Tredje AP fonden Cuts Stock Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Tredje AP fonden trimmed its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 50.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 10,742 shares of the semiconductor company's stock after selling 10,742 shares during the quarter. Tredje AP fonden's holdings in Lattice Semiconductor were worth $609,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of LSCC. TimesSquare Capital Management LLC raised its stake in shares of Lattice Semiconductor by 2,923.4% during the 4th quarter. TimesSquare Capital Management LLC now owns 1,523,545 shares of the semiconductor company's stock worth $86,309,000 after acquiring an additional 1,473,154 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in shares of Lattice Semiconductor during the third quarter worth $49,297,000. Westfield Capital Management Co. LP purchased a new stake in shares of Lattice Semiconductor during the 3rd quarter valued at $38,194,000. Raymond James Financial Inc. acquired a new stake in shares of Lattice Semiconductor in the 4th quarter worth $28,325,000. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its stake in Lattice Semiconductor by 319.4% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 500,000 shares of the semiconductor company's stock worth $26,535,000 after buying an additional 380,790 shares during the last quarter. 98.08% of the stock is owned by hedge funds and other institutional investors.

Lattice Semiconductor Stock Up 0.0 %

Shares of LSCC traded up $0.02 during mid-day trading on Wednesday, reaching $62.33. The company had a trading volume of 1,570,492 shares, compared to its average volume of 2,290,551. The stock has a market capitalization of $8.59 billion, a P/E ratio of 141.66, a PEG ratio of 3.03 and a beta of 1.43. Lattice Semiconductor Co. has a 52-week low of $40.65 and a 52-week high of $80.47. The stock has a 50 day moving average of $59.72 and a two-hundred day moving average of $55.72.

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

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. KeyCorp increased their price target on Lattice Semiconductor from $70.00 to $75.00 and gave the company an "overweight" rating in a research note on Tuesday, February 11th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $85.00 price objective on shares of Lattice Semiconductor in a research report on Monday, February 10th. StockNews.com downgraded shares of Lattice Semiconductor from a "hold" rating to a "sell" rating in a research report on Tuesday, March 11th. Benchmark upped their price target on shares of Lattice Semiconductor from $55.00 to $65.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. Finally, Stifel Nicolaus lifted 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. 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 MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $66.25.

Insider Buying and Selling at Lattice Semiconductor

In related news, SVP Pravin Desale sold 2,890 shares of Lattice Semiconductor stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $68.29, for a total value of $197,358.10. Following the completion of the transaction, the senior vice president now owns 93,903 shares in the company, valued at $6,412,635.87. The trade was a 2.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Mark Jon Nelson sold 1,850 shares of the stock in a transaction that occurred 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 transaction, the senior vice president now owns 83,289 shares in the company, valued at $4,770,793.92. This represents a 2.17 % 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 valued at $943,026. Corporate insiders own 1.80% of the company's stock.

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.