SG Americas Securities LLC Has $154,000 Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

SG Americas Securities LLC lessened its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 83.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,908 shares of the semiconductor company's stock after selling 15,153 shares during the period. SG Americas Securities LLC's holdings in Lattice Semiconductor were worth $154,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of LSCC. American National Bank & Trust increased its position in shares of Lattice Semiconductor by 5,064.3% in the third quarter. American National Bank & Trust now owns 723 shares of the semiconductor company's stock valued at $38,000 after acquiring an additional 709 shares during the last quarter. West Oak Capital LLC increased its position in shares of Lattice Semiconductor by 220.0% in 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 last quarter. Davidson Capital Management Inc. acquired a new stake in shares of Lattice Semiconductor in the first quarter valued at about $78,000. Blue Trust Inc. increased its position in Lattice Semiconductor by 186.5% during the second quarter. Blue Trust Inc. now owns 1,149 shares of the semiconductor company's stock worth $67,000 after buying an additional 748 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in Lattice Semiconductor by 105.9% during the first quarter. EverSource Wealth Advisors LLC now owns 1,454 shares of the semiconductor company's stock worth $114,000 after buying an additional 748 shares during the last quarter. Institutional investors own 98.08% of the company's stock.

Lattice Semiconductor Stock Performance

Shares of LSCC stock traded up $0.47 during trading on Friday, hitting $54.34. The company had a trading volume of 1,618,160 shares, compared to its average volume of 2,374,707. The firm has a market capitalization of $7.49 billion, a P/E ratio of 40.14 and a beta of 1.39. The stock's 50-day moving average price is $49.45 and its 200 day moving average price is $58.55. Lattice Semiconductor Co. has a one year low of $40.65 and a one year high of $85.69.

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

Insider Activity at Lattice Semiconductor

In other Lattice Semiconductor news, 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 sale, the senior vice president now directly owns 14,919 shares in the company, valued at $730,732.62. This 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 available at the SEC website. In other Lattice Semiconductor news, 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 sale, the senior vice president now directly owns 14,919 shares in the company, valued at $730,732.62. This 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 available at the SEC website. Also, CFO Sherri R. Luther sold 20,632 shares of the company'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 sale, the chief financial officer now owns 90,341 shares of the company's stock, valued at $4,416,771.49. The trade was 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 currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on LSCC shares. Needham & Company LLC reissued a "buy" rating and set a $61.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, September 17th. Bank of America downgraded Lattice Semiconductor from a "neutral" rating to an "underperform" rating and lowered their price target for the stock from $83.00 to $47.00 in a research report on Tuesday, July 30th. Susquehanna lowered their price target on Lattice Semiconductor from $85.00 to $65.00 and set a "positive" rating on the stock in a research report on Tuesday, July 30th. Benchmark reissued a "buy" rating and set a $60.00 price target on shares of Lattice Semiconductor in a research report on Monday, September 16th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on Lattice Semiconductor from $82.00 to $56.00 and set a "buy" rating on the stock in a research report on Tuesday, July 30th. Two analysts have rated the stock with a sell rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Lattice Semiconductor presently has an average rating of "Moderate Buy" and an average price target of $63.08.

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.