KP Management LLC Buys 15,000 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

KP Management LLC grew its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 50.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 45,000 shares of the semiconductor company's stock after buying an additional 15,000 shares during the period. KP Management LLC's holdings in Lattice Semiconductor were worth $2,549,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Sterling Capital Management LLC lifted its stake in Lattice Semiconductor by 5.7% in the 4th quarter. Sterling Capital Management LLC now owns 3,002 shares of the semiconductor company's stock valued at $170,000 after acquiring an additional 163 shares in the last quarter. Lindbrook Capital LLC increased its position in shares of Lattice Semiconductor by 15.3% during the 4th quarter. Lindbrook Capital LLC now owns 1,428 shares of the semiconductor company's stock worth $81,000 after purchasing an additional 190 shares during the last quarter. Tidal Investments LLC increased its position in shares of Lattice Semiconductor by 2.0% during the 3rd quarter. Tidal Investments LLC now owns 11,152 shares of the semiconductor company's stock worth $592,000 after purchasing an additional 224 shares during the last quarter. CIBC Asset Management Inc increased its position in shares of Lattice Semiconductor by 5.8% during the 4th 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. Finally, UMB Bank n.a. increased its position in shares of Lattice Semiconductor by 67.7% during the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock worth $37,000 after purchasing an additional 266 shares during the last quarter. Institutional investors own 98.08% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on LSCC shares. Stifel Nicolaus boosted their price target on Lattice Semiconductor from $65.00 to $70.00 and gave the stock a "buy" rating in a research report on Tuesday, February 11th. Benchmark boosted their target price on Lattice Semiconductor from $55.00 to $65.00 and gave the stock a "buy" rating in a report on Tuesday, February 11th. KeyCorp boosted their target price on Lattice Semiconductor from $70.00 to $75.00 and gave the stock an "overweight" rating in a report on Tuesday, February 11th. Needham & Company LLC reissued a "buy" rating and set a $70.00 target price on shares of Lattice Semiconductor in a report on Tuesday, February 11th. Finally, StockNews.com lowered Lattice Semiconductor from a "hold" rating to a "sell" rating in a report on Tuesday, March 11th. Two research analysts have rated the stock with a sell rating, eleven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Lattice Semiconductor currently has a consensus rating of "Moderate Buy" and an average price target of $67.69.

Lattice Semiconductor Stock Up 1.4 %

NASDAQ:LSCC traded up $0.68 during midday trading on Wednesday, hitting $48.93. The company had a trading volume of 1,764,318 shares, compared to its average volume of 2,549,760. Lattice Semiconductor Co. has a 52-week low of $34.69 and a 52-week high of $78.29. The stock's fifty day moving average price is $53.35 and its 200-day moving average price is $55.43. The company has a market capitalization of $6.73 billion, a PE ratio of 111.21, a P/E/G ratio of 3.03 and a beta of 1.64.

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

Insiders Place Their Bets

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,890 shares of Lattice Semiconductor 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 transaction, the senior vice president now owns 93,903 shares of the company's stock, valued at $6,412,635.87. The trade was a 2.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 transaction, the director now directly owns 122,538 shares in the company, valued at $7,838,755.86. This represents a 7.55 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.80% of the company's stock.

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.