Sei Investments Co. Buys 585 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Sei Investments Co. increased its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 0.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 549,075 shares of the semiconductor company’s stock after buying an additional 585 shares during the quarter. Sei Investments Co.’s holdings in Lattice Semiconductor were worth $31,105,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Empowered Funds LLC lifted its holdings in Lattice Semiconductor by 15.3% during the third quarter. Empowered Funds LLC now owns 4,661 shares of the semiconductor company’s stock worth $247,000 after acquiring an additional 619 shares during the period. B. Metzler seel. Sohn & Co. Holding AG bought a new position in Lattice Semiconductor in the 3rd quarter valued at $261,000. Charles Schwab Investment Management Inc. raised its stake in shares of Lattice Semiconductor by 2.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 909,877 shares of the semiconductor company’s stock worth $48,287,000 after purchasing an additional 22,770 shares during the period. Algert Global LLC purchased a new position in shares of Lattice Semiconductor in the 3rd quarter worth about $728,000. Finally, Larson Financial Group LLC grew its position in Lattice Semiconductor by 38.3% during the third quarter. Larson Financial Group LLC now owns 4,437 shares of the semiconductor company’s stock valued at $235,000 after buying an additional 1,228 shares during the period. 98.08% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

LSCC has been the topic of several research reports. Rosenblatt Securities reaffirmed a “buy” rating and issued a $85.00 price objective on shares of Lattice Semiconductor in a research report on Monday, February 10th. Susquehanna lifted their price target on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock a “positive” rating in a report on Tuesday, February 11th. Needham & Company LLC reissued a “buy” rating and set a $70.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, February 11th. StockNews.com lowered Lattice Semiconductor from a “hold” rating to a “sell” rating in a research note on Tuesday, March 11th. Finally, Robert W. Baird increased their price target on Lattice Semiconductor from $44.00 to $68.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 11th. Two investment analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.25.

Insiders Place Their Bets

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,890 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $68.29, for a total value of $197,358.10. Following the completion of the sale, the senior vice president now owns 93,903 shares in the company, valued at approximately $6,412,635.87. The trade was a 2.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Mark Jon Nelson sold 1,850 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $57.28, for a total transaction of $105,968.00. Following the completion of the transaction, the senior vice president now owns 83,289 shares in the company, valued at $4,770,793.92. This represents a 2.17 % 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 over the last quarter. 1.80% of the stock is owned by corporate insiders.

Lattice Semiconductor Stock Performance

Lattice Semiconductor stock opened at $62.76 on Wednesday. Lattice Semiconductor Co. has a fifty-two week low of $40.65 and a fifty-two week high of $80.13. The firm’s fifty day moving average price is $60.35 and its 200-day moving average price is $56.36. The stock has a market cap of $8.65 billion, a P/E ratio of 142.64, a price-to-earnings-growth ratio of 3.03 and a beta of 1.43.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings results 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 return on equity of 11.22% and a net margin of 12.00%. On average, analysts predict 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.