Rhumbline Advisers Has $22.56 Million Stock Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Rhumbline Advisers lifted its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 1.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 398,152 shares of the semiconductor company's stock after purchasing an additional 7,610 shares during the quarter. Rhumbline Advisers owned approximately 0.29% of Lattice Semiconductor worth $22,555,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of LSCC. Tidal Investments LLC increased 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 buying an additional 224 shares in the last quarter. UMB Bank n.a. increased its stake in shares of Lattice Semiconductor by 67.7% in the fourth 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 in the last quarter. HighTower Advisors LLC increased its stake in shares of Lattice Semiconductor by 7.3% in the third quarter. HighTower Advisors LLC now owns 5,141 shares of the semiconductor company's stock valued at $267,000 after buying an additional 348 shares in the last quarter. Empowered Funds LLC increased its stake in shares of Lattice Semiconductor by 7.5% in the fourth quarter. Empowered Funds LLC now owns 5,010 shares of the semiconductor company's stock valued at $284,000 after buying an additional 349 shares in the last quarter. Finally, Financial Advocates Investment Management increased its stake in shares of Lattice Semiconductor by 7.4% in the third quarter. Financial Advocates Investment Management now owns 5,706 shares of the semiconductor company's stock valued at $303,000 after buying an additional 394 shares in the last quarter. Institutional investors and hedge funds own 98.08% of the company's stock.

Insider Activity

In related news, SVP Pravin Desale sold 1,096 shares of Lattice Semiconductor stock in a transaction that occurred on Thursday, December 12th. The stock was 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 of the company's stock, valued at approximately $22,827.10. This trade represents a 75.02 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Mark Jon Nelson sold 1,850 shares of Lattice Semiconductor stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $57.28, for a total value of $105,968.00. Following the completion of the sale, the senior vice president now directly owns 83,289 shares in the company, valued at approximately $4,770,793.92. This represents a 2.17 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,051 shares of company stock worth $499,498 in the last 90 days. Corporate insiders own 1.80% of the company's stock.

Analysts Set New Price Targets

LSCC has been the subject of a number of research reports. KeyCorp raised their target price on Lattice Semiconductor from $70.00 to $75.00 and gave the company an "overweight" rating in a research note on Tuesday, February 11th. StockNews.com upgraded Lattice Semiconductor from a "sell" rating to a "hold" rating in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft decreased their price target on Lattice Semiconductor from $56.00 to $50.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Needham & Company LLC reiterated a "buy" rating and issued a $70.00 price target on shares of Lattice Semiconductor in a report on Tuesday, February 11th. Finally, Benchmark raised their price target on Lattice Semiconductor from $55.00 to $65.00 and gave the company a "buy" rating in a report on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $66.25.

Lattice Semiconductor Stock Performance

LSCC traded down $1.25 during midday trading on Friday, reaching $66.75. 2,427,297 shares of the company were exchanged, compared to its average volume of 2,651,723. Lattice Semiconductor Co. has a one year low of $40.65 and a one year high of $85.69. The stock has a market capitalization of $9.20 billion, a P/E ratio of 151.71, a PEG ratio of 3.03 and a beta of 1.41. The stock's 50-day simple moving average is $58.59 and its 200 day simple moving average is $53.71.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its quarterly earnings data 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 net margin of 12.00% and a return on equity of 11.22%. On average, research analysts anticipate that Lattice Semiconductor Co. will post 0.65 earnings per share for the current year.

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.