Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Sold by Invesco Ltd.

Invesco Ltd. trimmed its holdings in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 34.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,117,288 shares of the semiconductor company's stock after selling 588,709 shares during the quarter. Invesco Ltd. owned 0.81% of Lattice Semiconductor worth $63,294,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Lindbrook Capital LLC increased its position in Lattice Semiconductor by 15.3% during the fourth quarter. Lindbrook Capital LLC now owns 1,428 shares of the semiconductor company's stock valued at $81,000 after acquiring an additional 190 shares during the last quarter. Tidal Investments LLC grew its holdings in Lattice Semiconductor by 2.0% during the 3rd quarter. Tidal Investments LLC now owns 11,152 shares of the semiconductor company's stock valued at $592,000 after purchasing an additional 224 shares during the last quarter. CIBC Asset Management Inc lifted its stake in Lattice Semiconductor by 5.8% in the fourth quarter. CIBC Asset Management Inc now owns 4,235 shares of the semiconductor company's stock worth $240,000 after purchasing an additional 231 shares during the last quarter. UMB Bank n.a. raised its holdings in shares of Lattice Semiconductor by 67.7% in the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock worth $37,000 after buying an additional 266 shares during the period. Finally, Truvestments Capital LLC lifted its stake in shares of Lattice Semiconductor by 6.8% during the 4th quarter. Truvestments Capital LLC now owns 4,295 shares of the semiconductor company's stock worth $243,000 after acquiring an additional 274 shares during the last quarter. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

Lattice Semiconductor Trading Down 1.0 %

Shares of NASDAQ:LSCC traded down $0.41 during trading on Friday, reaching $41.18. The stock had a trading volume of 2,605,434 shares, compared to its average volume of 2,557,876. The company has a market capitalization of $5.67 billion, a P/E ratio of 93.59, a PEG ratio of 3.03 and a beta of 1.64. The firm's 50-day simple moving average is $56.04 and its 200 day simple moving average is $55.69. Lattice Semiconductor Co. has a one year low of $34.69 and a one year high of $78.85.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.14). Lattice Semiconductor had a net margin of 12.00% and a return on equity of 11.22%. Equities research analysts forecast that Lattice Semiconductor Co. will post 0.65 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,890 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $68.29, for a total transaction of $197,358.10. Following the completion of the transaction, the senior vice president now directly owns 93,903 shares of the company's stock, valued at approximately $6,412,635.87. This trade represents a 2.99 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Robin Ann Abrams sold 10,000 shares of Lattice Semiconductor stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $63.97, for a total transaction of $639,700.00. Following the sale, the director now owns 122,538 shares of the company's stock, 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. Corporate insiders own 1.19% of the company's stock.

Analyst Ratings Changes

A number of research firms have weighed in on LSCC. Loop Capital started coverage on Lattice Semiconductor in a research note on Friday, April 4th. They issued a "buy" rating and a $85.00 target price on the stock. KeyCorp raised their price target on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 11th. StockNews.com cut shares of Lattice Semiconductor from a "hold" rating to a "sell" rating in a research report on Tuesday, March 11th. Stifel Nicolaus raised their target price on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the stock a "buy" rating in a research report on Tuesday, February 11th. Finally, Susquehanna boosted their price target on Lattice Semiconductor from $70.00 to $75.00 and gave the company a "positive" rating in a report on Tuesday, February 11th. Two research analysts have rated the stock with a sell rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Lattice Semiconductor presently has an average rating of "Moderate Buy" and a consensus target price of $67.69.

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.