384,737 Shares in Lattice Semiconductor Co. (NASDAQ:LSCC) Bought by Tybourne Capital Management HK Ltd.

Tybourne Capital Management HK Ltd. acquired a new position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 384,737 shares of the semiconductor company's stock, valued at approximately $21,795,000. Lattice Semiconductor accounts for about 5.5% of Tybourne Capital Management HK Ltd.'s holdings, making the stock its 7th biggest position. Tybourne Capital Management HK Ltd. owned about 0.28% of Lattice Semiconductor as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of LSCC. Barclays PLC lifted its position in Lattice Semiconductor by 57.5% in the 3rd quarter. Barclays PLC now owns 1,019,896 shares of the semiconductor company's stock valued at $54,124,000 after acquiring an additional 372,301 shares in the last quarter. Park Avenue Securities LLC grew its holdings in Lattice Semiconductor by 19.3% during the fourth 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 in the last quarter. UMB Bank n.a. grew its holdings in Lattice Semiconductor by 67.7% during the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock worth $37,000 after buying an additional 266 shares in the last quarter. Compass Wealth Management LLC purchased a new stake in Lattice Semiconductor in the 4th quarter valued at $1,324,000. Finally, First Citizens Bank & Trust Co. lifted its stake in Lattice Semiconductor by 14.3% during the 4th quarter. First Citizens Bank & Trust Co. now owns 5,365 shares of the semiconductor company's stock valued at $304,000 after acquiring an additional 673 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Lattice Semiconductor news, Director Elizabeth M. Schwarting sold 700 shares of Lattice Semiconductor stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $52.03, for a total value of $36,421.00. Following the transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Pravin Desale sold 2,890 shares of the business's 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. The trade was a 2.99% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,380 shares of company stock worth $974,722 in the last 90 days. 1.80% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have commented on LSCC shares. Needham & Company LLC reaffirmed a "buy" rating and set a $70.00 target price on shares of Lattice Semiconductor in a research report on Tuesday, May 6th. KeyCorp lowered their price objective on shares of Lattice Semiconductor from $75.00 to $70.00 and set an "overweight" rating on the stock in a research report on Tuesday, May 6th. TD Cowen boosted their target price on shares of Lattice Semiconductor from $50.00 to $58.00 and gave the company a "buy" rating in a research note on Tuesday, May 6th. Robert W. Baird raised their price target on shares of Lattice Semiconductor from $42.00 to $50.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 6th. Finally, Benchmark reaffirmed a "buy" rating and issued a $60.00 price target on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Two investment analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $63.15.

Lattice Semiconductor Stock Up 0.5%

NASDAQ:LSCC opened at $52.53 on Monday. The business's 50-day moving average price is $50.44 and its two-hundred day moving average price is $55.32. The stock has a market cap of $7.22 billion, a P/E ratio of 119.39, a PEG ratio of 3.03 and a beta of 1.60. Lattice Semiconductor Co. has a twelve month low of $34.69 and a twelve month high of $78.29.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The semiconductor company reported $0.22 earnings per share for the quarter, meeting analysts' consensus estimates of $0.22. Lattice Semiconductor had a return on equity of 11.22% and a net margin of 12.00%. The business had revenue of $120.15 million for the quarter, compared to the consensus estimate of $120.09 million. During the same quarter last year, the business posted $0.29 earnings per share. The company's revenue for the quarter was down 14.7% on a year-over-year basis. On average, equities research analysts expect that Lattice Semiconductor Co. will post 0.65 EPS 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.

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