Great West Life Assurance Co. Can Sells 1,366 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Great West Life Assurance Co. Can trimmed its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCCGet Rating) by 1.6% during the third quarter, HoldingsChannel.com reports. The firm owned 83,157 shares of the semiconductor company’s stock after selling 1,366 shares during the quarter. Great West Life Assurance Co. Can’s holdings in Lattice Semiconductor were worth $4,089,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Woodline Partners LP increased its stake in Lattice Semiconductor by 1,267.7% in the 2nd quarter. Woodline Partners LP now owns 204,820 shares of the semiconductor company’s stock worth $9,934,000 after acquiring an additional 189,844 shares during the last quarter. Laurion Capital Management LP bought a new position in Lattice Semiconductor in the 2nd quarter worth about $882,000. Principal Financial Group Inc. increased its stake in Lattice Semiconductor by 14.5% in the 2nd quarter. Principal Financial Group Inc. now owns 546,103 shares of the semiconductor company’s stock worth $26,486,000 after acquiring an additional 69,088 shares during the last quarter. Millennium Management LLC increased its stake in Lattice Semiconductor by 453.3% in the 2nd quarter. Millennium Management LLC now owns 1,329,526 shares of the semiconductor company’s stock worth $64,482,000 after acquiring an additional 1,089,216 shares during the last quarter. Finally, Verition Fund Management LLC increased its stake in Lattice Semiconductor by 159.3% in the 2nd quarter. Verition Fund Management LLC now owns 13,422 shares of the semiconductor company’s stock worth $651,000 after acquiring an additional 8,245 shares during the last quarter. 97.09% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CEO James Robert Anderson sold 26,034 shares of the firm’s stock in a transaction that occurred on Monday, December 12th. The stock was sold at an average price of $70.36, for a total value of $1,831,752.24. Following the completion of the transaction, the chief executive officer now owns 758,500 shares in the company, valued at approximately $53,368,060. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CEO James Robert Anderson sold 26,034 shares of the firm’s stock in a transaction that occurred on Monday, December 12th. The stock was sold at an average price of $70.36, for a total value of $1,831,752.24. Following the completion of the transaction, the chief executive officer now owns 758,500 shares in the company, valued at approximately $53,368,060. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Sherri R. Luther sold 10,870 shares of the firm’s stock in a transaction that occurred on Wednesday, November 9th. The shares were sold at an average price of $53.64, for a total value of $583,066.80. Following the completion of the transaction, the chief financial officer now owns 131,702 shares of the company’s stock, valued at approximately $7,064,495.28. The disclosure for this sale can be found here. In the last 90 days, insiders sold 87,014 shares of company stock worth $5,713,954. 1.80% of the stock is currently owned by company insiders.

Lattice Semiconductor Trading Up 3.2 %

Shares of LSCC stock opened at $72.48 on Monday. Lattice Semiconductor Co. has a 1-year low of $43.41 and a 1-year high of $76.47. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.09 and a quick ratio of 2.23. The business has a 50-day moving average of $68.79 and a 200 day moving average of $59.44. The stock has a market capitalization of $9.93 billion, a PE ratio of 65.30 and a beta of 1.33.

Lattice Semiconductor (NASDAQ:LSCCGet Rating) last released its quarterly earnings data on Monday, October 31st. The semiconductor company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.02. Lattice Semiconductor had a return on equity of 38.63% and a net margin of 24.83%. The business had revenue of $172.51 million during the quarter, compared to analysts’ expectations of $166.27 million. During the same quarter last year, the business posted $0.20 EPS. The business’s revenue was up 30.8% on a year-over-year basis. As a group, sell-side analysts anticipate that Lattice Semiconductor Co. will post 1.37 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have weighed in on LSCC. Susquehanna Bancshares upped their target price on Lattice Semiconductor from $72.00 to $75.00 in a research note on Tuesday, November 15th. Craig Hallum reduced their price objective on Lattice Semiconductor from $58.00 to $50.00 and set a “hold” rating on the stock in a research report on Tuesday, November 1st. William Blair reiterated an “outperform” rating on shares of Lattice Semiconductor in a research report on Monday, November 28th. Susquehanna increased their price objective on Lattice Semiconductor from $72.00 to $75.00 and gave the company a “positive” rating in a research report on Tuesday, November 15th. Finally, Benchmark reduced their price objective on Lattice Semiconductor to $60.00 in a research report on Friday, November 4th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $68.00.

Lattice Semiconductor Company Profile

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Lattice Semiconductor Corp. designs, develops and markets programmable logic products and related software. The company includes semiconductor devices, evaluation boards, development hardware, and related intellectual property licensing, services, and sales. It provides smart connectivity solutions powered by its low power FPGA, video ASSP, millimeter wave, and IP products to the consumer, communications, industrial, computing, and automotive markets.

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

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