Siemens Fonds Invest GmbH Acquires Shares of 21,336 Lattice Semiconductor Co. (NASDAQ:LSCC)

Siemens Fonds Invest GmbH purchased a new stake in Lattice Semiconductor Co. (NASDAQ:LSCC - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 21,336 shares of the semiconductor company's stock, valued at approximately $1,209,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Sterling Capital Management LLC increased its position in shares of Lattice Semiconductor by 5.7% in the fourth quarter. Sterling Capital Management LLC now owns 3,002 shares of the semiconductor company's stock valued at $170,000 after acquiring an additional 163 shares during the last quarter. Lindbrook Capital LLC boosted its stake in shares of Lattice Semiconductor by 15.3% in the fourth quarter. Lindbrook Capital LLC now owns 1,428 shares of the semiconductor company's stock valued at $81,000 after buying an additional 190 shares during the period. CIBC Asset Management Inc boosted its stake in shares of Lattice Semiconductor by 5.8% in the fourth quarter. CIBC Asset Management Inc now owns 4,235 shares of the semiconductor company's stock valued at $240,000 after buying an additional 231 shares during the period. UMB Bank n.a. boosted its stake in shares of Lattice Semiconductor by 67.7% in the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company's stock valued at $37,000 after buying an additional 266 shares during the period. Finally, Truvestments Capital LLC boosted its stake in shares of Lattice Semiconductor by 6.8% in the fourth quarter. Truvestments Capital LLC now owns 4,295 shares of the semiconductor company's stock valued at $243,000 after buying an additional 274 shares during the period. Institutional investors and hedge funds own 98.08% of the company's stock.

Wall Street Analyst Weigh In

LSCC has been the subject of several recent research reports. Stifel Nicolaus boosted their price target on Lattice Semiconductor from $65.00 to $70.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. Williams Trading set a $60.00 price target on shares of Lattice Semiconductor in a report on Tuesday, May 6th. StockNews.com downgraded Lattice Semiconductor from a "hold" rating to a "sell" rating in a report on Tuesday, March 11th. TD Cowen increased their price objective on Lattice Semiconductor from $50.00 to $58.00 and gave the company a "buy" rating in a report on Tuesday, May 6th. Finally, Susquehanna increased their price objective on Lattice Semiconductor from $70.00 to $75.00 and gave the company a "positive" rating in a report on Tuesday, February 11th. Two analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $63.15.

Lattice Semiconductor Stock Down 0.2%

LSCC traded down $0.10 during trading on Tuesday, reaching $50.36. 2,170,963 shares of the stock traded hands, compared to its average volume of 2,641,347. The stock has a market capitalization of $6.92 billion, a PE ratio of 114.46, a P/E/G ratio of 3.03 and a beta of 1.60. The stock's 50-day moving average is $50.28 and its 200 day moving average is $55.34. Lattice Semiconductor Co. has a 12 month low of $34.69 and a 12 month high of $78.29.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The semiconductor company reported $0.22 EPS for the quarter, meeting analysts' consensus estimates of $0.22. The business had revenue of $120.15 million for the quarter, compared to analysts' expectations of $120.09 million. Lattice Semiconductor had a net margin of 12.00% and a return on equity of 11.22%. The business's quarterly revenue was down 14.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.29 earnings per share. As a group, equities research analysts anticipate that Lattice Semiconductor Co. will post 0.65 EPS for the current year.

Insider Buying and Selling at Lattice Semiconductor

In related news, Director Robin Ann Abrams sold 10,000 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total value of $639,700.00. Following the completion of the sale, the director now directly owns 122,538 shares of the company's stock, valued at approximately $7,838,755.86. This represents a 7.55% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Elizabeth M. Schwarting sold 700 shares of the stock in a transaction on Thursday, May 15th. The shares were 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 of the company's stock, valued at $420,610.52. The trade was a 7.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 12,490 shares of company stock valued at $777,363. 1.80% of the stock is currently 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.