Artisan Partners Limited Partnership Sells 401,387 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Artisan Partners Limited Partnership trimmed its holdings in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 4.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,591,368 shares of the semiconductor company's stock after selling 401,387 shares during the quarter. Artisan Partners Limited Partnership owned about 6.23% of Lattice Semiconductor worth $486,701,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Lattice Semiconductor by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 14,944,397 shares of the semiconductor company's stock valued at $846,600,000 after acquiring an additional 229,820 shares in the last quarter. TD Asset Management Inc. increased its stake in Lattice Semiconductor by 9.9% during the 4th quarter. TD Asset Management Inc. now owns 1,810,834 shares of the semiconductor company's stock valued at $102,584,000 after purchasing an additional 162,546 shares in the last quarter. TimesSquare Capital Management LLC raised its holdings in Lattice Semiconductor by 2,923.4% in the fourth 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 during the last quarter. Barclays PLC lifted its stake in shares of Lattice Semiconductor by 57.5% in the third quarter. Barclays PLC now owns 1,019,896 shares of the semiconductor company's stock worth $54,124,000 after buying an additional 372,301 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Lattice Semiconductor by 3.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 939,393 shares of the semiconductor company's stock valued at $53,217,000 after buying an additional 29,516 shares during the last quarter. Institutional investors own 98.08% of the company's stock.

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Lattice Semiconductor Trading Down 6.0 %

Lattice Semiconductor stock traded down $3.32 during midday trading on Monday, hitting $51.98. The stock had a trading volume of 816,591 shares, compared to its average volume of 2,351,607. Lattice Semiconductor Co. has a 52-week low of $40.65 and a 52-week high of $80.13. The company has a market capitalization of $7.15 billion, a PE ratio of 117.47, a P/E/G ratio of 3.03 and a beta of 1.43. The firm's fifty day moving average is $60.41 and its two-hundred day moving average is $56.68.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings data on Monday, February 10th. The semiconductor company reported $0.05 EPS 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%. As a group, equities research analysts predict that Lattice Semiconductor Co. will post 0.65 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on LSCC shares. Needham & Company LLC reaffirmed a "buy" rating and set a $70.00 price target on shares of Lattice Semiconductor in a report on Tuesday, February 11th. Susquehanna upped their target price on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company a "positive" rating in a research note on Tuesday, February 11th. Robert W. Baird raised their price target on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the company an "outperform" rating in a report on Wednesday, December 11th. Benchmark boosted their target price on shares of Lattice Semiconductor from $55.00 to $65.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. Finally, KeyCorp lifted their price objective on Lattice Semiconductor from $70.00 to $75.00 and gave the stock an "overweight" rating in a report on Tuesday, February 11th. Two investment analysts have rated the stock with a sell rating and eleven have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $66.25.

Insider Activity

In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 1,850 shares of Lattice Semiconductor stock in a transaction on Monday, January 6th. The shares were sold at an average price of $57.28, for a total value of $105,968.00. Following the sale, the senior vice president now directly owns 83,289 shares in the company, valued at approximately $4,770,793.92. The trade was a 2.17 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Robin Ann Abrams sold 10,000 shares of the stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $63.97, for a total transaction of $639,700.00. Following the transaction, the director now directly owns 122,538 shares of the company's stock, valued at $7,838,755.86. This trade represents a 7.55 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,740 shares of company stock worth $943,026 over the last ninety days. Corporate 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.