Capital Impact Advisors LLC Has $851,000 Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Capital Impact Advisors LLC reduced its stake in Lattice Semiconductor Co. (NASDAQ:LSCC – Get Rating) by 18.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,793 shares of the semiconductor company’s stock after selling 2,801 shares during the period. Lattice Semiconductor comprises approximately 0.8% of Capital Impact Advisors LLC’s investment portfolio, making the stock its 20th largest position. Capital Impact Advisors LLC’s holdings in Lattice Semiconductor were worth $851,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in LSCC. PNC Financial Services Group Inc. boosted its stake in shares of Lattice Semiconductor by 29.8% in the 1st quarter. PNC Financial Services Group Inc. now owns 7,573 shares of the semiconductor company’s stock valued at $462,000 after purchasing an additional 1,737 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Lattice Semiconductor in the 1st quarter valued at approximately $122,000. Great West Life Assurance Co. Can boosted its stake in shares of Lattice Semiconductor by 8.1% in the 1st quarter. Great West Life Assurance Co. Can now owns 74,396 shares of the semiconductor company’s stock valued at $4,660,000 after purchasing an additional 5,572 shares in the last quarter. Canada Pension Plan Investment Board boosted its stake in shares of Lattice Semiconductor by 5.6% in the 1st quarter. Canada Pension Plan Investment Board now owns 35,300 shares of the semiconductor company’s stock valued at $2,151,000 after purchasing an additional 1,886 shares in the last quarter. Finally, Allianz Asset Management GmbH acquired a new stake in shares of Lattice Semiconductor in the 1st quarter valued at approximately $6,647,000. 97.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently weighed in on LSCC. Susquehanna raised their price target on shares of Lattice Semiconductor from $75.00 to $95.00 and gave the company a “positive” rating in a research note on Tuesday, February 14th. Robert W. Baird lifted their target price on shares of Lattice Semiconductor from $75.00 to $100.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 22nd. Cowen lifted their target price on shares of Lattice Semiconductor from $87.00 to $95.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 14th. Rosenblatt Securities lifted their target price on shares of Lattice Semiconductor from $95.00 to $110.00 and gave the stock a “buy” rating in a research report on Thursday, March 2nd. Finally, KeyCorp lifted their target price on shares of Lattice Semiconductor from $80.00 to $100.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 14th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, Lattice Semiconductor presently has an average rating of “Moderate Buy” and an average target price of $86.90.

Lattice Semiconductor Stock Up 3.7 %

Shares of NASDAQ LSCC opened at $92.74 on Friday. The company has a market capitalization of $12.74 billion, a P/E ratio of 72.45 and a beta of 1.30. Lattice Semiconductor Co. has a 52-week low of $43.41 and a 52-week high of $94.38. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.11 and a current ratio of 2.98. The company’s 50 day moving average price is $81.12 and its 200-day moving average price is $66.30.

Lattice Semiconductor (NASDAQ:LSCC – Get Rating) last issued its quarterly earnings results on Monday, February 13th. The semiconductor company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. The firm had revenue of $175.96 million for the quarter, compared to the consensus estimate of $174.73 million. Lattice Semiconductor had a net margin of 27.09% and a return on equity of 42.26%. The company’s revenue for the quarter was up 24.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.21 EPS. Equities analysts forecast that Lattice Semiconductor Co. will post 1.69 earnings per share for the current year.

Insider Activity

In other news, CEO James Robert Anderson sold 40,000 shares of Lattice Semiconductor stock in a transaction on Wednesday, February 22nd. The shares were sold at an average price of $82.95, for a total value of $3,318,000.00. Following the completion of the sale, the chief executive officer now owns 889,242 shares in the company, valued at approximately $73,762,623.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO James Robert Anderson sold 40,000 shares of Lattice Semiconductor stock in a transaction on Wednesday, February 22nd. The shares were sold at an average price of $82.95, for a total value of $3,318,000.00. Following the completion of the sale, the chief executive officer now owns 889,242 shares in the company, valued at approximately $73,762,623.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Glenn O’rourke sold 359 shares of Lattice Semiconductor stock in a transaction on Thursday, March 9th. The shares were sold at an average price of $90.80, for a total transaction of $32,597.20. Following the completion of the sale, the senior vice president now owns 1,790 shares of the company’s stock, valued at approximately $162,532. The disclosure for this sale can be found here. Insiders sold 119,249 shares of company stock worth $10,007,796 in the last quarter. 1.80% of the stock is owned by corporate insiders.

About Lattice Semiconductor

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Lattice Semiconductor Corp. designs, develops, and markets programmable logic products and related software. The company was founded in 1983 and is headquartered in Hillsboro, OR.