Creative Planning Trims Stock Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Creative Planning trimmed its holdings in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 19.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,116 shares of the semiconductor company’s stock after selling 2,659 shares during the quarter. Creative Planning’s holdings in Lattice Semiconductor were worth $590,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of LSCC. William Blair Investment Management LLC lifted its stake in shares of Lattice Semiconductor by 26.8% during the second quarter. William Blair Investment Management LLC now owns 3,163,064 shares of the semiconductor company’s stock worth $183,426,000 after buying an additional 668,132 shares during the period. Clearbridge Investments LLC increased its holdings in Lattice Semiconductor by 19.3% in the second quarter. Clearbridge Investments LLC now owns 1,822,190 shares of the semiconductor company’s stock valued at $105,669,000 after buying an additional 294,290 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Lattice Semiconductor by 2.2% in the second quarter. Bank of New York Mellon Corp now owns 1,406,836 shares of the semiconductor company’s stock valued at $81,582,000 after buying an additional 30,642 shares in the last quarter. Rokos Capital Management LLP increased its holdings in Lattice Semiconductor by 1,592.8% in the first quarter. Rokos Capital Management LLP now owns 1,212,878 shares of the semiconductor company’s stock valued at $94,896,000 after buying an additional 1,141,230 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Lattice Semiconductor by 63.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,094,289 shares of the semiconductor company’s stock valued at $63,456,000 after buying an additional 426,511 shares in the last quarter. 98.08% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Lattice Semiconductor news, CFO Sherri R. Luther sold 20,632 shares of the stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $48.89, for a total transaction of $1,008,698.48. Following the sale, the chief financial officer now directly owns 90,341 shares in the company, valued at $4,416,771.49. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Lattice Semiconductor news, CFO Sherri R. Luther sold 20,632 shares of the stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $48.89, for a total value of $1,008,698.48. Following the sale, the chief financial officer now directly owns 90,341 shares of the company’s stock, valued at approximately $4,416,771.49. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Mark Jon Nelson sold 1,232 shares of the stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $48.98, for a total transaction of $60,343.36. Following the completion of the sale, the senior vice president now directly owns 14,919 shares in the company, valued at approximately $730,732.62. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.80% of the stock is owned by company insiders.

Lattice Semiconductor Stock Down 0.7 %

Lattice Semiconductor stock opened at $51.89 on Tuesday. The firm has a market cap of $7.15 billion, a PE ratio of 38.15 and a beta of 1.39. Lattice Semiconductor Co. has a 52-week low of $40.65 and a 52-week high of $85.69. The company’s 50 day moving average is $50.15 and its two-hundred day moving average is $57.27.

Analyst Ratings Changes

A number of analysts have recently commented on LSCC shares. Rosenblatt Securities reissued a “buy” rating and set a $85.00 target price on shares of Lattice Semiconductor in a research note on Monday. KeyCorp cut their target price on shares of Lattice Semiconductor from $85.00 to $60.00 and set an “overweight” rating for the company in a research note on Tuesday, July 30th. Benchmark reissued a “buy” rating and set a $60.00 target price on shares of Lattice Semiconductor in a research note on Monday, September 16th. Stifel Nicolaus raised shares of Lattice Semiconductor from a “hold” rating to a “buy” rating and set a $55.00 price objective for the company in a research note on Tuesday, September 17th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $61.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, September 17th. Two research analysts have rated the stock with a sell rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Lattice Semiconductor currently has an average rating of “Moderate Buy” and a consensus price target of $63.08.

About Lattice Semiconductor

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.