Hennion & Walsh Asset Management Inc. Has $1.93 Million Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Hennion & Walsh Asset Management Inc. raised its stake in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 31.6% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 34,040 shares of the semiconductor company's stock after buying an additional 8,171 shares during the quarter. Hennion & Walsh Asset Management Inc.'s holdings in Lattice Semiconductor were worth $1,928,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of LSCC. American National Bank & Trust lifted its position in Lattice Semiconductor by 5,064.3% in the 3rd quarter. American National Bank & Trust now owns 723 shares of the semiconductor company's stock valued at $38,000 after purchasing an additional 709 shares during the last quarter. Hollencrest Capital Management acquired a new stake in shares of Lattice Semiconductor in the third quarter valued at approximately $53,000. Brooklyn Investment Group bought a new stake in shares of Lattice Semiconductor during the third quarter valued at approximately $89,000. GAMMA Investing LLC boosted its position in shares of Lattice Semiconductor by 257.8% during the third quarter. GAMMA Investing LLC now owns 2,129 shares of the semiconductor company's stock worth $113,000 after buying an additional 1,534 shares during the period. Finally, EverSource Wealth Advisors LLC grew its holdings in Lattice Semiconductor by 76.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,572 shares of the semiconductor company's stock worth $136,000 after buying an additional 1,118 shares in the last quarter. Institutional investors and hedge funds own 98.08% of the company's stock.

Analysts Set New Price Targets

LSCC has been the subject of several research analyst reports. Raymond James reduced their price objective on shares of Lattice Semiconductor from $55.00 to $52.00 and set an "outperform" rating for the company in a report on Tuesday, November 5th. Needham & Company LLC increased their price objective on shares of Lattice Semiconductor from $56.00 to $70.00 and gave the company a "buy" rating in a report on Wednesday, December 11th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Lattice Semiconductor from $56.00 to $50.00 and set a "buy" rating on the stock in a research note on Tuesday, November 5th. Rosenblatt Securities restated a "buy" rating and issued a $85.00 target price on shares of Lattice Semiconductor in a research report on Wednesday, December 11th. Finally, TD Cowen lowered their price target on Lattice Semiconductor from $60.00 to $50.00 and set a "buy" rating on the stock in a research report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $62.00.

Lattice Semiconductor Stock Performance

Shares of NASDAQ:LSCC traded up $1.93 during midday trading on Friday, hitting $58.31. 1,721,522 shares of the stock were exchanged, compared to its average volume of 1,685,367. The company has a market capitalization of $8.04 billion, a PE ratio of 56.61 and a beta of 1.41. Lattice Semiconductor Co. has a 52-week low of $40.65 and a 52-week high of $85.69. The business's fifty day simple moving average is $56.82 and its two-hundred day simple moving average is $53.36.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its earnings results on Monday, November 4th. The semiconductor company reported $0.24 EPS for the quarter, hitting the consensus estimate of $0.24. The firm had revenue of $127.09 million for the quarter, compared to the consensus estimate of $127.05 million. Lattice Semiconductor had a net margin of 25.48% and a return on equity of 16.84%. The business's quarterly revenue was down 33.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.41 earnings per share. As a group, equities analysts anticipate that Lattice Semiconductor Co. will post 0.54 EPS for the current year.

Insider Activity

In other news, SVP Pravin Desale sold 1,096 shares of the firm's stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $62.54, for a total value of $68,543.84. Following the sale, the senior vice president now owns 365 shares in the company, valued at approximately $22,827.10. This trade represents a 75.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Mark Jon Nelson sold 1,850 shares of the company's stock in a transaction 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 owns 83,289 shares of the company's stock, valued at approximately $4,770,793.92. The trade was a 2.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,022 shares of company stock valued at $596,502 over the last 90 days. 1.19% of the stock is currently owned by company insiders.

Lattice Semiconductor 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.