14,195 Shares in Lattice Semiconductor Co. (NASDAQ:LSCC) Acquired by Oak Thistle LLC

Oak Thistle LLC bought a new stake in Lattice Semiconductor Co. (NASDAQ:LSCCFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 14,195 shares of the semiconductor company’s stock, valued at approximately $804,000.

Several other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC boosted its position in shares of 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 purchasing an additional 594 shares in the last quarter. Oddo BHF Asset Management Sas acquired a new stake in Lattice Semiconductor in the third quarter worth about $789,000. Tidal Investments LLC grew its stake in shares of Lattice Semiconductor by 2.0% during the third quarter. Tidal Investments LLC now owns 11,152 shares of the semiconductor company’s stock worth $592,000 after acquiring an additional 224 shares during the last quarter. Wilmington Savings Fund Society FSB increased its holdings in shares of Lattice Semiconductor by 1.8% during the third quarter. Wilmington Savings Fund Society FSB now owns 41,941 shares of the semiconductor company’s stock valued at $2,226,000 after acquiring an additional 742 shares in the last quarter. Finally, M&T Bank Corp raised its position in shares of Lattice Semiconductor by 54.9% in the 3rd quarter. M&T Bank Corp now owns 7,742 shares of the semiconductor company’s stock valued at $410,000 after purchasing an additional 2,743 shares during the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Lattice Semiconductor Stock Performance

LSCC stock opened at $57.28 on Thursday. Lattice Semiconductor Co. has a one year low of $40.65 and a one year high of $85.69. The firm’s fifty day moving average is $56.72 and its 200 day moving average is $53.39. The firm has a market cap of $7.90 billion, a PE ratio of 55.61 and a beta of 1.41.

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) last announced its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.24 earnings per share for the quarter, meeting the consensus estimate of $0.24. The firm had revenue of $127.09 million during the quarter, compared to analyst estimates of $127.05 million. Lattice Semiconductor had a return on equity of 16.84% and a net margin of 25.48%. Lattice Semiconductor’s revenue for the quarter was down 33.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.41 EPS. Research analysts predict that Lattice Semiconductor Co. will post 0.54 earnings per share for the current fiscal year.

Insider Transactions at Lattice Semiconductor

In other news, SVP Pravin Desale sold 4,387 shares of the business’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $50.01, for a total transaction of $219,393.87. Following the completion of the sale, the senior vice president now owns 365 shares of the company’s stock, valued at $18,253.65. The trade was a 92.32 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Tracy Ann Feanny sold 1,474 shares of the company’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $50.86, for a total transaction of $74,967.64. Following the transaction, the senior vice president now owns 13,909 shares of the company’s stock, valued at approximately $707,411.74. This trade represents a 9.58 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 11,022 shares of company stock valued at $596,502 in the last three months. 1.19% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

LSCC has been the topic of a number of recent analyst reports. Susquehanna cut their price target on shares of Lattice Semiconductor from $65.00 to $55.00 and set a “positive” rating on the stock in a research note on Tuesday, November 5th. Rosenblatt Securities restated a “buy” rating and issued a $85.00 target price on shares of Lattice Semiconductor in a research note on Wednesday, December 11th. KeyCorp dropped their price target on Lattice Semiconductor from $60.00 to $54.00 and set an “overweight” rating on the stock in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft reduced their price objective on Lattice Semiconductor from $56.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Finally, StockNews.com upgraded Lattice Semiconductor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $62.00.

Read Our Latest Research Report on Lattice Semiconductor

Lattice Semiconductor Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Lattice Semiconductor (NASDAQ:LSCC)

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