Nomura Asset Management Co. Ltd. Trims Stock Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Nomura Asset Management Co. Ltd. lowered its holdings in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 60.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,777 shares of the semiconductor company's stock after selling 43,697 shares during the quarter. Nomura Asset Management Co. Ltd.'s holdings in Lattice Semiconductor were worth $1,630,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Pier Capital LLC increased its holdings in Lattice Semiconductor by 114.7% in the 3rd quarter. Pier Capital LLC now owns 161,505 shares of the semiconductor company's stock valued at $8,571,000 after purchasing an additional 86,276 shares during the last quarter. Stifel Financial Corp boosted its position in shares of Lattice Semiconductor by 99.0% during the third quarter. Stifel Financial Corp now owns 59,778 shares of the semiconductor company's stock worth $3,172,000 after buying an additional 29,734 shares during the period. US Bancorp DE grew its stake in shares of Lattice Semiconductor by 2.9% in the fourth quarter. US Bancorp DE now owns 28,111 shares of the semiconductor company's stock valued at $1,592,000 after buying an additional 800 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Lattice Semiconductor by 3.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 939,393 shares of the semiconductor company's stock valued at $53,217,000 after buying an additional 29,516 shares during the period. Finally, Compass Wealth Management LLC acquired a new position in Lattice Semiconductor during the 4th quarter worth about $1,324,000. Institutional investors and hedge funds own 98.08% of the company's stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Rosenblatt Securities reaffirmed a "buy" rating and issued a $85.00 target price on shares of Lattice Semiconductor in a research report on Monday, February 10th. Robert W. Baird lifted their price objective 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. KeyCorp boosted their target price on Lattice Semiconductor from $70.00 to $75.00 and gave the company an "overweight" rating in a report on Tuesday, February 11th. Finally, Stifel Nicolaus raised their target price on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the stock a "buy" rating in a research report on Tuesday, February 11th. 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's stock. According to data from MarketBeat.com, Lattice Semiconductor has an average rating of "Moderate Buy" and an average target price of $67.69.

Lattice Semiconductor Trading Up 1.4 %

Shares of Lattice Semiconductor stock traded up $0.54 on Monday, reaching $39.57. 6,770,274 shares of the stock were exchanged, compared to its average volume of 2,455,489. The firm has a market capitalization of $5.45 billion, a PE ratio of 89.93, a PEG ratio of 3.03 and a beta of 1.64. Lattice Semiconductor Co. has a 1-year low of $34.69 and a 1-year high of $78.85. The business has a fifty day moving average price of $58.97 and a two-hundred day moving average price of $56.55.

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

Insiders Place Their Bets

In related news, Director Robin Ann Abrams sold 10,000 shares of the firm's 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 directly owns 122,538 shares of the company's stock, valued at $7,838,755.86. This trade represents a 7.55 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Pravin Desale sold 2,890 shares of the business's stock in a transaction 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 sale, the senior vice president now owns 93,903 shares in the company, valued at approximately $6,412,635.87. The trade was a 2.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.80% of the company's stock.

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.