Lattice Semiconductor Corporation (NASDAQ:LSCC) Shares Purchased by Cwm LLC

CWM LLC boosted its stake in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 25.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,163 shares of the semiconductor company's stock after acquiring an additional 6,706 shares during the period. CWM LLC's holdings in Lattice Semiconductor were worth $1,739,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. T. Rowe Price Investment Management Inc. increased its stake in shares of Lattice Semiconductor by 2.3% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 21,544,339 shares of the semiconductor company's stock worth $1,220,487,000 after acquiring an additional 478,440 shares during the period. Vanguard Group Inc. increased its stake in shares of Lattice Semiconductor by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 14,944,397 shares of the semiconductor company's stock worth $846,600,000 after acquiring an additional 229,820 shares during the period. Price T Rowe Associates Inc. MD increased its stake in shares of Lattice Semiconductor by 291.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,283,157 shares of the semiconductor company's stock worth $355,942,000 after acquiring an additional 4,676,100 shares during the period. Geode Capital Management LLC increased its stake in shares of Lattice Semiconductor by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 3,055,445 shares of the semiconductor company's stock worth $173,132,000 after acquiring an additional 74,655 shares during the period. Finally, Capital Research Global Investors increased its stake in shares of Lattice Semiconductor by 10.6% during the fourth quarter. Capital Research Global Investors now owns 2,258,500 shares of the semiconductor company's stock worth $127,944,000 after acquiring an additional 216,617 shares during the period. 98.08% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have weighed in on LSCC. Robert W. Baird upped their target price on shares of Lattice Semiconductor from $42.00 to $50.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 6th. Raymond James Financial reiterated an "outperform" rating and issued a $64.00 price target (down from $66.00) on shares of Lattice Semiconductor in a research report on Tuesday, May 6th. KeyCorp lowered their price target 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. Williams Trading set a $60.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, May 6th. Finally, Loop Capital decreased their price objective on Lattice Semiconductor from $85.00 to $75.00 and set a "buy" rating on the stock in a report on Tuesday, May 6th. Two equities research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $63.15.

Insider Buying and Selling at Lattice Semiconductor

In related news, Director Elizabeth M. Schwarting sold 700 shares of Lattice Semiconductor stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $52.03, for a total transaction of $36,421.00. Following the sale, the director owned 8,084 shares of the company's stock, valued at $420,610.52. The trade was a 7.97% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Tracy Ann Feanny sold 1,790 shares of Lattice Semiconductor stock in a transaction on Monday, May 12th. The stock was sold at an average price of $56.56, for a total transaction of $101,242.40. Following the sale, the senior vice president directly owned 87,106 shares in the company, valued at $4,926,715.36. This trade represents a 2.01% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.19% of the company's stock.

Lattice Semiconductor Trading Down 1.7%

NASDAQ:LSCC traded down $0.88 during mid-day trading on Monday, hitting $52.15. The company had a trading volume of 1,572,457 shares, compared to its average volume of 2,624,205. The business has a fifty day simple moving average of $50.28 and a 200-day simple moving average of $53.27. Lattice Semiconductor Corporation has a 1 year low of $34.69 and a 1 year high of $70.55. The firm has a market capitalization of $7.17 billion, a price-to-earnings ratio of 140.95, a PEG ratio of 3.57 and a beta of 1.52.

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 (EPS) for the quarter, hitting the consensus estimate of $0.22. Lattice Semiconductor had a net margin of 10.51% and a return on equity of 9.24%. The firm had revenue of $120.15 million for the quarter, compared to the consensus estimate of $120.09 million. During the same quarter in the previous year, the firm posted $0.29 EPS. The firm's quarterly revenue was down 14.7% on a year-over-year basis. As a group, research analysts anticipate that Lattice Semiconductor Corporation will post 0.65 earnings per share for the current 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.