Vestcor Inc Purchases Shares of 42,511 Lattice Semiconductor Co. (NASDAQ:LSCC)

Vestcor Inc purchased a new stake in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 42,511 shares of the semiconductor company's stock, valued at approximately $2,408,000.

Other large investors have also added to or reduced their stakes in the company. Entropy Technologies LP raised its holdings in shares of Lattice Semiconductor by 5.6% in the third quarter. Entropy Technologies LP now owns 8,202 shares of the semiconductor company's stock valued at $435,000 after purchasing an additional 434 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its stake in shares of Lattice Semiconductor by 10.6% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 11,649 shares of the semiconductor company's stock worth $618,000 after buying an additional 1,113 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Lattice Semiconductor by 15.3% in the third quarter. Empowered Funds LLC now owns 4,661 shares of the semiconductor company's stock valued at $247,000 after acquiring an additional 619 shares in the last quarter. RiverPark Advisors LLC increased its position in shares of Lattice Semiconductor by 85.0% during the third quarter. RiverPark Advisors LLC now owns 4,280 shares of the semiconductor company's stock valued at $227,000 after acquiring an additional 1,966 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its holdings in Lattice Semiconductor by 23.0% during the third quarter. Thrivent Financial for Lutherans now owns 781,851 shares of the semiconductor company's stock worth $41,493,000 after acquiring an additional 146,199 shares during the period. Institutional investors own 98.08% of the company's stock.

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Lattice Semiconductor Price Performance

Shares of Lattice Semiconductor stock traded up $0.02 during trading hours 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. Lattice Semiconductor Co. has a one year low of $40.65 and a one year high of $80.47. The firm has a market cap of $8.59 billion, a PE ratio of 141.66, a price-to-earnings-growth ratio of 3.03 and a beta of 1.43. The business has a fifty day simple moving average of $59.72 and a 200 day simple moving average of $55.72.

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%. On average, research analysts forecast that Lattice Semiconductor Co. will post 0.65 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on LSCC shares. Susquehanna upped their price objective on Lattice Semiconductor from $70.00 to $75.00 and gave the company a "positive" rating in a research note on Tuesday, February 11th. KeyCorp increased their price target on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company an "overweight" rating in a research report on Tuesday, February 11th. Needham & Company LLC reaffirmed a "buy" rating and issued a $70.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, February 11th. Benchmark boosted their target price 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, Rosenblatt Securities restated a "buy" rating and set a $85.00 price target on shares of Lattice Semiconductor in a research note on Monday, February 10th. Two analysts have rated the stock with a sell rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $66.25.

Insider Buying and Selling at Lattice Semiconductor

In related news, Director Robin Ann Abrams sold 10,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $63.97, for a total value of $639,700.00. Following the sale, the director now directly owns 122,538 shares of the company's stock, valued at $7,838,755.86. This trade represents a 7.55 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Mark Jon Nelson sold 1,850 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $57.28, for a total transaction of $105,968.00. Following the completion of the transaction, the senior vice president now directly owns 83,289 shares in the company, valued at $4,770,793.92. The trade was a 2.17 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 14,740 shares of company stock valued at $943,026 in the last 90 days. 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.