Universal Beteiligungs und Servicegesellschaft mbH Makes New $2.04 Million Investment in Lattice Semiconductor Corporation (NASDAQ:LSCC)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 38,975 shares of the semiconductor company's stock, valued at approximately $2,044,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LSCC. Allworth Financial LP boosted its position in shares of Lattice Semiconductor by 65.7% during the 1st quarter. Allworth Financial LP now owns 560 shares of the semiconductor company's stock valued at $28,000 after purchasing an additional 222 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Lattice Semiconductor by 209.2% in 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 period. Johnson Financial Group Inc. acquired a new position in shares of Lattice Semiconductor in the fourth quarter worth about $52,000. Aster Capital Management DIFC Ltd acquired a new position in shares of Lattice Semiconductor in the fourth quarter worth about $74,000. Finally, Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Lattice Semiconductor in the fourth quarter worth about $77,000. Institutional investors own 98.08% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have commented on LSCC. TD Cowen raised their target price on shares of Lattice Semiconductor from $50.00 to $58.00 and gave the stock a "buy" rating in a report 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. Loop Capital reduced their price target 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. Needham & Company LLC reissued a "buy" rating and issued a $70.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, May 6th. Finally, Benchmark reissued a "buy" rating and issued a $60.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, May 6th. One investment analyst has rated the stock with a sell rating and eleven have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $64.50.

Insider Transactions at Lattice Semiconductor

In related news, Director Elizabeth M. Schwarting sold 700 shares of Lattice Semiconductor stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $52.03, for a total value of $36,421.00. Following the completion of the transaction, the director directly owned 8,084 shares of the company's stock, valued at $420,610.52. The trade was a 7.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 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 completion of the transaction, the senior vice president directly owned 87,106 shares of the company's stock, valued at $4,926,715.36. This represents a 2.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.80% of the company's stock.

Lattice Semiconductor Stock Down 1.7%

LSCC traded down $0.84 during trading on Friday, reaching $48.99. 3,197,252 shares of the company's stock were exchanged, compared to its average volume of 1,770,197. Lattice Semiconductor Corporation has a fifty-two week low of $34.69 and a fifty-two week high of $70.55. The business has a 50 day moving average price of $50.47 and a 200 day moving average price of $53.02. The company has a market capitalization of $6.74 billion, a P/E ratio of 132.41, a PEG ratio of 3.30 and a beta of 1.52.

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