Wealthfront Advisers LLC Invests $777,000 in Lattice Semiconductor Co. (NASDAQ:LSCC)

Wealthfront Advisers LLC acquired a new stake in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 13,708 shares of the semiconductor company's stock, valued at approximately $777,000.

Other hedge funds also recently modified their holdings of the company. UMB Bank n.a. increased its stake in shares of Lattice Semiconductor by 67.7% in the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock valued at $37,000 after acquiring an additional 266 shares in the last quarter. Arcadia Investment Management Corp MI bought a new position in shares of Lattice Semiconductor in the 4th quarter worth $38,000. Jones Financial Companies Lllp lifted 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 worth $45,000 after purchasing an additional 370 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in Lattice Semiconductor in the 4th quarter valued at $57,000. Finally, Lindbrook Capital LLC increased its stake in Lattice Semiconductor by 15.3% during the 4th quarter. Lindbrook Capital LLC now owns 1,428 shares of the semiconductor company's stock valued at $81,000 after purchasing an additional 190 shares in the last quarter. Institutional investors own 98.08% of the company's stock.

Wall Street Analysts Forecast Growth

LSCC has been the topic of a number of recent research reports. Robert W. Baird raised their price objective on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the company an "outperform" rating in a research note on Wednesday, December 11th. Needham & Company LLC reaffirmed a "buy" rating and issued a $70.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, February 11th. Susquehanna raised their price objective on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company a "positive" 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 note on Monday, February 10th. Finally, StockNews.com lowered shares of Lattice Semiconductor from a "hold" rating to a "sell" rating in a research note on Tuesday, March 11th. Two equities research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $66.25.

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Insiders Place Their Bets

In other news, SVP Mark Jon Nelson sold 1,850 shares of Lattice Semiconductor 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 transaction, the senior vice president now owns 83,289 shares in the company, valued at $4,770,793.92. This trade represents a 2.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robin Ann Abrams sold 10,000 shares of Lattice Semiconductor stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total transaction of $639,700.00. Following the completion of the transaction, the director now owns 122,538 shares of the company's stock, valued at $7,838,755.86. The trade was a 7.55 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 14,740 shares of company stock valued at $943,026. Company insiders own 1.80% of the company's stock.

Lattice Semiconductor Trading Up 0.0 %

Shares of LSCC traded up $0.02 during trading hours on Wednesday, reaching $62.33. 1,508,673 shares of the stock traded hands, compared to its average volume of 2,290,307. The stock has a fifty day simple moving average of $59.72 and a 200 day simple moving average of $55.72. Lattice Semiconductor Co. has a 52 week low of $40.65 and a 52 week high of $80.47. The company has a market cap of $8.59 billion, a price-to-earnings ratio of 141.66, a PEG ratio of 3.03 and a beta of 1.43.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced 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%. Analysts predict that Lattice Semiconductor Co. will post 0.65 earnings per share for the current fiscal 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.