Legal & General Group Plc Sells 22,368 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Legal & General Group Plc cut its holdings in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 8.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 257,240 shares of the semiconductor company's stock after selling 22,368 shares during the period. Legal & General Group Plc owned 0.19% of Lattice Semiconductor worth $14,573,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of LSCC. Lindbrook Capital LLC increased its stake in Lattice Semiconductor by 15.3% in 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 boosted its position in Lattice Semiconductor by 2.0% during the third quarter. Tidal Investments LLC now owns 11,152 shares of the semiconductor company's stock valued at $592,000 after buying an additional 224 shares during the period. CIBC Asset Management Inc increased its holdings in shares of 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 buying an additional 231 shares during the period. UMB Bank n.a. grew its position in 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 acquiring an additional 266 shares during the last quarter. Finally, Truvestments Capital LLC lifted its position in Lattice Semiconductor by 6.8% in the fourth quarter. Truvestments Capital LLC now owns 4,295 shares of the semiconductor company's stock valued at $243,000 after purchasing an additional 274 shares during the last quarter. Hedge funds and other institutional investors own 98.08% of the company's stock.

Insiders Place Their Bets

In related news, Director Robin Ann Abrams sold 10,000 shares of Lattice Semiconductor 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 sale, the director now owns 122,538 shares in the company, valued at $7,838,755.86. This trade represents a 7.55 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Pravin Desale sold 2,890 shares of the company's stock in a transaction dated Tuesday, February 18th. The stock was 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 owns 93,903 shares in the company, valued at $6,412,635.87. This represents a 2.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.19% of the company's stock.

Lattice Semiconductor Trading Down 1.5 %

NASDAQ:LSCC traded down $0.62 during midday trading on Monday, hitting $40.56. 185,328 shares of the company traded hands, compared to its average volume of 2,550,854. The firm has a market capitalization of $5.58 billion, a P/E ratio of 92.18, a P/E/G ratio of 3.03 and a beta of 1.64. The firm's fifty day moving average is $56.04 and its 200-day moving average is $55.74. Lattice Semiconductor Co. has a 12-month low of $34.69 and a 12-month high of $78.85.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its quarterly earnings data on Monday, February 10th. The semiconductor company reported $0.05 earnings per share 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%. On average, research analysts expect that Lattice Semiconductor Co. will post 0.65 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

LSCC has been the topic of several recent research reports. KeyCorp upped their price target on Lattice Semiconductor from $70.00 to $75.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 11th. Rosenblatt Securities reissued a "buy" rating and set a $85.00 price target on shares of Lattice Semiconductor in a research report on Monday, February 10th. Needham & Company LLC reissued a "buy" rating and set a $70.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, February 11th. Susquehanna lifted their target price on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company a "positive" rating in a report on Tuesday, February 11th. Finally, Stifel Nicolaus raised their price objective on Lattice Semiconductor from $65.00 to $70.00 and gave the company a "buy" rating in a research 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 company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $67.69.

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.