Robeco Schweiz AG Boosts Stake in Lattice Semiconductor Corporation (NASDAQ:LSCC)

Robeco Schweiz AG raised its position in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 1.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 978,066 shares of the semiconductor company's stock after buying an additional 14,866 shares during the quarter. Robeco Schweiz AG owned about 0.71% of Lattice Semiconductor worth $51,300,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of LSCC. Allworth Financial LP lifted its holdings in shares of Lattice Semiconductor by 65.7% in the 1st quarter. Allworth Financial LP now owns 560 shares of the semiconductor company's stock worth $28,000 after purchasing an additional 222 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in Lattice Semiconductor by 209.2% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 606 shares of the semiconductor company's stock worth $32,000 after buying an additional 410 shares during the last quarter. Skandinaviska Enskilda Banken AB publ increased its stake in shares of Lattice Semiconductor by 102.7% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company's stock worth $38,000 after purchasing an additional 340 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in Lattice Semiconductor by 88.1% in the fourth quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company's stock valued at $45,000 after purchasing an additional 370 shares during the last quarter. Finally, Johnson Financial Group Inc. bought a new position in shares of Lattice Semiconductor during the 4th quarter worth $52,000. Institutional investors own 98.08% of the company's stock.

Wall Street Analyst Weigh In

LSCC has been the subject of a number of analyst reports. Benchmark reaffirmed a "buy" rating and issued a $60.00 price target on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Raymond James Financial restated an "outperform" rating and set a $64.00 target price (down from $66.00) on shares of Lattice Semiconductor in a research report on Tuesday, May 6th. Robert W. Baird upped their price objective 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. KeyCorp cut their price target on shares of Lattice Semiconductor from $75.00 to $70.00 and set an "overweight" rating for the company in a research note on Tuesday, May 6th. Finally, Needham & Company LLC restated a "buy" rating and set a $70.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, May 6th. Two analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $63.15.

Lattice Semiconductor Trading Down 1.1%

Shares of NASDAQ:LSCC traded down $0.61 on Monday, hitting $53.11. 1,409,418 shares of the company were exchanged, compared to its average volume of 2,679,502. The stock's 50 day moving average price is $49.98 and its 200 day moving average price is $53.43. Lattice Semiconductor Corporation has a 1-year low of $34.69 and a 1-year high of $70.55. The firm has a market capitalization of $7.30 billion, a P/E ratio of 143.54, a price-to-earnings-growth ratio of 3.62 and a beta of 1.52.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued its earnings results on Monday, May 5th. The semiconductor company reported $0.22 EPS for the quarter, hitting analysts' consensus estimates of $0.22. The firm had revenue of $120.15 million for 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%. The company's revenue was down 14.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.29 earnings per share. On average, equities analysts predict that Lattice Semiconductor Corporation will post 0.65 EPS for the current fiscal year.

Insider Activity at Lattice Semiconductor

In related news, Director Elizabeth M. Schwarting sold 700 shares of the stock in a transaction that occurred on 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 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 completion of 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 position. The disclosure for this sale can be found here. Company insiders own 1.80% of the company's stock.

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.