B. Metzler seel. Sohn & Co. Holding AG Acquires Shares of 4,924 Lattice Semiconductor Co. (NASDAQ:LSCC)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 4,924 shares of the semiconductor company’s stock, valued at approximately $261,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of LSCC. American National Bank & Trust raised its holdings in Lattice Semiconductor by 5,064.3% during the third quarter. American National Bank & Trust now owns 723 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 709 shares in the last quarter. West Oak Capital LLC raised its stake in Lattice Semiconductor by 220.0% during the 2nd quarter. West Oak Capital LLC now owns 800 shares of the semiconductor company’s stock worth $46,000 after acquiring an additional 550 shares in the last quarter. Hollencrest Capital Management purchased a new stake in Lattice Semiconductor in the third quarter valued at $53,000. Blue Trust Inc. boosted its stake in Lattice Semiconductor by 186.5% in the second quarter. Blue Trust Inc. now owns 1,149 shares of the semiconductor company’s stock valued at $67,000 after acquiring an additional 748 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of Lattice Semiconductor by 35.5% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,553 shares of the semiconductor company’s stock worth $89,000 after purchasing an additional 407 shares during the last quarter. Institutional investors and hedge funds own 98.08% of the company’s stock.

Insider Activity at Lattice Semiconductor

In other news, SVP Pravin Desale sold 4,387 shares of Lattice Semiconductor stock in a transaction on Monday, November 18th. The stock was sold at an average price of $50.01, for a total transaction of $219,393.87. Following the completion of the transaction, the senior vice president now owns 365 shares of the company’s stock, valued at $18,253.65. The trade was a 92.32 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Tracy Ann Feanny sold 1,474 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $50.86, for a total transaction of $74,967.64. Following the completion of the sale, the senior vice president now directly owns 13,909 shares in the company, valued at approximately $707,411.74. The trade was a 9.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.80% of the company’s stock.

Wall Street Analyst Weigh In

LSCC has been the subject of a number of research analyst reports. TD Cowen decreased their target price on Lattice Semiconductor from $60.00 to $50.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Susquehanna lowered their target price on shares of Lattice Semiconductor from $65.00 to $55.00 and set a “positive” rating on the stock in a research report on Tuesday, November 5th. Raymond James cut their target price on shares of Lattice Semiconductor from $55.00 to $52.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. Bank of America cut shares of Lattice Semiconductor from a “neutral” rating to an “underperform” rating and decreased their price target for the stock from $83.00 to $47.00 in a research note on Tuesday, July 30th. Finally, Robert W. Baird dropped their price objective on shares of Lattice Semiconductor from $70.00 to $44.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 5th. Two investment analysts have rated the stock with a sell rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $58.42.

Lattice Semiconductor Trading Up 6.0 %

Shares of LSCC opened at $57.48 on Tuesday. The stock’s 50 day moving average is $52.20 and its two-hundred day moving average is $55.45. Lattice Semiconductor Co. has a twelve month low of $40.65 and a twelve month high of $85.69. The firm has a market capitalization of $7.93 billion, a PE ratio of 56.86 and a beta of 1.39.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.24 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.24. Lattice Semiconductor had a return on equity of 16.84% and a net margin of 25.48%. The firm had revenue of $127.09 million for the quarter, compared to the consensus estimate of $127.05 million. During the same period in the previous year, the business earned $0.41 earnings per share. The company’s revenue for the quarter was down 33.9% compared to the same quarter last year. On average, sell-side analysts predict that Lattice Semiconductor Co. will post 0.54 EPS for the current year.

About Lattice Semiconductor

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.