Harbor Capital Advisors Inc. grew its position in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 323.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,234 shares of the semiconductor company's stock after buying an additional 46,768 shares during the quarter. Harbor Capital Advisors Inc.'s holdings in Lattice Semiconductor were worth $3,250,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. American National Bank & Trust grew its position in Lattice Semiconductor by 5,064.3% during the third quarter. American National Bank & Trust now owns 723 shares of the semiconductor company's stock valued at $38,000 after purchasing an additional 709 shares in the last quarter. West Oak Capital LLC increased its holdings in Lattice Semiconductor by 220.0% in the second quarter. West Oak Capital LLC now owns 800 shares of the semiconductor company's stock worth $46,000 after buying an additional 550 shares during the last quarter. Davidson Capital Management Inc. bought a new position in Lattice Semiconductor during the first quarter valued at approximately $78,000. Blue Trust Inc. lifted 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 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 first quarter. EverSource Wealth Advisors LLC now owns 1,454 shares of the semiconductor company's stock worth $114,000 after acquiring an additional 748 shares in the last quarter. 98.08% of the stock is currently owned by hedge funds and other institutional investors.
Lattice Semiconductor Stock Performance
Shares of NASDAQ:LSCC traded down $0.38 on Monday, hitting $51.89. 3,850,550 shares of the company were exchanged, compared to its average volume of 2,375,405. The company's 50 day moving average price is $50.06 and its two-hundred day moving average price is $57.39. Lattice Semiconductor Co. has a one year low of $40.65 and a one year high of $85.69. The firm has a market capitalization of $7.15 billion, a price-to-earnings ratio of 38.10 and a beta of 1.39.
Insider Buying and Selling at Lattice Semiconductor
In other news, CFO Sherri R. Luther sold 20,632 shares of the business's stock in a transaction that occurred 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 directly owns 90,341 shares in the company, valued at approximately $4,416,771.49. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, SVP Mark Jon Nelson sold 1,232 shares of the company's stock in a transaction that occurred 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 sale, the senior vice president now directly owns 14,919 shares in the company, valued at approximately $730,732.62. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Sherri R. Luther sold 20,632 shares of the firm's stock in a transaction that occurred 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 transaction, the chief financial officer now owns 90,341 shares of the company's stock, valued at $4,416,771.49. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.80% of the company's stock.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on the stock. Rosenblatt Securities reaffirmed a "buy" rating and issued a $85.00 price objective on shares of Lattice Semiconductor in a research note on Monday. Stifel Nicolaus upgraded Lattice Semiconductor from a "hold" rating to a "buy" rating and set a $55.00 price target for the company in a research note on Tuesday, September 17th. Needham & Company LLC reissued a "buy" rating and issued a $61.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, September 17th. Susquehanna decreased their target price on Lattice Semiconductor from $85.00 to $65.00 and set a "positive" rating for the company in a research report on Tuesday, July 30th. Finally, KeyCorp dropped their price target on shares of Lattice Semiconductor from $85.00 to $60.00 and set an "overweight" rating on the stock in a research report on Tuesday, July 30th. Two investment analysts have rated the stock with a sell rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Lattice Semiconductor has an average rating of "Moderate Buy" and an average target price of $63.08.
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Lattice Semiconductor Profile
(
Free Report)
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.
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