Gotham Asset Management LLC Acquires 85,609 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Gotham Asset Management LLC raised its holdings in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 197.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 128,918 shares of the semiconductor company's stock after buying an additional 85,609 shares during the period. Gotham Asset Management LLC owned about 0.09% of Lattice Semiconductor worth $7,303,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. UMB Bank n.a. grew its stake in Lattice Semiconductor by 67.7% in the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock valued at $37,000 after buying an additional 266 shares during the last quarter. Arcadia Investment Management Corp MI acquired a new position in Lattice Semiconductor in the 4th quarter valued at about $38,000. Skandinaviska Enskilda Banken AB publ grew its stake in Lattice Semiconductor by 102.7% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company's stock valued at $38,000 after buying an additional 340 shares during the last quarter. Jones Financial Companies Lllp grew its stake in Lattice Semiconductor by 88.1% in the 4th quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company's stock valued at $45,000 after buying an additional 370 shares during the last quarter. Finally, Johnson Financial Group Inc. acquired a new position in Lattice Semiconductor in the 4th quarter valued at about $52,000. Institutional investors own 98.08% of the company's stock.

Lattice Semiconductor Stock Up 0.5%

NASDAQ:LSCC traded up $0.28 during trading hours on Friday, reaching $52.53. The company had a trading volume of 1,471,464 shares, compared to its average volume of 2,629,985. The firm has a market cap of $7.22 billion, a price-to-earnings ratio of 119.39, a P/E/G ratio of 3.03 and a beta of 1.60. The business's 50-day simple moving average is $50.56 and its two-hundred day simple moving average is $55.33. Lattice Semiconductor Co. has a twelve month low of $34.69 and a twelve month high of $78.29.

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. Lattice Semiconductor had a net margin of 12.00% and a return on equity of 11.22%. The firm had revenue of $120.15 million during the quarter, compared to analysts' expectations of $120.09 million. During the same period last year, the company earned $0.29 earnings per share. The business's revenue was down 14.7% on a year-over-year basis. As a group, equities analysts predict that Lattice Semiconductor Co. will post 0.65 earnings per share for the current year.

Analyst Upgrades and Downgrades

LSCC has been the topic of a number of research reports. KeyCorp decreased their price target on shares of Lattice Semiconductor from $75.00 to $70.00 and set an "overweight" rating on the stock in a research note on Tuesday, May 6th. Rosenblatt Securities reaffirmed a "buy" rating and set a $72.00 price target on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Susquehanna increased their price objective on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company a "positive" rating in a research note on Tuesday, February 11th. Raymond James reissued an "outperform" rating and issued a $64.00 price objective (down previously from $66.00) on shares of Lattice Semiconductor in a research note on Tuesday, May 6th. Finally, Stifel Nicolaus raised their price target on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. Two analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company. According to data from MarketBeat, Lattice Semiconductor currently has an average rating of "Moderate Buy" and an average price target of $63.15.

Insider Activity at Lattice Semiconductor

In other Lattice Semiconductor news, Director Elizabeth M. Schwarting sold 700 shares of Lattice Semiconductor 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 sale, the director now owns 8,084 shares of the company's stock, valued at approximately $420,610.52. The trade was a 7.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Robin Ann Abrams sold 10,000 shares of the business'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 completion of the transaction, the director now owns 122,538 shares in the company, valued at approximately $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. Insiders have sold 15,380 shares of company stock valued at $974,722 over the last ninety days. Corporate insiders own 1.80% of the company's stock.

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.