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Frontier Capital Management Co. LLC Boosts Stock Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Lattice Semiconductor logo with Computer and Technology background

Frontier Capital Management Co. LLC increased its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 25.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,236,881 shares of the semiconductor company's stock after purchasing an additional 251,357 shares during the quarter. Frontier Capital Management Co. LLC owned approximately 0.90% of Lattice Semiconductor worth $70,069,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Barclays PLC increased its stake in shares of Lattice Semiconductor by 57.5% during the 3rd quarter. Barclays PLC now owns 1,019,896 shares of the semiconductor company's stock worth $54,124,000 after purchasing an additional 372,301 shares during the last quarter. Tidal Investments LLC increased its stake in Lattice Semiconductor by 2.0% in the 3rd quarter. Tidal Investments LLC now owns 11,152 shares of the semiconductor company's stock worth $592,000 after acquiring an additional 224 shares during the last quarter. GAMMA Investing LLC raised its stake in Lattice Semiconductor by 27.9% in the fourth quarter. GAMMA Investing LLC now owns 2,723 shares of the semiconductor company's stock valued at $154,000 after purchasing an additional 594 shares in the last quarter. Oak Thistle LLC purchased a new stake in shares of Lattice Semiconductor during the 4th quarter valued at $804,000. Finally, Park Avenue Securities LLC lifted its stake in Lattice Semiconductor by 19.3% during the fourth quarter. Park Avenue Securities LLC now owns 4,924 shares of the semiconductor company's stock worth $279,000 after purchasing an additional 796 shares during the last quarter. 98.08% of the stock is owned by institutional investors.

Lattice Semiconductor Stock Up 1.0 %

LSCC traded up $0.47 during midday trading on Friday, reaching $49.65. The company had a trading volume of 2,492,111 shares, compared to its average volume of 2,611,541. Lattice Semiconductor Co. has a 1 year low of $34.69 and a 1 year high of $78.29. The company has a market cap of $6.83 billion, a P/E ratio of 112.84, a P/E/G ratio of 3.03 and a beta of 1.60. The business has a 50-day moving average of $51.15 and a two-hundred day moving average of $55.32.

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, meeting the consensus estimate 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 for the quarter, compared to the consensus estimate of $120.09 million. During the same period in the previous year, the business earned $0.29 earnings per share. The business's revenue was down 14.7% on a year-over-year basis. On average, equities research analysts predict that Lattice Semiconductor Co. will post 0.65 EPS for the current year.

Insider Buying and Selling at Lattice Semiconductor

In other news, SVP Pravin Desale sold 2,890 shares of Lattice Semiconductor stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $68.29, for a total value of $197,358.10. Following the completion of the transaction, the senior vice president now owns 93,903 shares in the company, valued at approximately $6,412,635.87. The trade was a 2.99 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robin Ann Abrams sold 10,000 shares of the company's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $63.97, for a total transaction of $639,700.00. Following the transaction, the director now owns 122,538 shares in the company, valued at $7,838,755.86. The trade was a 7.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Susquehanna boosted their price objective on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock a "positive" rating in a report on Tuesday, February 11th. TD Cowen upped their target price on Lattice Semiconductor from $50.00 to $58.00 and gave the stock a "buy" rating in a report on Tuesday, May 6th. Raymond James reiterated an "outperform" rating and issued a $64.00 price target (down from $66.00) on shares of Lattice Semiconductor in a research note on Tuesday, May 6th. Benchmark reiterated a "buy" rating and set a $60.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, May 6th. Finally, StockNews.com downgraded shares of Lattice Semiconductor from a "hold" rating to a "sell" rating in a research note on Tuesday, March 11th. Two investment analysts have rated the stock with a sell rating and twelve have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $64.93.

Read Our Latest Research Report on Lattice Semiconductor

Lattice Semiconductor Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Lattice Semiconductor (NASDAQ:LSCC)

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