Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Sold by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. lowered its holdings in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 3.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63,100 shares of the semiconductor company’s stock after selling 2,500 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Lattice Semiconductor were worth $4,353,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Skandinaviska Enskilda Banken AB publ grew its holdings in shares of Lattice Semiconductor by 33.2% during the third quarter. Skandinaviska Enskilda Banken AB publ now owns 42,682 shares of the semiconductor company’s stock worth $3,668,000 after buying an additional 10,650 shares during the last quarter. DekaBank Deutsche Girozentrale raised its position in Lattice Semiconductor by 286.0% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 192,390 shares of the semiconductor company’s stock worth $13,571,000 after buying an additional 142,543 shares during the last quarter. Amalgamated Bank lifted its stake in shares of Lattice Semiconductor by 8.7% in the 3rd quarter. Amalgamated Bank now owns 107,968 shares of the semiconductor company’s stock worth $9,278,000 after acquiring an additional 8,603 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Lattice Semiconductor in the 3rd quarter worth $530,000. Finally, Townsquare Capital LLC purchased a new stake in shares of Lattice Semiconductor in the third quarter valued at about $1,540,000. 98.08% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Benchmark increased their price target on shares of Lattice Semiconductor from $70.00 to $95.00 and gave the stock a “buy” rating in a report on Tuesday, January 2nd. Susquehanna reduced their price target on Lattice Semiconductor from $80.00 to $78.00 and set a “positive” rating for the company in a report on Tuesday, February 13th. Rosenblatt Securities restated a “buy” rating and set a $85.00 target price on shares of Lattice Semiconductor in a research report on Tuesday, February 13th. KeyCorp raised their price objective on shares of Lattice Semiconductor from $80.00 to $85.00 and gave the company an “overweight” rating in a research note on Tuesday, February 13th. Finally, Stifel Nicolaus lowered their target price on shares of Lattice Semiconductor from $70.00 to $67.00 and set a “hold” rating on the stock in a research report on Tuesday, February 13th. Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $87.00.

Lattice Semiconductor Trading Up 0.9 %

Shares of LSCC opened at $75.07 on Wednesday. The company has a 50-day moving average of $75.63 and a two-hundred day moving average of $69.60. The stock has a market cap of $10.33 billion, a P/E ratio of 40.58, a PEG ratio of 16.79 and a beta of 1.38. Lattice Semiconductor Co. has a 12-month low of $51.96 and a 12-month high of $98.30.

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, meeting the consensus estimate of $0.45. The business had revenue of $170.60 million for the quarter, compared to the consensus estimate of $176.15 million. Lattice Semiconductor had a return on equity of 36.07% and a net margin of 35.14%. The business’s revenue was down 3.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.38 earnings per share. As a group, analysts forecast that Lattice Semiconductor Co. will post 0.8 EPS for the current fiscal year.

Insiders Place Their Bets

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 6,318 shares of the business’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $75.14, for a total value of $474,734.52. Following the completion of the transaction, the senior vice president now directly owns 11,908 shares in the company, valued at approximately $894,767.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 14,417 shares of Lattice Semiconductor stock in a transaction on Tuesday, February 20th. The shares were sold at an average price of $71.49, for a total value of $1,030,671.33. Following the transaction, the senior vice president now owns 28,283 shares in the company, valued at approximately $2,021,951.67. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Tracy Ann Feanny sold 6,318 shares of the company’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $75.14, for a total value of $474,734.52. Following the sale, the senior vice president now owns 11,908 shares of the company’s stock, valued at $894,767.12. The disclosure for this sale can be found here. Insiders have sold 43,741 shares of company stock valued at $3,225,795 in the last ninety days. Insiders own 1.19% of the company’s stock.

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.