Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Sold by Amundi

Amundi cut its holdings in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 50.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 69,249 shares of the semiconductor company's stock after selling 71,104 shares during the quarter. Amundi owned 0.05% of Lattice Semiconductor worth $3,865,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in LSCC. TimesSquare Capital Management LLC lifted its holdings in Lattice Semiconductor by 2,923.4% during the 4th quarter. TimesSquare Capital Management LLC now owns 1,523,545 shares of the semiconductor company's stock worth $86,309,000 after buying an additional 1,473,154 shares in the last quarter. Point72 Asset Management L.P. acquired a new stake in Lattice Semiconductor during the 3rd quarter worth approximately $49,297,000. Westfield Capital Management Co. LP acquired a new stake in Lattice Semiconductor during the 3rd quarter worth approximately $38,194,000. Raymond James Financial Inc. acquired a new stake in Lattice Semiconductor during the 4th quarter worth approximately $28,325,000. Finally, Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in Lattice Semiconductor by 319.4% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 500,000 shares of the semiconductor company's stock worth $26,535,000 after buying an additional 380,790 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Robert W. Baird increased their target price on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the stock an "outperform" rating in a report on Wednesday, December 11th. Needham & Company LLC reissued a "buy" rating and issued a $70.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, February 11th. Stifel Nicolaus increased their price objective on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the company a "buy" rating in a research report on Tuesday, February 11th. Susquehanna increased their price objective on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company a "positive" rating in a research report on Tuesday, February 11th. Finally, Benchmark increased their price objective on shares of Lattice Semiconductor from $55.00 to $65.00 and gave the company a "buy" rating in a research report on Tuesday, February 11th. Two investment analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $66.25.

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Lattice Semiconductor Trading Down 2.9 %

Shares of NASDAQ LSCC traded down $1.79 during mid-day trading on Thursday, reaching $60.54. The company had a trading volume of 1,029,084 shares, compared to its average volume of 2,287,675. The firm has a 50 day simple moving average of $59.85 and a two-hundred day simple moving average of $55.77. The stock has a market cap of $8.34 billion, a P/E ratio of 137.59, a PEG ratio of 3.03 and a beta of 1.43. Lattice Semiconductor Co. has a 52-week low of $40.65 and a 52-week high of $80.47.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its earnings results on Monday, February 10th. The semiconductor company reported $0.05 EPS for the quarter, missing analysts' consensus estimates 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, equities analysts expect that Lattice Semiconductor Co. will post 0.65 EPS for the current year.

Insider Buying and Selling

In related news, SVP Pravin Desale sold 2,890 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $68.29, for a total transaction of $197,358.10. Following the completion of the sale, the senior vice president now owns 93,903 shares in the company, valued at $6,412,635.87. This represents a 2.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Mark Jon Nelson sold 1,850 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $57.28, for a total transaction of $105,968.00. Following the sale, the senior vice president now owns 83,289 shares of the company's stock, valued at approximately $4,770,793.92. This represents a 2.17 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 14,740 shares of company stock worth $943,026 in the last 90 days. Company insiders own 1.80% of the company's stock.

Lattice Semiconductor 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.