Napean Trading & Investment Co Singapore PTE Ltd Increases Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Napean Trading & Investment Co Singapore PTE Ltd increased its stake in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 64.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 75,171 shares of the semiconductor company's stock after buying an additional 29,356 shares during the quarter. Napean Trading & Investment Co Singapore PTE Ltd owned about 0.05% of Lattice Semiconductor worth $4,258,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in Lattice Semiconductor by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 14,944,397 shares of the semiconductor company's stock valued at $846,600,000 after buying an additional 229,820 shares in the last quarter. Fox Run Management L.L.C. bought a new position in shares of Lattice Semiconductor during the 4th quarter worth $679,000. KLP Kapitalforvaltning AS purchased a new position in shares of Lattice Semiconductor during the fourth quarter valued at $1,586,000. Virtu Financial LLC bought a new stake in shares of Lattice Semiconductor in the fourth quarter valued at about $255,000. Finally, Sciencast Management LP purchased a new stake in Lattice Semiconductor in the fourth quarter worth about $769,000. 98.08% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have commented on LSCC. Stifel Nicolaus raised their target price on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the company a "buy" rating in a research report on Tuesday, February 11th. Robert W. Baird lifted their price objective on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the company an "outperform" rating in a report on Wednesday, December 11th. StockNews.com lowered Lattice Semiconductor from a "hold" rating to a "sell" rating in a report on Tuesday, March 11th. KeyCorp boosted their price target on Lattice Semiconductor from $70.00 to $75.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 11th. Finally, Susquehanna raised their price objective on Lattice Semiconductor from $70.00 to $75.00 and gave the company a "positive" rating in a research report on Tuesday, February 11th. Two investment analysts have rated the stock with a sell rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, Lattice Semiconductor presently has an average rating of "Moderate Buy" and a consensus price target of $66.25.

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Lattice Semiconductor Stock Down 6.5 %

Shares of LSCC traded down $3.85 during trading hours on Friday, reaching $55.30. 2,480,252 shares of the company traded hands, compared to its average volume of 2,357,255. The stock has a market capitalization of $7.61 billion, a P/E ratio of 125.68, a P/E/G ratio of 3.03 and a beta of 1.43. The business has a fifty day moving average price of $60.41 and a 200-day moving average price of $56.50. Lattice Semiconductor Co. has a 12-month low of $40.65 and a 12-month high of $80.13.

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

Insider Buying and Selling

In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 1,850 shares of the stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $57.28, for a total transaction of $105,968.00. Following the sale, the senior vice president now directly owns 83,289 shares of the company's stock, valued at approximately $4,770,793.92. This trade represents a 2.17 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Pravin Desale sold 2,890 shares of the business's 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 completion of the transaction, the senior vice president now directly owns 93,903 shares of the company's stock, valued at approximately $6,412,635.87. This trade represents a 2.99 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 14,740 shares of company stock valued at $943,026 over the last 90 days. Insiders own 1.80% of the company's stock.

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.