Oddo BHF Asset Management Sas Makes New $789,000 Investment in Lattice Semiconductor Co. (NASDAQ:LSCC)

Oddo BHF Asset Management Sas bought a new stake in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,860 shares of the semiconductor company's stock, valued at approximately $789,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. William Blair Investment Management LLC lifted its position in shares of Lattice Semiconductor by 26.8% during the second quarter. William Blair Investment Management LLC now owns 3,163,064 shares of the semiconductor company's stock worth $183,426,000 after purchasing an additional 668,132 shares in the last quarter. Clearbridge Investments LLC lifted its holdings in Lattice Semiconductor by 19.3% during the 2nd quarter. Clearbridge Investments LLC now owns 1,822,190 shares of the semiconductor company's stock worth $105,669,000 after buying an additional 294,290 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Lattice Semiconductor by 2.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,406,836 shares of the semiconductor company's stock valued at $81,582,000 after buying an additional 30,642 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Lattice Semiconductor by 63.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,094,289 shares of the semiconductor company's stock valued at $63,456,000 after buying an additional 426,511 shares during the period. Finally, TD Asset Management Inc raised its position in shares of Lattice Semiconductor by 5.8% during the second quarter. TD Asset Management Inc now owns 1,050,580 shares of the semiconductor company's stock worth $60,923,000 after acquiring an additional 57,234 shares during the last quarter. 98.08% of the stock is owned by institutional investors.

Lattice Semiconductor Stock Performance

LSCC stock traded up $0.99 during trading on Friday, hitting $63.45. 1,825,793 shares of the company traded hands, compared to its average volume of 2,364,684. The firm has a market capitalization of $8.75 billion, a PE ratio of 61.60 and a beta of 1.42. Lattice Semiconductor Co. has a 1 year low of $40.65 and a 1 year high of $85.69. The company has a 50-day moving average of $54.15 and a 200-day moving average of $54.06.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its earnings results on Monday, November 4th. The semiconductor company reported $0.24 earnings per share for the quarter, hitting analysts' consensus estimates of $0.24. The firm had revenue of $127.09 million for the quarter, compared to the consensus estimate of $127.05 million. Lattice Semiconductor had a return on equity of 16.84% and a net margin of 25.48%. The business's revenue for the quarter was down 33.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.41 EPS. Sell-side analysts expect that Lattice Semiconductor Co. will post 0.54 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on LSCC. Robert W. Baird increased their price objective on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the stock an "outperform" rating in a research report on Wednesday. Benchmark reissued a "buy" rating and issued a $60.00 price target on shares of Lattice Semiconductor in a research note on Monday, September 16th. Stifel Nicolaus lifted their price objective on shares of Lattice Semiconductor from $55.00 to $65.00 and gave the company a "buy" rating in a report on Wednesday. TD Cowen reduced their price objective on shares of Lattice Semiconductor from $60.00 to $50.00 and set a "buy" rating for the company in a research note on Tuesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on Lattice Semiconductor from $56.00 to $50.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Two analysts have rated the stock with a sell rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $62.00.

Insider Activity

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 1,474 shares of the company's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $50.86, for a total value of $74,967.64. Following the transaction, the senior vice president now directly owns 13,909 shares in the company, valued at $707,411.74. This represents a 9.58 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Pravin Desale sold 1,096 shares of Lattice Semiconductor stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $62.54, for a total value of $68,543.84. Following the completion of the sale, the senior vice president now owns 365 shares of the company's stock, valued at $22,827.10. The trade was a 75.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 9,172 shares of company stock valued at $490,534 in the last ninety days. 1.80% of the stock is currently owned by company insiders.

Lattice Semiconductor Company 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.