Vanguard Personalized Indexing Management LLC Raises Stock Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Vanguard Personalized Indexing Management LLC boosted its position in Lattice Semiconductor Co. (NASDAQ:LSCC) by 8.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,317 shares of the semiconductor company’s stock after purchasing an additional 1,496 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Lattice Semiconductor were worth $1,062,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of LSCC. Rise Advisors LLC bought a new position in shares of Lattice Semiconductor in the first quarter worth $30,000. Principal Securities Inc. bought a new position in Lattice Semiconductor in the 4th quarter worth about $31,000. West Oak Capital LLC raised its holdings in shares of Lattice Semiconductor by 220.0% in the 2nd quarter. West Oak Capital LLC now owns 800 shares of the semiconductor company’s stock valued at $46,000 after acquiring an additional 550 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Lattice Semiconductor by 82.4% during the 1st quarter. GAMMA Investing LLC now owns 737 shares of the semiconductor company’s stock valued at $58,000 after acquiring an additional 333 shares during the last quarter. Finally, Blue Trust Inc. grew its holdings in shares of Lattice Semiconductor by 186.5% during the second quarter. Blue Trust Inc. now owns 1,149 shares of the semiconductor company’s stock worth $67,000 after purchasing an additional 748 shares in the last quarter. 98.08% of the stock is owned by institutional investors.

Lattice Semiconductor Stock Performance

Shares of Lattice Semiconductor stock opened at $52.31 on Tuesday. The company’s 50 day moving average price is $49.13 and its 200-day moving average price is $62.41. Lattice Semiconductor Co. has a 52-week low of $40.65 and a 52-week high of $87.64. The stock has a market capitalization of $7.20 billion, a price-to-earnings ratio of 33.53 and a beta of 1.38.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings data on Monday, July 29th. The semiconductor company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). The firm had revenue of $124.08 million during the quarter, compared to analysts’ expectations of $130.17 million. Lattice Semiconductor had a net margin of 30.26% and a return on equity of 23.39%. Lattice Semiconductor’s revenue was down 34.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.40 EPS. As a group, equities research analysts forecast that Lattice Semiconductor Co. will post 0.59 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

LSCC has been the topic of a number of recent analyst reports. KeyCorp lowered their target price on shares of Lattice Semiconductor from $85.00 to $60.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 30th. Rosenblatt Securities reaffirmed a “buy” rating and set a $85.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, July 30th. Raymond James raised Lattice Semiconductor from a “market perform” rating to an “outperform” rating and set a $50.00 target price on the stock in a research note on Thursday, August 8th. Susquehanna lowered their price target on Lattice Semiconductor from $85.00 to $65.00 and set a “positive” rating on the stock in a research report on Tuesday, July 30th. Finally, Stifel Nicolaus upgraded Lattice Semiconductor from a “hold” rating to a “buy” rating and set a $55.00 price objective for the company in a report on Tuesday, September 17th. Two research analysts have rated the stock with a sell rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $63.08.

Insider Buying and Selling at Lattice Semiconductor

In other news, CFO Sherri R. Luther sold 20,632 shares of the business’s stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $48.89, for a total transaction of $1,008,698.48. Following the transaction, the chief financial officer now directly owns 90,341 shares of the company’s stock, valued at $4,416,771.49. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, CFO Sherri R. Luther sold 20,632 shares of Lattice Semiconductor stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $48.89, for a total transaction of $1,008,698.48. Following the sale, the chief financial officer now owns 90,341 shares of the company’s stock, valued at approximately $4,416,771.49. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Mark Jon Nelson sold 1,232 shares of the stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $48.98, for a total transaction of $60,343.36. Following the completion of the transaction, the senior vice president now directly owns 14,919 shares of the company’s stock, valued at $730,732.62. The disclosure for this sale can be found here. 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.