Oak Thistle LLC Purchases 22,773 Shares of Lattice Semiconductor Corporation (NASDAQ:LSCC)

Oak Thistle LLC raised its holdings in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 160.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 36,968 shares of the semiconductor company's stock after acquiring an additional 22,773 shares during the quarter. Oak Thistle LLC's holdings in Lattice Semiconductor were worth $1,939,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD increased its position in Lattice Semiconductor by 291.0% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,283,157 shares of the semiconductor company's stock worth $355,942,000 after acquiring an additional 4,676,100 shares during the period. Norges Bank bought a new stake in Lattice Semiconductor in the 4th quarter valued at $88,674,000. Janus Henderson Group PLC increased its holdings 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 valued at $76,843,000 after buying an additional 1,195,624 shares during the period. Hood River Capital Management LLC bought a new stake in Lattice Semiconductor in the 4th quarter valued at $44,147,000. Finally, Brown Advisory Inc. increased its holdings in Lattice Semiconductor by 110.6% in the 4th quarter. Brown Advisory Inc. now owns 970,411 shares of the semiconductor company's stock valued at $54,974,000 after buying an additional 509,704 shares during the period. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 1,790 shares of the company's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $56.56, for a total transaction of $101,242.40. Following the completion of the transaction, the senior vice president owned 87,106 shares of the company's stock, valued at $4,926,715.36. This represents a 2.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Elizabeth M. Schwarting sold 700 shares of the company's stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $52.03, for a total value of $36,421.00. Following the transaction, the director directly owned 8,084 shares of the company's stock, valued at approximately $420,610.52. This trade represents a 7.97% 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 research analysts have issued reports on the stock. KeyCorp lowered their price target on shares of Lattice Semiconductor from $75.00 to $70.00 and set an "overweight" rating on the stock in a report on Tuesday, May 6th. Williams Trading set a $60.00 target price on shares of Lattice Semiconductor in a research note on Tuesday, May 6th. Rosenblatt Securities reiterated a "buy" rating and set a $72.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, May 6th. Robert W. Baird upped their price target on shares of Lattice Semiconductor from $42.00 to $50.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 6th. Finally, Loop Capital reduced their price target on shares of Lattice Semiconductor from $85.00 to $75.00 and set a "buy" rating on the stock in a research report on Tuesday, May 6th. Two equities research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, Lattice Semiconductor has an average rating of "Moderate Buy" and an average price target of $63.15.

Lattice Semiconductor Stock Performance

NASDAQ LSCC traded up $1.54 during trading hours on Friday, reaching $53.79. 1,445,290 shares of the company's stock were exchanged, compared to its average volume of 2,615,051. The company's 50-day moving average is $50.11 and its two-hundred day moving average is $53.20. Lattice Semiconductor Corporation has a one year low of $34.69 and a one year high of $70.55. The company has a market capitalization of $7.40 billion, a price-to-earnings ratio of 145.38, a price-to-earnings-growth ratio of 3.61 and a beta of 1.52.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its earnings results on Monday, May 5th. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.22. Lattice Semiconductor had a return on equity of 9.24% and a net margin of 10.51%. The business had revenue of $120.15 million during the quarter, compared to analysts' expectations of $120.09 million. During the same period in the prior year, the business earned $0.29 EPS. Lattice Semiconductor's revenue for the quarter was down 14.7% compared to the same quarter last year. Research analysts predict that Lattice Semiconductor Corporation will post 0.65 earnings per share for the current fiscal 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.