately $6,412,635.87. This represents a 2.99 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.19% of the company's stock.

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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