Edgestream Partners L.P. Has $4.80 Million Stock Holdings in Lattice Semiconductor Corporation (NASDAQ:LSCC)

Edgestream Partners L.P. boosted its position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 138.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 91,435 shares of the semiconductor company's stock after buying an additional 53,106 shares during the quarter. Edgestream Partners L.P. owned approximately 0.07% of Lattice Semiconductor worth $4,796,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Allworth Financial LP grew its holdings in shares of Lattice Semiconductor by 65.7% in the first quarter. Allworth Financial LP now owns 560 shares of the semiconductor company's stock valued at $28,000 after purchasing an additional 222 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Lattice Semiconductor by 209.2% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 606 shares of the semiconductor company's stock valued at $32,000 after buying an additional 410 shares in the last quarter. Skandinaviska Enskilda Banken AB publ raised its position in Lattice Semiconductor by 102.7% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company's stock valued at $38,000 after purchasing an additional 340 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Lattice Semiconductor by 88.1% in the 4th quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company's stock worth $45,000 after acquiring an additional 370 shares during the period. Finally, Johnson Financial Group Inc. acquired a new stake in shares of Lattice Semiconductor in the 4th quarter worth $52,000. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

LSCC has been the subject of a number of research analyst reports. Loop Capital cut their price target on shares of Lattice Semiconductor from $85.00 to $75.00 and set a "buy" rating for the company in a report on Tuesday, May 6th. KeyCorp dropped their target price on shares of Lattice Semiconductor from $75.00 to $70.00 and set an "overweight" rating for the company in a report on Tuesday, May 6th. Rosenblatt Securities restated a "buy" rating and set a $72.00 target price on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Needham & Company LLC restated a "buy" rating and set a $70.00 target price on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Finally, Williams Trading set a $60.00 target price on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Two 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 has a consensus rating of "Moderate Buy" and a consensus target price of $63.15.

Insider Activity

In related news, SVP Tracy Ann Feanny sold 1,790 shares of the business'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 completion of the sale, the senior vice president owned 87,106 shares of the company's stock, valued at approximately $4,926,715.36. The trade was a 2.01% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Elizabeth M. Schwarting sold 700 shares of the business's stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $52.03, for a total value of $36,421.00. Following the completion of the sale, the director directly owned 8,084 shares of the company's stock, valued at approximately $420,610.52. The trade was a 7.97% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.80% of the company's stock.

Lattice Semiconductor Price Performance

Shares of NASDAQ:LSCC traded up $0.15 during midday trading on Thursday, reaching $52.10. The company had a trading volume of 495,238 shares, compared to its average volume of 2,627,677. The stock has a market capitalization of $7.16 billion, a P/E ratio of 140.71, a PEG ratio of 3.51 and a beta of 1.52. The stock's fifty day moving average price is $50.16 and its 200-day moving average price is $53.37. Lattice Semiconductor Corporation has a one year low of $34.69 and a one year high of $70.55.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, meeting 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 net margin of 10.51% and a return on equity of 9.24%. The company's revenue for the quarter was down 14.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 earnings per share. As a group, sell-side analysts forecast that Lattice Semiconductor Corporation will post 0.65 earnings per share for the current year.

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.