TD Asset Management Inc. Boosts Stock Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

TD Asset Management Inc. boosted its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 9.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,810,834 shares of the semiconductor company's stock after buying an additional 162,546 shares during the quarter. TD Asset Management Inc. owned approximately 1.31% of Lattice Semiconductor worth $102,584,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. UMB Bank n.a. raised its stake in shares of Lattice Semiconductor by 67.7% during the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock valued at $37,000 after acquiring an additional 266 shares in the last quarter. Arcadia Investment Management Corp MI bought a new stake in Lattice Semiconductor during the 4th quarter valued at $38,000. Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of Lattice Semiconductor by 102.7% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company's stock worth $38,000 after buying an additional 340 shares during the period. Jones Financial Companies Lllp grew its position in shares of Lattice Semiconductor by 88.1% during the 4th quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company's stock worth $45,000 after buying an additional 370 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of Lattice Semiconductor during the fourth quarter valued at $57,000. 98.08% of the stock is owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

A number of analysts recently weighed in on LSCC shares. Stifel Nicolaus upped their price objective on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the stock a "buy" rating in a research note on Tuesday, February 11th. Needham & Company LLC reiterated a "buy" rating and set a $70.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, February 11th. Robert W. Baird boosted their price objective 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. StockNews.com cut Lattice Semiconductor from a "hold" rating to a "sell" rating in a research report on Tuesday, March 11th. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $85.00 price target on shares of Lattice Semiconductor in a research report on Monday, February 10th. Two analysts have rated the stock with a sell rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $66.25.

Lattice Semiconductor Stock Down 6.5 %

Shares of LSCC traded down $3.85 during mid-day trading on Friday, hitting $55.30. 2,480,252 shares of the company traded hands, compared to its average volume of 2,357,255. The company has a market capitalization of $7.61 billion, a PE ratio of 125.68, a price-to-earnings-growth ratio of 3.03 and a beta of 1.43. The business has a 50 day moving average of $60.41 and a 200 day moving average of $56.60. Lattice Semiconductor Co. has a 1-year low of $40.65 and a 1-year high of $80.13.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued 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%. As a group, research analysts expect that Lattice Semiconductor Co. will post 0.65 EPS for the current fiscal year.

Insider Buying and Selling at Lattice Semiconductor

In related news, Director Robin Ann Abrams sold 10,000 shares of the company's stock in a transaction that occurred 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 sale, the director now owns 122,538 shares in the company, valued at $7,838,755.86. This represents a 7.55 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Pravin Desale sold 2,890 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $68.29, for a total transaction of $197,358.10. Following the transaction, the senior vice president now directly owns 93,903 shares of the company's stock, valued at $6,412,635.87. This represents a 2.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 14,740 shares of company stock worth $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.