Lattice Semiconductor Co. (NASDAQ:LSCC) Stock Position Increased by Cetera Investment Advisers

Cetera Investment Advisers increased its stake in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 280.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 17,958 shares of the semiconductor company's stock after acquiring an additional 13,236 shares during the period. Cetera Investment Advisers' holdings in Lattice Semiconductor were worth $1,041,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

LSCC has been the subject of a number of research reports. Benchmark reiterated a "buy" rating and set a $60.00 target price on shares of Lattice Semiconductor in a report on Monday, September 16th. Needham & Company LLC reiterated a "buy" rating and set a $61.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, September 17th. Rosenblatt Securities reissued a "buy" rating and issued a $85.00 target price on shares of Lattice Semiconductor in a research note on Tuesday, July 30th. Stifel Nicolaus upgraded shares of Lattice Semiconductor from a "hold" rating to a "buy" rating and set a $55.00 target price on the stock in a report on Tuesday, September 17th. Finally, Susquehanna lowered their price target on Lattice Semiconductor from $85.00 to $65.00 and set a "positive" rating for the company in a report on Tuesday, July 30th. Two research analysts have rated the stock with a sell rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Lattice Semiconductor currently has an average rating of "Moderate Buy" and an average target price of $63.08.

Insider Buying and Selling at Lattice Semiconductor

In related news, SVP Mark Jon Nelson sold 1,232 shares of Lattice Semiconductor stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $48.98, for a total value 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 approximately $730,732.62. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, SVP Mark Jon Nelson sold 1,232 shares of the firm'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 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Sherri R. Luther sold 20,632 shares of Lattice Semiconductor stock in a transaction on 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 transaction, the chief financial officer now directly owns 90,341 shares of the company's stock, valued at approximately $4,416,771.49. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by insiders.

Lattice Semiconductor Stock Performance

Shares of NASDAQ:LSCC traded up $2.59 during trading on Friday, hitting $53.31. The company's stock had a trading volume of 2,676,837 shares, compared to its average volume of 2,383,321. The company has a market capitalization of $7.33 billion, a PE ratio of 32.51 and a beta of 1.39. Lattice Semiconductor Co. has a fifty-two week low of $40.65 and a fifty-two week high of $85.69. The stock's 50-day moving average price is $48.87 and its two-hundred day moving average price is $59.32.

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

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.