239,406 Shares in Lattice Semiconductor Corporation (NASDAQ:LSCC) Bought by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC purchased a new stake in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 239,406 shares of the semiconductor company's stock, valued at approximately $12,557,000. Los Angeles Capital Management LLC owned about 0.17% of Lattice Semiconductor at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Sterling Capital Management LLC raised its holdings in shares of Lattice Semiconductor by 5.7% in the fourth quarter. Sterling Capital Management LLC now owns 3,002 shares of the semiconductor company's stock valued at $170,000 after purchasing an additional 163 shares during the last quarter. Allworth Financial LP grew its position in Lattice Semiconductor by 65.7% in the 1st quarter. Allworth Financial LP now owns 560 shares of the semiconductor company's stock worth $28,000 after purchasing an additional 222 shares in the last quarter. Global X Japan Co. Ltd. lifted its position in shares of Lattice Semiconductor by 2.3% during the 1st quarter. Global X Japan Co. Ltd. now owns 11,441 shares of the semiconductor company's stock worth $600,000 after buying an additional 252 shares in the last quarter. Resonant Capital Advisors LLC lifted its position in shares of Lattice Semiconductor by 7.1% during the 1st quarter. Resonant Capital Advisors LLC now owns 4,215 shares of the semiconductor company's stock worth $221,000 after buying an additional 280 shares in the last quarter. Finally, New Mexico Educational Retirement Board grew its holdings in shares of Lattice Semiconductor by 1.1% in the first quarter. New Mexico Educational Retirement Board now owns 28,300 shares of the semiconductor company's stock valued at $1,484,000 after acquiring an additional 300 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors.

Lattice Semiconductor Stock Down 3.2%

Lattice Semiconductor stock traded down $1.70 during trading on Thursday, hitting $51.88. The stock had a trading volume of 797,131 shares, compared to its average volume of 2,615,670. Lattice Semiconductor Corporation has a 1 year low of $34.69 and a 1 year high of $70.55. The stock's 50 day moving average is $50.11 and its two-hundred day moving average is $53.24. The stock has a market cap of $7.13 billion, a price-to-earnings ratio of 140.21, a price-to-earnings-growth ratio of 3.54 and a beta of 1.52.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The semiconductor company reported $0.22 EPS for the quarter, meeting the consensus estimate of $0.22. The business had revenue of $120.15 million for the quarter, compared to the consensus estimate of $120.09 million. Lattice Semiconductor had a return on equity of 9.24% and a net margin of 10.51%. Lattice Semiconductor's revenue for the quarter was down 14.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.29 earnings per share. As a group, equities research analysts anticipate that Lattice Semiconductor Corporation will post 0.65 EPS for the current fiscal year.

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, Director Elizabeth M. Schwarting sold 700 shares of the 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 sale, the director owned 8,084 shares in the company, valued at $420,610.52. This represents a 7.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Tracy Ann Feanny sold 1,790 shares of the 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 sale, the senior vice president owned 87,106 shares in the company, valued at approximately $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.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on LSCC shares. Benchmark reaffirmed a "buy" rating and issued a $60.00 target price on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Williams Trading set a $60.00 target price on Lattice Semiconductor in a report on Tuesday, May 6th. Raymond James Financial reaffirmed an "outperform" rating and issued a $64.00 target price (down from $66.00) on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Needham & Company LLC reaffirmed a "buy" rating and issued a $70.00 target price on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Finally, TD Cowen upped their target price on Lattice Semiconductor from $50.00 to $58.00 and gave the company a "buy" rating in a report on Tuesday, May 6th. Two research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $63.15.

About Lattice Semiconductor

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.