MetLife Investment Management LLC Has $4.70 Million Stock Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

MetLife Investment Management LLC increased its holdings in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 8.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,939 shares of the semiconductor company's stock after buying an additional 6,392 shares during the quarter. MetLife Investment Management LLC owned about 0.06% of Lattice Semiconductor worth $4,698,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in LSCC. UMB Bank n.a. boosted 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 valued at $37,000 after acquiring an additional 266 shares in the last quarter. Arcadia Investment Management Corp MI bought a new position in Lattice Semiconductor during the 4th quarter valued at $38,000. Skandinaviska Enskilda Banken AB publ increased its position in shares of Lattice Semiconductor by 102.7% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company's stock valued at $38,000 after purchasing an additional 340 shares during the period. Jones Financial Companies Lllp raised its stake in shares of Lattice Semiconductor by 88.1% in the 4th quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company's stock worth $45,000 after buying an additional 370 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Lattice Semiconductor in the fourth quarter valued at $57,000. Institutional investors own 98.08% of the company's stock.

Insider Buying and Selling at Lattice Semiconductor

In related news, SVP Pravin Desale sold 2,890 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $68.29, for a total value of $197,358.10. Following the completion of the sale, the senior vice president now owns 93,903 shares in the company, valued at approximately $6,412,635.87. This trade represents a 2.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 value of $639,700.00. Following the transaction, the director now owns 122,538 shares in the company, valued at $7,838,755.86. This represents a 7.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.80% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on LSCC. Needham & Company LLC reaffirmed a "buy" rating and set a $70.00 target price on shares of Lattice Semiconductor in a report on Tuesday, February 11th. Rosenblatt Securities restated a "buy" rating and issued a $85.00 price target on shares of Lattice Semiconductor in a research report on Monday, February 10th. StockNews.com downgraded Lattice Semiconductor from a "hold" rating to a "sell" rating in a research report on Tuesday, March 11th. Loop Capital began coverage on Lattice Semiconductor in a research report on Friday, April 4th. They set a "buy" rating and a $85.00 target price on the stock. Finally, Benchmark boosted their price objective on Lattice Semiconductor from $55.00 to $65.00 and gave the stock a "buy" rating in a report on Tuesday, February 11th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $67.69.

Lattice Semiconductor Stock Up 1.4 %

Shares of NASDAQ:LSCC traded up $0.68 during trading on Wednesday, reaching $48.93. The stock had a trading volume of 1,764,318 shares, compared to its average volume of 2,549,761. The stock has a fifty day simple moving average of $53.00 and a two-hundred day simple moving average of $55.39. The firm has a market capitalization of $6.73 billion, a price-to-earnings ratio of 111.21, a P/E/G ratio of 3.03 and a beta of 1.64. Lattice Semiconductor Co. has a 52 week low of $34.69 and a 52 week high of $78.29.

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

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.