Larson Financial Group LLC Buys 544 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Larson Financial Group LLC grew its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 159.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 886 shares of the semiconductor company’s stock after purchasing an additional 544 shares during the quarter. Larson Financial Group LLC’s holdings in Lattice Semiconductor were worth $61,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. UMB Bank n.a. raised its position in shares of Lattice Semiconductor by 100.7% during the third quarter. UMB Bank n.a. now owns 307 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 154 shares during the last quarter. RiverPark Advisors LLC grew its holdings in shares of Lattice Semiconductor by 31.2% in the fourth quarter. RiverPark Advisors LLC now owns 821 shares of the semiconductor company’s stock valued at $57,000 after purchasing an additional 195 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of Lattice Semiconductor by 7.5% in the third quarter. Nisa Investment Advisors LLC now owns 2,853 shares of the semiconductor company’s stock valued at $245,000 after purchasing an additional 200 shares in the last quarter. State of Michigan Retirement System grew its holdings in shares of Lattice Semiconductor by 0.6% in the fourth quarter. State of Michigan Retirement System now owns 33,162 shares of the semiconductor company’s stock valued at $2,288,000 after purchasing an additional 200 shares in the last quarter. Finally, Grove Bank & Trust grew its holdings in shares of Lattice Semiconductor by 34.5% in the third quarter. Grove Bank & Trust now owns 1,009 shares of the semiconductor company’s stock valued at $87,000 after purchasing an additional 259 shares in the last quarter. Institutional investors own 98.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on LSCC shares. Rosenblatt Securities reissued a “buy” rating and issued a $85.00 target price on shares of Lattice Semiconductor in a report on Tuesday, February 13th. Stifel Nicolaus cut their target price on shares of Lattice Semiconductor from $70.00 to $67.00 and set a “hold” rating for the company in a report on Tuesday, February 13th. Benchmark raised their target price on shares of Lattice Semiconductor from $70.00 to $95.00 and gave the company a “buy” rating in a report on Tuesday, January 2nd. Susquehanna dropped their price objective on shares of Lattice Semiconductor from $80.00 to $78.00 and set a “positive” rating for the company in a research note on Tuesday, February 13th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $75.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, February 13th. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Lattice Semiconductor has an average rating of “Moderate Buy” and an average target price of $87.00.

Lattice Semiconductor Trading Up 3.3 %

Shares of LSCC opened at $73.91 on Friday. The firm has a market capitalization of $10.17 billion, a P/E ratio of 39.95, a P/E/G ratio of 16.15 and a beta of 1.38. Lattice Semiconductor Co. has a 12-month low of $51.96 and a 12-month high of $98.30. The firm has a fifty day moving average price of $75.69 and a 200-day moving average price of $69.12.

Lattice Semiconductor (NASDAQ:LSCC) last issued its earnings results on Monday, February 12th. The semiconductor company reported $0.45 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.45. The firm had revenue of $170.60 million during the quarter, compared to analyst estimates of $176.15 million. Lattice Semiconductor had a net margin of 35.14% and a return on equity of 36.07%. The business’s revenue was down 3.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.38 earnings per share. Analysts predict that Lattice Semiconductor Co. will post 0.8 earnings per share for the current year.

Insider Activity at Lattice Semiconductor

In related news, CFO Sherri R. Luther sold 23,006 shares of Lattice Semiconductor stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $74.78, for a total value of $1,720,388.68. Following the completion of the sale, the chief financial officer now directly owns 124,116 shares in the company, valued at $9,281,394.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CFO Sherri R. Luther sold 23,006 shares of Lattice Semiconductor stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $74.78, for a total value of $1,720,388.68. Following the completion of the sale, the chief financial officer now directly owns 124,116 shares in the company, valued at $9,281,394.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Tracy Ann Feanny sold 6,318 shares of Lattice Semiconductor stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $75.14, for a total value of $474,734.52. Following the completion of the sale, the senior vice president now owns 11,908 shares of the company’s stock, valued at $894,767.12. The disclosure for this sale can be found here. Insiders sold 43,741 shares of company stock worth $3,225,795 over the last three months. 1.80% of the stock is owned by corporate insiders.

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.