Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Sold by Parallel Advisors LLC

Parallel Advisors LLC lessened its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCCFree Report) by 9.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,922 shares of the semiconductor company’s stock after selling 200 shares during the quarter. Parallel Advisors LLC’s holdings in Lattice Semiconductor were worth $133,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Van ECK Associates Corp grew its position in Lattice Semiconductor by 95.1% during the fourth quarter. Van ECK Associates Corp now owns 357 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 174 shares during the period. RiverPark Advisors LLC grew its position in Lattice Semiconductor by 31.2% during the fourth quarter. RiverPark Advisors LLC now owns 821 shares of the semiconductor company’s stock valued at $57,000 after buying an additional 195 shares during the period. State of Michigan Retirement System grew its position in Lattice Semiconductor by 0.6% during the fourth quarter. State of Michigan Retirement System now owns 33,162 shares of the semiconductor company’s stock valued at $2,288,000 after buying an additional 200 shares during the period. Yousif Capital Management LLC grew its position in Lattice Semiconductor by 0.4% during the fourth quarter. Yousif Capital Management LLC now owns 64,608 shares of the semiconductor company’s stock valued at $4,457,000 after buying an additional 230 shares during the period. Finally, Covestor Ltd grew its position in Lattice Semiconductor by 19.8% during the third quarter. Covestor Ltd now owns 1,576 shares of the semiconductor company’s stock valued at $136,000 after buying an additional 261 shares during the period. Institutional investors and hedge funds own 98.08% of the company’s stock.

Insiders Place Their Bets

In other Lattice Semiconductor news, Director Elizabeth M. Schwarting sold 650 shares of Lattice Semiconductor stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $69.20, for a total transaction of $44,980.00. Following the transaction, the director now directly owns 1,920 shares of the company’s stock, valued at $132,864. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Lattice Semiconductor news, CEO James Robert Anderson sold 30,000 shares of Lattice Semiconductor stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $75.12, for a total transaction of $2,253,600.00. Following the completion of the sale, the chief executive officer now directly owns 759,286 shares in the company, valued at $57,037,564.32. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Elizabeth M. Schwarting sold 650 shares of Lattice Semiconductor stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $69.20, for a total transaction of $44,980.00. Following the sale, the director now owns 1,920 shares of the company’s stock, valued at $132,864. The disclosure for this sale can be found here. Insiders have sold 49,566 shares of company stock valued at $3,664,529 over the last ninety days. Company insiders own 1.19% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on LSCC. Robert W. Baird raised their price target on shares of Lattice Semiconductor from $60.00 to $70.00 and gave the company an “outperform” rating in a research report on Tuesday, April 30th. Susquehanna increased their price objective on shares of Lattice Semiconductor from $78.00 to $85.00 and gave the company a “positive” rating in a report on Tuesday, April 30th. KeyCorp increased their price objective on shares of Lattice Semiconductor from $80.00 to $85.00 and gave the company an “overweight” rating in a report on Tuesday, February 13th. Bank of America increased their price objective on shares of Lattice Semiconductor from $75.00 to $83.00 and gave the company a “neutral” rating in a report on Tuesday, April 30th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $80.00 price objective on shares of Lattice Semiconductor in a report on Tuesday. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $82.09.

Check Out Our Latest Research Report on LSCC

Lattice Semiconductor Trading Down 1.9 %

NASDAQ:LSCC opened at $61.55 on Wednesday. The company’s 50-day moving average price is $72.91 and its 200-day moving average price is $70.31. The company has a market cap of $8.47 billion, a P/E ratio of 39.46, a P/E/G ratio of 13.65 and a beta of 1.44. Lattice Semiconductor Co. has a twelve month low of $51.96 and a twelve month high of $98.30.

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) last posted its quarterly earnings results on Monday, April 29th. The semiconductor company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.03. Lattice Semiconductor had a net margin of 31.42% and a return on equity of 28.61%. The firm had revenue of $140.82 million for the quarter, compared to the consensus estimate of $140.08 million. On average, analysts expect that Lattice Semiconductor Co. will post 0.68 earnings per share for the current year.

Lattice Semiconductor Profile

(Free Report)

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.

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

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