Swiss National Bank Has $15.35 Million Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Swiss National Bank lifted its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 0.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 271,000 shares of the semiconductor company’s stock after acquiring an additional 2,000 shares during the period. Swiss National Bank owned approximately 0.20% of Lattice Semiconductor worth $15,352,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Truvestments Capital LLC grew its position in Lattice Semiconductor by 6.8% in the fourth quarter. Truvestments Capital LLC now owns 4,295 shares of the semiconductor company’s stock valued at $243,000 after purchasing an additional 274 shares in the last quarter. HighTower Advisors LLC raised its holdings in Lattice Semiconductor by 33.9% during the fourth quarter. HighTower Advisors LLC now owns 6,886 shares of the semiconductor company’s stock worth $390,000 after acquiring an additional 1,745 shares in the last quarter. Wealthfront Advisers LLC acquired a new position in Lattice Semiconductor during the fourth quarter valued at approximately $777,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Lattice Semiconductor by 48.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 36,351 shares of the semiconductor company’s stock valued at $2,059,000 after purchasing an additional 11,830 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its position in shares of Lattice Semiconductor by 5.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 10,010 shares of the semiconductor company’s stock worth $567,000 after purchasing an additional 528 shares during the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Lattice Semiconductor Stock Performance

Shares of NASDAQ LSCC opened at $62.33 on Thursday. The company’s 50 day moving average price is $59.85 and its 200-day moving average price is $55.77. Lattice Semiconductor Co. has a 52-week low of $40.65 and a 52-week high of $80.47. The company has a market capitalization of $8.59 billion, a P/E ratio of 141.66, a price-to-earnings-growth ratio of 3.03 and a beta of 1.43.

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

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Stifel Nicolaus raised their target price on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Robert W. Baird raised their price objective on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 11th. KeyCorp increased their target price on Lattice Semiconductor from $70.00 to $75.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 11th. Needham & Company LLC reaffirmed a “buy” rating and issued a $70.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, February 11th. Finally, Susquehanna increased their price objective on Lattice Semiconductor from $70.00 to $75.00 and gave the stock a “positive” rating in a research report on Tuesday, February 11th. Two research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $66.25.

Insider Activity at Lattice Semiconductor

In other news, Director Robin Ann Abrams sold 10,000 shares of the company’s stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $63.97, for a total value of $639,700.00. Following the completion of the sale, the director now owns 122,538 shares in the company, valued at $7,838,755.86. This represents a 7.55 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Mark Jon Nelson sold 1,850 shares of the firm’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $57.28, for a total transaction of $105,968.00. Following the transaction, the senior vice president now directly owns 83,289 shares in the company, valued at $4,770,793.92. The trade was a 2.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 14,740 shares of company stock valued at $943,026. 1.80% of the stock is owned by corporate insiders.

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.