Sei Investments Co. raised its holdings in Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) by 13.4% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 551,510 shares of the semiconductor company’s stock after acquiring an additional 65,287 shares during the quarter. Sei Investments Co.’s holdings in Lattice Semiconductor were worth $51,158,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of LSCC. HB Wealth Management LLC increased its position in shares of Lattice Semiconductor by 3.7% during the first quarter. HB Wealth Management LLC now owns 3,335 shares of the semiconductor company’s stock worth $309,000 after acquiring an additional 119 shares during the period. Natixis Advisors LLC boosted its holdings in Lattice Semiconductor by 0.5% in the fourth quarter. Natixis Advisors LLC now owns 23,000 shares of the semiconductor company’s stock valued at $1,692,000 after purchasing an additional 120 shares during the period. Harbor Capital Advisors Inc. boosted its holdings in Lattice Semiconductor by 1.2% in the fourth quarter. Harbor Capital Advisors Inc. now owns 12,466 shares of the semiconductor company’s stock valued at $917,000 after purchasing an additional 143 shares during the period. V Square Quantitative Management LLC grew its stake in Lattice Semiconductor by 38.6% during the 1st quarter. V Square Quantitative Management LLC now owns 513 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 143 shares in the last quarter. Finally, Allworth Financial LP grew its stake in Lattice Semiconductor by 45.2% during the 3rd quarter. Allworth Financial LP now owns 501 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 156 shares in the last quarter. Institutional investors and hedge funds own 98.08% of the company’s stock.
Lattice Semiconductor Price Performance
Shares of NASDAQ LSCC opened at $128.42 on Friday. The business has a 50-day moving average of $140.36 and a two-hundred day moving average of $112.77. The company has a market capitalization of $17.59 billion, a price-to-earnings ratio of 917.35, a price-to-earnings-growth ratio of 3.17 and a beta of 1.78. Lattice Semiconductor Corporation has a 1 year low of $46.43 and a 1 year high of $157.01.
Insider Activity at Lattice Semiconductor
In other news, SVP Pravin Desale sold 2,039 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $142.89, for a total value of $291,352.71. Following the completion of the transaction, the senior vice president owned 73,519 shares in the company, valued at approximately $10,505,129.91. This represents a 2.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Tracy Ann Feanny sold 2,740 shares of the stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $151.84, for a total transaction of $416,041.60. Following the completion of the transaction, the senior vice president directly owned 63,084 shares in the company, valued at $9,578,674.56. This trade represents a 4.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 14,080 shares of company stock worth $2,045,078 in the last ninety days. Company insiders own 0.62% of the company’s stock.
Wall Street Analysts Forecast Growth
LSCC has been the topic of several recent research reports. Zacks Research downgraded Lattice Semiconductor from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Lattice Semiconductor in a research note on Friday, July 17th. Royal Bank Of Canada boosted their price objective on Lattice Semiconductor from $118.00 to $140.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Stifel Nicolaus upped their target price on shares of Lattice Semiconductor from $130.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Finally, Jefferies Financial Group lifted their price target on shares of Lattice Semiconductor from $135.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Thirteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $132.29.
Read Our Latest Stock Report on Lattice Semiconductor
Lattice Semiconductor Profile
Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company’s product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice’s solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.
The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.
Featured Stories
- Five stocks we like better than Lattice Semiconductor
- Telecom Earnings Reveal a Sector That Finally Looks Healthier
- Defense Earnings Show Readiness Now and Modernization Ahead
- Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off
- MarketBeat Week in Review – 07/20- 07/24
Want to see what other hedge funds are holding LSCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report).
Receive News & Ratings for Lattice Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lattice Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.
