Healthcare of Ontario Pension Plan Trust Fund Has $6.91 Million Stake in Lattice Semiconductor Co. (NASDAQ:LSCC)

Healthcare of Ontario Pension Plan Trust Fund grew its stake in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 33.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 119,210 shares of the semiconductor company's stock after acquiring an additional 29,619 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned 0.09% of Lattice Semiconductor worth $6,913,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Rise Advisors LLC acquired a new position in Lattice Semiconductor in the first quarter valued at about $30,000. GAMMA Investing LLC increased its stake in Lattice Semiconductor by 82.4% during the 1st quarter. GAMMA Investing LLC now owns 737 shares of the semiconductor company's stock worth $58,000 after purchasing an additional 333 shares in the last quarter. West Oak Capital LLC raised its holdings in Lattice Semiconductor by 220.0% during the 2nd quarter. West Oak Capital LLC now owns 800 shares of the semiconductor company's stock worth $46,000 after buying an additional 550 shares during the period. Davidson Capital Management Inc. bought a new position in Lattice Semiconductor in the first quarter valued at approximately $78,000. Finally, Blue Trust Inc. lifted its stake in Lattice Semiconductor by 186.5% in the second quarter. Blue Trust Inc. now owns 1,149 shares of the semiconductor company's stock valued at $67,000 after buying an additional 748 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on LSCC shares. TD Cowen upgraded shares of Lattice Semiconductor to a "strong-buy" rating in a report on Monday, September 16th. Susquehanna decreased their target price on shares of Lattice Semiconductor from $85.00 to $65.00 and set a "positive" rating for the company in a research note on Tuesday, July 30th. Raymond James upgraded Lattice Semiconductor from a "market perform" rating to an "outperform" rating and set a $50.00 price target for the company in a report on Thursday, August 8th. Rosenblatt Securities reiterated a "buy" rating and issued a $85.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, July 30th. Finally, Bank of America lowered Lattice Semiconductor from a "neutral" rating to an "underperform" rating and lowered their target price for the stock from $83.00 to $47.00 in a research note on Tuesday, July 30th. Two research analysts have rated the stock with a sell rating, ten have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Lattice Semiconductor currently has a consensus rating of "Moderate Buy" and an average target price of $63.08.

Insider Transactions at Lattice Semiconductor

In related news, SVP Mark Jon Nelson sold 1,232 shares of Lattice Semiconductor stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $48.98, for a total value of $60,343.36. Following the transaction, the senior vice president now directly owns 14,919 shares of the company's stock, valued at $730,732.62. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CFO Sherri R. Luther sold 20,632 shares of the company'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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Mark Jon Nelson sold 1,232 shares of the firm's stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $48.98, for a total value of $60,343.36. Following the sale, the senior vice president now directly owns 14,919 shares of the company's stock, valued at $730,732.62. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.80% of the stock is owned by company insiders.

Lattice Semiconductor Trading Up 2.6 %

Lattice Semiconductor stock traded up $1.33 during midday trading on Friday, reaching $53.01. The company's stock had a trading volume of 1,749,891 shares, compared to its average volume of 2,405,962. The business has a 50-day moving average price of $48.24 and a 200-day moving average price of $60.91. Lattice Semiconductor Co. has a 52 week low of $40.65 and a 52 week high of $85.69. The stock has a market cap of $7.29 billion, a PE ratio of 33.98 and a beta of 1.39.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued its quarterly earnings data on Monday, July 29th. The semiconductor company reported $0.23 earnings per share for the quarter, missing analysts' consensus estimates of $0.24 by ($0.01). Lattice Semiconductor had a return on equity of 23.39% and a net margin of 30.26%. The firm had revenue of $124.08 million for the quarter, compared to the consensus estimate of $130.17 million. During the same quarter in the prior year, the firm earned $0.40 EPS. The company's revenue was down 34.7% on a year-over-year basis. As a group, research analysts predict that Lattice Semiconductor Co. will post 0.59 EPS for the current fiscal year.

Lattice Semiconductor Company 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.