WIM INVESTMENT MANAGEMENT Ltd Purchases New Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

WIM INVESTMENT MANAGEMENT Ltd bought a new position in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 11,800 shares of the semiconductor company's stock, valued at approximately $668,000. Lattice Semiconductor accounts for approximately 0.2% of WIM INVESTMENT MANAGEMENT Ltd's investment portfolio, making the stock its 14th biggest holding.

Other hedge funds have also added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. raised its position in shares of Lattice Semiconductor by 10.6% in the third 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 in the last quarter. Empowered Funds LLC lifted its stake in Lattice Semiconductor by 15.3% during the third quarter. Empowered Funds LLC now owns 4,661 shares of the semiconductor company's stock worth $247,000 after purchasing an additional 619 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of Lattice Semiconductor by 23.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 781,851 shares of the semiconductor company's stock worth $41,493,000 after purchasing an additional 146,199 shares in the last quarter. LMR Partners LLP bought a new position in shares of Lattice Semiconductor during the 3rd quarter valued at about $730,000. Finally, Meeder Asset Management Inc. raised its holdings in shares of Lattice Semiconductor by 553.4% during the 3rd quarter. Meeder Asset Management Inc. now owns 15,885 shares of the semiconductor company's stock valued at $843,000 after buying an additional 13,454 shares in the last quarter. Hedge funds and other institutional investors own 98.08% of the company's stock.

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Insider Activity at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,890 shares of the firm's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $68.29, for a total transaction of $197,358.10. Following the sale, the senior vice president now directly owns 93,903 shares of the company's stock, valued at $6,412,635.87. This trade represents a 2.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robin Ann Abrams sold 10,000 shares of the company's stock in a transaction dated 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 transaction, the director now directly owns 122,538 shares of the company's stock, valued at approximately $7,838,755.86. This trade represents a 7.55 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 14,740 shares of company stock worth $943,026. 1.80% of the stock is owned by corporate insiders.

Lattice Semiconductor Stock Performance

Shares of NASDAQ LSCC traded up $0.13 during trading on Friday, hitting $60.67. The company had a trading volume of 2,111,231 shares, compared to its average volume of 2,297,586. The stock has a 50 day simple moving average of $60.05 and a 200 day simple moving average of $55.98. The firm has a market capitalization of $8.36 billion, a P/E ratio of 137.89, a price-to-earnings-growth ratio of 3.03 and a beta of 1.43. Lattice Semiconductor Co. has a 12 month low of $40.65 and a 12 month high of $80.13.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its earnings results on Monday, February 10th. The semiconductor company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.19 by ($0.14). Lattice Semiconductor had a return on equity of 11.22% and a net margin of 12.00%. As a group, analysts predict that Lattice Semiconductor Co. will post 0.65 EPS for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on LSCC. Rosenblatt Securities reaffirmed a "buy" rating and issued a $85.00 target price on shares of Lattice Semiconductor in a research note on Monday, February 10th. StockNews.com cut shares of Lattice Semiconductor from a "hold" rating to a "sell" rating in a research note on Tuesday, March 11th. Stifel Nicolaus lifted their target price on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the stock a "buy" rating in a research report on Tuesday, February 11th. Robert W. Baird boosted their price target on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 11th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $70.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, February 11th. Two research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, Lattice Semiconductor currently has an average rating of "Moderate Buy" and an average target price of $66.25.

Lattice Semiconductor Company 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.