Greenland Capital Management LP Takes $4.21 Million Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Greenland Capital Management LP acquired a new position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 74,395 shares of the semiconductor company's stock, valued at approximately $4,214,000. Greenland Capital Management LP owned approximately 0.05% of Lattice Semiconductor at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Aster Capital Management DIFC Ltd acquired a new position in shares of Lattice Semiconductor in the 4th quarter valued at approximately $74,000. Quadrant Capital Group LLC boosted its stake in Lattice Semiconductor by 48.9% during the 4th quarter. Quadrant Capital Group LLC now owns 1,632 shares of the semiconductor company's stock valued at $92,000 after purchasing an additional 536 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Lattice Semiconductor by 2.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 103,185 shares of the semiconductor company's stock worth $5,845,000 after purchasing an additional 2,876 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Lattice Semiconductor during the 4th quarter worth about $263,000. Finally, Pilgrim Partners Asia Pte Ltd bought a new position in shares of Lattice Semiconductor in the fourth quarter valued at approximately $77,000. 98.08% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Lattice Semiconductor

In other news, Director Robin Ann Abrams sold 10,000 shares of the business's stock in a transaction that occurred on Wednesday, February 26th. The stock was 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Pravin Desale sold 2,890 shares of the business's stock in a transaction 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 position. The disclosure for this sale can be found here. Insiders own 1.80% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on LSCC. Needham & Company LLC reaffirmed a "buy" rating and set a $70.00 target price on shares of Lattice Semiconductor in a research note on Tuesday, February 11th. StockNews.com cut shares of Lattice Semiconductor from a "hold" rating to a "sell" rating in a research report on Tuesday, March 11th. Loop Capital assumed coverage on Lattice Semiconductor in a report on Friday, April 4th. They issued a "buy" rating and a $85.00 target price on the stock. Rosenblatt Securities reiterated a "buy" rating and set a $85.00 price objective on shares of Lattice Semiconductor in a report on Monday, February 10th. Finally, Benchmark raised their price objective 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 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. Based on data from MarketBeat.com, Lattice Semiconductor currently has a consensus rating of "Moderate Buy" and an average target price of $67.69.

Lattice Semiconductor Trading Up 2.6 %

NASDAQ:LSCC traded up $1.10 during mid-day trading on Friday, hitting $43.28. 3,811,822 shares of the company's stock traded hands, compared to its average volume of 2,539,053. Lattice Semiconductor Co. has a 12 month low of $34.69 and a 12 month high of $78.85. The firm has a market capitalization of $5.96 billion, a price-to-earnings ratio of 98.37, a price-to-earnings-growth ratio of 3.03 and a beta of 1.64. The firm has a 50 day moving average of $57.34 and a two-hundred day moving average of $56.09.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings data on Monday, February 10th. The semiconductor company reported $0.05 EPS 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%. As a group, equities research analysts expect that Lattice Semiconductor Co. will post 0.65 earnings per share for the current 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.