30,000 Shares in Lattice Semiconductor Co. (NASDAQ:LSCC) Purchased by KP Management LLC

KP Management LLC purchased a new position in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 30,000 shares of the semiconductor company's stock, valued at approximately $1,592,000.

Several other hedge funds have also added to or reduced their stakes in LSCC. Blue Trust Inc. raised 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 worth $67,000 after buying an additional 748 shares in the last quarter. Norden Group LLC increased its stake in shares of Lattice Semiconductor by 1,196.1% during the first quarter. Norden Group LLC now owns 66,618 shares of the semiconductor company's stock valued at $5,212,000 after purchasing an additional 61,478 shares in the last quarter. Swedbank AB purchased a new stake in shares of Lattice Semiconductor during the first quarter valued at approximately $4,186,000. BNP Paribas Financial Markets grew its holdings in shares of Lattice Semiconductor by 28.9% during the first quarter. BNP Paribas Financial Markets now owns 587,444 shares of the semiconductor company's stock valued at $45,956,000 after buying an additional 131,881 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Lattice Semiconductor by 21.2% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 160,605 shares of the semiconductor company's stock valued at $12,763,000 after buying an additional 28,041 shares during the last quarter. 98.08% of the stock is owned by institutional investors.

Insider Activity

In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 1,232 shares of Lattice Semiconductor stock in a transaction on Tuesday, August 20th. The shares were 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 in the company, valued at approximately $730,732.62. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 1,232 shares of Lattice Semiconductor stock in a transaction on Tuesday, August 20th. The shares were 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 of the company's stock, valued at $730,732.62. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 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 $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. Insiders own 1.80% of the company's stock.

Lattice Semiconductor Price Performance

Shares of LSCC stock traded up $0.21 on Monday, hitting $54.55. 1,552,910 shares of the stock traded hands, compared to its average volume of 2,370,760. The firm has a market cap of $7.50 billion, a price-to-earnings ratio of 35.63 and a beta of 1.39. Lattice Semiconductor Co. has a 52 week low of $40.65 and a 52 week high of $85.69. The firm has a 50 day simple moving average of $49.56 and a two-hundred day simple moving average of $58.14.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings data on Monday, July 29th. The semiconductor company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.01). The firm had revenue of $124.08 million for 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 firm's revenue for the quarter was down 34.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.40 earnings per share. Sell-side analysts forecast that Lattice Semiconductor Co. will post 0.59 EPS for the current year.

Analyst Ratings Changes

LSCC has been the topic of a number of recent analyst reports. StockNews.com cut shares of Lattice Semiconductor from a "hold" rating to a "sell" rating in a report on Saturday, August 3rd. Raymond James upgraded shares of Lattice Semiconductor from a "market perform" rating to an "outperform" rating and set a $50.00 target price on the stock in a report on Thursday, August 8th. 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. TD Cowen upgraded shares of Lattice Semiconductor to a "strong-buy" rating in a report on Monday, September 16th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Lattice Semiconductor from $82.00 to $56.00 and set a "buy" rating on the stock in a report on Tuesday, July 30th. Two analysts have rated the stock with a sell rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $63.08.

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.