BNP Paribas Financial Markets Buys 158,541 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

BNP Paribas Financial Markets lifted its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 53.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 455,563 shares of the semiconductor company's stock after acquiring an additional 158,541 shares during the quarter. BNP Paribas Financial Markets owned 0.33% of Lattice Semiconductor worth $31,429,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Skandinaviska Enskilda Banken AB publ lifted its stake in shares of Lattice Semiconductor by 33.2% in the third quarter. Skandinaviska Enskilda Banken AB publ now owns 42,682 shares of the semiconductor company's stock valued at $3,668,000 after purchasing an additional 10,650 shares during the period. DekaBank Deutsche Girozentrale lifted its position in shares of Lattice Semiconductor by 286.0% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 192,390 shares of the semiconductor company's stock valued at $13,571,000 after acquiring an additional 142,543 shares during the period. Amalgamated Bank boosted its stake in shares of Lattice Semiconductor by 8.7% during the 3rd quarter. Amalgamated Bank now owns 107,968 shares of the semiconductor company's stock worth $9,278,000 after acquiring an additional 8,603 shares in the last quarter. South Dakota Investment Council acquired a new stake in shares of Lattice Semiconductor in the 4th quarter worth approximately $1,397,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in Lattice Semiconductor in the 3rd quarter valued at approximately $530,000. 98.08% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 6,318 shares of the stock in a transaction that occurred 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 transaction, the senior vice president now owns 11,908 shares of the company's stock, valued at $894,767.12. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 6,318 shares of the company's stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $75.14, for a total transaction 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 $894,767.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Elizabeth M. Schwarting sold 650 shares of Lattice Semiconductor stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $69.20, for a total value of $44,980.00. Following the completion of the transaction, the director now directly owns 1,920 shares in the company, valued at $132,864. The disclosure for this sale can be found here. Insiders sold a total of 44,391 shares of company stock valued at $3,270,775 in the last 90 days. 1.80% of the stock is currently owned by insiders.

Lattice Semiconductor Price Performance

LSCC stock traded up $1.24 during midday trading on Monday, hitting $70.79. The stock had a trading volume of 973,167 shares, compared to its average volume of 2,119,993. Lattice Semiconductor Co. has a 12-month low of $51.96 and a 12-month high of $98.30. The firm has a market cap of $9.74 billion, a PE ratio of 45.38, a price-to-earnings-growth ratio of 14.49 and a beta of 1.41. The company's 50-day moving average price is $74.75 and its 200 day moving average price is $68.65.

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

Analysts Set New Price Targets

A number of analysts have commented on the company. Benchmark boosted their target price on Lattice Semiconductor from $80.00 to $85.00 and gave the stock a "buy" rating in a research report on Tuesday, April 30th. Robert W. Baird boosted their price objective on shares of Lattice Semiconductor from $60.00 to $70.00 and gave the stock an "outperform" rating in a research report on Tuesday, April 30th. KeyCorp increased their price objective on shares of Lattice Semiconductor from $80.00 to $85.00 and gave the company an "overweight" rating in a research note on Tuesday, February 13th. Jefferies Financial Group restated a "buy" rating and set a $88.00 target price (up previously from $84.00) on shares of Lattice Semiconductor in a research report on Monday. Finally, Susquehanna increased their price target 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. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $82.09.

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.