Nomura Holdings Inc. Purchases New Shares in Lattice Semiconductor Co. (NASDAQ:LSCC)

Nomura Holdings Inc. bought a new stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 18,307 shares of the semiconductor company's stock, valued at approximately $1,037,000.

Several other large investors have also recently modified their holdings of the company. UMB Bank n.a. lifted its stake in shares of Lattice Semiconductor by 67.7% in the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock valued at $37,000 after purchasing an additional 266 shares during the period. Arcadia Investment Management Corp MI acquired a new stake in shares of Lattice Semiconductor in the fourth quarter valued at $38,000. Skandinaviska Enskilda Banken AB publ boosted its position in Lattice Semiconductor by 102.7% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company's stock valued at $38,000 after buying an additional 340 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Lattice Semiconductor by 88.1% during the fourth quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company's stock worth $45,000 after buying an additional 370 shares during the period. Finally, Johnson Financial Group Inc. purchased a new position in shares of Lattice Semiconductor in the 4th quarter valued at about $52,000. Institutional investors own 98.08% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on LSCC shares. 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. Benchmark reissued a "buy" rating and issued a $60.00 target price on shares of Lattice Semiconductor in a research report on Tuesday, May 6th. Robert W. Baird lifted their target price on shares of Lattice Semiconductor from $42.00 to $50.00 and gave the company an "outperform" rating in a report on Tuesday, May 6th. Susquehanna boosted their price target on Lattice Semiconductor from $70.00 to $75.00 and gave the stock a "positive" rating in a research note on Tuesday, February 11th. Finally, Williams Trading set a $60.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Two investment analysts have rated the stock with a sell rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $63.15.

Insider Activity

In other news, Director Robin Ann Abrams sold 10,000 shares of the company's stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total transaction of $639,700.00. Following the sale, the director now directly owns 122,538 shares in the company, valued at $7,838,755.86. This represents a 7.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Tracy Ann Feanny sold 1,790 shares of Lattice Semiconductor 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 sale, the senior vice president now owns 87,106 shares of the company's stock, valued at approximately $4,926,715.36. This trade represents a 2.01% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,490 shares of company stock worth $777,363 over the last quarter. 1.19% of the stock is currently owned by corporate insiders.

Lattice Semiconductor Price Performance

LSCC traded up $0.89 during trading on Thursday, hitting $47.43. The stock had a trading volume of 2,269,462 shares, compared to its average volume of 2,654,203. The firm has a market cap of $6.52 billion, a price-to-earnings ratio of 107.80, a P/E/G ratio of 3.03 and a beta of 1.60. Lattice Semiconductor Co. has a one year low of $34.69 and a one year high of $78.29. The company has a 50 day moving average price of $49.84 and a 200-day moving average price of $55.25.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued 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 during the quarter, compared to the consensus estimate of $120.09 million. Lattice Semiconductor had a net margin of 12.00% and a return on equity of 11.22%. The firm's revenue was down 14.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.29 EPS. As a group, sell-side analysts predict that Lattice Semiconductor Co. will post 0.65 EPS for the current fiscal year.

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.