Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Purchased by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG raised its holdings in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 66.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,194 shares of the semiconductor company’s stock after acquiring an additional 3,270 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Lattice Semiconductor were worth $464,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. HighTower Advisors LLC raised its position in shares of Lattice Semiconductor by 7.3% during the 3rd quarter. HighTower Advisors LLC now owns 5,141 shares of the semiconductor company’s stock worth $267,000 after purchasing an additional 348 shares during the last quarter. Janus Henderson Group PLC increased its position in Lattice Semiconductor by 80.9% during the third quarter. Janus Henderson Group PLC now owns 161,495 shares of the semiconductor company’s stock worth $8,571,000 after buying an additional 72,244 shares in the last quarter. Readystate Asset Management LP acquired a new position in shares of Lattice Semiconductor in the third quarter worth $301,000. Quantinno Capital Management LP lifted its position in shares of Lattice Semiconductor by 863.1% in the third quarter. Quantinno Capital Management LP now owns 34,431 shares of the semiconductor company’s stock valued at $1,827,000 after acquiring an additional 30,856 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in shares of Lattice Semiconductor by 99.0% during the third quarter. Stifel Financial Corp now owns 59,778 shares of the semiconductor company’s stock valued at $3,172,000 after acquiring an additional 29,734 shares during the last quarter. Institutional investors and hedge funds own 98.08% of the company’s stock.

Lattice Semiconductor Trading Down 9.4 %

LSCC stock opened at $39.03 on Friday. The stock has a 50-day moving average price of $59.29 and a two-hundred day moving average price of $56.59. The company has a market cap of $5.37 billion, a PE ratio of 88.71, a price-to-earnings-growth ratio of 3.03 and a beta of 1.43. Lattice Semiconductor Co. has a 12-month low of $38.72 and a 12-month high of $78.85.

Lattice Semiconductor (NASDAQ:LSCC) last posted its earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share (EPS) 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%. Equities analysts forecast that Lattice Semiconductor Co. will post 0.65 EPS for the current fiscal year.

Insider Transactions at Lattice Semiconductor

In related 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 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 approximately $7,838,755.86. This represents a 7.55 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 value of $105,968.00. Following the completion of the transaction, the senior vice president now directly owns 83,289 shares in the company, valued at $4,770,793.92. This trade represents a 2.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 14,740 shares of company stock valued at $943,026 over the last 90 days. Corporate insiders own 1.80% of the company’s stock.

Analysts Set New Price Targets

LSCC has been the subject of several analyst reports. Benchmark boosted their target price on shares of Lattice Semiconductor from $55.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Needham & Company LLC reissued a “buy” rating and issued a $70.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, February 11th. StockNews.com downgraded shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a research note on Tuesday, March 11th. KeyCorp lifted their target price on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 11th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $85.00 price target on shares of Lattice Semiconductor in a research note on Monday, February 10th. Two equities research analysts have rated the stock with a sell rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.69.

Lattice Semiconductor Company 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.