Lattice Semiconductor Corporation (NASDAQ:LSCC) Stake Increased by Natixis Advisors LLC

Natixis Advisors LLC increased its stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 151.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,469 shares of the semiconductor company's stock after purchasing an additional 34,041 shares during the quarter. Natixis Advisors LLC's holdings in Lattice Semiconductor were worth $2,962,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD raised its position 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 valued at $355,942,000 after buying an additional 4,676,100 shares during the last quarter. Janus Henderson Group PLC grew its stake in Lattice Semiconductor by 740.3% in the 4th quarter. Janus Henderson Group PLC now owns 1,357,119 shares of the semiconductor company's stock worth $76,843,000 after acquiring an additional 1,195,624 shares during the period. Hood River Capital Management LLC purchased a new position in shares of Lattice Semiconductor during the 4th quarter worth $44,147,000. Brown Advisory Inc. boosted its holdings in shares of Lattice Semiconductor by 110.6% during the fourth quarter. Brown Advisory Inc. now owns 970,411 shares of the semiconductor company's stock worth $54,974,000 after purchasing an additional 509,704 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Lattice Semiconductor in the 4th quarter worth about $28,325,000. Institutional investors and hedge funds own 98.08% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently commented on LSCC. 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 Financial reaffirmed an "outperform" rating and set a $64.00 price target (down previously from $66.00) on shares of Lattice Semiconductor in a research report on Tuesday, May 6th. KeyCorp cut their price target on shares of Lattice Semiconductor from $75.00 to $70.00 and set an "overweight" rating on the stock in a research note on Tuesday, May 6th. TD Cowen lowered their price objective on shares of Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating for the company in a research note on Tuesday. Finally, Robert W. Baird increased 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 research analyst has rated the stock with a sell rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $63.58.

Insider Buying and Selling

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 1,790 shares of the business's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $56.56, for a total value of $101,242.40. Following the transaction, the senior vice president owned 87,106 shares in the company, valued at $4,926,715.36. The trade was a 2.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Elizabeth M. Schwarting sold 700 shares of the company's stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $52.03, for a total transaction of $36,421.00. Following the completion of the transaction, the director directly 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. Company insiders own 1.80% of the company's stock.

Lattice Semiconductor Price Performance

NASDAQ LSCC traded up $3.14 during trading hours on Thursday, hitting $60.72. The company had a trading volume of 4,803,959 shares, compared to its average volume of 2,470,501. The firm's 50 day moving average is $51.20 and its 200 day moving average is $53.00. The company has a market capitalization of $8.31 billion, a price-to-earnings ratio of 264.01, a P/E/G ratio of 3.82 and a beta of 1.52. Lattice Semiconductor Corporation has a fifty-two week low of $34.69 and a fifty-two week high of $70.55.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its earnings results on Monday, August 4th. The semiconductor company reported $0.24 EPS for the quarter, meeting the consensus estimate of $0.24. The business had revenue of $123.97 million for the quarter, compared to the consensus estimate of $123.60 million. Lattice Semiconductor had a return on equity of 6.61% and a net margin of 6.47%. The company's revenue was down .1% on a year-over-year basis. During the same period last year, the business posted $0.23 EPS. On average, equities analysts anticipate that Lattice Semiconductor Corporation will post 0.65 EPS for the current year.

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.