Sciencast Management LP Takes $769,000 Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Sciencast Management LP acquired a new position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 13,582 shares of the semiconductor company's stock, valued at approximately $769,000.

Other large investors have also modified their holdings of the company. Lindbrook Capital LLC increased its position in Lattice Semiconductor by 15.3% in the 4th quarter. Lindbrook Capital LLC now owns 1,428 shares of the semiconductor company's stock worth $81,000 after buying an additional 190 shares during the period. Tidal Investments LLC grew its stake in shares of Lattice Semiconductor by 2.0% in the third quarter. Tidal Investments LLC now owns 11,152 shares of the semiconductor company's stock worth $592,000 after acquiring an additional 224 shares during the last quarter. CIBC Asset Management Inc increased its position in Lattice Semiconductor by 5.8% during the fourth quarter. CIBC Asset Management Inc now owns 4,235 shares of the semiconductor company's stock worth $240,000 after acquiring an additional 231 shares during the period. UMB Bank n.a. raised 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 last quarter. Finally, Truvestments Capital LLC boosted its holdings in Lattice Semiconductor by 6.8% in the 4th quarter. Truvestments Capital LLC now owns 4,295 shares of the semiconductor company's stock valued at $243,000 after purchasing an additional 274 shares during the period. 98.08% of the stock is owned by institutional investors.

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Analysts Set New Price Targets

Several analysts have issued reports on the stock. Susquehanna raised their price target on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock a "positive" rating in a research report on Tuesday, February 11th. KeyCorp lifted their target price on Lattice Semiconductor from $70.00 to $75.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 11th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $85.00 price target on shares of Lattice Semiconductor in a report on Monday, February 10th. Needham & Company LLC reissued a "buy" rating and set a $70.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, February 11th. Finally, Benchmark upped their target price on Lattice Semiconductor from $55.00 to $65.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. Two analysts have rated the stock with a sell rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $66.25.

Lattice Semiconductor Stock Down 2.2 %

NASDAQ:LSCC traded down $1.30 during trading hours on Thursday, reaching $59.15. The company had a trading volume of 1,493,417 shares, compared to its average volume of 2,292,691. The stock has a 50-day moving average of $60.42 and a two-hundred day moving average of $56.39. Lattice Semiconductor Co. has a one year low of $40.65 and a one year high of $80.13. The firm has a market capitalization of $8.14 billion, a PE ratio of 134.43, a PEG ratio of 3.03 and a beta of 1.43.

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

Insiders Place Their Bets

In other Lattice Semiconductor news, Director Robin Ann Abrams sold 10,000 shares of Lattice Semiconductor 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 completion of the transaction, the director now owns 122,538 shares in the company, valued at approximately $7,838,755.86. The trade was a 7.55 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Mark Jon Nelson sold 1,850 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $57.28, for a total value of $105,968.00. Following the sale, the senior vice president now owns 83,289 shares in the company, valued at $4,770,793.92. The trade was a 2.17 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 14,740 shares of company stock valued at $943,026. 1.80% of the stock is currently owned by 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.