Russell Investments Group Ltd. Has $11.90 Million Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Russell Investments Group Ltd. increased its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCCGet Rating) by 1.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 195,308 shares of the semiconductor company’s stock after acquiring an additional 3,247 shares during the quarter. Russell Investments Group Ltd. owned 0.14% of Lattice Semiconductor worth $11,901,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. CWM LLC increased its stake in Lattice Semiconductor by 338.6% in the 1st quarter. CWM LLC now owns 557 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 430 shares during the period. Parallel Advisors LLC increased its stake in Lattice Semiconductor by 84.6% in the 1st quarter. Parallel Advisors LLC now owns 539 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 247 shares during the period. Prospera Financial Services Inc acquired a new position in Lattice Semiconductor in the 1st quarter valued at approximately $39,000. Covestor Ltd acquired a new position in Lattice Semiconductor in the 4th quarter valued at approximately $44,000. Finally, Rockefeller Capital Management L.P. increased its stake in Lattice Semiconductor by 648.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 748 shares of the semiconductor company’s stock valued at $56,000 after buying an additional 648 shares during the period. Institutional investors and hedge funds own 95.25% of the company’s stock.

Insider Activity at Lattice Semiconductor

In related news, SVP Glenn O’rourke sold 949 shares of the company’s stock in a transaction on Wednesday, August 3rd. The shares were sold at an average price of $63.11, for a total transaction of $59,891.39. Following the completion of the transaction, the senior vice president now directly owns 10,126 shares in the company, valued at approximately $639,051.86. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other news, CFO Sherri R. Luther sold 19,000 shares of the stock in a transaction on Tuesday, May 10th. The shares were sold at an average price of $45.57, for a total value of $865,830.00. Following the completion of the transaction, the chief financial officer now owns 138,951 shares in the company, valued at approximately $6,331,997.07. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Glenn O’rourke sold 949 shares of the stock in a transaction on Wednesday, August 3rd. The shares were sold at an average price of $63.11, for a total transaction of $59,891.39. Following the completion of the transaction, the senior vice president now owns 10,126 shares of the company’s stock, valued at approximately $639,051.86. The disclosure for this sale can be found here. Insiders sold a total of 137,643 shares of company stock worth $6,813,332 in the last ninety days. 1.80% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Cowen boosted their target price on shares of Lattice Semiconductor from $70.00 to $78.00 in a research report on Tuesday. StockNews.com raised shares of Lattice Semiconductor from a “hold” rating to a “buy” rating in a research report on Wednesday, July 13th. Susquehanna boosted their target price on shares of Lattice Semiconductor from $65.00 to $72.00 and gave the stock a “positive” rating in a research report on Tuesday. Cowen boosted their target price on shares of Lattice Semiconductor from $70.00 to $78.00 in a research report on Tuesday. Finally, Susquehanna Bancshares upped their price objective on shares of Lattice Semiconductor from $65.00 to $72.00 and gave the stock a “positive” rating in a report on Tuesday. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $74.88.

Lattice Semiconductor Price Performance

NASDAQ LSCC opened at $64.52 on Friday. The company has a market cap of $8.88 billion, a P/E ratio of 66.52 and a beta of 1.21. Lattice Semiconductor Co. has a 1 year low of $43.41 and a 1 year high of $85.45. The company has a fifty day simple moving average of $52.36 and a 200 day simple moving average of $53.82. The company has a current ratio of 2.96, a quick ratio of 2.30 and a debt-to-equity ratio of 0.30.

Lattice Semiconductor (NASDAQ:LSCCGet Rating) last released its earnings results on Monday, August 1st. The semiconductor company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.40 by $0.02. The firm had revenue of $161.37 million during the quarter, compared to analysts’ expectations of $157.98 million. Lattice Semiconductor had a net margin of 23.20% and a return on equity of 34.11%. The business’s quarterly revenue was up 28.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.15 EPS. On average, sell-side analysts predict that Lattice Semiconductor Co. will post 1.18 EPS for the current year.

Lattice Semiconductor Profile

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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 Certus-NX and ECP, Mach, iCE40, and CrossLink. It also provides video connectivity application specific standard products.

Further Reading

Institutional Ownership by Quarter for Lattice Semiconductor (NASDAQ:LSCC)

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