Greenhouse Funds LLLP Purchases 743,633 Shares of Lattice Semiconductor Corp (LSCC)
Greenhouse Funds LLLP increased its position in shares of Lattice Semiconductor Corp (NASDAQ:LSCC) by 52.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,154,403 shares of the semiconductor company’s stock after acquiring an additional 743,633 shares during the period. Lattice Semiconductor comprises approximately 3.5% of Greenhouse Funds LLLP’s portfolio, making the stock its 10th biggest holding. Greenhouse Funds LLLP’s holdings in Lattice Semiconductor were worth $12,452,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently made changes to their positions in the company. Goldman Sachs Group Inc. increased its position in Lattice Semiconductor by 446.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 4,925,967 shares of the semiconductor company’s stock worth $28,472,000 after buying an additional 4,025,062 shares during the last quarter. Lion Point Capital LP acquired a new position in Lattice Semiconductor during the fourth quarter worth $16,368,000. OxFORD Asset Management LLP acquired a new position in Lattice Semiconductor during the third quarter worth $9,232,000. Millennium Management LLC increased its position in Lattice Semiconductor by 2,157.5% during the fourth quarter. Millennium Management LLC now owns 1,606,880 shares of the semiconductor company’s stock worth $9,288,000 after buying an additional 1,535,699 shares during the last quarter. Finally, Great West Life Assurance Co. Can increased its position in Lattice Semiconductor by 7,975.8% during the third quarter. Great West Life Assurance Co. Can now owns 846,424 shares of the semiconductor company’s stock worth $4,385,000 after buying an additional 835,943 shares during the last quarter. Institutional investors and hedge funds own 88.53% of the company’s stock.
LSCC has been the topic of several analyst reports. Zacks Investment Research raised shares of Lattice Semiconductor from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. BidaskClub downgraded Lattice Semiconductor from a “hold” rating to a “sell” rating in a research report on Saturday, December 2nd. Finally, ValuEngine downgraded Lattice Semiconductor from a “hold” rating to a “sell” rating in a research report on Sunday, December 31st. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $7.00.
Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings results on Tuesday, February 13th. The semiconductor company reported $0.01 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.02). The business had revenue of $95.27 million during the quarter, compared to analyst estimates of $94.53 million. Lattice Semiconductor had a negative net margin of 18.28% and a positive return on equity of 0.48%. During the same period in the prior year, the business posted $0.10 earnings per share. sell-side analysts predict that Lattice Semiconductor Corp will post 0.22 EPS for the current year.
About Lattice Semiconductor
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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