Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets raised its position in Lattice Semiconductor Co. (NASDAQ:LSCC) by 28.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 587,444 shares of the semiconductor company’s stock after acquiring an additional 131,881 shares during the quarter. BNP Paribas Financial Markets owned 0.43% of Lattice Semiconductor worth $45,956,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Van ECK Associates Corp raised its position in shares of Lattice Semiconductor by 95.1% in the 4th quarter. Van ECK Associates Corp now owns 357 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 174 shares in the last quarter. Rise Advisors LLC bought a new position in Lattice Semiconductor during the 1st quarter valued at $30,000. American National Bank acquired a new position in Lattice Semiconductor during the 4th quarter worth $28,000. GAMMA Investing LLC bought a new stake in shares of Lattice Semiconductor in the 4th quarter worth about $28,000. Finally, Principal Securities Inc. acquired a new stake in shares of Lattice Semiconductor in the 4th quarter valued at about $31,000. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Insider Activity at Lattice Semiconductor

In related news, Director Elizabeth M. Schwarting sold 650 shares of the stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $69.20, for a total value of $44,980.00. Following the completion of the transaction, the director now owns 1,920 shares in the company, valued at approximately $132,864. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO James Robert Anderson sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of $75.12, for a total transaction of $2,253,600.00. Following the completion of the transaction, the chief executive officer now owns 759,286 shares of the company’s stock, valued at $57,037,564.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Elizabeth M. Schwarting sold 650 shares of the business’s stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $69.20, for a total transaction of $44,980.00. Following the completion of the sale, the director now owns 1,920 shares in the company, valued at $132,864. The disclosure for this sale can be found here. Insiders have sold a total of 49,566 shares of company stock worth $3,664,529 over the last ninety days. 1.19% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on LSCC. Bank of America lifted their price target on Lattice Semiconductor from $75.00 to $83.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 30th. Robert W. Baird boosted their price target on Lattice Semiconductor from $60.00 to $70.00 and gave the company an “outperform” rating in a report on Tuesday, April 30th. Needham & Company LLC restated a “buy” rating and set a $80.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, June 4th. Susquehanna boosted their target price on shares of Lattice Semiconductor from $78.00 to $85.00 and gave the company a “positive” rating in a research note on Tuesday, April 30th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $85.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, April 30th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, Lattice Semiconductor has an average rating of “Moderate Buy” and a consensus price target of $82.09.

Lattice Semiconductor Stock Down 1.7 %

NASDAQ LSCC traded down $1.04 on Friday, hitting $61.33. The stock had a trading volume of 1,391,717 shares, compared to its average volume of 1,889,879. The company’s 50-day moving average is $66.48 and its two-hundred day moving average is $69.96. Lattice Semiconductor Co. has a one year low of $51.96 and a one year high of $98.30. The stock has a market cap of $8.44 billion, a price-to-earnings ratio of 39.31, a P/E/G ratio of 13.57 and a beta of 1.39.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings data on Monday, April 29th. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.03. Lattice Semiconductor had a return on equity of 28.61% and a net margin of 31.42%. The business had revenue of $140.82 million during the quarter, compared to analyst estimates of $140.08 million. On average, sell-side analysts anticipate that Lattice Semiconductor Co. will post 0.68 earnings per share for the current year.

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.