Wipfli Financial Advisors LLC Purchases New Shares in Lattice Semiconductor Co. (NASDAQ:LSCC)

Wipfli Financial Advisors LLC purchased a new stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCCGet Rating) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 877 shares of the semiconductor company’s stock, valued at approximately $43,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in LSCC. Price T Rowe Associates Inc. MD grew its position in Lattice Semiconductor by 33.9% during the second quarter. Price T Rowe Associates Inc. MD now owns 11,909,504 shares of the semiconductor company’s stock valued at $577,611,000 after buying an additional 3,013,254 shares during the period. Millennium Management LLC lifted its holdings in Lattice Semiconductor by 453.3% during the second quarter. Millennium Management LLC now owns 1,329,526 shares of the semiconductor company’s stock valued at $64,482,000 after purchasing an additional 1,089,216 shares in the last quarter. Robeco Schweiz AG lifted its holdings in Lattice Semiconductor by 96.0% during the first quarter. Robeco Schweiz AG now owns 1,531,000 shares of the semiconductor company’s stock valued at $93,314,000 after purchasing an additional 750,000 shares in the last quarter. UBS Group AG lifted its holdings in Lattice Semiconductor by 246.5% during the second quarter. UBS Group AG now owns 808,171 shares of the semiconductor company’s stock valued at $39,196,000 after purchasing an additional 574,941 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in Lattice Semiconductor by 36.3% during the first quarter. Goldman Sachs Group Inc. now owns 1,899,298 shares of the semiconductor company’s stock valued at $115,762,000 after purchasing an additional 506,212 shares in the last quarter. Institutional investors and hedge funds own 97.09% of the company’s stock.

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Glenn O’rourke sold 949 shares of Lattice Semiconductor stock in a transaction dated Thursday, November 3rd. The shares were sold at an average price of $49.48, for a total transaction of $46,956.52. Following the completion of the sale, the senior vice president now directly owns 32,737 shares in the company, valued at $1,619,826.76. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, SVP Glenn O’rourke sold 949 shares of Lattice Semiconductor stock in a transaction that occurred on Thursday, November 3rd. The shares were sold at an average price of $49.48, for a total value of $46,956.52. Following the completion of the transaction, the senior vice president now owns 32,737 shares in the company, valued at $1,619,826.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO James Robert Anderson sold 26,034 shares of Lattice Semiconductor stock in a transaction that occurred on Monday, December 12th. The shares were sold at an average price of $70.36, for a total transaction of $1,831,752.24. Following the completion of the transaction, the chief executive officer now owns 758,500 shares of the company’s stock, valued at approximately $53,368,060. The disclosure for this sale can be found here. Insiders sold a total of 87,014 shares of company stock worth $5,713,954 over the last three months. Insiders own 1.80% of the company’s stock.

Lattice Semiconductor Price Performance

Shares of LSCC stock opened at $72.62 on Tuesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.09 and a quick ratio of 2.23. The firm’s 50-day moving average is $67.74 and its two-hundred day moving average is $58.68. Lattice Semiconductor Co. has a 12 month low of $43.41 and a 12 month high of $76.47. The company has a market capitalization of $9.95 billion, a PE ratio of 65.42 and a beta of 1.33.

Lattice Semiconductor (NASDAQ:LSCCGet Rating) last announced its quarterly earnings results on Monday, October 31st. The semiconductor company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.02. Lattice Semiconductor had a net margin of 24.83% and a return on equity of 38.63%. The business had revenue of $172.51 million during the quarter, compared to analysts’ expectations of $166.27 million. During the same period last year, the business earned $0.20 earnings per share. The business’s revenue for the quarter was up 30.8% on a year-over-year basis. Analysts predict that Lattice Semiconductor Co. will post 1.37 earnings per share for the current year.

Wall Street Analyst Weigh In

LSCC has been the topic of several recent analyst reports. Craig Hallum decreased their price objective on shares of Lattice Semiconductor from $58.00 to $50.00 and set a “hold” rating on the stock in a report on Tuesday, November 1st. Susquehanna increased their price objective on shares of Lattice Semiconductor from $72.00 to $75.00 and gave the company a “positive” rating in a report on Tuesday, November 15th. William Blair reissued an “outperform” rating on shares of Lattice Semiconductor in a research note on Monday, November 28th. Benchmark decreased their price target on shares of Lattice Semiconductor to $60.00 in a research note on Friday, November 4th. Finally, StockNews.com assumed coverage on shares of Lattice Semiconductor in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $68.00.

About Lattice Semiconductor

(Get Rating)

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.

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

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