CANADA LIFE ASSURANCE Co Buys 18,282 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

CANADA LIFE ASSURANCE Co raised its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 20.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 109,062 shares of the semiconductor company's stock after buying an additional 18,282 shares during the quarter. CANADA LIFE ASSURANCE Co owned about 0.08% of Lattice Semiconductor worth $6,171,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. US Bancorp DE grew its stake in Lattice Semiconductor by 2.9% during the fourth quarter. US Bancorp DE now owns 28,111 shares of the semiconductor company's stock valued at $1,592,000 after acquiring an additional 800 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Lattice Semiconductor by 3.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 939,393 shares of the semiconductor company's stock valued at $53,217,000 after purchasing an additional 29,516 shares in the last quarter. Compass Wealth Management LLC bought a new position in shares of Lattice Semiconductor in the fourth quarter worth $1,324,000. Barclays PLC increased its holdings 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 purchasing an additional 372,301 shares during the period. Finally, UMB Bank n.a. raised its position in shares of Lattice Semiconductor by 67.7% in the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock worth $37,000 after buying an additional 266 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors.

Lattice Semiconductor Trading Down 0.1 %

Shares of NASDAQ:LSCC traded down $0.05 on Friday, reaching $49.04. 1,747,011 shares of the company traded hands, compared to its average volume of 2,567,822. Lattice Semiconductor Co. has a 52 week low of $34.69 and a 52 week high of $78.85. The business's 50-day simple moving average is $54.14 and its 200 day simple moving average is $55.48. The stock has a market capitalization of $6.75 billion, a P/E ratio of 111.46, a price-to-earnings-growth ratio of 3.03 and a beta of 1.64.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.14). Lattice Semiconductor had a return on equity of 11.22% and a net margin of 12.00%. Sell-side analysts expect that Lattice Semiconductor Co. will post 0.65 EPS for the current fiscal year.

Insider Buying and Selling

In related news, SVP Pravin Desale sold 2,890 shares of the firm's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $68.29, for a total value of $197,358.10. Following the sale, the senior vice president now directly owns 93,903 shares of the company's stock, valued at $6,412,635.87. This trade represents a 2.99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Robin Ann Abrams sold 10,000 shares of the company's stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $63.97, for a total value 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. The trade was a 7.55 % decrease in their position. The disclosure for this sale can be found here. 1.80% of the stock is owned by insiders.

Wall Street Analyst Weigh In

LSCC has been the topic of a number of research analyst reports. Rosenblatt Securities restated a "buy" rating and issued a $85.00 target price on shares of Lattice Semiconductor in a research note on Monday, February 10th. Needham & Company LLC restated a "buy" rating and issued a $70.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, February 11th. Benchmark raised 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. Susquehanna boosted their price target on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock a "positive" rating in a research note on Tuesday, February 11th. Finally, Stifel Nicolaus increased their target price on Lattice Semiconductor from $65.00 to $70.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. Two analysts have rated the stock with a sell rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Lattice Semiconductor presently has an average rating of "Moderate Buy" and an average price target of $67.69.

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.