Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Sold by Barclays PLC

Barclays PLC cut its stake in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 23.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 785,780 shares of the semiconductor company's stock after selling 234,116 shares during the quarter. Barclays PLC owned approximately 0.57% of Lattice Semiconductor worth $44,513,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of LSCC. US Bancorp DE raised its holdings in Lattice Semiconductor by 2.9% in the 4th quarter. US Bancorp DE now owns 28,111 shares of the semiconductor company's stock worth $1,592,000 after purchasing an additional 800 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Lattice Semiconductor by 3.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 939,393 shares of the semiconductor company's stock worth $53,217,000 after buying an additional 29,516 shares during the period. Compass Wealth Management LLC purchased a new position in shares of Lattice Semiconductor during the 4th quarter valued at approximately $1,324,000. UMB Bank n.a. grew its stake in 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 during the period. Finally, Oak Thistle LLC acquired a new stake in Lattice Semiconductor in the 4th quarter valued at $804,000. Hedge funds and other institutional investors own 98.08% of the company's stock.

Insider Activity

In related news, SVP Pravin Desale sold 2,890 shares of Lattice Semiconductor stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $68.29, for a total value of $197,358.10. Following the completion of 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robin Ann Abrams sold 10,000 shares of the stock in a transaction that occurred on 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 in the company, valued at approximately $7,838,755.86. This trade 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.

Lattice Semiconductor Price Performance

LSCC traded up $2.70 during trading hours on Wednesday, reaching $44.94. The company's stock had a trading volume of 616,337 shares, compared to its average volume of 2,559,311. The business's 50-day moving average is $55.23 and its 200-day moving average is $55.57. The stock has a market cap of $6.18 billion, a PE ratio of 102.14, a P/E/G ratio of 3.03 and a beta of 1.64. Lattice Semiconductor Co. has a fifty-two week low of $34.69 and a fifty-two week high of $78.85.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its quarterly 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 return on equity of 11.22% and a net margin of 12.00%. Analysts expect that Lattice Semiconductor Co. will post 0.65 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on LSCC shares. Susquehanna increased their price objective on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company a "positive" rating in a report on Tuesday, February 11th. Stifel Nicolaus upped their target price on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the stock a "buy" rating in a report on Tuesday, February 11th. KeyCorp increased their target price 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. StockNews.com lowered shares of Lattice Semiconductor from a "hold" rating to a "sell" rating in a research report on Tuesday, March 11th. Finally, Loop Capital began coverage on shares of Lattice Semiconductor in a report on Friday, April 4th. They issued a "buy" rating and a $85.00 price objective for the company. Two analysts have rated the stock with a sell rating, eleven have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $67.69.

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.