Gilder Gagnon Howe & Co. LLC grew its stake in Lattice Semiconductor Co. (NASDAQ:LSCC – Free Report) by 9.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,708 shares of the semiconductor company’s stock after acquiring an additional 652 shares during the period. Gilder Gagnon Howe & Co. LLC’s holdings in Lattice Semiconductor were worth $437,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also modified their holdings of LSCC. T. Rowe Price Investment Management Inc. raised its position in Lattice Semiconductor by 2.3% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 21,544,339 shares of the semiconductor company’s stock worth $1,220,487,000 after purchasing an additional 478,440 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Lattice Semiconductor by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 14,944,397 shares of the semiconductor company’s stock valued at $846,600,000 after acquiring an additional 229,820 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in Lattice Semiconductor by 291.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,283,157 shares of the semiconductor company’s stock valued at $355,942,000 after acquiring an additional 4,676,100 shares during the last quarter. Geode Capital Management LLC increased its position in Lattice Semiconductor by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 3,055,445 shares of the semiconductor company’s stock worth $173,132,000 after purchasing an additional 74,655 shares during the period. Finally, Capital Research Global Investors raised its holdings in Lattice Semiconductor by 10.6% during the 4th quarter. Capital Research Global Investors now owns 2,258,500 shares of the semiconductor company’s stock worth $127,944,000 after purchasing an additional 216,617 shares during the last quarter. 98.08% of the stock is owned by institutional investors.
Insiders Place Their Bets
In related news, Director Robin Ann Abrams sold 10,000 shares of the 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 transaction, the director now owns 122,538 shares in the company, valued at approximately $7,838,755.86. This represents a 7.55 % 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 Pravin Desale sold 2,890 shares of Lattice Semiconductor stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $68.29, for a total transaction of $197,358.10. Following the completion of the sale, the senior vice president now owns 93,903 shares in the company, valued at $6,412,635.87. The trade was a 2.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.80% of the company’s stock.
Analyst Upgrades and Downgrades
View Our Latest Research Report on LSCC
Lattice Semiconductor Stock Down 0.1 %
Shares of NASDAQ:LSCC opened at $49.04 on Monday. The firm has a market cap of $6.75 billion, a price-to-earnings ratio of 111.46, a PEG ratio of 3.03 and a beta of 1.64. Lattice Semiconductor Co. has a 12 month low of $34.69 and a 12 month high of $78.85. The company’s fifty day simple moving average is $54.14 and its 200 day simple moving average is $55.50.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last issued its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates 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 fiscal year.
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.
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