Fiera Capital Corp Sells 24,704 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Fiera Capital Corp cut its position in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 2.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 866,549 shares of the semiconductor company's stock after selling 24,704 shares during the quarter. Fiera Capital Corp owned 0.63% of Lattice Semiconductor worth $45,988,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. William Blair Investment Management LLC boosted its position in Lattice Semiconductor by 26.8% in the 2nd quarter. William Blair Investment Management LLC now owns 3,163,064 shares of the semiconductor company's stock valued at $183,426,000 after buying an additional 668,132 shares during the last quarter. Clearbridge Investments LLC grew its position in shares of Lattice Semiconductor by 19.3% during the second quarter. Clearbridge Investments LLC now owns 1,822,190 shares of the semiconductor company's stock worth $105,669,000 after buying an additional 294,290 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Lattice Semiconductor by 2.2% in the second quarter. Bank of New York Mellon Corp now owns 1,406,836 shares of the semiconductor company's stock valued at $81,582,000 after acquiring an additional 30,642 shares in the last quarter. Rokos Capital Management LLP boosted its stake in Lattice Semiconductor by 1,592.8% during the 1st quarter. Rokos Capital Management LLP now owns 1,212,878 shares of the semiconductor company's stock valued at $94,896,000 after acquiring an additional 1,141,230 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Lattice Semiconductor by 63.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,094,289 shares of the semiconductor company's stock worth $63,456,000 after acquiring an additional 426,511 shares in the last quarter. 98.08% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

LSCC has been the subject of a number of research reports. Stifel Nicolaus upgraded Lattice Semiconductor from a "hold" rating to a "buy" rating and set a $55.00 price target for the company in a research note on Tuesday, September 17th. Benchmark reiterated a "buy" rating and issued a $60.00 price target on shares of Lattice Semiconductor in a report on Monday, September 16th. Raymond James reduced their price objective on Lattice Semiconductor from $55.00 to $52.00 and set an "outperform" rating on the stock in a research note on Tuesday. StockNews.com lowered shares of Lattice Semiconductor from a "hold" rating to a "sell" rating in a research note on Saturday, August 3rd. Finally, Susquehanna reduced their price target on shares of Lattice Semiconductor from $65.00 to $55.00 and set a "positive" rating on the stock in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, Lattice Semiconductor currently has an average rating of "Moderate Buy" and an average target price of $58.42.

Lattice Semiconductor Trading Down 0.9 %

NASDAQ:LSCC traded down $0.52 during midday trading on Friday, hitting $54.53. 1,733,480 shares of the stock were exchanged, compared to its average volume of 2,423,206. Lattice Semiconductor Co. has a one year low of $40.65 and a one year high of $85.69. The business has a 50-day moving average price of $50.70 and a two-hundred day moving average price of $57.05. The company has a market capitalization of $7.52 billion, a price-to-earnings ratio of 52.94 and a beta of 1.39.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued its earnings results on Monday, November 4th. The semiconductor company reported $0.24 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.24. Lattice Semiconductor had a return on equity of 16.92% and a net margin of 25.48%. The business had revenue of $127.09 million for the quarter, compared to analysts' expectations of $127.05 million. During the same period in the previous year, the firm posted $0.41 EPS. The company's quarterly revenue was down 33.9% on a year-over-year basis. Sell-side analysts forecast that Lattice Semiconductor Co. will post 0.59 EPS for the current fiscal year.

Insider Activity

In other news, CFO Sherri R. Luther sold 20,632 shares of the firm's stock in a transaction on 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 completion of the sale, the chief financial officer now owns 90,341 shares of the company's stock, 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 filing with the SEC, which is available at this link. In other Lattice Semiconductor news, CFO Sherri R. Luther sold 20,632 shares of the stock in a transaction that occurred 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 $4,416,771.49. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Mark Jon Nelson sold 1,232 shares of the company's stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $48.98, for a total transaction of $60,343.36. Following the completion of the transaction, the senior vice president now directly 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. 1.80% of the stock is owned by company 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.