Lattice Semiconductor Corporation (NASDAQ:LSCC) Stock Holdings Boosted by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its position in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 11.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 209,218 shares of the semiconductor company's stock after purchasing an additional 21,890 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned about 0.15% of Lattice Semiconductor worth $11,570,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LSCC. Sterling Capital Management LLC raised its position in 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 period. Lindbrook Capital LLC increased its position in shares of Lattice Semiconductor by 15.3% during the 4th quarter. Lindbrook Capital LLC now owns 1,428 shares of the semiconductor company's stock worth $81,000 after purchasing an additional 190 shares during the last quarter. Global X Japan Co. Ltd. raised its holdings in Lattice Semiconductor by 2.3% in the 1st quarter. Global X Japan Co. Ltd. now owns 11,441 shares of the semiconductor company's stock valued at $600,000 after buying an additional 252 shares during the period. Truvestments Capital LLC lifted its position in Lattice Semiconductor by 6.8% in the fourth quarter. Truvestments Capital LLC now owns 4,295 shares of the semiconductor company's stock valued at $243,000 after buying an additional 274 shares during the last quarter. Finally, ProShare Advisors LLC boosted its stake in Lattice Semiconductor by 1.2% during the fourth quarter. ProShare Advisors LLC now owns 24,501 shares of the semiconductor company's stock worth $1,388,000 after buying an additional 301 shares during the period. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, SVP Tracy Ann Feanny sold 1,790 shares of the stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $56.56, for a total transaction of $101,242.40. Following the sale, the senior vice president owned 87,106 shares in the company, valued at $4,926,715.36. This represents a 2.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Elizabeth M. Schwarting sold 700 shares of Lattice Semiconductor 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 transaction, the director owned 8,084 shares of the company's stock, valued at approximately $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. 1.80% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on LSCC shares. Raymond James Financial reissued an "outperform" rating and set a $64.00 target price (down previously from $66.00) on shares of Lattice Semiconductor in a research note on Tuesday, May 6th. Williams Trading set a $60.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, May 6th. TD Cowen upped their price objective on Lattice Semiconductor from $50.00 to $58.00 and gave the stock a "buy" rating in a research report on Tuesday, May 6th. Loop Capital decreased their target price on Lattice Semiconductor from $85.00 to $75.00 and set a "buy" rating for the company in a research report on Tuesday, May 6th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $70.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, May 6th. Two investment analysts have rated the stock with a sell rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, Lattice Semiconductor has a consensus rating of "Moderate Buy" and an average price target of $63.15.

Lattice Semiconductor Price Performance

NASDAQ LSCC traded down $0.29 on Thursday, reaching $52.03. The company had a trading volume of 1,183,828 shares, compared to its average volume of 2,632,312. Lattice Semiconductor Corporation has a 1 year low of $34.69 and a 1 year high of $70.55. The firm has a 50-day moving average of $49.46 and a 200-day moving average of $53.87. The firm has a market capitalization of $7.15 billion, a PE ratio of 140.61, a P/E/G ratio of 3.38 and a beta of 1.52.

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, 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 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 posted $0.29 earnings per share. As a group, sell-side analysts expect that Lattice Semiconductor Corporation will post 0.65 EPS for the current fiscal year.

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.