Nykredit A S bought a new stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 5,146 shares of the semiconductor company’s stock, valued at approximately $787,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. iSAM Funds UK Ltd bought a new position in Lattice Semiconductor in the 3rd quarter worth approximately $25,000. Smartleaf Asset Management LLC boosted its position in shares of Lattice Semiconductor by 462.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 394 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 324 shares during the period. Measured Wealth Private Client Group LLC bought a new stake in shares of Lattice Semiconductor in the third quarter valued at approximately $31,000. Advisory Services Network LLC acquired a new stake in shares of Lattice Semiconductor in the third quarter worth $34,000. Finally, Larson Financial Group LLC increased its position in Lattice Semiconductor by 52.2% during the fourth quarter. Larson Financial Group LLC now owns 589 shares of the semiconductor company’s stock worth $43,000 after acquiring an additional 202 shares during the period. Institutional investors and hedge funds own 98.08% of the company’s stock.
Lattice Semiconductor Price Performance
Shares of LSCC stock opened at $115.90 on Tuesday. The stock has a market cap of $15.88 billion, a P/E ratio of 445.77, a price-to-earnings-growth ratio of 1.76 and a beta of 1.79. Lattice Semiconductor Corporation has a one year low of $60.50 and a one year high of $157.01. The stock has a fifty day moving average price of $126.84 and a 200 day moving average price of $120.69. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.02 and a quick ratio of 2.33.
Analyst Upgrades and Downgrades
Several research firms recently commented on LSCC. KeyCorp upped their target price on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. Needham & Company LLC boosted their price objective on shares of Lattice Semiconductor from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Zacks Research raised shares of Lattice Semiconductor from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Wall Street Zen cut shares of Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 29th. Finally, Jefferies Financial Group lifted their target price on Lattice Semiconductor from $145.00 to $175.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $147.46.
Get Our Latest Research Report on Lattice Semiconductor
Insider Activity
In other news, SVP Esam Elashmawi sold 15,742 shares of Lattice Semiconductor stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $134.77, for a total transaction of $2,121,549.34. Following the sale, the senior vice president directly owned 155,420 shares in the company, valued at approximately $20,945,953.40. The trade was a 9.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 Pravin Desale sold 2,039 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $142.89, for a total transaction of $291,352.71. Following the completion of the sale, the senior vice president directly owned 73,519 shares in the company, valued at approximately $10,505,129.91. The trade was a 2.70% decrease in their position. The SEC filing for this sale provides additional information. 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. In the last three months, insiders have sold 19,661 shares of company stock worth $2,650,590. Corporate insiders own 0.62% of the company’s stock.
Lattice Semiconductor Company 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.
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