Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Sold by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc lessened its holdings in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 17.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 41,806 shares of the semiconductor company's stock after selling 9,000 shares during the quarter. Ensign Peak Advisors Inc's holdings in Lattice Semiconductor were worth $2,368,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of LSCC. Barclays PLC increased its stake in shares of Lattice Semiconductor by 57.5% in the 3rd quarter. Barclays PLC now owns 1,019,896 shares of the semiconductor company's stock worth $54,124,000 after acquiring an additional 372,301 shares during the last quarter. Oak Thistle LLC acquired a new position in Lattice Semiconductor in the 4th quarter valued at about $804,000. Park Avenue Securities LLC increased its stake in Lattice Semiconductor by 19.3% during the 4th quarter. Park Avenue Securities LLC now owns 4,924 shares of the semiconductor company's stock worth $279,000 after buying an additional 796 shares during the period. Hennion & Walsh Asset Management Inc. raised its stake in shares of Lattice Semiconductor by 31.6% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 34,040 shares of the semiconductor company's stock valued at $1,928,000 after acquiring an additional 8,171 shares in the last quarter. Finally, UMB Bank n.a. boosted its stake in shares of 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 buying an additional 266 shares during the period. Hedge funds and other institutional investors own 98.08% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on LSCC shares. Robert W. Baird increased their target price on Lattice Semiconductor from $42.00 to $50.00 and gave the company an "outperform" rating in a report on Tuesday, May 6th. Rosenblatt Securities restated a "buy" rating and issued a $72.00 price target on shares of Lattice Semiconductor in a report on Tuesday, May 6th. StockNews.com downgraded shares of Lattice Semiconductor from a "hold" rating to a "sell" rating in a report on Tuesday, March 11th. Susquehanna increased their price objective on Lattice Semiconductor from $70.00 to $75.00 and gave the company a "positive" rating in a research note on Tuesday, February 11th. Finally, Raymond James restated an "outperform" rating and set a $64.00 target price (down previously from $66.00) on shares of Lattice Semiconductor in a research report on Tuesday, May 6th. Two investment analysts have rated the stock with a sell rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $63.15.

Lattice Semiconductor Stock Down 2.7%

Shares of Lattice Semiconductor stock traded down $1.37 during trading hours on Wednesday, hitting $48.99. The company's stock had a trading volume of 862,907 shares, compared to its average volume of 2,634,660. The company has a market capitalization of $6.74 billion, a PE ratio of 111.41, a P/E/G ratio of 3.03 and a beta of 1.60. The business has a fifty day moving average of $50.28 and a 200 day moving average of $55.34. Lattice Semiconductor Co. has a 1-year low of $34.69 and a 1-year high of $78.29.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued its earnings results on Monday, May 5th. The semiconductor company reported $0.22 earnings per share for the quarter, hitting the consensus estimate of $0.22. The company had revenue of $120.15 million during the quarter, compared to the consensus estimate of $120.09 million. Lattice Semiconductor had a return on equity of 11.22% and a net margin of 12.00%. The company's revenue was down 14.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.29 earnings per share. On average, sell-side analysts anticipate that Lattice Semiconductor Co. will post 0.65 earnings per share for the current fiscal year.

Insider Activity

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 1,790 shares of the company's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $56.56, for a total value of $101,242.40. Following the transaction, the senior vice president now directly owns 87,106 shares of the company's stock, valued at $4,926,715.36. This represents a 2.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Elizabeth M. Schwarting sold 700 shares of the firm's stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $52.03, for a total transaction of $36,421.00. Following the sale, the director now directly owns 8,084 shares of the company's stock, valued at $420,610.52. The trade was a 7.97% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 12,490 shares of company stock worth $777,363. 1.19% of the stock is currently owned by company insiders.

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.