Allspring Global Investments Holdings LLC Raises Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Allspring Global Investments Holdings LLC boosted its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCCGet Rating) by 8.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,302 shares of the semiconductor company’s stock after purchasing an additional 538 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Lattice Semiconductor were worth $359,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Parallel Advisors LLC increased its holdings in Lattice Semiconductor by 55.5% during the 2nd quarter. Parallel Advisors LLC now owns 838 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 299 shares during the period. Wipfli Financial Advisors LLC purchased a new position in shares of Lattice Semiconductor in the 3rd quarter valued at about $43,000. Covestor Ltd increased its holdings in shares of Lattice Semiconductor by 164.6% in the 1st quarter. Covestor Ltd now owns 1,495 shares of the semiconductor company’s stock valued at $91,000 after acquiring an additional 930 shares during the last quarter. CWM LLC increased its holdings in shares of Lattice Semiconductor by 206.1% in the 2nd quarter. CWM LLC now owns 1,705 shares of the semiconductor company’s stock valued at $83,000 after acquiring an additional 1,148 shares during the last quarter. Finally, Fifth Third Bancorp increased its holdings in shares of Lattice Semiconductor by 20.9% in the 2nd quarter. Fifth Third Bancorp now owns 1,850 shares of the semiconductor company’s stock valued at $90,000 after acquiring an additional 320 shares during the last quarter. Hedge funds and other institutional investors own 97.09% of the company’s stock.

Lattice Semiconductor Stock Down 0.0 %

Lattice Semiconductor stock opened at $75.21 on Wednesday. Lattice Semiconductor Co. has a twelve month low of $43.41 and a twelve month high of $77.16. The stock has a 50 day moving average of $69.11 and a two-hundred day moving average of $59.81. The company has a current ratio of 3.09, a quick ratio of 2.23 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $10.31 billion, a price-to-earnings ratio of 67.76 and a beta of 1.33.

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

Analyst Ratings Changes

A number of research analysts have recently commented on the company. William Blair reiterated an “outperform” rating on shares of Lattice Semiconductor in a report on Monday, November 28th. Susquehanna Bancshares increased their price objective on Lattice Semiconductor from $72.00 to $75.00 in a report on Tuesday, November 15th. StockNews.com upgraded Lattice Semiconductor from a “hold” rating to a “buy” rating in a report on Monday. Susquehanna raised their price target on Lattice Semiconductor from $72.00 to $75.00 and gave the stock a “positive” rating in a research note on Tuesday, November 15th. Finally, Benchmark dropped their price target on Lattice Semiconductor to $60.00 in a research note on Friday, November 4th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $68.00.

Insiders Place Their Bets

In other Lattice Semiconductor news, CEO James Robert Anderson sold 26,034 shares of the stock in a transaction that occurred on Monday, December 12th. The stock was sold at an average price of $70.36, for a total transaction of $1,831,752.24. Following the completion of the sale, the chief executive officer now directly owns 758,500 shares of the company’s stock, valued at approximately $53,368,060. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 sale, the chief executive officer now directly owns 758,500 shares of the company’s stock, valued at approximately $53,368,060. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Tracy Ann Feanny sold 1,055 shares of the firm’s stock in a transaction that occurred on Monday, November 7th. The shares were sold at an average price of $52.67, for a total value of $55,566.85. Following the completion of the sale, the senior vice president now directly owns 1,557 shares of the company’s stock, valued at $82,007.19. The disclosure for this sale can be found here. In the last ninety days, insiders sold 87,014 shares of company stock valued at $5,713,954. 1.80% of the stock is owned by company insiders.

Lattice Semiconductor 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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