Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Sold by Raymond James & Associates

Raymond James & Associates decreased its stake in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 31.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,216 shares of the semiconductor company's stock after selling 18,936 shares during the period. Raymond James & Associates' holdings in Lattice Semiconductor were worth $2,843,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in LSCC. RiverPark Advisors LLC grew its stake in Lattice Semiconductor by 31.2% during the fourth quarter. RiverPark Advisors LLC now owns 821 shares of the semiconductor company's stock worth $57,000 after purchasing an additional 195 shares during the period. Affinity Wealth Management LLC grew its stake in Lattice Semiconductor by 2.8% during the fourth quarter. Affinity Wealth Management LLC now owns 92,947 shares of the semiconductor company's stock worth $6,412,000 after purchasing an additional 2,521 shares during the period. Handelsinvest Investeringsforvaltning bought a new position in Lattice Semiconductor in the fourth quarter worth approximately $332,000. Dfpg Investments LLC bought a new position in Lattice Semiconductor in the fourth quarter worth approximately $215,000. Finally, Harbor Capital Advisors Inc. boosted its holdings in Lattice Semiconductor by 43.3% in the fourth quarter. Harbor Capital Advisors Inc. now owns 13,485 shares of the semiconductor company's stock worth $930,000 after acquiring an additional 4,072 shares in the last quarter. Institutional investors and hedge funds own 98.08% of the company's stock.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Stifel Nicolaus cut their price target on Lattice Semiconductor from $70.00 to $67.00 and set a "hold" rating on the stock in a report on Tuesday, February 13th. Needham & Company LLC reiterated a "buy" rating and issued a $75.00 price target on shares of Lattice Semiconductor in a report on Tuesday, February 13th. KeyCorp increased their price target on Lattice Semiconductor from $80.00 to $85.00 and gave the stock an "overweight" rating in a report on Tuesday, February 13th. Rosenblatt Securities restated a "buy" rating and issued a $85.00 target price on shares of Lattice Semiconductor in a report on Tuesday, February 13th. Finally, Susquehanna dropped their target price on Lattice Semiconductor from $80.00 to $78.00 and set a "positive" rating on the stock in a report on Tuesday, February 13th. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $87.00.

Insiders Place Their Bets

In other news, CFO Sherri R. Luther sold 23,006 shares of Lattice Semiconductor stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $74.78, for a total value of $1,720,388.68. Following the completion of the transaction, the chief financial officer now directly owns 124,116 shares in the company, valued at $9,281,394.48. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, SVP Tracy Ann Feanny sold 6,318 shares of Lattice Semiconductor stock in a transaction 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 completion of the transaction, the senior vice president now directly owns 11,908 shares in the company, valued at $894,767.12. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Sherri R. Luther sold 23,006 shares of Lattice Semiconductor stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $74.78, for a total value of $1,720,388.68. Following the sale, the chief financial officer now directly owns 124,116 shares of the company's stock, valued at approximately $9,281,394.48. The disclosure for this sale can be found here. Insiders sold 43,741 shares of company stock valued at $3,225,795 over the last ninety days. 1.19% of the stock is currently owned by insiders.

Lattice Semiconductor Stock Performance

NASDAQ:LSCC traded down $0.38 during trading hours on Monday, reaching $74.38. The stock had a trading volume of 1,140,107 shares, compared to its average volume of 2,141,561. The stock has a 50 day simple moving average of $75.40 and a 200 day simple moving average of $69.68. Lattice Semiconductor Co. has a 12-month low of $51.96 and a 12-month high of $98.30. The stock has a market cap of $10.23 billion, a P/E ratio of 40.21, a price-to-earnings-growth ratio of 16.87 and a beta of 1.38.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its 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. Lattice Semiconductor had a return on equity of 36.07% and a net margin of 35.14%. The business had revenue of $170.60 million during the quarter, compared to the consensus estimate of $176.15 million. During the same period last year, the business posted $0.38 earnings per share. The business's revenue for the quarter was down 3.0% on a year-over-year basis. On average, equities analysts expect that Lattice Semiconductor Co. will post 0.8 earnings per share for the current fiscal 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.