Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Sold by Global X Japan Co. Ltd.

Global X Japan Co. Ltd. decreased its holdings in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 16.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,195 shares of the semiconductor company’s stock after selling 2,677 shares during the period. Global X Japan Co. Ltd.’s holdings in Lattice Semiconductor were worth $700,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. American National Bank & Trust lifted its holdings in Lattice Semiconductor by 5,064.3% during the third quarter. American National Bank & Trust now owns 723 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 709 shares in the last quarter. West Oak Capital LLC raised its position in shares of Lattice Semiconductor by 220.0% during the 2nd quarter. West Oak Capital LLC now owns 800 shares of the semiconductor company’s stock worth $46,000 after purchasing an additional 550 shares during the last quarter. GAMMA Investing LLC lifted its stake in Lattice Semiconductor by 82.4% in the 1st quarter. GAMMA Investing LLC now owns 737 shares of the semiconductor company’s stock valued at $58,000 after buying an additional 333 shares in the last quarter. Blue Trust Inc. boosted its holdings in Lattice Semiconductor by 186.5% in the 2nd quarter. Blue Trust Inc. now owns 1,149 shares of the semiconductor company’s stock worth $67,000 after buying an additional 748 shares during the last quarter. Finally, Davidson Capital Management Inc. purchased a new stake in shares of Lattice Semiconductor during the first quarter worth approximately $78,000. Institutional investors and hedge funds own 98.08% of the company’s stock.

Wall Street Analyst Weigh In

LSCC has been the subject of a number of research reports. TD Cowen raised shares of Lattice Semiconductor to a “strong-buy” rating in a report on Monday, September 16th. Stifel Nicolaus raised shares of Lattice Semiconductor from a “hold” rating to a “buy” rating and set a $55.00 target price on the stock in a research note on Tuesday, September 17th. Bank of America cut Lattice Semiconductor from a “neutral” rating to an “underperform” rating and lowered their target price for the stock from $83.00 to $47.00 in a report on Tuesday, July 30th. KeyCorp cut their price target on Lattice Semiconductor from $85.00 to $60.00 and set an “overweight” rating for the company in a report on Tuesday, July 30th. Finally, StockNews.com lowered Lattice Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday, August 3rd. Two analysts have rated the stock with a sell rating, ten have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $63.08.

Insider Buying and Selling at Lattice Semiconductor

In related news, SVP Mark Jon Nelson sold 1,232 shares of Lattice Semiconductor stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $48.98, for a total value of $60,343.36. Following the completion of the transaction, the senior vice president now owns 14,919 shares in the company, valued at approximately $730,732.62. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 1,232 shares of the firm’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $48.98, for a total value of $60,343.36. Following the completion of the transaction, the senior vice president now owns 14,919 shares of the company’s stock, valued at $730,732.62. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Sherri R. Luther sold 20,632 shares of the company’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $48.89, for a total value of $1,008,698.48. Following the sale, the chief financial officer now directly owns 90,341 shares in the company, valued at $4,416,771.49. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by corporate insiders.

Lattice Semiconductor Stock Performance

NASDAQ:LSCC opened at $53.03 on Wednesday. The stock has a market capitalization of $7.29 billion, a P/E ratio of 33.99 and a beta of 1.39. Lattice Semiconductor Co. has a fifty-two week low of $40.65 and a fifty-two week high of $85.69. The company has a 50 day moving average price of $49.24 and a 200 day moving average price of $58.62.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings data 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). Lattice Semiconductor had a net margin of 30.26% and a return on equity of 23.39%. The firm had revenue of $124.08 million during the quarter, compared to analyst estimates of $130.17 million. During the same period in the previous year, the firm posted $0.40 earnings per share. The company’s quarterly revenue was down 34.7% compared to the same quarter last year. Research analysts forecast that Lattice Semiconductor Co. will post 0.59 earnings per share for the current fiscal year.

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.