DekaBank Deutsche Girozentrale Purchases 142,543 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

DekaBank Deutsche Girozentrale increased its position in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 286.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 192,390 shares of the semiconductor company's stock after purchasing an additional 142,543 shares during the quarter. DekaBank Deutsche Girozentrale owned approximately 0.14% of Lattice Semiconductor worth $13,571,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LSCC. William Blair Investment Management LLC bought a new position in Lattice Semiconductor in the third quarter worth $122,597,000. Norges Bank acquired a new position in Lattice Semiconductor during the fourth quarter worth $87,617,000. 1832 Asset Management L.P. raised its stake in Lattice Semiconductor by 707.8% during the first quarter. 1832 Asset Management L.P. now owns 1,028,300 shares of the semiconductor company's stock worth $98,203,000 after acquiring an additional 901,000 shares in the last quarter. FMR LLC raised its stake in Lattice Semiconductor by 5.9% during 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 in the last quarter. Finally, Robeco Schweiz AG raised its stake in Lattice Semiconductor by 96.0% during the first quarter. Robeco Schweiz AG now owns 1,531,000 shares of the semiconductor company's stock worth $93,314,000 after acquiring an additional 750,000 shares in the last quarter. 98.08% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

LSCC has been the subject of several recent analyst reports. Needham & Company LLC reiterated a "buy" rating and set a $75.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, February 13th. Stifel Nicolaus dropped their price objective on Lattice Semiconductor from $70.00 to $67.00 and set a "hold" rating for the company in a research note on Tuesday, February 13th. KeyCorp increased their price objective on Lattice Semiconductor from $80.00 to $85.00 and gave the stock an "overweight" rating in a research note on Tuesday, February 13th. Benchmark increased their price objective on Lattice Semiconductor from $70.00 to $95.00 and gave the stock a "buy" rating in a research note on Tuesday, January 2nd. Finally, Susquehanna lowered their target price on Lattice Semiconductor from $80.00 to $78.00 and set a "positive" rating for the company in a research note on Tuesday, February 13th. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $87.00.

Insiders Place Their Bets

In related news, CFO Sherri R. Luther sold 23,006 shares of the business's stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $74.78, for a total transaction of $1,720,388.68. Following the transaction, the chief financial officer now directly owns 124,116 shares of the company's stock, valued at approximately $9,281,394.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CFO Sherri R. Luther sold 23,006 shares of the business's stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $74.78, for a total transaction of $1,720,388.68. Following the transaction, the chief financial officer now directly owns 124,116 shares of the company's stock, valued at approximately $9,281,394.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 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 in the company, valued at $894,767.12. The disclosure for this sale can be found here. Insiders have sold 53,065 shares of company stock valued at $3,840,806 in the last 90 days. 1.80% of the stock is currently owned by insiders.

Lattice Semiconductor Trading Up 2.4 %

Shares of NASDAQ:LSCC traded up $1.84 during trading on Tuesday, hitting $77.57. 1,247,223 shares of the company were exchanged, compared to its average volume of 2,182,258. The stock has a market cap of $10.67 billion, a price-to-earnings ratio of 41.85, a P/E/G ratio of 16.92 and a beta of 1.38. Lattice Semiconductor Co. has a fifty-two week low of $51.96 and a fifty-two week high of $98.30. The firm has a fifty day moving average price of $74.18 and a two-hundred day moving average price of $69.87.

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