5,683 Shares in Lattice Semiconductor Co. (NASDAQ:LSCC) Purchased by Panoramic Capital LLC

Panoramic Capital LLC bought a new stake in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,683 shares of the semiconductor company's stock, valued at approximately $322,000.

A number of other hedge funds have also bought and sold shares of the business. UMB Bank n.a. increased its holdings in 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 acquiring an additional 266 shares during the period. Arcadia Investment Management Corp MI bought a new position in shares of Lattice Semiconductor during the fourth quarter valued at about $38,000. Skandinaviska Enskilda Banken AB publ raised its stake in shares of Lattice Semiconductor by 102.7% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company's stock valued at $38,000 after acquiring an additional 340 shares during the last quarter. Jones Financial Companies Lllp boosted its stake 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 purchasing an additional 370 shares in the last quarter. Finally, Johnson Financial Group Inc. bought a new stake in shares of Lattice Semiconductor during the 4th quarter valued at about $52,000. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Elizabeth M. Schwarting sold 700 shares of the business's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $52.03, for a total value of $36,421.00. Following the completion of the sale, the director now directly owns 8,084 shares in the company, valued at $420,610.52. The trade was a 7.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Pravin Desale sold 2,890 shares of the company's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $68.29, for a total value of $197,358.10. Following the completion of the transaction, the senior vice president now directly owns 93,903 shares of the company's stock, valued at approximately $6,412,635.87. The trade was a 2.99% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 15,380 shares of company stock worth $974,722. Corporate insiders own 1.80% of the company's stock.

Lattice Semiconductor Trading Down 2.9%

LSCC traded down $1.51 during midday trading on Monday, reaching $51.02. The company's stock had a trading volume of 683,567 shares, compared to its average volume of 2,831,529. The stock has a market cap of $7.02 billion, a P/E ratio of 116.04, a PEG ratio of 3.03 and a beta of 1.60. The company has a fifty day simple moving average of $50.44 and a 200 day simple moving average of $55.32. Lattice Semiconductor Co. has a twelve month low of $34.69 and a twelve month high of $78.29.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The semiconductor company reported $0.22 EPS for the quarter, meeting the consensus estimate of $0.22. Lattice Semiconductor had a return on equity of 11.22% and a net margin of 12.00%. The business had revenue of $120.15 million for the quarter, compared to analyst estimates of $120.09 million. During the same quarter in the previous year, the firm earned $0.29 EPS. Lattice Semiconductor's quarterly revenue was down 14.7% on a year-over-year basis. Sell-side analysts expect that Lattice Semiconductor Co. will post 0.65 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Susquehanna upped their target price on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock a "positive" rating in a research note on Tuesday, February 11th. Stifel Nicolaus lifted their price objective on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the stock a "buy" rating in a research note on Tuesday, February 11th. Benchmark restated a "buy" rating and issued a $60.00 target price on shares of Lattice Semiconductor in a report on Tuesday, May 6th. KeyCorp decreased their price objective on shares of Lattice Semiconductor from $75.00 to $70.00 and set an "overweight" rating for the company in a report on Tuesday, May 6th. Finally, Williams Trading set a $60.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, May 6th. Two equities research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, Lattice Semiconductor presently has a consensus rating of "Moderate Buy" and an average price target of $63.15.

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.