American Century Companies Inc. Trims Stock Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

American Century Companies Inc. lessened its holdings in Lattice Semiconductor Co. (NASDAQ:LSCC) by 28.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,834,155 shares of the semiconductor company’s stock after selling 727,001 shares during the quarter. American Century Companies Inc. owned approximately 1.33% of Lattice Semiconductor worth $103,905,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. UMB Bank n.a. grew its holdings in shares of Lattice Semiconductor by 67.7% in the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 266 shares during the last quarter. Arcadia Investment Management Corp MI purchased a new stake in Lattice Semiconductor in the 4th quarter valued at about $38,000. Skandinaviska Enskilda Banken AB publ grew its stake in Lattice Semiconductor by 102.7% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 340 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of Lattice Semiconductor by 88.1% during the fourth quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company’s stock worth $45,000 after acquiring an additional 370 shares during the period. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in shares of Lattice Semiconductor during the fourth quarter valued at approximately $57,000. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Insider Buying and Selling

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,890 shares of Lattice Semiconductor stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $68.29, for a total transaction of $197,358.10. Following the completion of the sale, the senior vice president now owns 93,903 shares of the company’s stock, valued at approximately $6,412,635.87. The trade was a 2.99 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Robin Ann Abrams sold 10,000 shares of the stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $63.97, for a total value of $639,700.00. Following the completion of the transaction, the director now directly owns 122,538 shares in the company, valued at $7,838,755.86. This represents a 7.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 14,740 shares of company stock worth $943,026 in the last three months. Corporate insiders own 1.80% of the company’s stock.

Lattice Semiconductor Trading Up 4.5 %

Shares of LSCC stock opened at $63.40 on Tuesday. Lattice Semiconductor Co. has a 12-month low of $40.65 and a 12-month high of $80.13. The business’s fifty day simple moving average is $60.21 and its 200-day simple moving average is $56.21. The company has a market cap of $8.74 billion, a PE ratio of 144.09, a PEG ratio of 3.03 and a beta of 1.43.

Lattice Semiconductor (NASDAQ:LSCC) last announced its earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share (EPS) 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%. On average, equities analysts forecast that Lattice Semiconductor Co. will post 0.65 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Robert W. Baird increased their price objective on Lattice Semiconductor from $44.00 to $68.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 11th. StockNews.com downgraded Lattice Semiconductor from a “hold” rating to a “sell” rating in a research report on Tuesday, March 11th. Susquehanna lifted their price objective on Lattice Semiconductor from $70.00 to $75.00 and gave the company a “positive” rating in a report on Tuesday, February 11th. Rosenblatt Securities reiterated a “buy” rating and set a $85.00 target price on shares of Lattice Semiconductor in a report on Monday, February 10th. Finally, Benchmark boosted their price target on shares of Lattice Semiconductor from $55.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Two research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Lattice Semiconductor presently has an average rating of “Moderate Buy” and an average target price of $66.25.

About Lattice Semiconductor

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.