Mirae Asset Global Investments Co. Ltd. Sells 1,969 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Mirae Asset Global Investments Co. Ltd. trimmed its holdings in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 1.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 132,564 shares of the semiconductor company’s stock after selling 1,969 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Lattice Semiconductor were worth $9,146,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. FMR LLC increased its stake in Lattice Semiconductor by 5.9% during the 3rd quarter. FMR LLC now owns 14,492,684 shares of the semiconductor company’s stock worth $1,245,356,000 after purchasing an additional 807,562 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Lattice Semiconductor by 3.4% during the 3rd quarter. Vanguard Group Inc. now owns 13,796,609 shares of the semiconductor company’s stock worth $678,932,000 after acquiring an additional 451,263 shares in the last quarter. State Street Corp grew its stake in shares of Lattice Semiconductor by 14.7% during the 2nd quarter. State Street Corp now owns 4,869,235 shares of the semiconductor company’s stock worth $467,787,000 after acquiring an additional 623,216 shares in the last quarter. Invesco Ltd. grew its stake in shares of Lattice Semiconductor by 7.5% during the 3rd quarter. Invesco Ltd. now owns 4,814,478 shares of the semiconductor company’s stock worth $413,708,000 after acquiring an additional 335,564 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in shares of Lattice Semiconductor by 0.6% during the 1st quarter. Geode Capital Management LLC now owns 2,239,693 shares of the semiconductor company’s stock worth $213,891,000 after acquiring an additional 13,651 shares in the last quarter. 98.08% of the stock is owned by institutional investors.

Lattice Semiconductor Price Performance

Shares of Lattice Semiconductor stock opened at $74.76 on Friday. The business has a fifty day simple moving average of $75.14 and a two-hundred day simple moving average of $69.92. Lattice Semiconductor Co. has a 1 year low of $51.96 and a 1 year high of $98.30. The company has a market capitalization of $10.28 billion, a price-to-earnings ratio of 40.41, a P/E/G ratio of 17.52 and a beta of 1.38.

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

Insider Buying and Selling at Lattice Semiconductor

In other news, SVP Mark Jon Nelson sold 14,417 shares of Lattice Semiconductor stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $71.49, for a total transaction of $1,030,671.33. Following the completion of the sale, the senior vice president now owns 28,283 shares of the company’s stock, valued at $2,021,951.67. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, SVP Tracy Ann Feanny sold 6,318 shares of Lattice Semiconductor stock in a transaction on Monday, February 26th. The stock was sold at an average price of $75.14, for a total transaction of $474,734.52. Following the completion of the sale, the senior vice president now owns 11,908 shares of the company’s stock, valued at $894,767.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Mark Jon Nelson sold 14,417 shares of Lattice Semiconductor stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $71.49, for a total value of $1,030,671.33. Following the sale, the senior vice president now directly owns 28,283 shares of the company’s stock, valued at approximately $2,021,951.67. The disclosure for this sale can be found here. Insiders sold 43,741 shares of company stock valued at $3,225,795 in the last quarter. 1.80% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on LSCC shares. Benchmark raised their price target on shares of Lattice Semiconductor from $70.00 to $95.00 and gave the stock a “buy” rating in a research note on Tuesday, January 2nd. Susquehanna cut their price objective on Lattice Semiconductor from $80.00 to $78.00 and set a “positive” rating for the company in a report on Tuesday, February 13th. Rosenblatt Securities reissued a “buy” rating and issued a $85.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, February 13th. KeyCorp increased their price objective on Lattice Semiconductor from $80.00 to $85.00 and gave the company an “overweight” rating in a report on Tuesday, February 13th. Finally, Stifel Nicolaus cut their price objective on Lattice Semiconductor from $70.00 to $67.00 and set a “hold” rating for the company in a report on Tuesday, February 13th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $87.00.

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.