Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Purchased by Meeder Asset Management Inc.

Meeder Asset Management Inc. raised its holdings in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 553.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,885 shares of the semiconductor company’s stock after buying an additional 13,454 shares during the period. Meeder Asset Management Inc.’s holdings in Lattice Semiconductor were worth $843,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. William Blair Investment Management LLC raised its stake in shares of Lattice Semiconductor by 26.8% during the second quarter. William Blair Investment Management LLC now owns 3,163,064 shares of the semiconductor company’s stock valued at $183,426,000 after purchasing an additional 668,132 shares during the period. Clearbridge Investments LLC lifted its holdings in Lattice Semiconductor by 19.3% in the 2nd quarter. Clearbridge Investments LLC now owns 1,822,190 shares of the semiconductor company’s stock worth $105,669,000 after buying an additional 294,290 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Lattice Semiconductor by 2.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,406,836 shares of the semiconductor company’s stock valued at $81,582,000 after buying an additional 30,642 shares during the last quarter. Rokos Capital Management LLP grew its stake in shares of Lattice Semiconductor by 1,592.8% during the first quarter. Rokos Capital Management LLP now owns 1,212,878 shares of the semiconductor company’s stock valued at $94,896,000 after acquiring an additional 1,141,230 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Lattice Semiconductor by 63.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,094,289 shares of the semiconductor company’s stock worth $63,456,000 after acquiring an additional 426,511 shares during the last quarter. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

LSCC has been the subject of several recent analyst reports. Bank of America lowered shares of Lattice Semiconductor from a “neutral” rating to an “underperform” rating and decreased their price objective for the stock from $83.00 to $47.00 in a report on Tuesday, July 30th. Susquehanna lowered their price objective on Lattice Semiconductor from $65.00 to $55.00 and set a “positive” rating for the company in a report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft reduced their target price on Lattice Semiconductor from $56.00 to $50.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. StockNews.com downgraded Lattice Semiconductor from a “hold” rating to a “sell” rating in a report on Saturday, August 3rd. Finally, Benchmark reaffirmed a “buy” rating and issued a $60.00 price objective on shares of Lattice Semiconductor in a report on Monday, September 16th. Two research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $58.42.

Lattice Semiconductor Stock Down 3.1 %

LSCC stock opened at $48.58 on Wednesday. The stock has a market cap of $6.70 billion, a PE ratio of 47.17 and a beta of 1.39. The firm’s 50-day simple moving average is $51.60 and its 200 day simple moving average is $56.00. Lattice Semiconductor Co. has a fifty-two week low of $40.65 and a fifty-two week high of $85.69.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. Lattice Semiconductor had a return on equity of 16.84% and a net margin of 25.48%. The business had revenue of $127.09 million during the quarter, compared to the consensus estimate of $127.05 million. During the same period in the previous year, the firm posted $0.41 earnings per share. The business’s revenue was down 33.9% on a year-over-year basis. Equities analysts forecast that Lattice Semiconductor Co. will post 0.54 EPS 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.