Amalgamated Bank Has $6.71 Million Stock Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Amalgamated Bank lessened its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 9.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 97,317 shares of the semiconductor company's stock after selling 10,651 shares during the quarter. Amalgamated Bank owned about 0.07% of Lattice Semiconductor worth $6,714,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Van ECK Associates Corp increased its holdings in Lattice Semiconductor by 95.1% in the 4th quarter. Van ECK Associates Corp now owns 357 shares of the semiconductor company's stock valued at $25,000 after purchasing an additional 174 shares during the last quarter. Headlands Technologies LLC acquired a new position in shares of Lattice Semiconductor in the third quarter valued at approximately $26,000. GAMMA Investing LLC acquired a new stake in Lattice Semiconductor during the 4th quarter worth approximately $28,000. Larson Financial Group LLC purchased a new stake in shares of Lattice Semiconductor during the third quarter worth $29,000. Finally, Heritage Wealth Advisors acquired a new stake in shares of Lattice Semiconductor in the third quarter valued at $33,000. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, SVP Tracy Ann Feanny sold 6,318 shares of the 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 sale, the senior vice president now directly owns 11,908 shares in the company, valued at approximately $894,767.12. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, SVP Mark Jon Nelson sold 14,417 shares of the company's stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $71.49, for a total value of $1,030,671.33. Following the sale, the senior vice president now directly owns 28,283 shares of the company's stock, valued at $2,021,951.67. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Tracy Ann Feanny sold 6,318 shares of Lattice Semiconductor stock in a transaction dated 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 owns 11,908 shares of the company's stock, valued at $894,767.12. The disclosure for this sale can be found here. Insiders have sold 43,741 shares of company stock valued at $3,225,795 in the last three months. Corporate insiders own 1.19% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Rosenblatt Securities reaffirmed a "buy" rating and set a $85.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, April 30th. Susquehanna lifted their price objective on shares of Lattice Semiconductor from $78.00 to $85.00 and gave the company a "positive" rating in a research report on Tuesday, April 30th. KeyCorp lifted their price target on Lattice Semiconductor from $80.00 to $85.00 and gave the company an "overweight" rating in a research note on Tuesday, February 13th. Stifel Nicolaus lowered 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. Finally, Bank of America lifted their price target on shares of Lattice Semiconductor from $75.00 to $83.00 and gave the company a "neutral" rating in a research report on Tuesday, April 30th. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $83.36.

Lattice Semiconductor Stock Performance

Lattice Semiconductor stock traded up $0.21 during trading on Monday, reaching $71.13. The company had a trading volume of 1,210,029 shares, compared to its average volume of 2,175,205. The firm has a market capitalization of $9.78 billion, a price-to-earnings ratio of 45.46, a PEG ratio of 14.78 and a beta of 1.41. Lattice Semiconductor Co. has a 12-month low of $51.96 and a 12-month high of $98.30. The stock's 50 day moving average price is $75.42 and its two-hundred day moving average price is $68.70.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its quarterly earnings data on Monday, February 12th. The semiconductor company reported $0.45 EPS for the quarter, hitting analysts' consensus estimates of $0.45. Lattice Semiconductor had a return on equity of 28.61% and a net margin of 31.42%. The business had revenue of $170.60 million during the quarter, compared to the consensus estimate of $176.15 million. During the same period in the prior year, the firm posted $0.38 EPS. The business's revenue for the quarter was down 3.0% on a year-over-year basis. As a group, research analysts expect that Lattice Semiconductor Co. will post 0.71 earnings per share for the current year.

About Lattice Semiconductor

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.