Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Sold by First Trust Advisors LP

First Trust Advisors LP cut its stake in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 6.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 219,278 shares of the semiconductor company's stock after selling 15,546 shares during the period. First Trust Advisors LP owned 0.16% of Lattice Semiconductor worth $12,422,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in LSCC. Vanguard Group Inc. boosted its holdings in shares of Lattice Semiconductor by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 14,944,397 shares of the semiconductor company's stock valued at $846,600,000 after acquiring an additional 229,820 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Lattice Semiconductor by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 3,055,445 shares of the semiconductor company's stock worth $173,132,000 after buying an additional 74,655 shares in the last quarter. TD Asset Management Inc. grew its holdings in shares of Lattice Semiconductor by 9.9% in the 4th quarter. TD Asset Management Inc. now owns 1,810,834 shares of the semiconductor company's stock worth $102,584,000 after acquiring an additional 162,546 shares during the last quarter. Norges Bank purchased a new position in Lattice Semiconductor in the 4th quarter worth about $88,674,000. Finally, TimesSquare Capital Management LLC raised its holdings in shares of Lattice Semiconductor by 2,923.4% during the fourth quarter. TimesSquare Capital Management LLC now owns 1,523,545 shares of the semiconductor company's stock valued at $86,309,000 after acquiring an additional 1,473,154 shares during the period. Institutional investors and hedge funds own 98.08% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on LSCC shares. Benchmark boosted their target price on shares of Lattice Semiconductor from $55.00 to $65.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. Susquehanna lifted their target price on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company a "positive" rating in a research note on Tuesday, February 11th. Rosenblatt Securities reiterated a "buy" rating and set a $85.00 price objective on shares of Lattice Semiconductor in a report on Monday, February 10th. Needham & Company LLC reaffirmed a "buy" rating and issued a $70.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, February 11th. Finally, Stifel Nicolaus boosted their price objective on Lattice Semiconductor from $65.00 to $70.00 and gave the stock a "buy" rating in a research report on Tuesday, February 11th. Two analysts have rated the stock with a sell rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $67.69.

Lattice Semiconductor Stock Performance

Shares of NASDAQ:LSCC opened at $49.04 on Monday. The business has a fifty day moving average of $54.14 and a 200-day moving average of $55.50. Lattice Semiconductor Co. has a twelve month low of $34.69 and a twelve month high of $78.85. The firm has a market cap of $6.75 billion, a PE ratio of 111.46, 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 analysts' consensus estimates 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, analysts anticipate that Lattice Semiconductor Co. will post 0.65 EPS for the current fiscal year.

Insider Activity at Lattice Semiconductor

In related news, Director Robin Ann Abrams sold 10,000 shares of the stock in a transaction on Wednesday, February 26th. The stock was 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 in the company, valued at approximately $7,838,755.86. This represents a 7.55 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Pravin Desale sold 2,890 shares of Lattice Semiconductor stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $68.29, for a total transaction of $197,358.10. Following the transaction, the senior vice president now directly owns 93,903 shares of the company's stock, valued at approximately $6,412,635.87. This trade represents a 2.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.80% of the stock is owned by insiders.

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.

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