Alliancebernstein L.P. Grows Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Alliancebernstein L.P. grew its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 47.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 583,515 shares of the semiconductor company's stock after purchasing an additional 186,689 shares during the quarter. Alliancebernstein L.P. owned approximately 0.42% of Lattice Semiconductor worth $33,056,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. UMB Bank n.a. boosted its position in Lattice Semiconductor by 67.7% in the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock valued at $37,000 after buying an additional 266 shares during the period. Arcadia Investment Management Corp MI purchased a new stake in shares of Lattice Semiconductor in the fourth quarter valued at approximately $38,000. Skandinaviska Enskilda Banken AB publ grew its stake in Lattice Semiconductor by 102.7% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company's stock worth $38,000 after purchasing an additional 340 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in Lattice Semiconductor by 88.1% during the 4th quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company's stock worth $45,000 after purchasing an additional 370 shares during the period. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in Lattice Semiconductor during the 4th quarter valued at $57,000. 98.08% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on LSCC shares. Needham & Company LLC restated a "buy" rating and set a $70.00 price target on shares of Lattice Semiconductor in a research note on Tuesday, February 11th. StockNews.com lowered shares of Lattice Semiconductor from a "hold" rating to a "sell" rating in a report on Tuesday, March 11th. Rosenblatt Securities reissued a "buy" rating and set a $85.00 price target on shares of Lattice Semiconductor in a research report on Monday, February 10th. Benchmark boosted their target price on Lattice Semiconductor from $55.00 to $65.00 and gave the stock a "buy" rating in a research note on Tuesday, February 11th. Finally, Susquehanna increased their price target on Lattice Semiconductor from $70.00 to $75.00 and gave the company a "positive" rating in a research note on Tuesday, February 11th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Lattice Semiconductor currently has a consensus rating of "Moderate Buy" and a consensus price target of $67.69.

Insider Activity at Lattice Semiconductor

In related news, Director Robin Ann Abrams sold 10,000 shares of Lattice Semiconductor stock in a transaction 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 sale, the director now owns 122,538 shares of the company's stock, valued at approximately $7,838,755.86. This trade represents a 7.55 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Pravin Desale sold 2,890 shares of the business's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $68.29, for a total transaction of $197,358.10. Following the sale, the senior vice president now directly owns 93,903 shares of the company's stock, valued at $6,412,635.87. This represents a 2.99 % decrease in their position. The disclosure for this sale can be found here. 1.80% of the stock is owned by company insiders.

Lattice Semiconductor Trading Up 2.6 %

Shares of LSCC stock traded up $1.10 during trading hours on Friday, hitting $43.28. The company's stock had a trading volume of 3,811,822 shares, compared to its average volume of 2,536,875. The company has a 50 day moving average of $57.34 and a 200 day moving average of $56.08. Lattice Semiconductor Co. has a 12-month low of $34.69 and a 12-month high of $78.85. The stock has a market cap of $5.96 billion, a PE ratio of 98.37, a price-to-earnings-growth ratio of 3.03 and a beta of 1.64.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.14). Lattice Semiconductor had a return on equity of 11.22% and a net margin of 12.00%. As a group, analysts anticipate that Lattice Semiconductor Co. will post 0.65 earnings per share 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.