K.J. Harrison & Partners Inc Has $1.68 Million Stake in Lattice Semiconductor Co. (NASDAQ:LSCC)

K.J. Harrison & Partners Inc lifted its position in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 200.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,000 shares of the semiconductor company's stock after purchasing an additional 20,000 shares during the quarter. K.J. Harrison & Partners Inc's holdings in Lattice Semiconductor were worth $1,678,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Tidal Investments LLC raised its stake in shares of Lattice Semiconductor by 2.0% in the third quarter. Tidal Investments LLC now owns 11,152 shares of the semiconductor company's stock valued at $592,000 after purchasing an additional 224 shares in the last quarter. CIBC Asset Management Inc raised its stake in Lattice Semiconductor by 5.8% during the fourth quarter. CIBC Asset Management Inc now owns 4,235 shares of the semiconductor company's stock worth $240,000 after acquiring an additional 231 shares in the last quarter. UMB Bank n.a. raised its stake in Lattice Semiconductor by 67.7% during the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock worth $37,000 after acquiring an additional 266 shares in the last quarter. HighTower Advisors LLC raised its stake in Lattice Semiconductor by 7.3% during the third quarter. HighTower Advisors LLC now owns 5,141 shares of the semiconductor company's stock worth $267,000 after acquiring an additional 348 shares in the last quarter. Finally, Empowered Funds LLC raised its stake in Lattice Semiconductor by 7.5% during the fourth quarter. Empowered Funds LLC now owns 5,010 shares of the semiconductor company's stock worth $284,000 after acquiring an additional 349 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.

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Insider Activity

In other news, Director Robin Ann Abrams sold 10,000 shares of the company's stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $63.97, for a total value of $639,700.00. Following the completion of the transaction, the director now owns 122,538 shares in the company, valued at $7,838,755.86. This represents a 7.55 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Pravin Desale sold 1,096 shares of the company's stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $62.54, for a total transaction of $68,543.84. Following the completion of the transaction, the senior vice president now owns 365 shares of the company's stock, valued at $22,827.10. This trade represents a 75.02 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 17,686 shares of company stock worth $1,118,722 over the last quarter. 1.80% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on LSCC shares. Needham & Company LLC restated a "buy" rating and set a $70.00 target price on shares of Lattice Semiconductor in a report on Tuesday, February 11th. Robert W. Baird increased their target price on Lattice Semiconductor from $44.00 to $68.00 and gave the stock an "outperform" rating in a report on Wednesday, December 11th. Rosenblatt Securities reiterated a "buy" rating and issued a $85.00 price target on shares of Lattice Semiconductor in a report on Monday, February 10th. Stifel Nicolaus raised their price target on Lattice Semiconductor from $65.00 to $70.00 and gave the company a "buy" rating in a report on Tuesday, February 11th. Finally, TD Cowen decreased their price target on Lattice Semiconductor from $60.00 to $50.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Two analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $66.25.

Lattice Semiconductor Stock Performance

NASDAQ:LSCC traded up $1.78 during trading hours on Friday, hitting $62.34. The stock had a trading volume of 3,321,335 shares, compared to its average volume of 2,425,093. Lattice Semiconductor Co. has a one year low of $40.65 and a one year high of $85.69. The company has a market cap of $8.59 billion, a price-to-earnings ratio of 141.69, a P/E/G ratio of 3.03 and a beta of 1.41. The business's 50 day moving average is $59.02 and its 200-day moving average is $54.56.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued its 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 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.

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.