Tredje AP fonden Lowers Stock Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Tredje AP fonden reduced its stake in Lattice Semiconductor Co. (NASDAQ:LSCC) by 50.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,742 shares of the semiconductor company’s stock after selling 10,742 shares during the period. Tredje AP fonden’s holdings in Lattice Semiconductor were worth $609,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of LSCC. TimesSquare Capital Management LLC increased its holdings in Lattice Semiconductor by 2,923.4% in the 4th quarter. TimesSquare Capital Management LLC now owns 1,523,545 shares of the semiconductor company’s stock valued at $86,309,000 after acquiring an additional 1,473,154 shares during the last quarter. Point72 Asset Management L.P. bought a new stake in Lattice Semiconductor in the 3rd quarter valued at $49,297,000. Westfield Capital Management Co. LP bought a new stake in Lattice Semiconductor in the 3rd quarter valued at $38,194,000. Raymond James Financial Inc. bought a new stake in Lattice Semiconductor in the 4th quarter valued at $28,325,000. Finally, Healthcare of Ontario Pension Plan Trust Fund increased its holdings in Lattice Semiconductor by 319.4% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 500,000 shares of the semiconductor company’s stock valued at $26,535,000 after acquiring an additional 380,790 shares during the last quarter. 98.08% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Lattice Semiconductor

In other news, SVP Mark Jon Nelson sold 1,850 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $57.28, for a total value of $105,968.00. Following the completion of the sale, the senior vice president now owns 83,289 shares of the company’s stock, valued at approximately $4,770,793.92. This represents a 2.17 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robin Ann Abrams sold 10,000 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the director now directly owns 122,538 shares of the company’s stock, valued at $7,838,755.86. The trade was a 7.55 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 14,740 shares of company stock valued at $943,026 in the last three months. Company insiders own 1.19% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Stifel Nicolaus boosted their target price on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. Robert W. Baird boosted their target price on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the stock an “outperform” rating in a report on Wednesday, December 11th. Rosenblatt Securities restated a “buy” rating and issued a $85.00 target price on shares of Lattice Semiconductor in a report on Monday, February 10th. KeyCorp boosted their target price on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. Finally, Needham & Company LLC restated a “buy” rating and issued a $70.00 target price on shares of Lattice Semiconductor in a report on Tuesday, February 11th. Two analysts have rated the stock with a sell rating and eleven have given a buy rating to the company’s stock. According to MarketBeat.com, Lattice Semiconductor has an average rating of “Moderate Buy” and an average price target of $66.25.

Lattice Semiconductor Price Performance

Lattice Semiconductor stock opened at $60.79 on Friday. The stock has a market cap of $8.38 billion, a price-to-earnings ratio of 138.16, a price-to-earnings-growth ratio of 3.03 and a beta of 1.43. Lattice Semiconductor Co. has a 1 year low of $40.65 and a 1 year high of $80.47. The firm has a 50-day moving average of $59.48 and a two-hundred day moving average of $55.44.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings data 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%. Research analysts expect that Lattice Semiconductor Co. will post 0.65 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.