Legal & General Group Plc Has $14.57 Million Stock Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Legal & General Group Plc lessened its holdings in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 8.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 257,240 shares of the semiconductor company's stock after selling 22,368 shares during the period. Legal & General Group Plc owned 0.19% of Lattice Semiconductor worth $14,573,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Lindbrook Capital LLC increased its stake in shares of Lattice Semiconductor by 15.3% during the fourth quarter. Lindbrook Capital LLC now owns 1,428 shares of the semiconductor company's stock valued at $81,000 after acquiring an additional 190 shares during the period. Tidal Investments LLC raised its holdings in shares of Lattice Semiconductor by 2.0% during the third quarter. Tidal Investments LLC now owns 11,152 shares of the semiconductor company's stock valued at $592,000 after acquiring an additional 224 shares during the period. CIBC Asset Management Inc raised its stake in Lattice Semiconductor by 5.8% during the 4th quarter. CIBC Asset Management Inc now owns 4,235 shares of the semiconductor company's stock valued at $240,000 after purchasing an additional 231 shares during the period. UMB Bank n.a. lifted its stake in Lattice Semiconductor by 67.7% in the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock worth $37,000 after acquiring an additional 266 shares in the last quarter. Finally, Truvestments Capital LLC boosted its holdings in shares of Lattice Semiconductor by 6.8% during the fourth quarter. Truvestments Capital LLC now owns 4,295 shares of the semiconductor company's stock worth $243,000 after purchasing an additional 274 shares during the period. Institutional investors own 98.08% of the company's stock.

Lattice Semiconductor Trading Down 1.0 %

Shares of Lattice Semiconductor stock traded down $0.41 during trading on Friday, reaching $41.18. The stock had a trading volume of 2,605,434 shares, compared to its average volume of 2,557,876. The stock has a fifty day moving average price of $56.04 and a two-hundred day moving average price of $55.69. Lattice Semiconductor Co. has a 52 week low of $34.69 and a 52 week high of $78.85. The company has a market capitalization of $5.67 billion, a price-to-earnings ratio of 93.59, a P/E/G ratio of 3.03 and a beta of 1.64.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings data on Monday, February 10th. The semiconductor company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.19 by ($0.14). Lattice Semiconductor had a return on equity of 11.22% and a net margin of 12.00%. On average, equities analysts forecast that Lattice Semiconductor Co. will post 0.65 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Robin Ann Abrams sold 10,000 shares of the business's stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total transaction of $639,700.00. Following the sale, the director now owns 122,538 shares in the company, valued at $7,838,755.86. The trade was a 7.55 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Pravin Desale sold 2,890 shares of Lattice Semiconductor stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $68.29, for a total value of $197,358.10. Following the sale, the senior vice president now directly owns 93,903 shares in the company, valued at $6,412,635.87. The trade was a 2.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.19% of the company's stock.

Wall Street Analysts Forecast Growth

LSCC has been the topic of a number of research reports. StockNews.com downgraded shares of Lattice Semiconductor from a "hold" rating to a "sell" rating in a research note on Tuesday, March 11th. Rosenblatt Securities restated a "buy" rating and issued a $85.00 price objective on shares of Lattice Semiconductor in a report on Monday, February 10th. Benchmark lifted 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. Loop Capital assumed coverage on shares of Lattice Semiconductor in a report on Friday, April 4th. They set a "buy" rating and a $85.00 price target on the stock. Finally, Stifel Nicolaus upped their price objective on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the stock a "buy" rating in a report on Tuesday, February 11th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $67.69.

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.