Westwood Holdings Group Inc. Has $7.77 Million Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Westwood Holdings Group Inc. lessened its holdings in Lattice Semiconductor Co. (NASDAQ:LSCC) by 9.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 99,360 shares of the semiconductor company’s stock after selling 9,842 shares during the quarter. Westwood Holdings Group Inc. owned approximately 0.07% of Lattice Semiconductor worth $7,773,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Van ECK Associates Corp increased its holdings in Lattice Semiconductor by 95.1% in the fourth 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 during the last quarter. GAMMA Investing LLC bought a new stake in shares of Lattice Semiconductor in the 4th quarter valued at about $28,000. American National Bank acquired a new stake in shares of Lattice Semiconductor in the 4th quarter valued at approximately $28,000. Rise Advisors LLC bought a new position in Lattice Semiconductor during the 1st quarter worth approximately $30,000. Finally, Principal Securities Inc. acquired a new position in Lattice Semiconductor during the fourth quarter valued at approximately $31,000. Institutional investors and hedge funds own 98.08% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Glenn O’rourke sold 1,241 shares of the firm’s stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $74.54, for a total value of $92,504.14. Following the completion of the transaction, the senior vice president now directly owns 12,084 shares of the company’s stock, valued at $900,741.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Lattice Semiconductor news, Director Elizabeth M. Schwarting sold 650 shares of the business’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $69.20, for a total transaction of $44,980.00. Following the transaction, the director now owns 1,920 shares of the company’s stock, valued at $132,864. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, SVP Glenn O’rourke sold 1,241 shares of the firm’s stock in a transaction that occurred on Wednesday, May 22nd. The shares were sold at an average price of $74.54, for a total value of $92,504.14. Following the completion of the sale, the senior vice president now directly owns 12,084 shares of the company’s stock, valued at $900,741.36. The disclosure for this sale can be found here. Insiders have sold 49,566 shares of company stock valued at $3,664,529 in the last 90 days. 1.80% of the stock is currently owned by insiders.

Lattice Semiconductor Price Performance

NASDAQ:LSCC traded up $0.89 on Friday, hitting $55.07. 2,083,994 shares of the company’s stock were exchanged, compared to its average volume of 2,065,130. The firm has a 50-day moving average price of $62.78 and a 200-day moving average price of $68.90. Lattice Semiconductor Co. has a 52 week low of $51.96 and a 52 week high of $98.30. The company has a market cap of $7.57 billion, a P/E ratio of 35.30, a price-to-earnings-growth ratio of 11.79 and a beta of 1.39.

Lattice Semiconductor (NASDAQ:LSCC) last released its earnings results on Monday, April 29th. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $140.08 million. On average, research analysts expect that Lattice Semiconductor Co. will post 0.68 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have weighed in on LSCC. Benchmark reiterated a “buy” rating and issued a $85.00 target price on shares of Lattice Semiconductor in a report on Thursday, July 18th. Susquehanna boosted their target price on Lattice Semiconductor from $78.00 to $85.00 and gave the company a “positive” rating in a research note on Tuesday, April 30th. Needham & Company LLC reaffirmed a “buy” rating and set a $80.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, June 4th. Bank of America boosted their price objective on Lattice Semiconductor from $75.00 to $83.00 and gave the company a “neutral” rating in a research report on Tuesday, April 30th. Finally, StockNews.com upgraded shares of Lattice Semiconductor from a “sell” rating to a “hold” rating in a report on Friday. Three research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $82.09.

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.