Nomura Asset Management Co. Ltd. Has $3.85 Million Stock Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Nomura Asset Management Co. Ltd. decreased its position in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 36.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 72,474 shares of the semiconductor company's stock after selling 42,378 shares during the period. Nomura Asset Management Co. Ltd. owned 0.05% of Lattice Semiconductor worth $3,846,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC bought a new position in shares of Lattice Semiconductor in the 2nd quarter valued at about $262,000. Swedbank AB boosted its stake in Lattice Semiconductor by 0.6% in the second quarter. Swedbank AB now owns 53,807 shares of the semiconductor company's stock valued at $3,120,000 after acquiring an additional 300 shares during the last quarter. Blue Trust Inc. grew its holdings 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 acquiring an additional 748 shares during the period. Raymond James & Associates raised its position in shares of Lattice Semiconductor by 14.6% during the 2nd quarter. Raymond James & Associates now owns 53,133 shares of the semiconductor company's stock valued at $3,081,000 after acquiring an additional 6,764 shares during the last quarter. Finally, Marshall Financial Group LLC acquired a new position in shares of Lattice Semiconductor in the 2nd quarter valued at $721,000. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on LSCC shares. Rosenblatt Securities reaffirmed a "buy" rating and set a $85.00 price objective on shares of Lattice Semiconductor in a research note on Wednesday. Stifel Nicolaus increased their price target on shares of Lattice Semiconductor from $55.00 to $65.00 and gave the company a "buy" rating in a research report on Wednesday. Susquehanna decreased their price objective on shares of Lattice Semiconductor from $65.00 to $55.00 and set a "positive" rating for the company in a report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Lattice Semiconductor from $56.00 to $50.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Finally, KeyCorp decreased their price target on shares of Lattice Semiconductor from $60.00 to $54.00 and set an "overweight" rating for the company in a report 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's stock. According to MarketBeat, Lattice Semiconductor currently has a consensus rating of "Moderate Buy" and an average price target of $62.00.

Lattice Semiconductor Trading Up 1.6 %

Shares of Lattice Semiconductor stock traded up $0.99 during trading on Friday, reaching $63.45. The stock had a trading volume of 1,825,793 shares, compared to its average volume of 2,364,684. The company has a market capitalization of $8.75 billion, a price-to-earnings ratio of 61.60 and a beta of 1.42. The stock has a fifty day moving average price of $54.15 and a two-hundred day moving average price of $54.06. Lattice Semiconductor Co. has a 52 week low of $40.65 and a 52 week high of $85.69.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its earnings results on Monday, November 4th. The semiconductor company reported $0.24 EPS for the quarter, meeting the consensus estimate of $0.24. The firm had revenue of $127.09 million for 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%. The business's quarterly revenue was down 33.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.41 EPS. On average, equities analysts forecast that Lattice Semiconductor Co. will post 0.54 EPS for the current fiscal year.

Insider Buying and Selling

In other news, SVP Pravin Desale sold 4,387 shares of the stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $50.01, for a total transaction of $219,393.87. Following the completion of the transaction, the senior vice president now directly owns 365 shares in the company, valued at $18,253.65. This represents a 92.32 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Tracy Ann Feanny sold 1,474 shares of the firm's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $50.86, for a total value of $74,967.64. Following the completion of the transaction, the senior vice president now owns 13,909 shares of the company's stock, valued at $707,411.74. The trade was a 9.58 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,172 shares of company stock worth $490,534. 1.80% of the stock is owned by insiders.

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.