Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Bought by Verition Fund Management LLC

Verition Fund Management LLC boosted its position in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 1,983.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 171,937 shares of the semiconductor company's stock after purchasing an additional 163,685 shares during the quarter. Verition Fund Management LLC owned about 0.12% of Lattice Semiconductor worth $9,125,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FORA Capital LLC acquired a new position in shares of Lattice Semiconductor during the 3rd quarter worth approximately $1,929,000. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Lattice Semiconductor by 319.4% during the third 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. Bridgewater Associates LP grew its holdings in Lattice Semiconductor by 53.9% in the 3rd quarter. Bridgewater Associates LP now owns 40,808 shares of the semiconductor company's stock valued at $2,166,000 after buying an additional 14,294 shares in the last quarter. Brooklyn Investment Group acquired a new stake in shares of Lattice Semiconductor in the 3rd quarter worth $89,000. Finally, Bank of Montreal Can raised its holdings in shares of Lattice Semiconductor by 265.8% during the 3rd quarter. Bank of Montreal Can now owns 143,679 shares of the semiconductor company's stock worth $7,690,000 after acquiring an additional 104,400 shares during the period. Hedge funds and other institutional investors own 98.08% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Benchmark restated a "buy" rating and set a $60.00 price objective on shares of Lattice Semiconductor in a research report on Monday, September 16th. KeyCorp reduced their price target on shares of Lattice Semiconductor from $60.00 to $54.00 and set an "overweight" rating on the stock in a research report on Tuesday, November 5th. Stifel Nicolaus upgraded Lattice Semiconductor from a "hold" rating to a "buy" rating and set a $55.00 price objective for the company in a research report on Tuesday, September 17th. StockNews.com downgraded Lattice Semiconductor from a "hold" rating to a "sell" rating in a research report on Saturday, August 3rd. Finally, Needham & Company LLC reiterated a "buy" rating and set a $61.00 price target on shares of Lattice Semiconductor in a report on Tuesday, September 17th. Two investment analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $58.42.

Insider Buying and Selling

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 1,474 shares of the firm's stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $50.86, for a total value of $74,967.64. Following the sale, the senior vice president now directly owns 13,909 shares in the company, valued at $707,411.74. This trade represents a 9.58 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Pravin Desale sold 4,387 shares of the business's stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $50.01, for a total value of $219,393.87. Following the sale, the senior vice president now owns 365 shares of the company's stock, valued at approximately $18,253.65. The trade was a 92.32 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 6,226 shares of company stock valued at $314,838 in the last three months. 1.80% of the stock is owned by corporate insiders.

Lattice Semiconductor Stock Up 0.8 %

NASDAQ:LSCC traded up $0.43 on Friday, reaching $56.75. 972,300 shares of the company's stock were exchanged, compared to its average volume of 2,483,500. The firm has a market capitalization of $7.83 billion, a price-to-earnings ratio of 55.10 and a beta of 1.39. Lattice Semiconductor Co. has a 52-week low of $40.65 and a 52-week high of $85.69. The business has a fifty day moving average of $52.64 and a 200-day moving average of $55.07.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its earnings results on Monday, November 4th. The semiconductor company reported $0.24 earnings per share for the quarter, hitting the consensus estimate of $0.24. The firm had revenue of $127.09 million for the quarter, compared to the consensus estimate of $127.05 million. Lattice Semiconductor had a net margin of 25.48% and a return on equity of 16.84%. The firm's revenue for the quarter was down 33.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.41 EPS. As a group, equities analysts anticipate that Lattice Semiconductor Co. will post 0.54 earnings per share for the current year.

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.