Park Avenue Securities LLC Has $219,000 Stock Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Park Avenue Securities LLC cut its stake in Lattice Semiconductor Co. (NASDAQ:LSCCFree Report) by 27.0% in the third quarter, HoldingsChannel reports. The institutional investor owned 4,128 shares of the semiconductor company’s stock after selling 1,525 shares during the quarter. Park Avenue Securities LLC’s holdings in Lattice Semiconductor were worth $219,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. William Blair Investment Management LLC boosted its stake in shares of Lattice Semiconductor by 26.8% in the 2nd quarter. William Blair Investment Management LLC now owns 3,163,064 shares of the semiconductor company’s stock valued at $183,426,000 after purchasing an additional 668,132 shares in the last quarter. Clearbridge Investments LLC raised its stake in shares of 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 acquiring an additional 294,290 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Lattice Semiconductor by 2.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,406,836 shares of the semiconductor company’s stock worth $81,582,000 after acquiring an additional 30,642 shares in the last quarter. Rokos Capital Management LLP grew its position in Lattice Semiconductor by 1,592.8% during the 1st quarter. Rokos Capital Management LLP now owns 1,212,878 shares of the semiconductor company’s stock worth $94,896,000 after acquiring an additional 1,141,230 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in Lattice Semiconductor by 63.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,094,289 shares of the semiconductor company’s stock valued at $63,456,000 after purchasing an additional 426,511 shares in the last quarter. Institutional investors own 98.08% of the company’s stock.

Insider Buying and Selling

In other news, CFO Sherri R. Luther sold 20,632 shares of the business’s stock in a transaction dated Tuesday, August 20th. The stock was 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 in the company, valued at $4,416,771.49. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CFO Sherri R. Luther sold 20,632 shares of Lattice Semiconductor 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 in the company, valued at $4,416,771.49. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Mark Jon Nelson sold 1,232 shares of the stock in a transaction 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 transaction, the senior vice president now owns 14,919 shares of the company’s stock, valued at $730,732.62. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on LSCC. Stifel Nicolaus raised Lattice Semiconductor from a “hold” rating to a “buy” rating and set a $55.00 price objective on the stock in a research note on Tuesday, September 17th. Rosenblatt Securities reissued a “buy” rating and set a $85.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, July 30th. Benchmark reaffirmed a “buy” rating and issued a $60.00 target price on shares of Lattice Semiconductor in a research note on Monday, September 16th. Susquehanna decreased their price target on shares of Lattice Semiconductor from $85.00 to $65.00 and set a “positive” rating on the stock in a research note on Tuesday, July 30th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Lattice Semiconductor from $82.00 to $56.00 and set a “buy” rating for the company in a research report on Tuesday, July 30th. Two research analysts have rated the stock with a sell rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $63.08.

Get Our Latest Report on Lattice Semiconductor

Lattice Semiconductor Trading Up 0.1 %

NASDAQ:LSCC opened at $52.14 on Tuesday. Lattice Semiconductor Co. has a 1 year low of $40.65 and a 1 year high of $85.69. The stock has a 50-day moving average price of $48.54 and a two-hundred day moving average price of $59.66. The stock has a market cap of $7.17 billion, a price-to-earnings ratio of 33.42 and a beta of 1.39.

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) last announced its earnings results on Monday, July 29th. The semiconductor company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.01). The company had revenue of $124.08 million for the quarter, compared to analyst estimates of $130.17 million. Lattice Semiconductor had a return on equity of 23.39% and a net margin of 30.26%. The business’s quarterly revenue was down 34.7% on a year-over-year basis. During the same quarter last year, the business posted $0.40 earnings per share. Sell-side analysts forecast that Lattice Semiconductor Co. will post 0.59 earnings per share for the current year.

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.

Featured Stories

Want to see what other hedge funds are holding LSCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lattice Semiconductor Co. (NASDAQ:LSCCFree Report).

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

Receive News & Ratings for Lattice Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lattice Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.