Vident Advisory LLC Increases Stock Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Vident Advisory LLC grew its position in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 8.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 71,536 shares of the semiconductor company's stock after acquiring an additional 5,798 shares during the period. Vident Advisory LLC owned 0.05% of Lattice Semiconductor worth $4,053,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of LSCC. US Bancorp DE raised its holdings in shares of Lattice Semiconductor by 2.9% in the fourth quarter. US Bancorp DE now owns 28,111 shares of the semiconductor company's stock valued at $1,592,000 after buying an additional 800 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Lattice Semiconductor by 3.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 939,393 shares of the semiconductor company's stock valued at $53,217,000 after purchasing an additional 29,516 shares during the last quarter. Compass Wealth Management LLC acquired a new position in Lattice Semiconductor during the 4th quarter worth $1,324,000. Barclays PLC increased its stake in shares of Lattice Semiconductor by 57.5% in the 3rd quarter. Barclays PLC now owns 1,019,896 shares of the semiconductor company's stock valued at $54,124,000 after buying an additional 372,301 shares during the period. Finally, UMB Bank n.a. boosted its holdings in Lattice Semiconductor by 67.7% in the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock valued at $37,000 after acquiring an additional 266 shares during the last quarter. 98.08% of the stock is currently owned by institutional investors.

Lattice Semiconductor Stock Performance

Shares of NASDAQ:LSCC traded down $0.79 during midday trading on Monday, hitting $46.64. 1,874,671 shares of the stock were exchanged, compared to its average volume of 2,661,434. The business's 50-day moving average price is $49.22 and its 200 day moving average price is $55.20. The stock has a market capitalization of $6.41 billion, a price-to-earnings ratio of 106.00, a P/E/G ratio of 3.03 and a beta of 1.60. Lattice Semiconductor Co. has a 12 month low of $34.69 and a 12 month high of $78.25.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.22. The firm 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 company's revenue for the quarter was down 14.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.29 earnings per share. As a group, sell-side analysts expect that Lattice Semiconductor Co. will post 0.65 EPS for the current year.

Insider Transactions at Lattice Semiconductor

In other news, SVP Tracy Ann Feanny sold 1,790 shares of the 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 sale, the senior vice president now owns 87,106 shares in the company, valued at $4,926,715.36. This represents a 2.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Robin Ann Abrams sold 10,000 shares of Lattice Semiconductor stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total transaction of $639,700.00. Following the transaction, the director now directly owns 122,538 shares in the company, valued at approximately $7,838,755.86. This represents a 7.55% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,490 shares of company stock worth $777,363. Company insiders own 1.80% of the company's stock.

Wall Street Analysts Forecast Growth

LSCC has been the topic of a number of research reports. Susquehanna upped their target price on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company a "positive" rating in a research report on Tuesday, February 11th. Needham & Company LLC reissued a "buy" rating and issued a $70.00 target price on shares of Lattice Semiconductor in a research note on Tuesday, May 6th. Stifel Nicolaus lifted their price objective on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the stock a "buy" rating in a research note on Tuesday, February 11th. Robert W. Baird increased their price target on Lattice Semiconductor from $42.00 to $50.00 and gave the stock an "outperform" rating in a report on Tuesday, May 6th. Finally, Williams Trading set a $60.00 target price on Lattice Semiconductor in a 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 company's stock. According to MarketBeat, Lattice Semiconductor currently has a consensus rating of "Moderate Buy" and a consensus price target of $63.15.

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.