Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System decreased its position in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 12.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,297 shares of the semiconductor company's stock after selling 14,768 shares during the period. New York State Teachers Retirement System owned 0.07% of Lattice Semiconductor worth $5,270,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. American National Bank & Trust raised its stake in Lattice Semiconductor by 5,064.3% in the third quarter. American National Bank & Trust now owns 723 shares of the semiconductor company's stock valued at $38,000 after buying an additional 709 shares in the last quarter. West Oak Capital LLC increased its position in shares of Lattice Semiconductor by 220.0% during the second quarter. West Oak Capital LLC now owns 800 shares of the semiconductor company's stock worth $46,000 after purchasing an additional 550 shares in the last quarter. Davidson Capital Management Inc. acquired a new stake in shares of Lattice Semiconductor in the 1st quarter valued at about $78,000. Blue Trust Inc. grew its stake in Lattice Semiconductor by 186.5% during the 2nd quarter. Blue Trust Inc. now owns 1,149 shares of the semiconductor company's stock worth $67,000 after buying an additional 748 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in Lattice Semiconductor by 105.9% during the first quarter. EverSource Wealth Advisors LLC now owns 1,454 shares of the semiconductor company's stock worth $114,000 after buying an additional 748 shares during the period. Institutional investors and hedge funds own 98.08% of the company's stock.

Insider Activity

In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 1,232 shares of the stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $48.98, for a total transaction of $60,343.36. Following the transaction, the senior vice president now owns 14,919 shares of the company's stock, valued at $730,732.62. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, SVP Mark Jon Nelson sold 1,232 shares of Lattice Semiconductor stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $48.98, for a total transaction of $60,343.36. Following the transaction, the senior vice president now owns 14,919 shares in the company, valued at approximately $730,732.62. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Sherri R. Luther sold 20,632 shares of the business's stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $48.89, for a total value of $1,008,698.48. Following the transaction, the chief financial officer now owns 90,341 shares in the company, valued at approximately $4,416,771.49. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.19% of the company's stock.

Lattice Semiconductor Stock Performance

Lattice Semiconductor stock traded up $2.99 during midday trading on Wednesday, reaching $54.17. 4,621,624 shares of the company were exchanged, compared to its average volume of 2,423,691. The firm's 50-day simple moving average is $50.24 and its 200-day simple moving average is $57.17. Lattice Semiconductor Co. has a 1 year low of $40.65 and a 1 year high of $85.69. The company has a market capitalization of $7.46 billion, a price-to-earnings ratio of 37.63 and a beta of 1.39.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.24 EPS for the quarter, meeting analysts' consensus estimates of $0.24. The business had revenue of $127.09 million during the quarter, compared to the consensus estimate of $127.05 million. Lattice Semiconductor had a return on equity of 23.39% and a net margin of 30.26%. The business's revenue for the quarter was down 33.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.41 earnings per share. On average, analysts forecast that Lattice Semiconductor Co. will post 0.59 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Stifel Nicolaus raised shares of Lattice Semiconductor from a "hold" rating to a "buy" rating and set a $55.00 target price for the company in a report on Tuesday, September 17th. Susquehanna dropped their target price on Lattice Semiconductor from $65.00 to $55.00 and set a "positive" rating on the stock in a report on Tuesday. Bank of America downgraded Lattice Semiconductor from a "neutral" rating to an "underperform" rating and decreased their price target for the stock from $83.00 to $47.00 in a report on Tuesday, July 30th. Rosenblatt Securities restated a "buy" rating and set a $85.00 price objective on shares of Lattice Semiconductor in a research report on Monday. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $61.00 target price on shares of Lattice Semiconductor in a report on Tuesday, September 17th. Two equities research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $58.42.

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.