Fox Run Management L.L.C. Acquires New Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Fox Run Management L.L.C. purchased a new stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,987 shares of the semiconductor company's stock, valued at approximately $679,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. UMB Bank n.a. lifted its position in Lattice Semiconductor by 67.7% during the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock valued at $37,000 after purchasing an additional 266 shares during the last quarter. Arcadia Investment Management Corp MI purchased a new stake in shares of Lattice Semiconductor during the 4th quarter valued at about $38,000. Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of 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 acquiring an additional 340 shares during the last quarter. Jones Financial Companies Lllp grew its position in Lattice Semiconductor by 88.1% in the fourth quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company's stock worth $45,000 after acquiring an additional 370 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in Lattice Semiconductor during the fourth quarter worth approximately $57,000. 98.08% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, SVP Mark Jon Nelson sold 1,850 shares of the business'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 completion of the transaction, the senior vice president now owns 83,289 shares in the company, valued at $4,770,793.92. The trade was a 2.17 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Robin Ann Abrams sold 10,000 shares of the stock in a transaction that occurred 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 sale, 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. Insiders sold 14,740 shares of company stock worth $943,026 in the last three months. 1.80% of the stock is owned by insiders.

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Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Rosenblatt Securities reaffirmed a "buy" rating and issued a $85.00 price objective on shares of Lattice Semiconductor in a research note on Monday, February 10th. Benchmark raised their price target on Lattice Semiconductor from $55.00 to $65.00 and gave the stock a "buy" rating in a research report on Tuesday, February 11th. 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 report on Tuesday, February 11th. KeyCorp raised their target price on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock an "overweight" rating in a report on Tuesday, February 11th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $70.00 price target on shares of Lattice Semiconductor in a research note on Tuesday, February 11th. Two analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $66.25.

Lattice Semiconductor Price Performance

Shares of NASDAQ:LSCC traded down $3.85 during trading on Friday, reaching $55.30. 2,480,252 shares of the company were exchanged, compared to its average volume of 2,357,254. The business's fifty day simple moving average is $60.41 and its 200-day simple moving average is $56.50. The firm has a market capitalization of $7.61 billion, a PE ratio of 125.68, a P/E/G ratio of 3.03 and a beta of 1.43. Lattice Semiconductor Co. has a 12-month low of $40.65 and a 12-month high of $80.13.

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 (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%. On average, sell-side analysts anticipate that Lattice Semiconductor Co. will post 0.65 EPS for the current fiscal year.

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.