Hennion & Walsh Asset Management Inc. Has $1.37 Million Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Hennion & Walsh Asset Management Inc. grew its holdings in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 62.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,869 shares of the semiconductor company's stock after purchasing an additional 9,969 shares during the quarter. Hennion & Walsh Asset Management Inc.'s holdings in Lattice Semiconductor were worth $1,373,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in LSCC. American National Bank & Trust boosted its position in shares of Lattice Semiconductor by 5,064.3% during the 3rd 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 boosted its holdings in Lattice Semiconductor by 220.0% in the 2nd quarter. West Oak Capital LLC now owns 800 shares of the semiconductor company's stock valued at $46,000 after purchasing an additional 550 shares during the last quarter. Blue Trust Inc. grew its stake 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 valued at $67,000 after buying an additional 748 shares during the period. Davidson Capital Management Inc. purchased a new stake in shares of Lattice Semiconductor in the 1st quarter valued at approximately $78,000. Finally, Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of Lattice Semiconductor by 35.5% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,553 shares of the semiconductor company's stock worth $89,000 after buying an additional 407 shares during the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Lattice Semiconductor news, CFO Sherri R. Luther sold 20,632 shares of the stock in a transaction on Tuesday, August 20th. The shares were 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 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Lattice Semiconductor news, 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 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Mark Jon Nelson sold 1,232 shares of the business's stock in a transaction 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 owns 14,919 shares of the company's stock, valued at $730,732.62. This trade 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 Stock Performance

NASDAQ LSCC traded up $0.47 during trading hours on Friday, reaching $54.34. The company's stock had a trading volume of 1,618,479 shares, compared to its average volume of 2,374,707. The company's 50-day moving average is $49.56 and its two-hundred day moving average is $58.27. Lattice Semiconductor Co. has a fifty-two week low of $40.65 and a fifty-two week high of $85.69. The stock has a market cap of $7.47 billion, a PE ratio of 34.83 and a beta of 1.39.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings results 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). The company had revenue of $124.08 million during the quarter, compared to analyst estimates of $130.17 million. Lattice Semiconductor had a net margin of 30.26% and a return on equity of 23.39%. The firm's revenue for the quarter was down 34.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.40 EPS. Equities analysts expect that Lattice Semiconductor Co. will post 0.59 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Bank of America cut 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 report on Tuesday, July 30th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Lattice Semiconductor from $82.00 to $56.00 and set a "buy" rating for the company in a research note on Tuesday, July 30th. Stifel Nicolaus raised shares of Lattice Semiconductor from a "hold" rating to a "buy" rating and set a $55.00 price target on the stock in a research note on Tuesday, September 17th. Needham & Company LLC reaffirmed a "buy" rating and set a $61.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, September 17th. Finally, Susquehanna dropped their target price on shares of Lattice Semiconductor from $85.00 to $65.00 and set a "positive" rating for the company in a report on Tuesday, July 30th. Two equities 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 stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $63.08.

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.