Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Acquired by New York State Common Retirement Fund

New York State Common Retirement Fund grew its stake in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 8.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 746,363 shares of the semiconductor company's stock after purchasing an additional 59,004 shares during the period. New York State Common Retirement Fund owned about 0.54% of Lattice Semiconductor worth $51,492,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. FMR LLC boosted its stake in shares of Lattice Semiconductor by 5.9% in the 3rd quarter. FMR LLC now owns 14,492,684 shares of the semiconductor company's stock valued at $1,245,356,000 after purchasing an additional 807,562 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Lattice Semiconductor by 7.5% in the 3rd quarter. Invesco Ltd. now owns 4,814,478 shares of the semiconductor company's stock valued at $413,708,000 after purchasing an additional 335,564 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Lattice Semiconductor by 7.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,474,497 shares of the semiconductor company's stock valued at $126,703,000 after purchasing an additional 107,100 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Lattice Semiconductor by 0.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,456,888 shares of the semiconductor company's stock worth $125,190,000 after buying an additional 7,844 shares during the period. Finally, William Blair Investment Management LLC acquired a new stake in Lattice Semiconductor during the 3rd quarter worth approximately $122,597,000. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Lattice Semiconductor Price Performance

Shares of NASDAQ:LSCC traded up $3.61 during mid-day trading on Wednesday, hitting $71.58. The company had a trading volume of 2,772,616 shares, compared to its average volume of 2,126,113. The firm has a fifty day moving average price of $75.79 and a 200 day moving average price of $69.07. The company has a market capitalization of $9.85 billion, a PE ratio of 36.74, a price-to-earnings-growth ratio of 14.91 and a beta of 1.38. Lattice Semiconductor Co. has a one year low of $51.96 and a one year high of $98.30.

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

Wall Street Analysts Forecast Growth

LSCC has been the topic of several recent research reports. 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 report on Tuesday, January 2nd. Stifel Nicolaus cut their target price 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. Rosenblatt Securities restated a "buy" rating and issued a $85.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, February 13th. KeyCorp boosted their price target on shares of Lattice Semiconductor from $80.00 to $85.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 13th. Finally, Needham & Company LLC restated a "buy" rating and issued 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 issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $87.00.

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 14,417 shares of the business's stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $71.49, for a total transaction of $1,030,671.33. Following the completion of the sale, the senior vice president now owns 28,283 shares in the company, valued at approximately $2,021,951.67. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 14,417 shares of the business's stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $71.49, for a total transaction of $1,030,671.33. Following the completion of the sale, the senior vice president now owns 28,283 shares in the company, valued at approximately $2,021,951.67. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Tracy Ann Feanny sold 6,318 shares of the business's stock in a transaction on Monday, February 26th. The shares were sold at an average price of $75.14, for a total transaction of $474,734.52. Following the sale, the senior vice president now owns 11,908 shares of the company's stock, valued at approximately $894,767.12. The disclosure for this sale can be found here. In the last 90 days, insiders sold 43,741 shares of company stock worth $3,225,795. 1.19% of the stock is owned by corporate insiders.

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.