Lattice Semiconductor Co. (NASDAQ:LSCC) Position Boosted by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCCGet Rating) by 36.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 125,130 shares of the semiconductor company’s stock after buying an additional 33,677 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Lattice Semiconductor were worth $7,627,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of LSCC. CWM LLC lifted its position in shares of Lattice Semiconductor by 338.6% during the first quarter. CWM LLC now owns 557 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 430 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of Lattice Semiconductor by 84.6% during the first quarter. Parallel Advisors LLC now owns 539 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 247 shares during the last quarter. Meeder Asset Management Inc. bought a new position in shares of Lattice Semiconductor during the first quarter worth about $35,000. Prospera Financial Services Inc bought a new position in shares of Lattice Semiconductor during the first quarter worth about $39,000. Finally, Quadrant Capital Group LLC lifted its position in shares of Lattice Semiconductor by 83.6% during the first quarter. Quadrant Capital Group LLC now owns 685 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 312 shares during the last quarter. Institutional investors own 95.57% of the company’s stock.

Lattice Semiconductor Stock Performance

LSCC opened at $51.41 on Thursday. The business’s 50 day moving average is $57.43 and its 200-day moving average is $53.58. The stock has a market cap of $7.06 billion, a PE ratio of 53.00 and a beta of 1.23. The company has a current ratio of 2.96, a quick ratio of 2.23 and a debt-to-equity ratio of 0.30. Lattice Semiconductor Co. has a twelve month low of $43.41 and a twelve month high of $85.45.

Lattice Semiconductor (NASDAQ:LSCCGet Rating) last released its quarterly earnings results on Monday, August 1st. The semiconductor company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. Lattice Semiconductor had a return on equity of 34.11% and a net margin of 23.20%. The company had revenue of $161.37 million for the quarter, compared to analysts’ expectations of $157.98 million. During the same quarter in the previous year, the company posted $0.15 earnings per share. The business’s revenue for the quarter was up 28.2% compared to the same quarter last year. On average, analysts predict that Lattice Semiconductor Co. will post 1.31 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. StockNews.com raised shares of Lattice Semiconductor from a “hold” rating to a “buy” rating in a research report on Tuesday, August 30th. Susquehanna raised their target price on shares of Lattice Semiconductor from $65.00 to $72.00 and gave the stock a “positive” rating in a report on Tuesday, August 2nd. Cowen raised their target price on shares of Lattice Semiconductor from $70.00 to $78.00 in a report on Tuesday, August 2nd. Cowen raised their target price on shares of Lattice Semiconductor from $70.00 to $78.00 in a report on Tuesday, August 2nd. Finally, Susquehanna Bancshares raised their target price on shares of Lattice Semiconductor from $65.00 to $72.00 and gave the stock a “positive” rating in a report on Tuesday, August 2nd. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $73.22.

Insider Activity at Lattice Semiconductor

In related news, SVP Glenn O’rourke sold 949 shares of the firm’s stock in a transaction that occurred on Wednesday, August 3rd. The shares were sold at an average price of $63.11, for a total transaction of $59,891.39. Following the transaction, the senior vice president now owns 10,126 shares in the company, valued at $639,051.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, SVP Glenn O’rourke sold 949 shares of the firm’s stock in a transaction that occurred on Wednesday, August 3rd. The shares were sold at an average price of $63.11, for a total transaction of $59,891.39. Following the transaction, the senior vice president now owns 10,126 shares in the company, valued at $639,051.86. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO James Robert Anderson sold 23,858 shares of the firm’s stock in a transaction that occurred on Tuesday, August 23rd. The shares were sold at an average price of $59.72, for a total transaction of $1,424,799.76. Following the transaction, the chief executive officer now owns 786,084 shares in the company, valued at approximately $46,944,936.48. The disclosure for this sale can be found here. Insiders have sold 105,683 shares of company stock worth $6,135,277 over the last quarter. 1.80% of the stock is currently owned by company insiders.

About Lattice Semiconductor

(Get Rating)

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 Certus-NX and ECP, Mach, iCE40, and CrossLink. It also provides video connectivity application specific standard products.

Featured Stories

Want to see what other hedge funds are holding LSCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lattice Semiconductor Co. (NASDAQ:LSCCGet Rating).

Institutional Ownership by Quarter for Lattice Semiconductor (NASDAQ:LSCC)

Receive News & Ratings for Lattice Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lattice Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.