CANADA LIFE ASSURANCE Co Purchases 18,282 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

CANADA LIFE ASSURANCE Co lifted its holdings in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 20.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 109,062 shares of the semiconductor company's stock after buying an additional 18,282 shares during the quarter. CANADA LIFE ASSURANCE Co owned approximately 0.08% of Lattice Semiconductor worth $6,171,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. S Squared Technology LLC boosted its stake in Lattice Semiconductor by 59.4% in the 4th quarter. S Squared Technology LLC now owns 175,373 shares of the semiconductor company's stock worth $9,935,000 after purchasing an additional 65,373 shares in the last quarter. Mariner LLC boosted its stake in Lattice Semiconductor by 12.5% during the 4th quarter. Mariner LLC now owns 13,511 shares of the semiconductor company's stock valued at $765,000 after purchasing an additional 1,496 shares during the last quarter. Townsquare Capital LLC bought a new stake in shares of Lattice Semiconductor in the 4th quarter worth $295,000. Next Century Growth Investors LLC raised its stake in shares of Lattice Semiconductor by 37.5% in the fourth quarter. Next Century Growth Investors LLC now owns 244,017 shares of the semiconductor company's stock worth $13,824,000 after purchasing an additional 66,530 shares during the last quarter. Finally, Sterling Capital Management LLC lifted its holdings in shares of Lattice Semiconductor by 5.7% during the fourth quarter. Sterling Capital Management LLC now owns 3,002 shares of the semiconductor company's stock valued at $170,000 after purchasing an additional 163 shares in the last quarter. 98.08% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,890 shares of Lattice Semiconductor stock in a transaction 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 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 position. The sale was disclosed in a filing with the SEC, which is available at this link. 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 value of $639,700.00. Following the completion of the transaction, 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 position. The disclosure for this sale can be found here. 1.80% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

LSCC has been the subject of a number of recent analyst reports. 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. StockNews.com downgraded shares of Lattice Semiconductor from a "hold" rating to a "sell" rating in a research report 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. Rosenblatt Securities reaffirmed a "buy" rating and issued a $85.00 price objective on shares of Lattice Semiconductor in a report on Monday, February 10th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $70.00 target price on shares of Lattice Semiconductor in a report on Tuesday, February 11th. Two analysts have rated the stock with a sell rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $67.69.

Lattice Semiconductor Stock Down 0.4 %

LSCC stock traded down $0.22 during midday trading on Tuesday, hitting $48.74. The company's stock had a trading volume of 279,354 shares, compared to its average volume of 2,770,217. Lattice Semiconductor Co. has a 12 month low of $34.69 and a 12 month high of $78.85. The company has a 50 day moving average of $53.75 and a two-hundred day moving average of $55.48. The firm has a market capitalization of $6.71 billion, a price-to-earnings ratio of 110.82, a price-to-earnings-growth ratio of 3.03 and a beta of 1.64.

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 (EPS) 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, analysts anticipate that Lattice Semiconductor Co. will post 0.65 earnings per share for the current fiscal year.

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.