Crossmark Global Holdings Inc. reduced its stake in Lattice Semiconductor Co. (NASDAQ:LSCC – Free Report) by 1.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,187 shares of the semiconductor company’s stock after selling 180 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Lattice Semiconductor were worth $521,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in LSCC. Tidal Investments LLC raised its holdings in Lattice Semiconductor by 2.0% during the 3rd quarter. Tidal Investments LLC now owns 11,152 shares of the semiconductor company’s stock worth $592,000 after purchasing an additional 224 shares during the last quarter. UMB Bank n.a. increased its position in shares of Lattice Semiconductor by 67.7% during the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock worth $37,000 after buying an additional 266 shares during the period. HighTower Advisors LLC raised its stake in Lattice Semiconductor by 7.3% during the third quarter. HighTower Advisors LLC now owns 5,141 shares of the semiconductor company’s stock worth $267,000 after buying an additional 348 shares during the last quarter. Financial Advocates Investment Management raised its stake in Lattice Semiconductor by 7.4% during the third quarter. Financial Advocates Investment Management now owns 5,706 shares of the semiconductor company’s stock worth $303,000 after buying an additional 394 shares during the last quarter. Finally, Toronto Dominion Bank lifted its holdings in Lattice Semiconductor by 3.0% in the second quarter. Toronto Dominion Bank now owns 14,372 shares of the semiconductor company’s stock valued at $833,000 after buying an additional 422 shares during the period. 98.08% of the stock is currently owned by institutional investors.
Insider Transactions at Lattice Semiconductor
In related news, SVP Tracy Ann Feanny sold 1,474 shares of the firm’s 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 transaction, the senior vice president now directly owns 13,909 shares of the company’s stock, valued at $707,411.74. This trade represents a 9.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Pravin Desale sold 1,096 shares of the company’s stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $62.54, for a total transaction of $68,543.84. Following the completion of the sale, the senior vice president now directly owns 365 shares of the company’s stock, valued at $22,827.10. The trade was a 75.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,022 shares of company stock valued at $596,502 over the last ninety days. 1.80% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
Read Our Latest Research Report on Lattice Semiconductor
Lattice Semiconductor Trading Down 3.8 %
Shares of LSCC stock opened at $57.26 on Monday. The firm has a fifty day simple moving average of $57.61 and a two-hundred day simple moving average of $53.22. Lattice Semiconductor Co. has a 12 month low of $40.65 and a 12 month high of $85.69. The firm has a market capitalization of $7.90 billion, a PE ratio of 55.59 and a beta of 1.41.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last posted its earnings results on Monday, November 4th. The semiconductor company reported $0.24 EPS for the quarter, hitting the consensus estimate of $0.24. Lattice Semiconductor had a net margin of 25.48% and a return on equity of 16.84%. The company had revenue of $127.09 million during the quarter, compared to the consensus estimate of $127.05 million. During the same period in the previous year, the firm posted $0.41 earnings per share. The firm’s revenue for the quarter was down 33.9% on a year-over-year basis. On average, equities analysts predict that Lattice Semiconductor Co. will post 0.54 earnings per share for the current fiscal year.
Lattice Semiconductor Company 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.
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