Lattice Semiconductor Co. (NASDAQ:LSCC) Position Increased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its holdings in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 9.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 202,474 shares of the semiconductor company's stock after purchasing an additional 18,320 shares during the period. Janney Montgomery Scott LLC owned about 0.15% of Lattice Semiconductor worth $10,745,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of LSCC. American National Bank & Trust lifted its holdings in Lattice Semiconductor by 5,064.3% in the 3rd quarter. American National Bank & Trust now owns 723 shares of the semiconductor company's stock valued at $38,000 after purchasing an additional 709 shares in the last quarter. West Oak Capital LLC lifted its stake 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 valued at $46,000 after buying an additional 550 shares during the period. Blue Trust Inc. boosted its position in 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 acquiring an additional 748 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its stake in Lattice Semiconductor by 35.5% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,553 shares of the semiconductor company's stock worth $89,000 after acquiring an additional 407 shares during the period. Finally, V Square Quantitative Management LLC acquired a new position in Lattice Semiconductor in the 2nd quarter valued at $110,000. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Lattice Semiconductor Trading Up 1.6 %

NASDAQ:LSCC traded up $0.88 during mid-day trading on Thursday, hitting $55.05. The company had a trading volume of 3,006,838 shares, compared to its average volume of 2,426,399. The business has a fifty day simple moving average of $50.56 and a 200-day simple moving average of $57.13. The firm has a market capitalization of $7.58 billion, a price-to-earnings ratio of 53.45 and a beta of 1.39. Lattice Semiconductor Co. has a 1 year low of $40.65 and a 1 year high of $85.69.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced 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 business had revenue of $127.09 million for the quarter, compared to the consensus estimate of $127.05 million. Lattice Semiconductor had a return on equity of 16.92% and a net margin of 25.48%. The company's revenue was down 33.9% on a year-over-year basis. During the same period last year, the business posted $0.41 EPS. As a group, research analysts anticipate that Lattice Semiconductor Co. will post 0.59 earnings per share for the current year.

Insider Activity

In other news, CFO Sherri R. Luther sold 20,632 shares of the firm's stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $48.89, for a total transaction of $1,008,698.48. Following the completion of the sale, the chief financial officer now directly owns 90,341 shares in the company, valued at $4,416,771.49. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CFO Sherri R. Luther sold 20,632 shares of Lattice Semiconductor stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $48.89, for a total value of $1,008,698.48. Following the completion of the sale, the chief financial officer now owns 90,341 shares in the company, valued at approximately $4,416,771.49. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Mark Jon Nelson sold 1,232 shares of the 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 $730,732.62. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.19% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on LSCC shares. StockNews.com downgraded Lattice Semiconductor from a "hold" rating to a "sell" rating in a research report on Saturday, August 3rd. Stifel Nicolaus raised shares of Lattice Semiconductor from a "hold" rating to a "buy" rating and set a $55.00 price objective for the company in a research note on Tuesday, September 17th. KeyCorp decreased their target price on shares of Lattice Semiconductor from $60.00 to $54.00 and set an "overweight" rating on the stock in a research report on Tuesday. Susquehanna dropped their price target on shares of Lattice Semiconductor from $65.00 to $55.00 and set a "positive" rating for the company in a research report on Tuesday. Finally, Raymond James cut their price target on shares of Lattice Semiconductor from $55.00 to $52.00 and set an "outperform" rating on the stock in a research note on Tuesday. Two equities research analysts have rated the stock with a sell rating and eleven have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $58.42.

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.