Wellington Management Group LLP Purchases 159,242 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Wellington Management Group LLP raised its holdings in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 42.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 532,111 shares of the semiconductor company's stock after buying an additional 159,242 shares during the quarter. Wellington Management Group LLP owned 0.39% of Lattice Semiconductor worth $30,144,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. US Bancorp DE lifted its position in shares of Lattice Semiconductor by 2.9% in the 4th quarter. US Bancorp DE now owns 28,111 shares of the semiconductor company's stock worth $1,592,000 after acquiring an additional 800 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Lattice Semiconductor by 3.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 939,393 shares of the semiconductor company's stock worth $53,217,000 after acquiring an additional 29,516 shares during the period. Barclays PLC lifted its position 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 worth $54,124,000 after acquiring an additional 372,301 shares during the period. Pacer Advisors Inc. lifted its position in shares of Lattice Semiconductor by 11.6% in the 4th quarter. Pacer Advisors Inc. now owns 51,712 shares of the semiconductor company's stock worth $2,929,000 after acquiring an additional 5,384 shares during the period. Finally, Proficio Capital Partners LLC bought a new stake in shares of Lattice Semiconductor in the 4th quarter worth approximately $834,000. Institutional investors and hedge funds own 98.08% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on LSCC shares. Robert W. Baird raised their price objective on Lattice Semiconductor from $42.00 to $50.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 6th. Wall Street Zen downgraded Lattice Semiconductor from a "hold" rating to a "sell" rating in a research report on Tuesday, March 11th. TD Cowen raised their target price on Lattice Semiconductor from $50.00 to $58.00 and gave the stock a "buy" rating in a research report on Tuesday, May 6th. Williams Trading set a $60.00 target price on Lattice Semiconductor in a research report on Tuesday, May 6th. Finally, Stifel Nicolaus raised their target price on Lattice Semiconductor from $65.00 to $70.00 and gave the stock a "buy" rating in a research report on Tuesday, February 11th. Two investment analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, Lattice Semiconductor has an average rating of "Moderate Buy" and an average price target of $63.15.

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 1,790 shares of the business's stock in a transaction dated Monday, May 12th. The stock was 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 now directly owns 87,106 shares of the company's stock, valued at approximately $4,926,715.36. The trade was a 2.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Elizabeth M. Schwarting sold 700 shares of the business'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 completion of the sale, the director now owns 8,084 shares in the company, valued at approximately $420,610.52. This trade represents a 7.97% 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 Price Performance

Shares of LSCC stock traded down $0.08 on Monday, reaching $44.86. 1,364,562 shares of the stock were exchanged, compared to its average volume of 2,653,848. The stock has a market cap of $6.17 billion, a PE ratio of 101.96, a P/E/G ratio of 3.03 and a beta of 1.60. Lattice Semiconductor Co. has a one year low of $34.69 and a one year high of $70.55. The stock has a 50 day moving average price of $47.65 and a 200 day moving average price of $54.99.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The semiconductor company reported $0.22 EPS for the quarter, hitting analysts' consensus estimates of $0.22. Lattice Semiconductor had a return on equity of 11.22% and a net margin of 12.00%. 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 previous year, the firm earned $0.29 earnings per share. The firm's quarterly revenue was down 14.7% compared to the same quarter last year. On average, research analysts expect that Lattice Semiconductor Co. 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.