Nebula Research & Development LLC Sells 6,199 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Nebula Research & Development LLC trimmed its holdings in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 20.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 24,175 shares of the semiconductor company's stock after selling 6,199 shares during the period. Nebula Research & Development LLC's holdings in Lattice Semiconductor were worth $1,370,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. UMB Bank n.a. raised its position in Lattice Semiconductor by 67.7% in the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock worth $37,000 after buying an additional 266 shares during the last quarter. Arcadia Investment Management Corp MI purchased a new stake in shares of Lattice Semiconductor in the 4th quarter worth $38,000. Skandinaviska Enskilda Banken AB publ increased its position in Lattice Semiconductor by 102.7% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company's stock worth $38,000 after buying an additional 340 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Lattice Semiconductor by 88.1% in the fourth quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company's stock worth $45,000 after buying an additional 370 shares during the period. Finally, Kohmann Bosshard Financial Services LLC bought a new position in shares of Lattice Semiconductor in the fourth quarter worth about $57,000. Institutional investors own 98.08% of the company's stock.

Lattice Semiconductor Stock Down 1.5 %

NASDAQ LSCC traded down $0.71 during trading on Tuesday, hitting $48.25. 2,337,552 shares of the stock traded hands, compared to its average volume of 2,562,388. Lattice Semiconductor Co. has a 12-month low of $34.69 and a 12-month high of $78.85. The firm has a 50-day simple moving average of $53.75 and a 200-day simple moving average of $55.48. The company has a market capitalization of $6.64 billion, a P/E ratio of 109.66, a price-to-earnings-growth ratio of 3.03 and a beta of 1.64.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its earnings results on Monday, February 10th. The semiconductor company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.19 by ($0.14). Lattice Semiconductor had a net margin of 12.00% and a return on equity of 11.22%. As a group, research analysts predict that Lattice Semiconductor Co. will post 0.65 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, SVP Pravin Desale sold 2,890 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $68.29, for a total value of $197,358.10. Following the completion of the sale, the senior vice president now directly owns 93,903 shares of the company's stock, valued at $6,412,635.87. This trade represents a 2.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Robin Ann Abrams sold 10,000 shares of Lattice Semiconductor stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total value of $639,700.00. Following the completion of the transaction, the director now owns 122,538 shares of the company's stock, valued at approximately $7,838,755.86. This trade represents a 7.55 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.80% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. Benchmark raised their target price on shares of Lattice Semiconductor from $55.00 to $65.00 and gave the stock a "buy" rating in a research note on Tuesday, February 11th. Susquehanna raised their price objective on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company a "positive" rating in a research report on Tuesday, February 11th. KeyCorp upped their target price on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock an "overweight" rating in a report on Tuesday, February 11th. StockNews.com cut Lattice Semiconductor from a "hold" rating to a "sell" rating in a report on Tuesday, March 11th. Finally, Rosenblatt Securities restated a "buy" rating and issued a $85.00 price objective on shares of Lattice Semiconductor in a research report on Monday, February 10th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Lattice Semiconductor currently has an average rating of "Moderate Buy" and an average target price of $67.69.

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.