Ellevest Inc. Acquires 4,306 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Ellevest Inc. raised its holdings in Lattice Semiconductor Co. (NASDAQ:LSCC) by 51.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 12,729 shares of the semiconductor company’s stock after buying an additional 4,306 shares during the period. Ellevest Inc.’s holdings in Lattice Semiconductor were worth $721,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Barclays PLC grew its holdings in shares of Lattice Semiconductor by 57.5% in the third quarter. Barclays PLC now owns 1,019,896 shares of the semiconductor company’s stock worth $54,124,000 after purchasing an additional 372,301 shares during the last quarter. Tidal Investments LLC lifted its position in shares of Lattice Semiconductor by 2.0% in the 3rd quarter. Tidal Investments LLC now owns 11,152 shares of the semiconductor company’s stock worth $592,000 after purchasing an additional 224 shares during the period. Oak Thistle LLC purchased a new stake in Lattice Semiconductor during the fourth quarter worth $804,000. Park Avenue Securities LLC boosted its position in Lattice Semiconductor by 19.3% during the fourth quarter. Park Avenue Securities LLC now owns 4,924 shares of the semiconductor company’s stock valued at $279,000 after purchasing an additional 796 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. grew its position in shares of Lattice Semiconductor by 31.6% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 34,040 shares of the semiconductor company’s stock worth $1,928,000 after buying an additional 8,171 shares during the last quarter. Institutional investors own 98.08% of the company’s stock.

Lattice Semiconductor Trading Up 1.0 %

Shares of LSCC stock opened at $49.65 on Friday. Lattice Semiconductor Co. has a twelve month low of $34.69 and a twelve month high of $78.29. The stock has a market cap of $6.83 billion, a P/E ratio of 112.84, a P/E/G ratio of 3.03 and a beta of 1.60. The stock has a 50 day moving average of $51.15 and a 200 day moving average of $55.30.

Lattice Semiconductor (NASDAQ:LSCC) last posted its earnings results on Monday, May 5th. The semiconductor company reported $0.22 earnings per share for the quarter, meeting the consensus estimate of $0.22. Lattice Semiconductor had a net margin of 12.00% and a return on equity of 11.22%. The firm had revenue of $120.15 million during the quarter, compared to analyst estimates of $120.09 million. During the same period in the previous year, the firm earned $0.29 EPS. The business’s quarterly revenue was down 14.7% on a year-over-year basis. On average, research analysts predict that Lattice Semiconductor Co. will post 0.65 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on LSCC. StockNews.com downgraded Lattice Semiconductor from a “hold” rating to a “sell” rating in a report on Tuesday, March 11th. Robert W. Baird lifted their target price on shares of Lattice Semiconductor from $42.00 to $50.00 and gave the stock an “outperform” rating in a research note on Tuesday. Stifel Nicolaus upped their price target on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. KeyCorp lowered their price objective on shares of Lattice Semiconductor from $75.00 to $70.00 and set an “overweight” rating for the company in a research note on Tuesday. Finally, Susquehanna upped their target price on Lattice Semiconductor from $70.00 to $75.00 and gave the company a “positive” rating in a research report on Tuesday, February 11th. Two equities research analysts have rated the stock with a sell rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, Lattice Semiconductor currently has a consensus rating of “Moderate Buy” and an average price target of $64.93.

Insiders Place Their Bets

In other news, SVP Pravin Desale sold 2,890 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $68.29, for a total value of $197,358.10. Following the completion of the sale, the senior vice president now directly owns 93,903 shares in the company, valued at $6,412,635.87. The trade was a 2.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robin Ann Abrams sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total value of $639,700.00. Following the transaction, the director now directly owns 122,538 shares of the company’s stock, valued at approximately $7,838,755.86. The trade was a 7.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.80% of the company’s stock.

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.