Edgestream Partners L.P. Cuts Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Edgestream Partners L.P. lowered its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 46.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 38,329 shares of the semiconductor company's stock after selling 32,811 shares during the period. Edgestream Partners L.P.'s holdings in Lattice Semiconductor were worth $2,171,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in LSCC. UMB Bank n.a. grew its stake 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 valued at $37,000 after buying an additional 266 shares in the last quarter. Arcadia Investment Management Corp MI purchased a new position in Lattice Semiconductor during the 4th quarter valued at about $38,000. Jones Financial Companies Lllp grew its position in Lattice Semiconductor by 88.1% in 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 in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new stake in Lattice Semiconductor during the fourth quarter worth about $57,000. Finally, Lindbrook Capital LLC lifted its position in shares of Lattice Semiconductor by 15.3% during 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 in the last quarter. Institutional investors and hedge funds own 98.08% of the company's stock.

Lattice Semiconductor Stock Performance

LSCC stock traded down $0.63 during midday trading on Thursday, reaching $57.98. 1,384,560 shares of the company were exchanged, compared to its average volume of 2,295,807. The company has a market cap of $7.99 billion, a price-to-earnings ratio of 131.78, a price-to-earnings-growth ratio of 3.03 and a beta of 1.43. Lattice Semiconductor Co. has a 1-year low of $40.65 and a 1-year high of $80.89. The stock's 50-day simple moving average is $59.35 and its 200 day simple moving average is $55.27.

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Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings results 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 return on equity of 11.22% and a net margin of 12.00%. On average, research analysts anticipate that Lattice Semiconductor Co. will post 0.65 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on LSCC shares. Benchmark upped their target price on shares of Lattice Semiconductor from $55.00 to $65.00 and gave the stock a "buy" rating in a research note on Tuesday, February 11th. StockNews.com lowered Lattice Semiconductor from a "hold" rating to a "sell" rating in a research report on Tuesday. Robert W. Baird lifted their target price on Lattice Semiconductor from $44.00 to $68.00 and gave the company an "outperform" rating in a report on Wednesday, December 11th. Susquehanna boosted their target price on Lattice Semiconductor from $70.00 to $75.00 and gave the stock a "positive" rating in a research note on Tuesday, February 11th. Finally, KeyCorp increased their price target on Lattice Semiconductor from $70.00 to $75.00 and gave the company an "overweight" rating in a research report on Tuesday, February 11th. Two research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the company. According to MarketBeat, Lattice Semiconductor currently has a consensus rating of "Moderate Buy" and an average price target of $66.25.

Insider Activity

In other news, SVP Mark Jon Nelson sold 1,850 shares of the firm's stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $57.28, for a total transaction of $105,968.00. Following the transaction, the senior vice president now directly owns 83,289 shares in the company, valued at approximately $4,770,793.92. This trade represents a 2.17 % decrease in their ownership of the stock. 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 company's stock in a transaction on Wednesday, February 26th. The shares were 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 of the company's stock, valued at approximately $7,838,755.86. This trade represents a 7.55 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 14,740 shares of company stock valued at $943,026. Insiders own 1.19% of the company's stock.

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.