Jackson Square Partners LLC Increases Stock Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Jackson Square Partners LLC raised its holdings in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 36.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 683,417 shares of the semiconductor company's stock after acquiring an additional 182,554 shares during the period. Lattice Semiconductor makes up 1.5% of Jackson Square Partners LLC's holdings, making the stock its 28th largest position. Jackson Square Partners LLC owned 0.50% of Lattice Semiconductor worth $47,149,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. American National Bank bought a new stake in shares of Lattice Semiconductor in the 4th quarter valued at $28,000. Kingsview Wealth Management LLC increased its holdings in Lattice Semiconductor by 25.7% during the 4th quarter. Kingsview Wealth Management LLC now owns 23,883 shares of the semiconductor company's stock worth $1,648,000 after purchasing an additional 4,887 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Lattice Semiconductor by 3.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 681,919 shares of the semiconductor company's stock worth $47,054,000 after purchasing an additional 25,849 shares in the last quarter. Dana Investment Advisors Inc. increased its holdings in Lattice Semiconductor by 13.3% during the 4th quarter. Dana Investment Advisors Inc. now owns 21,741 shares of the semiconductor company's stock worth $1,500,000 after purchasing an additional 2,548 shares in the last quarter. Finally, AGF Management Ltd. increased its holdings in Lattice Semiconductor by 27.5% during the 4th quarter. AGF Management Ltd. now owns 195,259 shares of the semiconductor company's stock worth $13,471,000 after purchasing an additional 42,159 shares in the last quarter. Institutional investors own 98.08% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on LSCC. KeyCorp increased their target price on Lattice Semiconductor from $80.00 to $85.00 and gave the stock an "overweight" rating in a report on Tuesday, February 13th. Robert W. Baird increased their price objective on shares of Lattice Semiconductor from $60.00 to $70.00 and gave the stock an "outperform" rating in a research note on Tuesday, April 30th. Benchmark increased their price objective on shares of Lattice Semiconductor from $80.00 to $85.00 and gave the stock a "buy" rating in a research note on Tuesday, April 30th. Jefferies Financial Group restated a "buy" rating and set a $88.00 price objective (up from $84.00) on shares of Lattice Semiconductor in a research note on Monday, May 13th. Finally, Bank of America increased their price objective on shares of Lattice Semiconductor from $75.00 to $83.00 and gave the stock a "neutral" rating in a research note on Tuesday, April 30th. Four equities research analysts have rated the stock with a hold rating and nine 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 $82.09.

Lattice Semiconductor Price Performance

NASDAQ:LSCC traded up $1.38 during mid-day trading on Friday, reaching $72.96. The stock had a trading volume of 1,409,527 shares, compared to its average volume of 2,034,502. The stock has a 50-day simple moving average of $74.07 and a two-hundred day simple moving average of $68.75. The stock has a market capitalization of $10.04 billion, a PE ratio of 46.77, a P/E/G ratio of 15.57 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.

Insider Activity at Lattice Semiconductor

In related news, CFO Sherri R. Luther sold 23,006 shares of Lattice Semiconductor stock in a transaction that occurred 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 transaction, the chief financial officer now directly owns 124,116 shares of the company's stock, valued at $9,281,394.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Elizabeth M. Schwarting sold 650 shares of Lattice Semiconductor stock in a transaction on Friday, May 10th. The shares were sold at an average price of $69.20, for a total transaction of $44,980.00. Following the transaction, the director now owns 1,920 shares in the company, valued at $132,864. 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 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 owns 124,116 shares in the company, valued at approximately $9,281,394.48. The disclosure for this sale can be found here. Insiders have sold 44,391 shares of company stock valued at $3,270,775 over the last three months. 1.80% of the stock is owned by 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.