Capital Fund Management S.A. Raises Position in Lattice Semiconductor Corporation (LSCC)
Capital Fund Management S.A. increased its stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) by 124.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 560,571 shares of the semiconductor company’s stock after purchasing an additional 310,616 shares during the period. Capital Fund Management S.A. owned 0.46% of Lattice Semiconductor Corporation worth $3,733,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of LSCC. FMR LLC acquired a new position in Lattice Semiconductor Corporation in the 1st quarter valued at $3,432,000. Vanguard Group Inc. raised its holdings in Lattice Semiconductor Corporation by 5.0% in the 1st quarter. Vanguard Group Inc. now owns 9,748,241 shares of the semiconductor company’s stock valued at $67,458,000 after acquiring an additional 468,555 shares during the last quarter. Menta Capital LLC acquired a new position in Lattice Semiconductor Corporation in the 1st quarter valued at $2,766,000. State of Wisconsin Investment Board raised its holdings in Lattice Semiconductor Corporation by 72.4% in the 2nd quarter. State of Wisconsin Investment Board now owns 926,600 shares of the semiconductor company’s stock valued at $6,171,000 after acquiring an additional 389,232 shares during the last quarter. Finally, PEAK6 Investments L.P. raised its holdings in Lattice Semiconductor Corporation by 1,925.7% in the 1st quarter. PEAK6 Investments L.P. now owns 291,739 shares of the semiconductor company’s stock valued at $2,019,000 after acquiring an additional 277,337 shares during the last quarter. Hedge funds and other institutional investors own 87.15% of the company’s stock.
Lattice Semiconductor Corporation (NASDAQ:LSCC) opened at 5.55 on Wednesday. The firm has a 50-day moving average price of $6.14 and a 200 day moving average price of $6.68. Lattice Semiconductor Corporation has a one year low of $5.51 and a one year high of $7.99. The firm’s market capitalization is $682.49 million.
Lattice Semiconductor Corporation (NASDAQ:LSCC) last posted its quarterly earnings data on Tuesday, August 8th. The semiconductor company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.07). Lattice Semiconductor Corporation had a positive return on equity of 3.95% and a negative net margin of 9.50%. The firm had revenue of $94.14 million during the quarter, compared to analyst estimates of $105.60 million. Equities research analysts anticipate that Lattice Semiconductor Corporation will post $0.13 earnings per share for the current year.
Separately, BidaskClub downgraded Lattice Semiconductor Corporation from a “sell” rating to a “strong sell” rating in a report on Saturday, August 12th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. Lattice Semiconductor Corporation presently has an average rating of “Hold” and an average target price of $8.15.
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Lattice Semiconductor Corporation Company Profile
Lattice Semiconductor Corporation is a United States-based company, which develops semiconductor technologies that it monetizes through products, solutions and licenses. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property (IP) and semiconductor devices, and Qterics, a discrete software-as-a-service business unit in the Lattice legal entity structure.
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