Barclays PLC Buys 372,301 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Barclays PLC grew its holdings in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 57.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,019,896 shares of the semiconductor company's stock after buying an additional 372,301 shares during the period. Barclays PLC owned 0.74% of Lattice Semiconductor worth $54,124,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Swedbank AB boosted its position in Lattice Semiconductor by 0.6% during the second quarter. Swedbank AB now owns 53,807 shares of the semiconductor company's stock worth $3,120,000 after purchasing an additional 300 shares during the period. HighTower Advisors LLC lifted its stake in shares of Lattice Semiconductor by 7.3% during the 3rd quarter. HighTower Advisors LLC now owns 5,141 shares of the semiconductor company's stock worth $267,000 after buying an additional 348 shares during the last quarter. Financial Advocates Investment Management boosted its holdings in shares of Lattice Semiconductor by 7.4% during the 3rd quarter. Financial Advocates Investment Management now owns 5,706 shares of the semiconductor company's stock worth $303,000 after buying an additional 394 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its stake in Lattice Semiconductor by 35.5% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,553 shares of the semiconductor company's stock valued at $89,000 after buying an additional 407 shares during the last quarter. Finally, Toronto Dominion Bank raised its holdings in Lattice Semiconductor by 3.0% in the 2nd quarter. Toronto Dominion Bank now owns 14,372 shares of the semiconductor company's stock valued at $833,000 after acquiring an additional 422 shares during the period. 98.08% of the stock is currently owned by institutional investors.

Lattice Semiconductor Stock Performance

Shares of Lattice Semiconductor stock traded up $0.99 on Friday, reaching $63.45. 1,810,943 shares of the stock were exchanged, compared to its average volume of 2,364,684. The firm's 50 day moving average is $53.94 and its 200-day moving average is $54.31. The firm has a market cap of $8.75 billion, a PE ratio of 61.60 and a beta of 1.42. Lattice Semiconductor Co. has a one year low of $40.65 and a one year high of $85.69.

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

Insider Buying and Selling at Lattice Semiconductor

In related news, SVP Pravin Desale sold 1,096 shares of the firm's stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $62.54, for a total transaction of $68,543.84. Following the sale, 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Mark Jon Nelson sold 1,850 shares of the company's stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $57.92, for a total value of $107,152.00. Following the completion of the transaction, the senior vice president now directly owns 14,279 shares of the company's stock, valued at approximately $827,039.68. The trade was a 11.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 9,172 shares of company stock worth $490,534 over the last 90 days. Insiders own 1.80% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Rosenblatt Securities restated a "buy" rating and set a $85.00 price objective on shares of Lattice Semiconductor in a report on Wednesday. Susquehanna reduced their price target on Lattice Semiconductor from $65.00 to $55.00 and set a "positive" rating for the company in a research note on Tuesday, November 5th. Stifel Nicolaus increased their price objective on Lattice Semiconductor from $55.00 to $65.00 and gave the stock a "buy" rating in a research report on Wednesday. Raymond James dropped their target price on Lattice Semiconductor from $55.00 to $52.00 and set an "outperform" rating for the company in a report on Tuesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target 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. Two analysts have rated the stock with a sell rating and eleven have given a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $62.00.

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.