Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Acquired by Tidal Investments LLC

Tidal Investments LLC lifted its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 2.0% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 11,152 shares of the semiconductor company’s stock after purchasing an additional 224 shares during the quarter. Tidal Investments LLC’s holdings in Lattice Semiconductor were worth $592,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LSCC. William Blair Investment Management LLC increased its stake in Lattice Semiconductor by 26.8% during the 2nd 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 lifted its position in shares of Lattice Semiconductor by 19.3% during the second quarter. Clearbridge Investments LLC now owns 1,822,190 shares of the semiconductor company’s stock worth $105,669,000 after purchasing an additional 294,290 shares during the last quarter. Bank of New York Mellon Corp grew its stake 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 worth $81,582,000 after purchasing an additional 30,642 shares in the last quarter. 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 during the last quarter. Finally, TD Asset Management Inc raised its stake in Lattice Semiconductor by 5.8% during the second quarter. TD Asset Management Inc now owns 1,050,580 shares of the semiconductor company’s stock valued at $60,923,000 after buying an additional 57,234 shares in the last quarter. Institutional investors and hedge funds own 98.08% of the company’s stock.

Lattice Semiconductor Trading Down 0.7 %

LSCC stock opened at $57.87 on Monday. The firm’s 50-day moving average is $54.99 and its two-hundred day moving average is $53.64. The company has a market capitalization of $7.98 billion, a price-to-earnings ratio of 56.19 and a beta of 1.42. Lattice Semiconductor Co. has a 52 week low of $40.65 and a 52 week high of $85.69.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.24. Lattice Semiconductor had a return on equity of 16.84% and a net margin of 25.48%. The company had revenue of $127.09 million for the quarter, compared to analysts’ expectations of $127.05 million. During the same period last year, the firm earned $0.41 EPS. The firm’s revenue for the quarter was down 33.9% on a year-over-year basis. On average, equities research analysts predict that Lattice Semiconductor Co. will post 0.54 earnings per share for the current year.

Insider Activity

In other news, SVP Pravin Desale sold 1,096 shares of the business’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $62.54, for a total transaction of $68,543.84. Following the sale, the senior vice president now directly owns 365 shares of the company’s stock, valued at $22,827.10. The trade was a 75.02 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Tracy Ann Feanny sold 1,474 shares of the stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $50.86, for a total value of $74,967.64. Following the completion of the transaction, the senior vice president now owns 13,909 shares of the company’s stock, valued at $707,411.74. This trade represents a 9.58 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,172 shares of company stock worth $490,534. Corporate insiders own 1.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on LSCC shares. TD Cowen dropped their price target on Lattice Semiconductor from $60.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Robert W. Baird raised their price target on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 11th. Raymond James lowered their price objective on shares of Lattice Semiconductor from $55.00 to $52.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. Stifel Nicolaus raised their target price on shares of Lattice Semiconductor from $55.00 to $65.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. Finally, Benchmark reaffirmed a “buy” rating and set a $60.00 target price on shares of Lattice Semiconductor in a report on Monday, September 16th. Two equities research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, Lattice Semiconductor currently has a consensus rating of “Moderate Buy” and a consensus target price of $62.00.

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.