GTS Securities LLC Boosts Stake in Lattice Semiconductor Co. (NASDAQ:LSCC)

GTS Securities LLC increased its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 363.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 19,589 shares of the semiconductor company's stock after acquiring an additional 15,363 shares during the period. GTS Securities LLC's holdings in Lattice Semiconductor were worth $1,110,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in LSCC. US Bancorp DE boosted its position in shares of Lattice Semiconductor by 2.9% during the 4th quarter. US Bancorp DE now owns 28,111 shares of the semiconductor company's stock valued at $1,592,000 after purchasing an additional 800 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Lattice Semiconductor by 3.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 939,393 shares of the semiconductor company's stock worth $53,217,000 after buying an additional 29,516 shares during the period. Compass Wealth Management LLC acquired a new stake in shares of Lattice Semiconductor during the 4th quarter worth approximately $1,324,000. 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 valued at $54,124,000 after acquiring an additional 372,301 shares in the last quarter. Finally, UMB Bank n.a. boosted its stake 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 acquiring an additional 266 shares in the last quarter. Institutional investors own 98.08% of the company's stock.

Analyst Upgrades and Downgrades

LSCC has been the subject of a number of research analyst reports. Stifel Nicolaus boosted their target price on Lattice Semiconductor from $65.00 to $70.00 and gave the company a "buy" rating in a research report on Tuesday, February 11th. Loop Capital decreased their price objective on Lattice Semiconductor from $85.00 to $75.00 and set a "buy" rating for the company in a report on Tuesday, May 6th. KeyCorp cut their target price on Lattice Semiconductor from $75.00 to $70.00 and set an "overweight" rating on the stock in a report on Tuesday, May 6th. Benchmark reissued a "buy" rating and issued a $60.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, May 6th. Finally, Wall Street Zen downgraded shares of Lattice Semiconductor from a "hold" rating to a "sell" rating in a report on Tuesday, March 11th. Two 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.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $63.15.

Insider Buying and Selling

In other news, 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 value of $101,242.40. Following the completion of the transaction, the senior vice president now directly owns 87,106 shares in the company, valued at approximately $4,926,715.36. The trade was a 2.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 value of $36,421.00. Following the completion of the transaction, the director now owns 8,084 shares of the company's stock, valued at approximately $420,610.52. This trade represents a 7.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by corporate insiders.

Lattice Semiconductor Trading Down 3.2%

Shares of NASDAQ:LSCC traded down $1.51 during mid-day trading on Wednesday, hitting $46.32. 1,572,029 shares of the company traded hands, compared to its average volume of 2,661,624. The stock has a market cap of $6.37 billion, a P/E ratio of 105.28, a P/E/G ratio of 3.03 and a beta of 1.60. Lattice Semiconductor Co. has a 12-month low of $34.69 and a 12-month high of $78.21. The stock has a 50-day moving average price of $48.37 and a two-hundred day moving average price of $55.03.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its 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 for the quarter, compared to analysts' expectations of $120.09 million. Lattice Semiconductor had a return on equity of 11.22% and a net margin of 12.00%. Lattice Semiconductor's quarterly revenue was down 14.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.29 earnings per share. As a group, analysts expect that Lattice Semiconductor Co. 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.