Vanguard Group Inc. Grows Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Vanguard Group Inc. boosted its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 1.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,944,397 shares of the semiconductor company's stock after acquiring an additional 229,820 shares during the period. Vanguard Group Inc. owned 10.83% of Lattice Semiconductor worth $846,600,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. UMB Bank n.a. grew its position in shares of 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 in the last quarter. Arcadia Investment Management Corp MI bought a new stake in Lattice Semiconductor during the fourth quarter valued at $38,000. Skandinaviska Enskilda Banken AB publ increased its stake in 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 acquiring an additional 340 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Lattice Semiconductor by 88.1% in the 4th quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company's stock valued at $45,000 after acquiring an additional 370 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Lattice Semiconductor in the 4th quarter valued at about $57,000. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

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Insider Transactions at Lattice Semiconductor

In other Lattice Semiconductor news, Director Robin Ann Abrams sold 10,000 shares of the 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 completion of the sale, the director now owns 122,538 shares in the company, valued at approximately $7,838,755.86. This trade represents a 7.55 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Pravin Desale sold 2,890 shares of Lattice Semiconductor stock in a transaction that occurred on 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 sale, the senior vice president now owns 93,903 shares in the company, valued at approximately $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. Over the last ninety days, insiders sold 14,740 shares of company stock worth $943,026. Company insiders own 1.80% of the company's stock.

Lattice Semiconductor Trading Down 15.9 %

LSCC stock traded down $8.16 during midday trading on Thursday, hitting $43.06. The company had a trading volume of 8,186,301 shares, compared to its average volume of 2,406,649. Lattice Semiconductor Co. has a 52 week low of $40.65 and a 52 week high of $78.85. The stock has a market cap of $5.93 billion, a price-to-earnings ratio of 97.87, a PEG ratio of 3.03 and a beta of 1.43. The stock's 50 day moving average price is $59.65 and its 200 day moving average price is $56.67.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share 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%. Analysts predict that Lattice Semiconductor Co. will post 0.65 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently weighed in on LSCC shares. Susquehanna upped their price objective 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 increased their price target on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock an "overweight" rating in a report on Tuesday, February 11th. Robert W. Baird lifted their price objective 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. Benchmark increased 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. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $70.00 price target on shares of Lattice Semiconductor in a research note on Tuesday, February 11th. Two equities research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $66.25.

About Lattice Semiconductor

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.