MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Sells 7,452 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. decreased its stake in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 5.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 141,360 shares of the semiconductor company's stock after selling 7,452 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.10% of Lattice Semiconductor worth $8,008,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in LSCC. Price T Rowe Associates Inc. MD increased its stake 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 in the last quarter. Norges Bank purchased a new position in shares of Lattice Semiconductor in the fourth quarter worth about $88,674,000. TimesSquare Capital Management LLC increased its stake in shares of 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 worth $86,309,000 after purchasing an additional 1,473,154 shares in the last quarter. Janus Henderson Group PLC increased its stake in shares of 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 worth $76,843,000 after purchasing an additional 1,195,624 shares in the last quarter. Finally, Hood River Capital Management LLC purchased a new position in shares of Lattice Semiconductor in the fourth quarter worth about $44,147,000. Institutional investors own 98.08% of the company's stock.

Analyst Ratings Changes

Several research firms have recently weighed in on LSCC. TD Cowen lifted their target price on shares of Lattice Semiconductor from $50.00 to $58.00 and gave the stock a "buy" rating in a research note on Tuesday, May 6th. Needham & Company LLC reaffirmed a "buy" rating and set a $70.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, May 6th. Raymond James reaffirmed an "outperform" rating and set a $64.00 price objective (down previously from $66.00) on shares of Lattice Semiconductor in a research note on Tuesday, May 6th. Rosenblatt Securities reaffirmed a "buy" rating and set a $72.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, May 6th. Finally, Susquehanna boosted their price objective on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $63.15.

Lattice Semiconductor Trading Down 7.6%

Shares of NASDAQ:LSCC traded down $3.82 during trading on Wednesday, reaching $46.54. The company had a trading volume of 4,512,094 shares, compared to its average volume of 2,648,800. The company has a fifty day moving average of $49.84 and a two-hundred day moving average of $55.25. The stock has a market capitalization of $6.40 billion, a P/E ratio of 105.78, a price-to-earnings-growth 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 $78.29.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The semiconductor company reported $0.22 EPS for the quarter, hitting analysts' consensus estimates of $0.22. The firm had revenue of $120.15 million for the quarter, compared to analyst estimates of $120.09 million. Lattice Semiconductor had a net margin of 12.00% and a return on equity of 11.22%. The business's revenue for the quarter was down 14.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.29 EPS. As a group, equities research analysts predict that Lattice Semiconductor Co. will post 0.65 earnings per share for the current year.

Insider Transactions at Lattice Semiconductor

In other news, 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 now directly owns 8,084 shares in the company, valued at approximately $420,610.52. The trade was a 7.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Robin Ann Abrams sold 10,000 shares of the business's stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total transaction of $639,700.00. Following the completion of the sale, the director now owns 122,538 shares of the company's stock, valued at approximately $7,838,755.86. The trade was a 7.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,490 shares of company stock valued at $777,363 in the last quarter. Insiders own 1.19% of the company's stock.

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.