New Age Alpha Advisors LLC Makes New Investment in Lattice Semiconductor Co. (NASDAQ:LSCC)

New Age Alpha Advisors LLC bought a new stake in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 49,726 shares of the semiconductor company's stock, valued at approximately $2,817,000.

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

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Robert W. Baird boosted their target price on Lattice Semiconductor from $44.00 to $68.00 and gave the company an "outperform" rating in a research note on Wednesday, December 11th. StockNews.com downgraded Lattice Semiconductor from a "hold" rating to a "sell" rating in a report on Tuesday, March 11th. Stifel Nicolaus lifted their target price on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. KeyCorp increased their price target on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 11th. Finally, Benchmark raised their target price on Lattice Semiconductor from $55.00 to $65.00 and gave the company a "buy" rating in a report on Tuesday, February 11th. Two investment analysts have rated the stock with a sell rating and eleven have given a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $66.25.

Lattice Semiconductor Price Performance

Shares of NASDAQ LSCC traded down $7.34 during trading hours on Thursday, hitting $43.88. 1,429,569 shares of the company's stock were exchanged, compared to its average volume of 2,329,608. The stock has a market capitalization of $6.04 billion, a price-to-earnings ratio of 99.73, a PEG ratio of 3.03 and a beta of 1.43. The company's 50-day moving average price is $59.98 and its 200-day moving average price is $56.76. Lattice Semiconductor Co. has a 1-year low of $40.65 and a 1-year high of $78.85.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its quarterly earnings data on Monday, February 10th. The semiconductor company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.14). Lattice Semiconductor had a net margin of 12.00% and a return on equity of 11.22%. On average, research analysts expect that Lattice Semiconductor Co. will post 0.65 earnings per share for the current year.

Insider Buying and Selling at Lattice Semiconductor

In related news, SVP Mark Jon Nelson sold 1,850 shares of Lattice Semiconductor stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $57.28, for a total transaction of $105,968.00. Following the sale, the senior vice president now directly owns 83,289 shares of the company's stock, valued at $4,770,793.92. This trade represents a 2.17 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Pravin Desale sold 2,890 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $68.29, for a total value of $197,358.10. Following the completion of the transaction, the senior vice president now directly owns 93,903 shares of the company's stock, valued at approximately $6,412,635.87. This trade represents a 2.99 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 14,740 shares of company stock valued at $943,026 in the last ninety days. Company insiders own 1.80% of the company's stock.

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.