Wellington Management Group LLP Buys 159,242 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Wellington Management Group LLP boosted its stake in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 42.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 532,111 shares of the semiconductor company's stock after purchasing an additional 159,242 shares during the quarter. Wellington Management Group LLP owned approximately 0.39% of Lattice Semiconductor worth $30,144,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in LSCC. HighTower Advisors LLC grew its stake in Lattice Semiconductor by 7.3% during the third quarter. HighTower Advisors LLC now owns 5,141 shares of the semiconductor company's stock valued at $267,000 after acquiring an additional 348 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in Lattice Semiconductor by 80.9% in the 3rd quarter. Janus Henderson Group PLC now owns 161,495 shares of the semiconductor company's stock valued at $8,571,000 after purchasing an additional 72,244 shares during the period. Quantinno Capital Management LP grew its position in shares of Lattice Semiconductor by 863.1% during the 3rd quarter. Quantinno Capital Management LP now owns 34,431 shares of the semiconductor company's stock valued at $1,827,000 after purchasing an additional 30,856 shares in the last quarter. Stifel Financial Corp increased its holdings in shares of Lattice Semiconductor by 99.0% in the third quarter. Stifel Financial Corp now owns 59,778 shares of the semiconductor company's stock worth $3,172,000 after purchasing an additional 29,734 shares during the period. Finally, Pier Capital LLC raised its position in shares of Lattice Semiconductor by 114.7% in the third quarter. Pier Capital LLC now owns 161,505 shares of the semiconductor company's stock worth $8,571,000 after buying an additional 86,276 shares in the last quarter. Hedge funds and other institutional investors own 98.08% of the company's stock.

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Analyst Upgrades and Downgrades

Several research firms recently commented on LSCC. KeyCorp boosted their target price on Lattice Semiconductor from $70.00 to $75.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 11th. Susquehanna boosted their price objective on Lattice Semiconductor from $70.00 to $75.00 and gave the stock a "positive" rating in a report on Tuesday, February 11th. Needham & Company LLC reaffirmed a "buy" rating and issued a $70.00 target price on shares of Lattice Semiconductor in a research note on Tuesday, February 11th. StockNews.com lowered shares of Lattice Semiconductor from a "hold" rating to a "sell" rating in a research report on Tuesday, March 11th. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $85.00 price target on shares of Lattice Semiconductor in a report on Monday, February 10th. Two investment analysts have rated the stock with a sell rating, eleven have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $67.69.

Lattice Semiconductor Price Performance

Lattice Semiconductor stock traded up $1.10 during mid-day trading on Friday, hitting $43.28. The company's stock had a trading volume of 3,811,822 shares, compared to its average volume of 2,536,875. The business has a 50 day moving average price of $57.34 and a 200-day moving average price of $56.08. Lattice Semiconductor Co. has a 12 month low of $34.69 and a 12 month high of $78.85. The stock has a market cap of $5.96 billion, a price-to-earnings ratio of 98.37, a price-to-earnings-growth ratio of 3.03 and a beta of 1.64.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates 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, equities research analysts expect that Lattice Semiconductor Co. will post 0.65 earnings per share for the current fiscal year.

Insider Activity

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,890 shares of the business's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $68.29, for a total value of $197,358.10. Following the transaction, the senior vice president now owns 93,903 shares in the company, valued at approximately $6,412,635.87. The trade was a 2.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robin Ann Abrams sold 10,000 shares of the 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 sale, the director now owns 122,538 shares of the company's stock, valued at approximately $7,838,755.86. This represents a 7.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.80% of the company's stock.

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.