Edgestream Partners L.P. Sells 32,811 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Edgestream Partners L.P. trimmed its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 46.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,329 shares of the semiconductor company’s stock after selling 32,811 shares during the quarter. Edgestream Partners L.P.’s holdings in Lattice Semiconductor were worth $2,171,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in LSCC. UMB Bank n.a. grew its stake in Lattice Semiconductor by 67.7% during the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock worth $37,000 after buying an additional 266 shares during the last quarter. Arcadia Investment Management Corp MI bought a new stake in Lattice Semiconductor during the fourth quarter worth about $38,000. Jones Financial Companies Lllp grew its stake in 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 buying an additional 370 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Lattice Semiconductor during the fourth quarter worth approximately $57,000. Finally, Lindbrook Capital LLC lifted its position in shares of Lattice Semiconductor by 15.3% during the fourth quarter. Lindbrook Capital LLC now owns 1,428 shares of the semiconductor company’s stock worth $81,000 after purchasing an additional 190 shares in the last quarter. 98.08% of the stock is owned by institutional investors.

Insider Transactions at Lattice Semiconductor

In related news, SVP Pravin Desale sold 1,096 shares of the firm’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $62.54, for a total transaction of $68,543.84. Following the sale, the senior vice president now directly owns 365 shares in the company, valued at $22,827.10. This trade represents a 75.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Robin Ann Abrams sold 10,000 shares of the firm’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total transaction of $639,700.00. Following the sale, the director now owns 122,538 shares in the company, valued at approximately $7,838,755.86. The trade was a 7.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 15,836 shares of company stock valued at $1,011,570 over the last three months. 1.80% of the stock is currently owned by corporate insiders.

Lattice Semiconductor Stock Up 4.6 %

Shares of NASDAQ LSCC opened at $63.78 on Monday. The company’s fifty day moving average is $59.18 and its 200-day moving average is $55.06. The stock has a market cap of $8.79 billion, a price-to-earnings ratio of 144.96, a P/E/G ratio of 3.03 and a beta of 1.43. Lattice Semiconductor Co. has a twelve month low of $40.65 and a twelve month high of $84.40.

Lattice Semiconductor (NASDAQ:LSCC) last announced its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.14). Lattice Semiconductor had a return on equity of 11.22% and a net margin of 12.00%. On average, research analysts anticipate that Lattice Semiconductor Co. will post 0.65 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on LSCC. Rosenblatt Securities reiterated a “buy” rating and set a $85.00 target price on shares of Lattice Semiconductor in a research report on Monday, February 10th. Needham & Company LLC reiterated a “buy” rating and set a $70.00 target price on shares of Lattice Semiconductor in a research report on Tuesday, February 11th. Susquehanna upped their target price on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock a “positive” rating in a research report on Tuesday, February 11th. Stifel Nicolaus upped their target price on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th. Finally, Robert W. Baird increased their price objective on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the company an “outperform” rating in a report on Wednesday, December 11th. Two 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 company has an average 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.