2 weeks Ago By Defense World Staff
Wells Fargo & Company MN trimmed its position in shares of Lattice Semiconductor Co. ( NASDAQ:LSCC – Free Report ) by 65.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The institutional investor owned 105,265 shares of the semiconductor company’s stock after selling 198,263 shares during the period. Wells Fargo & Company MN owned approximately 0.08% of Lattice Semiconductor worth $5,963,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of LSCC. Norges Bank purchased a new position in shares of Lattice Semiconductor in the fourth quarter valued at approximately $88,674,000. TimesSquare Capital Management LLC lifted its holdings in Lattice Semiconductor by 2,923.
4% during the 4th quarter. TimesSquare Capital Management LLC now owns 1,523,545 shares of the semiconductor company’s stock worth $86,309,000 after buying an additional 1,473,154 shares in the last quarter. Raymond James Financial Inc.
purchased a new position in Lattice Semiconductor in the 4th quarter valued at approximately $28,325,000. Barclays PLC grew its stake in shares of Lattice Semiconductor by 57.5% in the third quarter.
Barclays PLC now owns 1,019,896 shares of the semiconductor company’s stock worth $54,124,000 after acquiring an additional 372,301 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Lattice Semiconductor by 1.
6% during the fourth quarter. Vanguard Group Inc. now owns 14,944,397 shares of the semiconductor company’s stock worth $846,600,000 after acquiring an additional 229,820 shares during the period.
98.08% of the stock is currently owned by hedge funds and other institutional investors. Analyst Upgrades and Downgrades LSCC has been the subject of several analyst reports.
KeyCorp boosted their target price on Lattice Semiconductor from $70.00 to $75.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 11th.
Benchmark boosted their price objective on Lattice Semiconductor from $55.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th.
Needham & Company LLC reaffirmed a “buy” rating and issued a $70.00 target price on shares of Lattice Semiconductor in a report on Tuesday, February 11th. StockNews.
com downgraded shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a research report on Tuesday, March 11th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $85.00 price objective on shares of Lattice Semiconductor in a research report on Monday, February 10th.
Two research 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 MarketBeat, Lattice Semiconductor presently has a consensus rating of “Moderate Buy” and an average price target of $67.69.
Insider Transactions at Lattice Semiconductor In other Lattice Semiconductor news, Director Robin Ann Abrams sold 10,000 shares of the business’s stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $63.97, for a total value of $639,700.
00. Following the transaction, the director now directly owns 122,538 shares of the company’s stock, valued at approximately $7,838,755.86.
The trade was a 7.55 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website .
Also, SVP Pravin Desale sold 2,890 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $68.29, for a total transaction of $197,358.
10. Following the completion of the sale, the senior vice president now owns 93,903 shares of the company’s stock, valued at $6,412,635.87.
This trade represents a 2.99 % decrease in their position. The disclosure for this sale can be found here .
Insiders own 1.19% of the company’s stock. Lattice Semiconductor Stock Down 1.
0 % NASDAQ:LSCC opened at $41.18 on Friday. Lattice Semiconductor Co.
has a 52-week low of $34.69 and a 52-week high of $78.85.
The stock’s 50 day moving average price is $56.04 and its 200 day moving average price is $55.71.
The company has a market capitalization of $5.67 billion, a PE ratio of 93.59, a P/E/G ratio of 3.
03 and a beta of 1.64. Lattice Semiconductor ( NASDAQ:LSCC – Get Free Report ) last announced its earnings results on Monday, February 10th.
The semiconductor company reported $0.05 EPS 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%. As a group, sell-side analysts anticipate that Lattice Semiconductor Co. will post 0.
65 EPS for the current fiscal year. Lattice Semiconductor Company Profile ( Free Report ) 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. See Also Five stocks we like better than Lattice Semiconductor How to Effectively Use the MarketBeat Ratings Screener J.B.
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