Yousif Capital Management LLC Sells 2,224 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Yousif Capital Management LLC cut its holdings in Lattice Semiconductor Co. (NASDAQ:LSCC) by 4.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 48,549 shares of the semiconductor company’s stock after selling 2,224 shares during the period. Yousif Capital Management LLC’s holdings in Lattice Semiconductor were worth $2,750,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. UMB Bank n.a. increased its holdings in Lattice Semiconductor by 67.7% in the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 266 shares in the last quarter. Hollencrest Capital Management acquired a new stake in shares of Lattice Semiconductor during the 3rd quarter worth approximately $53,000. Brooklyn Investment Group bought a new stake in shares of Lattice Semiconductor in the 3rd quarter valued at $89,000. GAMMA Investing LLC lifted its position in shares of Lattice Semiconductor by 257.8% during the 3rd quarter. GAMMA Investing LLC now owns 2,129 shares of the semiconductor company’s stock valued at $113,000 after acquiring an additional 1,534 shares during the period. Finally, Blue Trust Inc. boosted its stake in Lattice Semiconductor by 218.5% during the third quarter. Blue Trust Inc. now owns 3,660 shares of the semiconductor company’s stock worth $212,000 after acquiring an additional 2,511 shares in the last quarter. 98.08% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

LSCC has been the subject of several research analyst reports. Susquehanna lifted their price target on shares of Lattice Semiconductor from $55.00 to $70.00 and gave the company a “positive” rating in a research note on Wednesday, January 22nd. Robert W. Baird boosted their target price on Lattice Semiconductor from $44.00 to $68.00 and gave the company an “outperform” rating in a research report on Wednesday, December 11th. Stifel Nicolaus increased their price target on Lattice Semiconductor from $55.00 to $65.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. Raymond James decreased their price objective on Lattice Semiconductor from $55.00 to $52.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on Lattice Semiconductor from $56.00 to $50.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. One analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, Lattice Semiconductor has an average rating of “Moderate Buy” and a consensus price target of $64.58.

Lattice Semiconductor Stock Down 1.6 %

NASDAQ:LSCC opened at $53.29 on Monday. The stock has a market cap of $7.35 billion, a price-to-earnings ratio of 51.74 and a beta of 1.41. The company’s 50 day moving average price is $57.91 and its 200-day moving average price is $53.00. Lattice Semiconductor Co. has a 52 week low of $40.65 and a 52 week high of $85.69.

Insider Activity

In other Lattice Semiconductor news, SVP Pravin Desale sold 1,096 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $62.54, for a total transaction of $68,543.84. Following the sale, the senior vice president now owns 365 shares in the company, valued at approximately $22,827.10. This trade represents a 75.02 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Tracy Ann Feanny sold 1,474 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $50.86, for a total transaction of $74,967.64. Following the sale, the senior vice president now owns 13,909 shares in the company, valued at $707,411.74. The trade was a 9.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,022 shares of company stock valued at $596,502 over the last three months. Insiders own 1.80% of the company’s stock.

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.