Lattice Semiconductor Co. (NASDAQ:LSCC) Stock Holdings Lifted by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale raised its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 131.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 446,178 shares of the semiconductor company’s stock after purchasing an additional 253,788 shares during the quarter. DekaBank Deutsche Girozentrale owned 0.32% of Lattice Semiconductor worth $35,265,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in LSCC. Franklin Resources Inc. raised its stake in Lattice Semiconductor by 43.5% during the 4th quarter. Franklin Resources Inc. now owns 6,236,871 shares of the semiconductor company’s stock valued at $430,282,000 after purchasing an additional 1,889,110 shares during the period. Norges Bank acquired a new stake in Lattice Semiconductor during the 4th quarter valued at $98,684,000. Rokos Capital Management LLP raised its stake in Lattice Semiconductor by 1,592.8% during the 1st quarter. Rokos Capital Management LLP now owns 1,212,878 shares of the semiconductor company’s stock valued at $94,896,000 after purchasing an additional 1,141,230 shares during the period. William Blair Investment Management LLC raised its stake in Lattice Semiconductor by 78.7% during the 1st quarter. William Blair Investment Management LLC now owns 2,494,932 shares of the semiconductor company’s stock valued at $195,179,000 after purchasing an additional 1,098,962 shares during the period. Finally, Artisan Partners Limited Partnership raised its stake in Lattice Semiconductor by 6.8% during the 4th quarter. Artisan Partners Limited Partnership now owns 9,544,835 shares of the semiconductor company’s stock valued at $658,498,000 after purchasing an additional 611,550 shares during the period. 98.08% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO James Robert Anderson sold 30,000 shares of the company’s stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $75.12, for a total transaction of $2,253,600.00. Following the completion of the transaction, the chief executive officer now owns 759,286 shares of the company’s stock, valued at $57,037,564.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, SVP Mark Jon Nelson sold 1,210 shares of the company’s stock in a transaction dated Monday, May 20th. The shares were sold at an average price of $72.97, for a total transaction of $88,293.70. Following the completion of the transaction, the senior vice president now owns 14,554 shares of the company’s stock, valued at $1,062,005.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO James Robert Anderson sold 30,000 shares of the stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of $75.12, for a total transaction of $2,253,600.00. Following the completion of the transaction, the chief executive officer now directly owns 759,286 shares of the company’s stock, valued at approximately $57,037,564.32. The disclosure for this sale can be found here. Insiders sold a total of 49,566 shares of company stock valued at $3,664,529 in the last quarter. Insiders own 1.80% of the company’s stock.

Lattice Semiconductor Trading Down 7.0 %

Lattice Semiconductor stock traded down $3.37 on Friday, reaching $45.08. 4,600,144 shares of the stock were exchanged, compared to its average volume of 2,932,415. The stock has a market cap of $6.21 billion, a PE ratio of 28.90, a PEG ratio of 12.19 and a beta of 1.39. Lattice Semiconductor Co. has a twelve month low of $44.51 and a twelve month high of $98.30. The firm has a fifty day moving average price of $60.33 and a two-hundred day moving average price of $68.38.

Lattice Semiconductor (NASDAQ:LSCC) last released its earnings results on Monday, July 29th. The semiconductor company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). The firm had revenue of $124.08 million for the quarter, compared to analyst estimates of $130.17 million. Lattice Semiconductor had a return on equity of 23.39% and a net margin of 30.26%. The firm’s revenue was down 34.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.40 EPS. Equities analysts anticipate that Lattice Semiconductor Co. will post 0.59 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

LSCC has been the topic of several research analyst reports. Needham & Company LLC lowered their price target on shares of Lattice Semiconductor from $80.00 to $61.00 and set a “buy” rating on the stock in a report on Tuesday, July 30th. Stifel Nicolaus lowered their price target on shares of Lattice Semiconductor from $67.00 to $55.00 and set a “hold” rating on the stock in a report on Tuesday, July 30th. TD Cowen lowered their price target on shares of Lattice Semiconductor from $80.00 to $60.00 and set a “buy” rating on the stock in a report on Tuesday, July 30th. StockNews.com cut shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a report on Saturday. Finally, Bank of America cut shares of Lattice Semiconductor from a “neutral” rating to an “underperform” rating and lowered their price target for the company from $83.00 to $47.00 in a report on Tuesday, July 30th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $66.55.

About Lattice Semiconductor

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.