California Public Employees Retirement System Sells 16,136 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

California Public Employees Retirement System trimmed its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 8.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 186,474 shares of the semiconductor company's stock after selling 16,136 shares during the quarter. California Public Employees Retirement System owned about 0.14% of Lattice Semiconductor worth $10,564,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Lindbrook Capital LLC raised its stake in shares of Lattice Semiconductor by 15.3% in the fourth quarter. Lindbrook Capital LLC now owns 1,428 shares of the semiconductor company's stock worth $81,000 after purchasing an additional 190 shares during the last quarter. Tidal Investments LLC raised its position in Lattice Semiconductor by 2.0% in the 3rd quarter. Tidal Investments LLC now owns 11,152 shares of the semiconductor company's stock worth $592,000 after buying an additional 224 shares during the last quarter. CIBC Asset Management Inc lifted its stake in Lattice Semiconductor by 5.8% during the 4th quarter. CIBC Asset Management Inc now owns 4,235 shares of the semiconductor company's stock valued at $240,000 after acquiring an additional 231 shares during the period. UMB Bank n.a. boosted its holdings in shares of Lattice Semiconductor by 67.7% during the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock valued at $37,000 after acquiring an additional 266 shares during the last quarter. Finally, Truvestments Capital LLC raised its holdings in shares of Lattice Semiconductor by 6.8% during the fourth quarter. Truvestments Capital LLC now owns 4,295 shares of the semiconductor company's stock valued at $243,000 after purchasing an additional 274 shares during the last quarter. 98.08% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently issued reports on LSCC. Stifel Nicolaus raised their target price on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the stock a "buy" rating in a report on Tuesday, February 11th. Needham & Company LLC restated a "buy" rating and issued a $70.00 price target on shares of Lattice Semiconductor in a research note on Tuesday, February 11th. StockNews.com lowered Lattice Semiconductor from a "hold" rating to a "sell" rating in a report on Tuesday, March 11th. Rosenblatt Securities reissued a "buy" rating and issued a $85.00 target price on shares of Lattice Semiconductor in a report on Monday, February 10th. Finally, Susquehanna boosted their price target on Lattice Semiconductor from $70.00 to $75.00 and gave the company a "positive" rating in a research note on Tuesday, February 11th. Two research analysts have rated the stock with a sell rating, eleven have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Lattice Semiconductor currently has an average rating of "Moderate Buy" and an average price target of $67.69.

Insider Buying and Selling at Lattice Semiconductor

In related news, Director Robin Ann Abrams sold 10,000 shares of the stock in a transaction dated 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 sale, the director now owns 122,538 shares in the company, valued at approximately $7,838,755.86. This trade represents a 7.55 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Pravin Desale sold 2,890 shares of the business's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $68.29, for a total value of $197,358.10. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.80% of the company's stock.

Lattice Semiconductor Trading Up 2.6 %

Lattice Semiconductor stock traded up $1.10 during midday trading on Friday, hitting $43.28. The stock had a trading volume of 3,811,822 shares, compared to its average volume of 2,536,875. Lattice Semiconductor Co. has a 52-week low of $34.69 and a 52-week high of $78.85. The company has a market capitalization of $5.96 billion, a PE ratio of 98.37, a P/E/G ratio of 3.03 and a beta of 1.64. The firm's fifty day moving average is $57.34 and its two-hundred day moving average is $56.08.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings data 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 11.22% and a net margin of 12.00%. As a group, equities research analysts predict that Lattice Semiconductor Co. will post 0.65 earnings per share for the current fiscal year.

Lattice Semiconductor Company 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.