Arcadia Investment Management Corp MI Invests $38,000 in Lattice Semiconductor Co. (NASDAQ:LSCC)

Arcadia Investment Management Corp MI bought a new stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) during the fourth quarter, Holdings Channel reports. The fund bought 663 shares of the semiconductor company’s stock, valued at approximately $38,000.

Other institutional investors have also recently added to or reduced their stakes in the company. UMB Bank n.a. lifted its holdings in Lattice Semiconductor by 67.7% during the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock valued at $37,000 after purchasing an additional 266 shares in the last quarter. Hollencrest Capital Management purchased a new position in Lattice Semiconductor in the 3rd quarter valued at about $53,000. Brooklyn Investment Group purchased a new position in Lattice Semiconductor in the 3rd quarter valued at about $89,000. GAMMA Investing LLC boosted its holdings in Lattice Semiconductor by 27.9% in the 4th quarter. GAMMA Investing LLC now owns 2,723 shares of the semiconductor company’s stock worth $154,000 after buying an additional 594 shares during the last quarter. Finally, Blue Trust Inc. increased its stake in Lattice Semiconductor by 218.5% during the 3rd quarter. Blue Trust Inc. now owns 3,660 shares of the semiconductor company’s stock worth $212,000 after buying an additional 2,511 shares in the last quarter. Institutional investors and hedge funds own 98.08% of the company’s stock.

Lattice Semiconductor Price Performance

Lattice Semiconductor stock opened at $66.75 on Friday. The stock has a market cap of $9.20 billion, a price-to-earnings ratio of 151.71, a price-to-earnings-growth ratio of 3.07 and a beta of 1.41. The firm has a 50 day simple moving average of $58.59 and a 200-day simple moving average of $53.71. Lattice Semiconductor Co. has a 1-year low of $40.65 and a 1-year high of $85.69.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings data on Monday, February 10th. The semiconductor company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.14). Lattice Semiconductor had a return on equity of 11.22% and a net margin of 12.00%. Equities analysts expect that Lattice Semiconductor Co. will post 0.65 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently weighed in on LSCC. Deutsche Bank Aktiengesellschaft decreased their target price on Lattice Semiconductor from $56.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Stifel Nicolaus lifted their target price on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday, February 11th. Needham & Company LLC reaffirmed a “buy” rating and set a $70.00 target price on shares of Lattice Semiconductor in a report on Tuesday, February 11th. Susquehanna raised their price target on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock a “positive” rating in a research note on Tuesday, February 11th. Finally, StockNews.com raised shares of Lattice Semiconductor from a “sell” rating to a “hold” rating in a research note on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $66.25.

Insider Transactions at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 1,850 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $57.28, for a total value of $105,968.00. Following the sale, the senior vice president now owns 83,289 shares of the company’s stock, valued at $4,770,793.92. The trade was a 2.17 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Pravin Desale sold 2,890 shares of the company’s stock in a transaction 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 transaction, the senior vice president now owns 93,903 shares in the company, valued at $6,412,635.87. This trade represents a 2.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,051 shares of company stock worth $499,498. 1.80% of the stock is currently owned by company insiders.

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.