Thrivent Financial for Lutherans Lowers Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Thrivent Financial for Lutherans lessened its stake in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 25.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 584,891 shares of the semiconductor company's stock after selling 196,960 shares during the period. Thrivent Financial for Lutherans owned about 0.42% of Lattice Semiconductor worth $33,134,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Empowered Funds LLC increased its stake in Lattice Semiconductor by 15.3% during the third quarter. Empowered Funds LLC now owns 4,661 shares of the semiconductor company's stock worth $247,000 after purchasing an additional 619 shares during the period. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in Lattice Semiconductor during the 3rd quarter worth approximately $261,000. Banco Santander S.A. lifted its holdings in Lattice Semiconductor by 24.4% during the 3rd quarter. Banco Santander S.A. now owns 11,990 shares of the semiconductor company's stock worth $636,000 after buying an additional 2,352 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Lattice Semiconductor by 2.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 909,877 shares of the semiconductor company's stock valued at $48,287,000 after buying an additional 22,770 shares during the period. Finally, Eagle Asset Management Inc. boosted its position in Lattice Semiconductor by 9.4% in the 3rd quarter. Eagle Asset Management Inc. now owns 452,170 shares of the semiconductor company's stock valued at $24,657,000 after buying an additional 38,826 shares during the period. Hedge funds and other institutional investors own 98.08% of the company's stock.

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Insider Buying and Selling at Lattice Semiconductor

In other news, SVP Mark Jon Nelson sold 1,850 shares of the company's stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $57.28, for a total value of $105,968.00. Following the completion of the sale, the senior vice president now directly owns 83,289 shares of the company's stock, valued at approximately $4,770,793.92. This represents a 2.17 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Pravin Desale sold 2,890 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $68.29, for a total transaction of $197,358.10. Following the sale, the senior vice president now owns 93,903 shares of the company's stock, valued at $6,412,635.87. This trade represents a 2.99 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 14,740 shares of company stock worth $943,026. 1.80% of the stock is owned by insiders.

Lattice Semiconductor Trading Down 1.0 %

NASDAQ:LSCC traded down $0.64 during midday trading on Tuesday, hitting $62.76. 1,118,996 shares of the company were exchanged, compared to its average volume of 2,295,649. Lattice Semiconductor Co. has a fifty-two week low of $40.65 and a fifty-two week high of $80.13. The company has a market capitalization of $8.65 billion, a PE ratio of 142.64, a price-to-earnings-growth ratio of 3.03 and a beta of 1.43. The company has a fifty day simple moving average of $60.21 and a 200 day simple moving average of $56.21.

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

Wall Street Analyst Weigh In

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

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.