SG Americas Securities LLC Has $410,000 Stock Position in Lattice Semiconductor Corporation (NASDAQ:LSCC)

SG Americas Securities LLC increased its position in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 326.8% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,824 shares of the semiconductor company's stock after purchasing an additional 5,991 shares during the period. SG Americas Securities LLC's holdings in Lattice Semiconductor were worth $410,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. US Bancorp DE lifted its holdings in Lattice Semiconductor by 2.9% during the 4th quarter. US Bancorp DE now owns 28,111 shares of the semiconductor company's stock worth $1,592,000 after buying an additional 800 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Lattice Semiconductor by 3.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 939,393 shares of the semiconductor company's stock valued at $53,217,000 after acquiring an additional 29,516 shares in the last quarter. Proficio Capital Partners LLC bought a new position in Lattice Semiconductor during the fourth quarter worth $834,000. Vanguard Group Inc. lifted its stake in Lattice Semiconductor by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 14,944,397 shares of the semiconductor company's stock worth $846,600,000 after purchasing an additional 229,820 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in Lattice Semiconductor by 47.0% in the fourth quarter. Alliancebernstein L.P. now owns 583,515 shares of the semiconductor company's stock worth $33,056,000 after purchasing an additional 186,689 shares during the period. 98.08% of the stock is owned by institutional investors.

Insider Transactions at Lattice Semiconductor

In related news, SVP Tracy Ann Feanny sold 1,790 shares of the firm's stock in a transaction dated 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 now owns 87,106 shares of the company's stock, valued at $4,926,715.36. This trade represents a 2.01% decrease in their ownership of the stock. 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 firm's stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $52.03, for a total value of $36,421.00. Following the transaction, the director now directly owns 8,084 shares of the company's stock, valued at $420,610.52. This represents a 7.97% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.80% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on LSCC. Benchmark reissued a "buy" rating and set a $60.00 target price on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Loop Capital lowered their price objective on shares of Lattice Semiconductor from $85.00 to $75.00 and set a "buy" rating for the company in a research report on Tuesday, May 6th. Williams Trading set a $60.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, May 6th. Robert W. Baird raised their target price on shares of Lattice Semiconductor from $42.00 to $50.00 and gave the stock an "outperform" rating in a report on Tuesday, May 6th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and set a $72.00 target price on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Two research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, Lattice Semiconductor currently has an average rating of "Moderate Buy" and an average price target of $63.15.

Lattice Semiconductor Stock Down 0.7%

Lattice Semiconductor stock traded down $0.34 during mid-day trading on Wednesday, hitting $50.81. 1,720,640 shares of the company's stock traded hands, compared to its average volume of 2,623,825. Lattice Semiconductor Corporation has a one year low of $34.69 and a one year high of $70.55. The firm has a 50 day moving average price of $48.62 and a 200 day moving average price of $54.26. The company has a market cap of $6.99 billion, a PE ratio of 137.32, a price-to-earnings-growth ratio of 3.44 and a beta of 1.52.

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

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.