New York State Common Retirement Fund Has $43.04 Million Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

New York State Common Retirement Fund lifted its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 1.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 759,810 shares of the semiconductor company's stock after purchasing an additional 7,421 shares during the period. New York State Common Retirement Fund owned about 0.55% of Lattice Semiconductor worth $43,043,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Barclays PLC lifted its holdings in shares of Lattice Semiconductor by 57.5% in the 3rd quarter. Barclays PLC now owns 1,019,896 shares of the semiconductor company's stock worth $54,124,000 after purchasing an additional 372,301 shares during the last quarter. Point72 Asset Management L.P. bought a new position in Lattice Semiconductor during the 3rd quarter valued at $49,297,000. Charles Schwab Investment Management Inc. increased its position in shares of Lattice Semiconductor by 2.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 909,877 shares of the semiconductor company's stock valued at $48,287,000 after purchasing an additional 22,770 shares during the period. Stephens Investment Management Group LLC boosted its stake in Lattice Semiconductor by 12.6% during the fourth quarter. Stephens Investment Management Group LLC now owns 878,367 shares of the semiconductor company's stock valued at $49,759,000 after buying an additional 98,096 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in Lattice Semiconductor by 23.0% during the third quarter. Thrivent Financial for Lutherans now owns 781,851 shares of the semiconductor company's stock worth $41,493,000 after acquiring an additional 146,199 shares during the period. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Lattice Semiconductor news, SVP Pravin Desale sold 1,096 shares of the firm's stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $62.54, for a total transaction of $68,543.84. Following the sale, the senior vice president now directly owns 365 shares in the company, valued at approximately $22,827.10. This trade represents a 75.02 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Mark Jon Nelson sold 1,850 shares of the stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $57.28, for a total value of $105,968.00. Following the transaction, the senior vice president now owns 83,289 shares of the company's stock, valued at approximately $4,770,793.92. The trade was a 2.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 8,051 shares of company stock worth $499,498 in the last quarter. Insiders own 1.80% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on LSCC. KeyCorp raised 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. Benchmark increased their price target on Lattice Semiconductor from $55.00 to $65.00 and gave the company a "buy" rating in a research report on Tuesday, February 11th. Rosenblatt Securities reiterated a "buy" rating and issued a $85.00 target price on shares of Lattice Semiconductor in a report on Monday, February 10th. Susquehanna boosted their price target on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company a "positive" rating in a report on Tuesday, February 11th. Finally, Stifel Nicolaus boosted 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. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $66.25.

Lattice Semiconductor Stock Performance

Shares of LSCC stock traded down $1.25 during trading hours on Friday, hitting $66.75. The company had a trading volume of 2,427,297 shares, compared to its average volume of 2,651,723. The firm has a market capitalization of $9.20 billion, a price-to-earnings ratio of 151.71, a PEG ratio of 3.03 and a beta of 1.41. Lattice Semiconductor Co. has a 12 month low of $40.65 and a 12 month high of $85.69. The firm's fifty day moving average is $58.59 and its 200 day moving average is $53.71.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share 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%. On average, sell-side analysts expect that Lattice Semiconductor Co. will post 0.65 EPS for the current fiscal year.

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.