Janus Henderson Group PLC Purchases 1,195,624 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Janus Henderson Group PLC boosted its position in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 740.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,357,119 shares of the semiconductor company's stock after acquiring an additional 1,195,624 shares during the period. Janus Henderson Group PLC owned 0.98% of Lattice Semiconductor worth $76,843,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. US Bancorp DE raised its holdings in Lattice Semiconductor by 2.9% during the fourth quarter. US Bancorp DE now owns 28,111 shares of the semiconductor company's stock worth $1,592,000 after buying an additional 800 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position 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 worth $53,217,000 after acquiring an additional 29,516 shares in the last quarter. Compass Wealth Management LLC acquired a new stake in shares of Lattice Semiconductor in the 4th quarter worth about $1,324,000. Barclays PLC lifted its position in 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 acquiring an additional 372,301 shares in the last quarter. Finally, UMB Bank n.a. boosted its stake in Lattice Semiconductor by 67.7% during the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock valued at $37,000 after purchasing an additional 266 shares during the last quarter. Institutional investors and hedge funds own 98.08% of the company's stock.

Analyst Ratings Changes

Several research analysts recently issued reports on LSCC shares. Loop Capital cut their target price on Lattice Semiconductor from $85.00 to $75.00 and set a "buy" rating on the stock in a research report on Tuesday, May 6th. Susquehanna lifted 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. Stifel Nicolaus increased their target price on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the company a "buy" rating in a report on Tuesday, February 11th. Needham & Company LLC reissued a "buy" rating and set a $70.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, May 6th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and issued a $72.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, May 6th. Two research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $63.15.

Insider Activity at Lattice Semiconductor

In other news, Director Elizabeth M. Schwarting sold 700 shares of the business's stock in a transaction that occurred on 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 $420,610.52. The trade was a 7.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Tracy Ann Feanny sold 1,790 shares of the company's stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $56.56, for a total transaction of $101,242.40. Following the sale, the senior vice president now owns 87,106 shares in the company, valued at $4,926,715.36. The trade was a 2.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 15,380 shares of company stock worth $974,722. Company insiders own 1.80% of the company's stock.

Lattice Semiconductor Trading Up 0.5%

Shares of NASDAQ:LSCC traded up $0.28 during mid-day trading 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. Lattice Semiconductor Co. has a one year low of $34.69 and a one year high of $78.29. The company's 50-day moving average price is $50.56 and its 200-day moving average price is $55.33. The firm has a market cap of $7.22 billion, a price-to-earnings ratio of 119.39, a PEG ratio of 3.03 and a beta of 1.60.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The semiconductor company reported $0.22 EPS for the quarter, meeting analysts' consensus estimates of $0.22. The firm had revenue of $120.15 million for the quarter, compared to analysts' expectations of $120.09 million. Lattice Semiconductor had a return on equity of 11.22% and a net margin of 12.00%. The business's revenue for the quarter was down 14.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.29 EPS. On average, research analysts anticipate that Lattice Semiconductor Co. will post 0.65 EPS for the current fiscal year.

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.