Lattice Semiconductor Corporation (NASDAQ:LSCC) Shares Sold by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc reduced its position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 66.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,000 shares of the semiconductor company's stock after selling 20,000 shares during the period. K.J. Harrison & Partners Inc's holdings in Lattice Semiconductor were worth $524,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Proficio Capital Partners LLC acquired a new position in Lattice Semiconductor in the 4th quarter valued at about $834,000. Versor Investments LP acquired a new position in shares of Lattice Semiconductor in the fourth quarter valued at approximately $323,000. US Bancorp DE increased its stake in Lattice Semiconductor by 2.9% during the 4th quarter. US Bancorp DE now owns 28,111 shares of the semiconductor company's stock worth $1,592,000 after buying an additional 800 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in Lattice Semiconductor during the 4th quarter worth approximately $57,000. Finally, Jones Financial Companies Lllp boosted its position in Lattice Semiconductor by 88.1% in the 4th quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company's stock valued at $45,000 after buying an additional 370 shares during the period. 98.08% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have commented on LSCC. Raymond James Financial reiterated an "outperform" rating and set a $64.00 price target (down previously from $66.00) on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Loop Capital decreased their price objective on shares of Lattice Semiconductor from $85.00 to $75.00 and set a "buy" rating for the company in a research report on Tuesday, May 6th. Needham & Company LLC reissued a "buy" rating and issued a $70.00 target price on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Rosenblatt Securities reaffirmed a "buy" rating and set a $72.00 price target on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Finally, Williams Trading set a $60.00 price objective on Lattice Semiconductor in a research report on Tuesday, May 6th. Two analysts have rated the stock with a sell rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $63.15.

Lattice Semiconductor Stock Performance

Lattice Semiconductor stock traded up $2.17 during mid-day trading on Wednesday, reaching $52.31. 3,213,444 shares of the company were exchanged, compared to its average volume of 2,636,235. The firm has a market cap of $7.19 billion, a PE ratio of 141.38, a price-to-earnings-growth ratio of 3.30 and a beta of 1.52. The firm's 50-day simple moving average is $49.29 and its two-hundred day simple moving average is $53.88. Lattice Semiconductor Corporation has a twelve month low of $34.69 and a twelve month high of $70.55.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The semiconductor company reported $0.22 earnings per share for the quarter, meeting 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 10.51% and a return on equity of 9.24%. Lattice Semiconductor's quarterly revenue was down 14.7% on a year-over-year basis. During the same period last year, the firm posted $0.29 EPS. As a group, equities research analysts anticipate that Lattice Semiconductor Corporation will post 0.65 EPS for the current year.

Insider Buying and Selling

In related news, SVP Tracy Ann Feanny sold 1,790 shares of the firm's stock in a transaction dated Monday, May 12th. The shares were 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 in the company, valued at $4,926,715.36. This trade represents a 2.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Elizabeth M. Schwarting sold 700 shares of the company's stock in a transaction dated 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 owned 8,084 shares in the company, valued at $420,610.52. The trade was a 7.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.19% of the stock is currently owned by insiders.

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.