Alliance Wealth Advisors LLC UT Purchases 1,401 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Alliance Wealth Advisors LLC UT lifted its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 29.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,196 shares of the semiconductor company’s stock after acquiring an additional 1,401 shares during the quarter. Alliance Wealth Advisors LLC UT’s holdings in Lattice Semiconductor were worth $427,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Skandinaviska Enskilda Banken AB publ raised its position in shares of Lattice Semiconductor by 33.2% during the third quarter. Skandinaviska Enskilda Banken AB publ now owns 42,682 shares of the semiconductor company’s stock worth $3,668,000 after acquiring an additional 10,650 shares during the last quarter. DekaBank Deutsche Girozentrale grew its stake in shares of Lattice Semiconductor by 286.0% during the fourth quarter. DekaBank Deutsche Girozentrale now owns 192,390 shares of the semiconductor company’s stock worth $13,571,000 after purchasing an additional 142,543 shares during the period. Amalgamated Bank grew its stake in shares of Lattice Semiconductor by 8.7% during the third quarter. Amalgamated Bank now owns 107,968 shares of the semiconductor company’s stock worth $9,278,000 after purchasing an additional 8,603 shares during the period. South Dakota Investment Council acquired a new stake in shares of Lattice Semiconductor during the fourth quarter worth $1,397,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Lattice Semiconductor during the third quarter worth $530,000. Institutional investors own 98.08% of the company’s stock.

Lattice Semiconductor Trading Down 0.0 %

Shares of Lattice Semiconductor stock traded down $0.03 during trading on Friday, reaching $73.88. The stock had a trading volume of 3,042,835 shares, compared to its average volume of 1,564,987. The company has a market capitalization of $10.16 billion, a price-to-earnings ratio of 39.94, a P/E/G ratio of 16.67 and a beta of 1.38. The stock has a fifty day moving average price of $75.70 and a two-hundred day moving average price of $68.99. Lattice Semiconductor Co. has a 52 week low of $51.96 and a 52 week high of $98.30.

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

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Benchmark lifted their price objective on Lattice Semiconductor from $70.00 to $95.00 and gave the stock a “buy” rating in a research note on Tuesday, January 2nd. KeyCorp lifted their price objective on Lattice Semiconductor from $80.00 to $85.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 13th. Susquehanna decreased their price objective on Lattice Semiconductor from $80.00 to $78.00 and set a “positive” rating for the company in a research note on Tuesday, February 13th. Rosenblatt Securities reaffirmed a “buy” rating and set a $85.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, February 13th. Finally, Stifel Nicolaus decreased their price objective on Lattice Semiconductor from $70.00 to $67.00 and set a “hold” rating for the company in a research note on Tuesday, February 13th. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $87.00.

Insider Activity

In other news, SVP Mark Jon Nelson sold 14,417 shares of the business’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $71.49, for a total value of $1,030,671.33. Following the sale, the senior vice president now directly owns 28,283 shares in the company, valued at $2,021,951.67. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, CFO Sherri R. Luther sold 23,006 shares of the company’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $74.78, for a total transaction of $1,720,388.68. Following the sale, the chief financial officer now 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 Mark Jon Nelson sold 14,417 shares of the company’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $71.49, for a total value of $1,030,671.33. Following the sale, the senior vice president now owns 28,283 shares in the company, valued at approximately $2,021,951.67. The disclosure for this sale can be found here. Insiders have sold a total of 43,741 shares of company stock worth $3,225,795 over the last three months. Corporate insiders own 1.80% of the company’s stock.

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.