APG Asset Management N.V. Purchases 12,417 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

APG Asset Management N.V. boosted its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 27.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 57,006 shares of the semiconductor company’s stock after purchasing an additional 12,417 shares during the quarter. APG Asset Management N.V.’s holdings in Lattice Semiconductor were worth $3,084,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Caxton Associates LP bought a new stake in Lattice Semiconductor during the 2nd quarter worth about $1,450,000. Toronto Dominion Bank grew its position in shares of Lattice Semiconductor by 3.0% during the 2nd quarter. Toronto Dominion Bank now owns 14,372 shares of the semiconductor company’s stock worth $833,000 after buying an additional 422 shares during the period. Fred Alger Management LLC grew its position in shares of Lattice Semiconductor by 8.3% during the 2nd quarter. Fred Alger Management LLC now owns 121,343 shares of the semiconductor company’s stock worth $7,037,000 after buying an additional 9,251 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its position in shares of Lattice Semiconductor by 60.1% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 26,358 shares of the semiconductor company’s stock worth $1,528,000 after buying an additional 9,891 shares during the period. Finally, Bank of Montreal Can grew its position in shares of Lattice Semiconductor by 141.5% during the 2nd quarter. Bank of Montreal Can now owns 39,279 shares of the semiconductor company’s stock worth $2,354,000 after buying an additional 23,016 shares during the period. 98.08% of the stock is owned by institutional investors.

Insider Transactions at Lattice Semiconductor

In other news, SVP Mark Jon Nelson sold 1,232 shares of the company’s stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $48.98, for a total transaction of $60,343.36. Following the sale, the senior vice president now owns 14,919 shares in the company, valued at approximately $730,732.62. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, SVP Mark Jon Nelson sold 1,232 shares of the company’s stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $48.98, for a total transaction of $60,343.36. Following the sale, the senior vice president now owns 14,919 shares in the company, valued at approximately $730,732.62. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Sherri R. Luther sold 20,632 shares of the stock in a transaction 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 completion of the sale, the chief financial officer now owns 90,341 shares in the company, valued at approximately $4,416,771.49. The disclosure for this sale can be found here. Company insiders own 1.80% of the company’s stock.

Lattice Semiconductor Stock Down 1.6 %

NASDAQ:LSCC opened at $53.52 on Monday. Lattice Semiconductor Co. has a twelve month low of $40.65 and a twelve month high of $87.64. The business has a 50 day moving average price of $48.62 and a two-hundred day moving average price of $61.76. The company has a market cap of $7.36 billion, a P/E ratio of 34.31 and a beta of 1.38.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings results on Monday, July 29th. The semiconductor company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). Lattice Semiconductor had a return on equity of 23.39% and a net margin of 30.26%. The firm had revenue of $124.08 million for the quarter, compared to analyst estimates of $130.17 million. During the same period last year, the company earned $0.40 EPS. The company’s revenue was down 34.7% compared to the same quarter last year. As a group, analysts anticipate that Lattice Semiconductor Co. will post 0.59 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. TD Cowen upgraded Lattice Semiconductor to a “strong-buy” rating in a research report on Monday, September 16th. Susquehanna decreased their target price on Lattice Semiconductor from $85.00 to $65.00 and set a “positive” rating for the company in a research report on Tuesday, July 30th. Benchmark restated a “buy” rating and set a $60.00 target price on shares of Lattice Semiconductor in a research report on Monday, September 16th. Bank of America lowered Lattice Semiconductor from a “neutral” rating to an “underperform” rating and decreased their target price for the stock from $83.00 to $47.00 in a research report on Tuesday, July 30th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $61.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, September 17th. Two 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. Based on data from MarketBeat, Lattice Semiconductor presently has an average rating of “Moderate Buy” and a consensus price target of $63.08.

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.