Robeco Schweiz AG Sells 355,500 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Robeco Schweiz AG reduced its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 27.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 963,200 shares of the semiconductor company's stock after selling 355,500 shares during the period. Robeco Schweiz AG owned approximately 0.70% of Lattice Semiconductor worth $54,565,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Arcadia Investment Management Corp MI acquired a new position in Lattice Semiconductor during the 4th quarter worth approximately $38,000. Handelsbanken Fonder AB grew its stake in shares of Lattice Semiconductor by 8.9% during the fourth quarter. Handelsbanken Fonder AB now owns 39,000 shares of the semiconductor company's stock worth $2,209,000 after buying an additional 3,200 shares during the last quarter. TimesSquare Capital Management LLC grew its stake in shares of Lattice Semiconductor by 2,923.4% during the fourth quarter. TimesSquare Capital Management LLC now owns 1,523,545 shares of the semiconductor company's stock worth $86,309,000 after buying an additional 1,473,154 shares during the last quarter. New York State Common Retirement Fund lifted its stake in shares of Lattice Semiconductor by 1.0% in the 4th quarter. New York State Common Retirement Fund now owns 759,810 shares of the semiconductor company's stock valued at $43,043,000 after acquiring an additional 7,421 shares during the last quarter. Finally, CIBC Asset Management Inc boosted its holdings in shares of Lattice Semiconductor by 5.8% during the 4th quarter. CIBC Asset Management Inc now owns 4,235 shares of the semiconductor company's stock valued at $240,000 after acquiring an additional 231 shares in the last quarter. Institutional investors and hedge funds own 98.08% of the company's stock.

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Insider Transactions at Lattice Semiconductor

In related news, Director Robin Ann Abrams sold 10,000 shares of the stock in a transaction 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 transaction, the director now directly owns 122,538 shares in the company, valued at $7,838,755.86. This trade represents a 7.55 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Pravin Desale sold 1,096 shares of the business's stock in a transaction 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 owns 365 shares of the company's stock, valued at $22,827.10. This trade represents a 75.02 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 17,686 shares of company stock valued at $1,118,722 in the last 90 days. 1.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

LSCC has been the subject of several research reports. TD Cowen dropped their target price on Lattice Semiconductor from $60.00 to $50.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. StockNews.com lowered shares of Lattice Semiconductor from a "hold" rating to a "sell" rating in a report on Friday. Robert W. Baird boosted their target price on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the stock an "outperform" rating in a report on Wednesday, December 11th. Rosenblatt Securities restated a "buy" rating and issued a $85.00 price target on shares of Lattice Semiconductor in a research report on Monday, February 10th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $70.00 price target on shares of Lattice Semiconductor in a report on Tuesday, February 11th. Two equities research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, Lattice Semiconductor presently has a consensus rating of "Moderate Buy" and a consensus price target of $66.25.

Lattice Semiconductor Trading Up 2.9 %

NASDAQ LSCC traded up $1.78 during trading hours on Friday, hitting $62.34. 3,321,335 shares of the company's stock were exchanged, compared to its average volume of 2,425,093. Lattice Semiconductor Co. has a 1-year low of $40.65 and a 1-year high of $85.69. The stock has a 50-day simple moving average of $59.02 and a 200 day simple moving average of $54.56. The firm has a market cap of $8.59 billion, a price-to-earnings ratio of 141.69, a PEG ratio of 3.03 and a beta of 1.41.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released 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 net margin of 12.00% and a return on equity of 11.22%. On average, sell-side analysts anticipate that Lattice Semiconductor Co. will post 0.65 earnings per share for the current fiscal year.

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.