109,177 Shares in Lattice Semiconductor Co. (NASDAQ:LSCC) Purchased by Roubaix Capital LLC

Roubaix Capital LLC purchased a new stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 109,177 shares of the semiconductor company's stock, valued at approximately $5,794,000. Lattice Semiconductor accounts for about 3.2% of Roubaix Capital LLC's holdings, making the stock its 4th largest holding. Roubaix Capital LLC owned approximately 0.08% of Lattice Semiconductor at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. American National Bank & Trust raised its holdings in 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 buying an additional 709 shares during the period. West Oak Capital LLC grew its position 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 acquiring an additional 550 shares during the last quarter. Davidson Capital Management Inc. bought a new position in Lattice Semiconductor in the 1st quarter valued at $78,000. Blue Trust Inc. grew its position in 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 acquiring an additional 748 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in Lattice Semiconductor by 105.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,454 shares of the semiconductor company's stock valued at $114,000 after acquiring an additional 748 shares during the last quarter. Hedge funds and other institutional investors own 98.08% of the company's stock.

Insider Activity at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 1,232 shares of the 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 sale, 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 filing with the SEC, which can be accessed through the SEC website. In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 1,232 shares of the 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 sale, 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 filing with the SEC, which can be accessed through the SEC website. Also, CFO Sherri R. Luther sold 20,632 shares of the stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $48.89, for a total value of $1,008,698.48. Following the completion of the sale, the chief financial officer now owns 90,341 shares of the company's stock, valued at approximately $4,416,771.49. This trade represents 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 owned by corporate insiders.

Wall Street Analysts Forecast Growth

LSCC has been the topic of several research analyst reports. Benchmark reaffirmed a "buy" rating and issued a $60.00 price objective on shares of Lattice Semiconductor in a research report on Monday, September 16th. Susquehanna cut their price objective 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. Raymond James raised Lattice Semiconductor from a "market perform" rating to an "outperform" rating and set a $50.00 price objective on the stock in a research report on Thursday, August 8th. KeyCorp cut their price objective on Lattice Semiconductor from $85.00 to $60.00 and set an "overweight" rating on the stock in a research report on Tuesday, July 30th. Finally, StockNews.com downgraded Lattice Semiconductor from a "hold" rating to a "sell" rating in a research report on Saturday, August 3rd. 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. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $63.08.

Lattice Semiconductor Stock Performance

LSCC stock traded down $1.89 during trading on Thursday, reaching $50.66. 2,412,372 shares of the company traded hands, compared to its average volume of 2,369,823. Lattice Semiconductor Co. has a 12 month low of $40.65 and a 12 month high of $85.69. The business has a 50 day simple moving average of $49.87 and a 200 day simple moving average of $57.81. The company has a market capitalization of $6.98 billion, a price-to-earnings ratio of 37.25 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 net margin of 30.26% and a return on equity of 23.39%. The company had revenue of $124.08 million for the quarter, compared to the consensus estimate of $130.17 million. During the same period in the previous year, the business earned $0.40 EPS. Lattice Semiconductor's revenue for the quarter was down 34.7% compared to the same quarter last year. As a group, research analysts forecast that Lattice Semiconductor Co. will post 0.59 EPS for the current year.

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.