Sei Investments Co. Increases Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Sei Investments Co. boosted its position in Lattice Semiconductor Co. (NASDAQ:LSCCFree Report) by 7.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 687,290 shares of the semiconductor company’s stock after buying an additional 49,704 shares during the period. Sei Investments Co. owned approximately 0.50% of Lattice Semiconductor worth $47,416,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Van ECK Associates Corp boosted its holdings in Lattice Semiconductor by 95.1% in the fourth quarter. Van ECK Associates Corp now owns 357 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 174 shares during the last quarter. RiverPark Advisors LLC raised 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 acquiring an additional 195 shares in the last quarter. State of Michigan Retirement System lifted its holdings in Lattice Semiconductor by 0.6% in 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 acquiring an additional 200 shares during the period. Yousif Capital Management LLC boosted its position in Lattice Semiconductor by 0.4% in the 4th quarter. Yousif Capital Management LLC now owns 64,608 shares of the semiconductor company’s stock worth $4,457,000 after purchasing an additional 230 shares in the last quarter. Finally, Covestor Ltd grew its stake in shares of Lattice Semiconductor by 19.8% during the 3rd quarter. Covestor Ltd now owns 1,576 shares of the semiconductor company’s stock worth $136,000 after purchasing an additional 261 shares during the period. 98.08% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Lattice Semiconductor

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

Lattice Semiconductor Price Performance

Shares of LSCC opened at $61.45 on Tuesday. The company has a market cap of $8.45 billion, a P/E ratio of 39.39, a PEG ratio of 13.22 and a beta of 1.44. Lattice Semiconductor Co. has a 12 month low of $51.96 and a 12 month high of $98.30. The stock has a fifty day moving average price of $71.58 and a 200 day moving average price of $70.41.

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

Wall Street Analyst Weigh In

LSCC has been the topic of a number of recent analyst reports. Susquehanna increased their price target on shares of Lattice Semiconductor from $78.00 to $85.00 and gave the stock a “positive” rating in a report on Tuesday, April 30th. Benchmark lifted their price objective on Lattice Semiconductor from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, April 30th. Stifel Nicolaus cut their price target on shares of Lattice Semiconductor from $70.00 to $67.00 and set a “hold” rating for the company in a report on Tuesday, February 13th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $85.00 target price on shares of Lattice Semiconductor in a research report on Tuesday, April 30th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $88.00 price objective (up from $84.00) on shares of Lattice Semiconductor in a research note on Monday, May 13th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $82.09.

Get Our Latest Stock Report on Lattice Semiconductor

About Lattice Semiconductor

(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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