Mitsubishi UFJ Asset Management Co. Ltd. Has $1.14 Million Position in Lattice Semiconductor Corporation (NASDAQ:LSCC)

Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 63.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 21,701 shares of the semiconductor company's stock after buying an additional 8,409 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.'s holdings in Lattice Semiconductor were worth $1,138,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Allworth Financial LP grew its stake in Lattice Semiconductor by 65.7% during the 1st quarter. Allworth Financial LP now owns 560 shares of the semiconductor company's stock valued at $28,000 after acquiring an additional 222 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in shares of Lattice Semiconductor by 209.2% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 606 shares of the semiconductor company's stock valued at $32,000 after buying an additional 410 shares in the last quarter. Picton Mahoney Asset Management bought a new stake in shares of Lattice Semiconductor in the 1st quarter valued at approximately $36,000. Johnson Financial Group Inc. bought a new stake in shares of Lattice Semiconductor in the 4th quarter valued at approximately $52,000. Finally, UMB Bank n.a. grew its stake in shares of Lattice Semiconductor by 114.6% in the 1st quarter. UMB Bank n.a. now owns 1,414 shares of the semiconductor company's stock valued at $74,000 after buying an additional 755 shares in the last quarter. Institutional investors and hedge funds own 98.08% of the company's stock.

Lattice Semiconductor Stock Down 0.0%

Shares of LSCC stock traded down $0.02 during trading hours on Friday, reaching $63.53. 2,360,519 shares of the company's stock were exchanged, compared to its average volume of 2,976,547. Lattice Semiconductor Corporation has a fifty-two week low of $34.69 and a fifty-two week high of $70.55. The stock has a market capitalization of $8.70 billion, a P/E ratio of 276.23, a P/E/G ratio of 4.67 and a beta of 1.52. The business has a fifty day moving average price of $53.19 and a 200-day moving average price of $53.19.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.24 EPS for the quarter, hitting analysts' consensus estimates of $0.24. The company had revenue of $123.97 million during the quarter, compared to analyst estimates of $123.60 million. Lattice Semiconductor had a return on equity of 6.61% and a net margin of 6.47%. The company's quarterly revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.23 earnings per share. As a group, research analysts expect that Lattice Semiconductor Corporation will post 0.65 EPS for the current fiscal year.

Wall Street Analyst Weigh In

LSCC has been the subject of several recent research reports. Loop Capital lowered their price target on Lattice Semiconductor from $75.00 to $65.00 and set a "buy" rating for the company in a research note on Tuesday, August 5th. Williams Trading set a $60.00 price target on Lattice Semiconductor in a research note on Tuesday, May 6th. Raymond James Financial reissued an "outperform" rating and issued a $64.00 price target (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 target price on shares of Lattice Semiconductor in a research report on Tuesday, August 5th. Finally, Robert W. Baird upped their target price on Lattice Semiconductor from $42.00 to $50.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 6th. One equities research analyst has rated the stock with a sell rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $63.58.

Insider Activity at Lattice Semiconductor

In related news, CAO Tonya Stevens sold 3,439 shares of the company's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $64.92, for a total value of $223,259.88. Following the completion of the transaction, the chief accounting officer directly owned 87,776 shares in the company, valued at approximately $5,698,417.92. This represents a 3.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.80% of the company's stock.

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.