Lattice Semiconductor Co. (NASDAQ:LSCC) Stock Holdings Increased by Capital Research Global Investors

Capital Research Global Investors boosted its stake in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 10.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,258,500 shares of the semiconductor company's stock after acquiring an additional 216,617 shares during the period. Capital Research Global Investors owned about 1.64% of Lattice Semiconductor worth $127,944,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in LSCC. UMB Bank n.a. grew its position in Lattice Semiconductor by 67.7% during the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock worth $37,000 after purchasing an additional 266 shares during the last quarter. Arcadia Investment Management Corp MI acquired a new stake in Lattice Semiconductor in the fourth quarter valued at about $38,000. Skandinaviska Enskilda Banken AB publ grew its holdings in Lattice Semiconductor by 102.7% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company's stock worth $38,000 after acquiring an additional 340 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Lattice Semiconductor by 88.1% during 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 during the period. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in Lattice Semiconductor in the fourth quarter valued at about $57,000. 98.08% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,890 shares of the 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 sale, the senior vice president now 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 sale 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 on Wednesday, February 26th. The shares were 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. This trade represents a 7.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.80% of the company's stock.

Lattice Semiconductor Stock Down 0.1 %

Shares of LSCC stock traded down $0.05 during trading hours on Friday, hitting $49.04. 1,747,011 shares of the company were exchanged, compared to its average volume of 2,569,722. The firm has a market cap of $6.75 billion, a PE ratio of 111.46, a PEG ratio of 3.03 and a beta of 1.64. The firm has a fifty day moving average of $54.14 and a 200 day moving average of $55.45. Lattice Semiconductor Co. has a 1 year low of $34.69 and a 1 year high of $78.85.

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

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on LSCC. Stifel Nicolaus lifted their price objective on Lattice Semiconductor from $65.00 to $70.00 and gave the stock a "buy" rating in a report on Tuesday, February 11th. Loop Capital initiated coverage on Lattice Semiconductor in a research note on Friday, April 4th. They set a "buy" rating and a $85.00 price target for the company. Rosenblatt Securities reissued a "buy" rating and issued a $85.00 price objective on shares of Lattice Semiconductor in a research note on Monday, February 10th. StockNews.com downgraded shares of Lattice Semiconductor from a "hold" rating to a "sell" rating in a report on Tuesday, March 11th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $70.00 price target on shares of Lattice Semiconductor in a report on Tuesday, February 11th. Two investment analysts have rated the stock with a sell rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $67.69.

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.