Natixis Cuts Stock Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Natixis reduced its holdings in shares of Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) by 90.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,439 shares of the semiconductor company's stock after selling 14,106 shares during the quarter. Natixis' holdings in Lattice Semiconductor were worth $82,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. UMB Bank n.a. increased its stake in shares of Lattice Semiconductor by 67.7% during the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock worth $37,000 after purchasing an additional 266 shares during the last quarter. Arcadia Investment Management Corp MI purchased a new stake in Lattice Semiconductor in the fourth quarter worth $38,000. Skandinaviska Enskilda Banken AB publ raised its stake in shares of Lattice Semiconductor by 102.7% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company's stock valued at $38,000 after buying an additional 340 shares during the period. Jones Financial Companies Lllp lifted its position in shares of Lattice Semiconductor by 88.1% during the 4th quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company's stock valued at $45,000 after buying an additional 370 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC bought a new position in shares of Lattice Semiconductor during the 4th quarter worth $57,000. Hedge funds and other institutional investors own 98.08% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Susquehanna upped their price objective on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company a "positive" rating in a report on Tuesday, February 11th. KeyCorp upped their price target on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company an "overweight" rating in a research note on Tuesday, February 11th. Loop Capital began coverage on shares of Lattice Semiconductor in a report on Friday, April 4th. They set a "buy" rating and a $85.00 target price on the stock. Stifel Nicolaus raised their price target on Lattice Semiconductor from $65.00 to $70.00 and gave the stock a "buy" rating in a report on Tuesday, February 11th. Finally, Benchmark boosted their price objective on Lattice Semiconductor from $55.00 to $65.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. Two analysts have rated the stock with a sell rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $67.69.

Lattice Semiconductor Price Performance

Shares of NASDAQ:LSCC traded up $0.80 on Thursday, hitting $49.73. The company's stock had a trading volume of 394,859 shares, compared to its average volume of 2,541,413. The company has a market capitalization of $6.84 billion, a PE ratio of 113.36, a PEG ratio of 3.03 and a beta of 1.64. The company has a 50-day simple moving average of $53.00 and a 200 day simple moving average of $55.39. Lattice Semiconductor Co. has a 1 year low of $34.69 and a 1 year high of $78.29.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by ($0.14). Lattice Semiconductor had a net margin of 12.00% and a return on equity of 11.22%. On average, equities research analysts expect that Lattice Semiconductor Co. will post 0.65 earnings per share for the current fiscal year.

Insider Transactions at Lattice Semiconductor

In other Lattice Semiconductor news, Director Robin Ann Abrams sold 10,000 shares of Lattice Semiconductor stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total transaction of $639,700.00. Following the completion of the sale, the director now owns 122,538 shares of the company's stock, valued at $7,838,755.86. The trade was a 7.55 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Pravin Desale sold 2,890 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $68.29, for a total value of $197,358.10. Following the transaction, the senior vice president now owns 93,903 shares in the company, valued at $6,412,635.87. This trade represents a 2.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by insiders.

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.