GAMMA Investing LLC Purchases 215,784 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

GAMMA Investing LLC grew its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 7,924.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 218,507 shares of the semiconductor company's stock after buying an additional 215,784 shares during the period. GAMMA Investing LLC owned approximately 0.16% of Lattice Semiconductor worth $11,461,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD increased its position in shares of Lattice Semiconductor by 291.0% in 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 purchasing an additional 4,676,100 shares during the period. Norges Bank bought a new position in Lattice Semiconductor in the fourth quarter valued at about $88,674,000. TimesSquare Capital Management LLC grew its position in Lattice Semiconductor by 2,923.4% in the fourth quarter. TimesSquare Capital Management LLC now owns 1,523,545 shares of the semiconductor company's stock valued at $86,309,000 after acquiring an additional 1,473,154 shares during the last quarter. Janus Henderson Group PLC grew its position in Lattice Semiconductor by 740.3% in the fourth quarter. Janus Henderson Group PLC now owns 1,357,119 shares of the semiconductor company's stock valued at $76,843,000 after acquiring an additional 1,195,624 shares during the last quarter. Finally, Hood River Capital Management LLC bought a new position in Lattice Semiconductor in the fourth quarter valued at about $44,147,000. Institutional investors own 98.08% of the company's stock.

Insider Buying and Selling at Lattice Semiconductor

In other news, Director Elizabeth M. Schwarting sold 700 shares of the company's stock in a transaction 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 transaction, the director now owns 8,084 shares of the company's stock, valued at $420,610.52. This represents a 7.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Tracy Ann Feanny sold 1,790 shares of the company's stock in a transaction on Monday, May 12th. The shares were 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 in the company, valued at $4,926,715.36. This represents a 2.01% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.80% of the company's stock.

Lattice Semiconductor Price Performance

Shares of NASDAQ:LSCC opened at $48.02 on Friday. The company has a market capitalization of $6.60 billion, a PE ratio of 109.14, a price-to-earnings-growth ratio of 3.03 and a beta of 1.52. The business has a fifty day moving average price of $46.73 and a two-hundred day moving average price of $54.82. Lattice Semiconductor Co. has a 1 year low of $34.69 and a 1 year high of $70.55.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.22. The firm 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 business's revenue for the quarter was down 14.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.29 EPS. Sell-side analysts anticipate that Lattice Semiconductor Co. will post 0.65 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Benchmark reiterated a "buy" rating and issued a $60.00 target price on shares of Lattice Semiconductor in a research report on Tuesday, May 6th. KeyCorp cut their price target on Lattice Semiconductor from $75.00 to $70.00 and set an "overweight" rating on the stock in a research note on Tuesday, May 6th. Robert W. Baird lifted their price target on Lattice Semiconductor from $42.00 to $50.00 and gave the company an "outperform" rating in a research note on Tuesday, May 6th. Williams Trading set a $60.00 price objective on Lattice Semiconductor in a research note on Tuesday, May 6th. Finally, Susquehanna lifted their price objective on Lattice Semiconductor from $70.00 to $75.00 and gave the stock a "positive" rating in a research note on Tuesday, February 11th. Two analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company. According to MarketBeat.com, Lattice Semiconductor currently has a consensus rating of "Moderate Buy" and an average price target of $63.15.

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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