Paloma Partners Management Co Has $3.20 Million Stake in Lattice Semiconductor Co. (NASDAQ:LSCC)

Paloma Partners Management Co lifted its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 456.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 60,283 shares of the semiconductor company's stock after buying an additional 49,456 shares during the quarter. Paloma Partners Management Co's holdings in Lattice Semiconductor were worth $3,199,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. American National Bank & Trust boosted its holdings in shares of Lattice Semiconductor by 5,064.3% in the third quarter. American National Bank & Trust now owns 723 shares of the semiconductor company's stock valued at $38,000 after acquiring an additional 709 shares during the period. West Oak Capital LLC raised its holdings in Lattice Semiconductor by 220.0% during the second quarter. West Oak Capital LLC now owns 800 shares of the semiconductor company's stock worth $46,000 after purchasing an additional 550 shares in the last quarter. Hollencrest Capital Management acquired a new stake in Lattice Semiconductor in the third quarter valued at about $53,000. Blue Trust Inc. increased its position in Lattice Semiconductor by 186.5% during the 2nd quarter. Blue Trust Inc. now owns 1,149 shares of the semiconductor company's stock worth $67,000 after purchasing an additional 748 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. increased its position in Lattice Semiconductor by 35.5% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,553 shares of the semiconductor company's stock worth $89,000 after purchasing an additional 407 shares during the period. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Lattice Semiconductor Price Performance

Lattice Semiconductor stock traded up $1.20 during midday trading on Monday, hitting $57.95. 685,300 shares of the company were exchanged, compared to its average volume of 2,376,297. The company has a market cap of $8.00 billion, a PE ratio of 55.10 and a beta of 1.39. The company's fifty day moving average price is $52.64 and its 200-day moving average price is $54.95. Lattice Semiconductor Co. has a fifty-two week low of $40.65 and a fifty-two week high of $85.69.

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

Analyst Ratings Changes

Several brokerages have commented on LSCC. Raymond James decreased their target price on shares of Lattice Semiconductor from $55.00 to $52.00 and set an "outperform" rating on the stock in a research report on Tuesday, November 5th. Robert W. Baird lowered their target price on shares of Lattice Semiconductor from $70.00 to $44.00 and set an "outperform" rating on the stock in a research report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft decreased their price target on Lattice Semiconductor from $56.00 to $50.00 and set a "buy" rating on the stock in a research note on Tuesday, November 5th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $85.00 price objective on shares of Lattice Semiconductor in a research note on Monday, November 4th. Finally, Susquehanna reduced their price objective on Lattice Semiconductor from $65.00 to $55.00 and set a "positive" rating for the company in a report on Tuesday, November 5th. Two equities research analysts have rated the stock with a sell rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $58.42.

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 1,474 shares of the firm's stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $50.86, for a total value of $74,967.64. Following the sale, the senior vice president now directly owns 13,909 shares in the company, valued at approximately $707,411.74. This trade represents a 9.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Pravin Desale sold 4,387 shares of the stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $50.01, for a total transaction of $219,393.87. Following the completion of the sale, the senior vice president now directly owns 365 shares in the company, valued at approximately $18,253.65. This trade represents a 92.32 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 6,226 shares of company stock worth $314,838 over the last 90 days. 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.