Fiera Capital Corp boosted its holdings in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) by 32.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,044,326 shares of the semiconductor company’s stock after purchasing an additional 256,430 shares during the quarter. Fiera Capital Corp’s holdings in Lattice Semiconductor were worth $76,842,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently added to or reduced their stakes in the company. iSAM Funds UK Ltd bought a new stake in Lattice Semiconductor during the 3rd quarter valued at approximately $25,000. V Square Quantitative Management LLC bought a new stake in Lattice Semiconductor during the 4th quarter valued at approximately $27,000. Measured Wealth Private Client Group LLC bought a new stake in Lattice Semiconductor during the 3rd quarter valued at approximately $31,000. Caitlin John LLC bought a new stake in Lattice Semiconductor during the 3rd quarter valued at approximately $34,000. Finally, Advisory Services Network LLC bought a new stake in Lattice Semiconductor during the 3rd quarter valued at approximately $34,000. Institutional investors own 98.08% of the company’s stock.
Lattice Semiconductor Stock Performance
Shares of LSCC stock opened at $135.57 on Monday. The stock has a 50 day moving average of $120.87 and a two-hundred day moving average of $96.79. Lattice Semiconductor Corporation has a 12 month low of $46.43 and a 12 month high of $155.82. The company has a market capitalization of $18.57 billion, a P/E ratio of 968.43, a P/E/G ratio of 3.37 and a beta of 1.79.
Wall Street Analyst Weigh In
LSCC has been the subject of several recent analyst reports. Royal Bank Of Canada increased their target price on Lattice Semiconductor from $118.00 to $140.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft increased their target price on Lattice Semiconductor from $150.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Jefferies Financial Group raised their price objective on Lattice Semiconductor from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. TD Cowen raised their price objective on Lattice Semiconductor from $125.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Finally, Robert W. Baird raised their price objective on Lattice Semiconductor from $120.00 to $135.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Lattice Semiconductor presently has an average rating of “Buy” and a consensus target price of $130.86.
Read Our Latest Stock Analysis on LSCC
Insider Buying and Selling at Lattice Semiconductor
In related news, SVP Pravin Desale sold 2,366 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $92.41, for a total transaction of $218,642.06. Following the completion of the transaction, the senior vice president owned 80,826 shares in the company, valued at $7,469,130.66. This trade represents a 2.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Elizabeth M. Schwarting sold 3,200 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $124.53, for a total value of $398,496.00. Following the transaction, the director owned 6,636 shares of the company’s stock, valued at $826,381.08. This trade represents a 32.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 17,097 shares of company stock worth $2,224,171 over the last three months. 0.62% of the stock is currently owned by insiders.
About Lattice Semiconductor
Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company’s product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice’s solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.
The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.
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