CENTRAL TRUST Co Sells 465 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

CENTRAL TRUST Co lessened its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 14.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,685 shares of the semiconductor company’s stock after selling 465 shares during the period. CENTRAL TRUST Co’s holdings in Lattice Semiconductor were worth $185,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of LSCC. PNC Financial Services Group Inc. increased its holdings in shares of Lattice Semiconductor by 29.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 7,573 shares of the semiconductor company’s stock worth $462,000 after buying an additional 1,737 shares during the last quarter. Acadian Asset Management LLC bought a new position in shares of Lattice Semiconductor in the 1st quarter worth $122,000. Great West Life Assurance Co. Can increased its holdings in shares of Lattice Semiconductor by 8.1% in the 1st quarter. Great West Life Assurance Co. Can now owns 74,396 shares of the semiconductor company’s stock worth $4,660,000 after buying an additional 5,572 shares during the last quarter. Canada Pension Plan Investment Board increased its holdings in shares of Lattice Semiconductor by 5.6% in the 1st quarter. Canada Pension Plan Investment Board now owns 35,300 shares of the semiconductor company’s stock worth $2,151,000 after buying an additional 1,886 shares during the last quarter. Finally, Allianz Asset Management GmbH bought a new position in shares of Lattice Semiconductor in the 1st quarter worth $6,647,000. Institutional investors own 98.08% of the company’s stock.

Lattice Semiconductor Trading Up 1.0 %

NASDAQ:LSCC opened at $75.73 on Tuesday. The company has a 50-day moving average price of $74.18 and a 200-day moving average price of $69.87. Lattice Semiconductor Co. has a 12 month low of $51.96 and a 12 month high of $98.30. The stock has a market cap of $10.42 billion, a price-to-earnings ratio of 40.94, a P/E/G ratio of 16.92 and a beta of 1.38.

Lattice Semiconductor (NASDAQ:LSCC) last posted its earnings results on Monday, February 12th. The semiconductor company reported $0.45 EPS for the quarter, hitting the consensus estimate of $0.45. Lattice Semiconductor had a net margin of 35.14% and a return on equity of 36.07%. The firm had revenue of $170.60 million during the quarter, compared to analysts’ expectations of $176.15 million. During the same period last year, the company posted $0.38 EPS. The company’s quarterly revenue was down 3.0% compared to the same quarter last year. Equities analysts forecast that Lattice Semiconductor Co. will post 0.8 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on LSCC shares. Stifel Nicolaus cut their price objective on shares of Lattice Semiconductor from $70.00 to $67.00 and set a “hold” rating for the company in a research note on Tuesday, February 13th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $85.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, February 13th. Needham & Company LLC reaffirmed a “buy” rating and issued a $75.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, February 13th. Susquehanna cut their price objective on shares of Lattice Semiconductor from $80.00 to $78.00 and set a “positive” rating for the company in a research note on Tuesday, February 13th. Finally, KeyCorp increased their price target on shares of Lattice Semiconductor from $80.00 to $85.00 and gave the company an “overweight” rating in a research report on Tuesday, February 13th. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $87.00.

Insider Transactions at Lattice Semiconductor

In related news, CFO Sherri R. Luther sold 23,006 shares of the stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $74.78, for a total value of $1,720,388.68. Following the completion of the transaction, the chief financial officer now directly owns 124,116 shares in the company, valued at approximately $9,281,394.48. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, Director Robin Ann Abrams sold 9,324 shares of the stock in a transaction dated Thursday, January 11th. The shares were sold at an average price of $65.96, for a total value of $615,011.04. Following the completion of the transaction, the director now directly owns 820 shares in the company, valued at approximately $54,087.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Sherri R. Luther sold 23,006 shares of the stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $74.78, for a total transaction of $1,720,388.68. Following the completion of the transaction, the chief financial officer now owns 124,116 shares of the company’s stock, valued at $9,281,394.48. The disclosure for this sale can be found here. In the last ninety days, insiders sold 53,065 shares of company stock valued at $3,840,806. Company insiders own 1.19% of the company’s stock.

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.