6 days Ago By ABMN Staff
Mariner LLC boosted its holdings in shares of Lattice Semiconductor Co. ( NASDAQ:LSCC – Free Report ) by 12.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.
The firm owned 13,511 shares of the semiconductor company’s stock after purchasing an additional 1,496 shares during the period. Mariner LLC’s holdings in Lattice Semiconductor were worth $765,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business.
Sterling Capital Management LLC lifted its stake in Lattice Semiconductor by 5.7% during the fourth quarter. Sterling Capital Management LLC now owns 3,002 shares of the semiconductor company’s stock worth $170,000 after purchasing an additional 163 shares during the period.
Lindbrook Capital LLC raised 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 acquiring an additional 190 shares during the last quarter.
Tidal Investments LLC raised its stake in shares of Lattice Semiconductor by 2.0% in the third quarter. Tidal Investments LLC now owns 11,152 shares of the semiconductor company’s stock valued at $592,000 after acquiring an additional 224 shares during the last quarter.
CIBC Asset Management Inc raised 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 acquiring an additional 231 shares during the last quarter.
Finally, UMB Bank n.a. raised 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 acquiring an additional 266 shares during the last quarter. Institutional investors own 98.08% of the company’s stock.
Wall Street Analysts Forecast Growth A number of research analysts have recently issued reports on LSCC shares. StockNews.com cut shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a research note on Tuesday, March 11th.
Stifel Nicolaus lifted their target price on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th.
KeyCorp lifted their target price 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.
Rosenblatt Securities reissued a “buy” rating and issued a $85.00 price target on shares of Lattice Semiconductor in a report on Monday, February 10th. Finally, Loop Capital began coverage on shares of Lattice Semiconductor in a report on Friday, April 4th.
They issued a “buy” rating and a $85.00 price target for the company. Two research analysts have rated the stock with a sell rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company.
According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $67.69.
Insider Activity In other 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 completion of the transaction, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink .
Also, SVP Pravin Desale sold 2,890 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $68.29, for a total transaction 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 $6,412,635.87.
This trade represents a 2.99 % decrease in their position. The disclosure for this sale can be found here .
1.80% of the stock is owned by company insiders. Lattice Semiconductor Stock Performance LSCC opened at $48.
96 on Tuesday. The company has a fifty day moving average price of $53.75 and a two-hundred day moving average price of $55.
48. Lattice Semiconductor Co. has a 52 week low of $34.
69 and a 52 week high of $78.85. The firm has a market capitalization of $6.
74 billion, a PE ratio of 111.28, a P/E/G ratio of 3.03 and a beta of 1.
64. Lattice Semiconductor ( NASDAQ:LSCC – Get Free Report ) last released 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 return on equity of 11.22% and a net margin of 12.00%.
Equities analysts forecast that Lattice Semiconductor Co. will post 0.65 EPS for the current 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.
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