Stifel Financial Corp Has $3.17 Million Stock Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Stifel Financial Corp increased its position in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 99.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 59,778 shares of the semiconductor company's stock after purchasing an additional 29,734 shares during the quarter. Stifel Financial Corp's holdings in Lattice Semiconductor were worth $3,172,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. American National Bank & Trust grew its holdings in shares of Lattice Semiconductor by 5,064.3% in the 3rd quarter. American National Bank & Trust now owns 723 shares of the semiconductor company's stock worth $38,000 after purchasing an additional 709 shares during the last quarter. West Oak Capital LLC boosted its position in Lattice Semiconductor by 220.0% in the second quarter. West Oak Capital LLC now owns 800 shares of the semiconductor company's stock valued at $46,000 after buying an additional 550 shares in the last quarter. Hollencrest Capital Management bought a new stake in Lattice Semiconductor during the third quarter worth about $53,000. Blue Trust Inc. increased its holdings in shares of Lattice Semiconductor by 186.5% during the second quarter. Blue Trust Inc. now owns 1,149 shares of the semiconductor company's stock worth $67,000 after buying an additional 748 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. raised its stake in shares of Lattice Semiconductor by 35.5% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,553 shares of the semiconductor company's stock valued at $89,000 after acquiring an additional 407 shares during the last quarter. Institutional investors and hedge funds own 98.08% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on LSCC shares. Stifel Nicolaus increased their price target on Lattice Semiconductor from $55.00 to $65.00 and gave the stock a "buy" rating in a research report on Wednesday, December 11th. KeyCorp decreased their target price on Lattice Semiconductor from $60.00 to $54.00 and set an "overweight" rating on the stock 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 stock a "buy" rating in a report on Wednesday, December 11th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $85.00 target price on shares of Lattice Semiconductor in a research note on Wednesday, December 11th. 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 equities research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $62.00.

Lattice Semiconductor Stock Down 6.7 %

NASDAQ LSCC traded down $4.22 on Wednesday, reaching $58.55. The company had a trading volume of 2,538,226 shares, compared to its average volume of 2,362,957. Lattice Semiconductor Co. has a 52 week low of $40.65 and a 52 week high of $85.69. The stock's 50 day moving average is $54.73 and its 200-day moving average is $53.77. The stock has a market cap of $8.08 billion, a price-to-earnings ratio of 56.85 and a beta of 1.42.

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

Insiders Place Their Bets

In related news, SVP Pravin Desale sold 1,096 shares of the stock in a transaction that occurred 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 completion of the sale, the senior vice president now directly owns 365 shares of the company's stock, valued at approximately $22,827.10. This represents a 75.02 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Mark Jon Nelson sold 1,850 shares of the firm's stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $57.92, for a total transaction of $107,152.00. Following the sale, the senior vice president now owns 14,279 shares in the company, valued at $827,039.68. This trade represents a 11.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,172 shares of company stock worth $490,534. Company insiders own 1.80% of the company's stock.

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.