Lattice Semiconductor Co. (NASDAQ:LSCC) Holdings Boosted by Capital Research Global Investors

Capital Research Global Investors grew its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 10.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,258,500 shares of the semiconductor company's stock after purchasing an additional 216,617 shares during the period. Capital Research Global Investors owned 1.64% of Lattice Semiconductor worth $127,944,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. UMB Bank n.a. lifted its stake 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 worth $37,000 after purchasing an additional 266 shares during the period. Arcadia Investment Management Corp MI acquired a new stake in Lattice Semiconductor in the 4th quarter worth about $38,000. Skandinaviska Enskilda Banken AB publ grew its holdings in Lattice Semiconductor by 102.7% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company's stock valued at $38,000 after buying an additional 340 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Lattice Semiconductor by 88.1% during the 4th quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company's stock valued at $45,000 after acquiring an additional 370 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Lattice Semiconductor during the 4th quarter worth about $57,000. Institutional investors and hedge funds own 98.08% of the company's stock.

Lattice Semiconductor Trading Down 0.1 %

NASDAQ:LSCC traded down $0.05 on Friday, reaching $49.04. The stock had a trading volume of 1,747,011 shares, compared to its average volume of 2,568,436. Lattice Semiconductor Co. has a 12-month low of $34.69 and a 12-month high of $78.85. The stock has a market cap 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. The company has a 50-day moving average of $54.51 and a 200 day moving average of $55.47.

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

Insider Activity at Lattice Semiconductor

In other news, Director Robin Ann Abrams sold 10,000 shares of the company's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $63.97, for a total value of $639,700.00. Following the sale, the director now owns 122,538 shares in the company, valued at approximately $7,838,755.86. This represents a 7.55 % decrease in their position. The sale 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 Lattice Semiconductor 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 completion of the transaction, the senior vice president now 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 disclosure for this sale can be found here. 1.80% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on LSCC. Stifel Nicolaus boosted their price objective on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. Rosenblatt Securities restated a "buy" rating and set a $85.00 price target on shares of Lattice Semiconductor in a research note on Monday, February 10th. Loop Capital initiated coverage on Lattice Semiconductor in a research note on Friday, April 4th. They issued a "buy" rating and a $85.00 price objective on the stock. StockNews.com lowered shares of Lattice Semiconductor from a "hold" rating to a "sell" rating in a report on Tuesday, March 11th. Finally, Benchmark lifted their price target 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 equities research 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 company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $67.69.

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.