14,729 Shares in Lattice Semiconductor Co. (NASDAQ:LSCC) Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 14,729 shares of the semiconductor company's stock, valued at approximately $834,000.

A number of other institutional investors have also modified their holdings of LSCC. UMB Bank n.a. boosted its stake in Lattice Semiconductor by 67.7% during the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock valued at $37,000 after purchasing an additional 266 shares during the period. Arcadia Investment Management Corp MI acquired a new position in Lattice Semiconductor during the 4th quarter valued at about $38,000. Hollencrest Capital Management acquired a new position in Lattice Semiconductor during the 3rd quarter valued at about $53,000. Brooklyn Investment Group acquired a new position in Lattice Semiconductor during the 3rd quarter valued at about $89,000. Finally, GAMMA Investing LLC boosted its stake in Lattice Semiconductor by 27.9% during the 4th quarter. GAMMA Investing LLC now owns 2,723 shares of the semiconductor company's stock valued at $154,000 after purchasing an additional 594 shares during the period. Institutional investors own 98.08% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on LSCC. KeyCorp boosted their target price on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company an "overweight" rating in a research note on Tuesday, February 11th. Robert W. Baird upped their price target on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 11th. Benchmark upped their price target on shares of Lattice Semiconductor from $55.00 to $65.00 and gave the stock a "buy" rating in a research note on Tuesday, February 11th. Needham & Company LLC reaffirmed a "buy" rating and issued a $70.00 price target on shares of Lattice Semiconductor in a research note on Tuesday, February 11th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and issued a $85.00 price target on shares of Lattice Semiconductor in a research note on Monday, February 10th. Two analysts have rated the stock with a sell rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $66.25.

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Lattice Semiconductor Trading Up 4.6 %

LSCC stock traded up $2.80 on Friday, hitting $63.78. 2,339,559 shares of the company's stock traded hands, compared to its average volume of 2,442,796. Lattice Semiconductor Co. has a 1-year low of $40.65 and a 1-year high of $84.40. The stock has a fifty day moving average of $59.18 and a 200-day moving average of $55.02. The stock has a market cap of $8.79 billion, a price-to-earnings ratio of 144.96, a P/E/G ratio of 3.03 and a beta of 1.43.

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 (EPS) 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, equities research analysts anticipate that Lattice Semiconductor Co. will post 0.65 earnings per share for the current fiscal year.

Insider Activity

In other Lattice Semiconductor news, SVP Pravin Desale sold 1,096 shares of the company'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 value of $68,543.84. Following the transaction, the senior vice president now owns 365 shares in the company, valued at approximately $22,827.10. This represents a 75.02 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robin Ann Abrams sold 10,000 shares of the company's stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $63.97, for a total transaction of $639,700.00. Following the completion of the transaction, the director now owns 122,538 shares in the company, valued at approximately $7,838,755.86. This represents a 7.55 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 15,836 shares of company stock worth $1,011,570 over the last 90 days. 1.80% of the stock is owned by company insiders.

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.