Lattice Semiconductor Co. (NASDAQ:LSCC) Stock Holdings Lifted by Arizona State Retirement System

Arizona State Retirement System raised its stake in Lattice Semiconductor Co. (NASDAQ:LSCC) by 0.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 37,883 shares of the semiconductor company’s stock after buying an additional 330 shares during the period. Arizona State Retirement System’s holdings in Lattice Semiconductor were worth $2,614,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Skandinaviska Enskilda Banken AB publ raised its stake in Lattice Semiconductor by 33.2% during the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 42,682 shares of the semiconductor company’s stock valued at $3,668,000 after purchasing an additional 10,650 shares during the period. Amalgamated Bank raised its stake in Lattice Semiconductor by 8.7% during the 3rd quarter. Amalgamated Bank now owns 107,968 shares of the semiconductor company’s stock valued at $9,278,000 after purchasing an additional 8,603 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new stake in Lattice Semiconductor during the 3rd quarter valued at $530,000. Townsquare Capital LLC acquired a new stake in Lattice Semiconductor during the 3rd quarter valued at $1,540,000. Finally, Assenagon Asset Management S.A. raised its stake in Lattice Semiconductor by 770.5% during the 4th quarter. Assenagon Asset Management S.A. now owns 48,019 shares of the semiconductor company’s stock valued at $3,313,000 after purchasing an additional 42,503 shares during the period. Institutional investors own 98.08% of the company’s stock.

Insider Buying and Selling

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 6,318 shares of the company’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $75.14, for a total transaction of $474,734.52. Following the completion of the sale, the senior vice president now directly owns 11,908 shares in the company, valued at $894,767.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 6,318 shares of the company’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $75.14, for a total transaction of $474,734.52. Following the completion of the sale, the senior vice president now directly owns 11,908 shares in the company, valued at $894,767.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Sherri R. Luther sold 23,006 shares of the company’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $74.78, for a total transaction of $1,720,388.68. Following the sale, the chief financial officer now owns 124,116 shares of the company’s stock, valued at $9,281,394.48. The disclosure for this sale can be found here. Over the last three months, insiders sold 43,741 shares of company stock worth $3,225,795. Corporate insiders own 1.19% of the company’s stock.

Lattice Semiconductor Trading Down 2.4 %

Shares of NASDAQ:LSCC opened at $75.74 on Thursday. The stock has a market capitalization of $10.42 billion, a PE ratio of 40.94, a P/E/G ratio of 17.09 and a beta of 1.38. Lattice Semiconductor Co. has a 1 year low of $51.96 and a 1 year high of $98.30. The firm has a fifty day moving average price of $74.81 and a 200 day moving average price of $69.87.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings data on Monday, February 12th. The semiconductor company reported $0.45 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.45. The firm had revenue of $170.60 million during the quarter, compared to analysts’ expectations of $176.15 million. Lattice Semiconductor had a net margin of 35.14% and a return on equity of 36.07%. Lattice Semiconductor’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.38 earnings per share. On average, sell-side analysts forecast that Lattice Semiconductor Co. will post 0.8 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Needham & Company LLC reissued a “buy” rating and set a $75.00 target price on shares of Lattice Semiconductor in a research note on Tuesday, February 13th. Benchmark boosted their target price on shares of Lattice Semiconductor from $70.00 to $95.00 and gave the company a “buy” rating in a research note on Tuesday, January 2nd. Susquehanna dropped their price target on shares of Lattice Semiconductor from $80.00 to $78.00 and set a “positive” rating on the stock in a research note on Tuesday, February 13th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $85.00 price target on shares of Lattice Semiconductor in a research note on Tuesday, February 13th. Finally, KeyCorp upped their price target on shares of Lattice Semiconductor from $80.00 to $85.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 13th. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $87.00.

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.