TriaGen Wealth Management LLC Sells 37,147 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

TriaGen Wealth Management LLC lowered its position in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 71.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 15,100 shares of the semiconductor company's stock after selling 37,147 shares during the quarter. TriaGen Wealth Management LLC's holdings in Lattice Semiconductor were worth $1,042,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in LSCC. FMR LLC boosted its holdings in shares of Lattice Semiconductor by 5.9% in the third quarter. FMR LLC now owns 14,492,684 shares of the semiconductor company's stock worth $1,245,356,000 after acquiring an additional 807,562 shares during the period. Vanguard Group Inc. boosted its position in shares of Lattice Semiconductor by 3.4% in the third quarter. Vanguard Group Inc. now owns 13,796,609 shares of the semiconductor company's stock valued at $678,932,000 after acquiring an additional 451,263 shares during the period. State Street Corp grew its stake in Lattice Semiconductor by 14.7% during the second quarter. State Street Corp now owns 4,869,235 shares of the semiconductor company's stock valued at $467,787,000 after acquiring an additional 623,216 shares in the last quarter. Invesco Ltd. increased its holdings in Lattice Semiconductor by 7.5% during the 3rd quarter. Invesco Ltd. now owns 4,814,478 shares of the semiconductor company's stock worth $413,708,000 after acquiring an additional 335,564 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in Lattice Semiconductor by 0.6% in the 1st quarter. Geode Capital Management LLC now owns 2,239,693 shares of the semiconductor company's stock valued at $213,891,000 after purchasing an additional 13,651 shares during the period. 98.08% of the stock is currently owned by institutional investors.

Lattice Semiconductor Price Performance

NASDAQ LSCC traded down $0.27 during trading hours on Monday, hitting $77.96. The company's stock had a trading volume of 1,114,023 shares, compared to its average volume of 2,258,478. The company's 50 day simple moving average is $73.34 and its two-hundred day simple moving average is $70.24. Lattice Semiconductor Co. has a 12 month low of $51.96 and a 12 month high of $98.30. The company has a market cap of $10.72 billion, a P/E ratio of 42.14, a price-to-earnings-growth ratio of 17.66 and a beta of 1.38.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its quarterly earnings results on Monday, February 12th. The semiconductor company reported $0.45 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.45. The firm had revenue of $170.60 million for the quarter, compared to the consensus estimate of $176.15 million. Lattice Semiconductor had a return on equity of 36.07% and a net margin of 35.14%. The company's revenue for the quarter was down 3.0% on a year-over-year basis. During the same period last year, the business posted $0.38 EPS. As a group, research analysts predict that Lattice Semiconductor Co. will post 0.8 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Tracy Ann Feanny sold 6,318 shares of the business's stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $75.14, for a total value of $474,734.52. Following the transaction, the senior vice president now directly owns 11,908 shares of the company's stock, valued at approximately $894,767.12. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, Director Robin Ann Abrams sold 9,324 shares of Lattice Semiconductor stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $65.96, for a total value of $615,011.04. Following the completion of the transaction, the director now owns 820 shares in the company, valued at $54,087.20. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Tracy Ann Feanny sold 6,318 shares of the business's stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $75.14, for a total value of $474,734.52. Following the transaction, the senior vice president now directly owns 11,908 shares in the company, valued at approximately $894,767.12. The disclosure for this sale can be found here. Insiders have sold 53,065 shares of company stock worth $3,840,806 in the last three months. Company insiders own 1.19% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Stifel Nicolaus lowered their price objective on shares of Lattice Semiconductor from $70.00 to $67.00 and set a "hold" rating on the stock in a research report on Tuesday, February 13th. Susquehanna decreased their price objective on Lattice Semiconductor from $80.00 to $78.00 and set a "positive" rating on the stock in a report on Tuesday, February 13th. KeyCorp increased their price objective on Lattice Semiconductor from $80.00 to $85.00 and gave the company an "overweight" rating in a research note on Tuesday, February 13th. Benchmark lifted their target price on shares of Lattice Semiconductor from $70.00 to $95.00 and gave the stock a "buy" rating in a research note on Tuesday, January 2nd. Finally, Needham & Company LLC reissued a "buy" rating and set a $75.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, February 13th. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $87.00.

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.

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