Harvest Fund Management Co. Ltd Purchases Shares of 1,261 Lattice Semiconductor Co. (NASDAQ:LSCC)

Harvest Fund Management Co. Ltd acquired a new position in Lattice Semiconductor Co. (NASDAQ:LSCC) in the 4th quarter, HoldingsChannel reports. The firm acquired 1,261 shares of the semiconductor company’s stock, valued at approximately $69,000.

Several other hedge funds also recently modified their holdings of the stock. UMB Bank n.a. raised its position in Lattice Semiconductor by 67.7% in the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock valued at $37,000 after buying an additional 266 shares during the last quarter. Arcadia Investment Management Corp MI purchased a new stake in shares of Lattice Semiconductor in the fourth quarter valued at about $38,000. Skandinaviska Enskilda Banken AB publ lifted its position in shares of Lattice Semiconductor by 102.7% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 340 shares in the last quarter. Jones Financial Companies Lllp grew its position in Lattice Semiconductor by 88.1% in the 4th quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company’s stock worth $45,000 after purchasing an additional 370 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in Lattice Semiconductor in the 4th quarter valued at about $57,000. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Insider Transactions at Lattice Semiconductor

In other Lattice Semiconductor news, Director Robin Ann Abrams sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total value of $639,700.00. Following the sale, the director now owns 122,538 shares of the company’s stock, valued at $7,838,755.86. This trade represents a 7.55 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Mark Jon Nelson sold 1,850 shares of the business’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $57.28, for a total value of $105,968.00. Following the transaction, the senior vice president now directly owns 83,289 shares of the company’s stock, valued at $4,770,793.92. The trade was a 2.17 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 14,740 shares of company stock valued at $943,026. 1.80% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

LSCC has been the subject of several recent analyst reports. Benchmark upped their target price on Lattice Semiconductor from $55.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Robert W. Baird upped their price objective on Lattice Semiconductor from $44.00 to $68.00 and gave the company an “outperform” rating in a research note on Wednesday, December 11th. StockNews.com downgraded shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a report on Tuesday, March 11th. Rosenblatt Securities restated a “buy” rating and set a $85.00 price objective on shares of Lattice Semiconductor in a report on Monday, February 10th. Finally, KeyCorp boosted their target price on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company an “overweight” rating in a research note on Tuesday, February 11th. Two investment analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company. According to MarketBeat, Lattice Semiconductor presently has an average rating of “Moderate Buy” and an average target price of $66.25.

Lattice Semiconductor Trading Up 0.2 %

Lattice Semiconductor stock opened at $60.67 on Monday. The firm has a market capitalization of $8.36 billion, a price-to-earnings ratio of 137.89, a P/E/G ratio of 3.03 and a beta of 1.43. The firm has a 50 day simple moving average of $60.05 and a 200 day simple moving average of $56.07. Lattice Semiconductor Co. has a 1-year low of $40.65 and a 1-year high of $80.13.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings data on Monday, February 10th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.14). Lattice Semiconductor had a net margin of 12.00% and a return on equity of 11.22%. On average, equities research analysts forecast that Lattice Semiconductor Co. will post 0.65 EPS for the current year.

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.