Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC grew its position in Lattice Semiconductor Co. (NASDAQ:LSCC) by 27.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 2,723 shares of the semiconductor company’s stock after buying an additional 594 shares during the quarter. GAMMA Investing LLC’s holdings in Lattice Semiconductor were worth $154,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Oddo BHF Asset Management Sas purchased a new position in Lattice Semiconductor in the 3rd quarter valued at $789,000. Tidal Investments LLC lifted 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 worth $592,000 after buying an additional 224 shares in the last quarter. Wilmington Savings Fund Society FSB boosted its position in Lattice Semiconductor by 1.8% during the third quarter. Wilmington Savings Fund Society FSB now owns 41,941 shares of the semiconductor company’s stock worth $2,226,000 after acquiring an additional 742 shares during the last quarter. M&T Bank Corp boosted its position in Lattice Semiconductor by 54.9% during the third quarter. M&T Bank Corp now owns 7,742 shares of the semiconductor company’s stock worth $410,000 after acquiring an additional 2,743 shares during the last quarter. Finally, Barclays PLC grew its stake in Lattice Semiconductor by 57.5% during the 3rd quarter. Barclays PLC now owns 1,019,896 shares of the semiconductor company’s stock valued at $54,124,000 after acquiring an additional 372,301 shares in the last quarter. 98.08% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on LSCC. Susquehanna decreased 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 note on Tuesday, November 5th. Robert W. Baird boosted their price objective on Lattice Semiconductor from $44.00 to $68.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 11th. StockNews.com upgraded Lattice Semiconductor from a “sell” rating to a “hold” rating in a report on Tuesday. Needham & Company LLC lifted their price target on Lattice Semiconductor from $56.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. Finally, TD Cowen dropped their price objective on shares of Lattice Semiconductor from $60.00 to $50.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $62.00.

Lattice Semiconductor Price Performance

Shares of LSCC opened at $55.82 on Thursday. The firm has a 50-day simple moving average of $56.27 and a two-hundred day simple moving average of $53.41. The stock has a market cap of $7.70 billion, a PE ratio of 54.19 and a beta of 1.41. Lattice Semiconductor Co. has a 1-year low of $40.65 and a 1-year high of $85.69.

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

Insider Activity

In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 1,850 shares of the stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $57.92, for a total transaction of $107,152.00. Following the sale, the senior vice president now directly owns 14,279 shares in the company, valued at $827,039.68. This represents a 11.47 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Pravin Desale sold 1,096 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $62.54, for a total transaction of $68,543.84. Following the completion of the transaction, the senior vice president now directly owns 365 shares of the company’s stock, valued at $22,827.10. This represents a 75.02 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,022 shares of company stock valued at $596,502. 1.80% of the stock is currently owned by corporate insiders.

Lattice Semiconductor Profile

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.