Banco Santander S.A. Has $822,000 Stock Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Banco Santander S.A. lifted its stake in Lattice Semiconductor Co. (NASDAQ:LSCC) by 21.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,507 shares of the semiconductor company’s stock after buying an additional 2,517 shares during the period. Banco Santander S.A.’s holdings in Lattice Semiconductor were worth $822,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC raised its stake in Lattice Semiconductor by 40.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,349 shares of the semiconductor company’s stock worth $337,000 after acquiring an additional 1,830 shares in the last quarter. TimesSquare Capital Management LLC acquired a new stake in shares of Lattice Semiconductor during the 3rd quarter worth about $2,674,000. Entropy Technologies LP increased its position in shares of Lattice Semiconductor by 5.6% during the 3rd quarter. Entropy Technologies LP now owns 8,202 shares of the semiconductor company’s stock worth $435,000 after purchasing an additional 434 shares in the last quarter. Oppenheimer Asset Management Inc. increased its position in shares of Lattice Semiconductor by 10.6% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 11,649 shares of the semiconductor company’s stock worth $618,000 after purchasing an additional 1,113 shares in the last quarter. Finally, Pier 88 Investment Partners LLC increased its position in shares of Lattice Semiconductor by 10.3% during the 3rd quarter. Pier 88 Investment Partners LLC now owns 18,955 shares of the semiconductor company’s stock worth $1,006,000 after purchasing an additional 1,767 shares in the last quarter. 98.08% of the stock is owned by institutional investors and hedge funds.

Lattice Semiconductor Price Performance

Shares of LSCC opened at $63.78 on Monday. The firm has a market capitalization of $8.79 billion, a PE ratio of 144.96, a PEG ratio of 3.03 and a beta of 1.43. The company’s 50-day moving average is $59.18 and its 200-day moving average is $55.06. Lattice Semiconductor Co. has a fifty-two week low of $40.65 and a fifty-two week high of $84.40.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings results 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 net margin of 12.00% and a return on equity of 11.22%. Analysts predict that Lattice Semiconductor Co. will post 0.65 earnings per share for the current fiscal year.

Insider Transactions at Lattice Semiconductor

In related news, Director Robin Ann Abrams sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $63.97, for a total transaction 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. This trade represents a 7.55 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Mark Jon Nelson sold 1,850 shares of the business’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $57.28, for a total transaction of $105,968.00. Following the completion of the sale, the senior vice president now directly owns 83,289 shares of the company’s stock, valued at $4,770,793.92. This represents a 2.17 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 15,836 shares of company stock worth $1,011,570. Company insiders own 1.80% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on LSCC. Robert W. Baird raised their price target on Lattice Semiconductor from $44.00 to $68.00 and gave the company an “outperform” rating in a report on Wednesday, December 11th. StockNews.com lowered shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a report on Friday, February 28th. Rosenblatt Securities reissued a “buy” rating and issued a $85.00 target price on shares of Lattice Semiconductor in a research note on Monday, February 10th. Benchmark lifted their target price on Lattice Semiconductor from $55.00 to $65.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $70.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, February 11th. Two research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $66.25.

Lattice Semiconductor 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.