1,261 Shares in Lattice Semiconductor Co. (NASDAQ:LSCC) Bought by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd bought a new stake in Lattice Semiconductor Co. (NASDAQ:LSCC) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,261 shares of the semiconductor company’s stock, valued at approximately $69,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of LSCC. UMB Bank n.a. boosted its stake in shares of Lattice Semiconductor by 67.7% in the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock valued at $37,000 after purchasing an additional 266 shares in the last quarter. Arcadia Investment Management Corp MI bought a new position in Lattice Semiconductor in the 4th quarter valued at approximately $38,000. Skandinaviska Enskilda Banken AB publ boosted its position in Lattice Semiconductor by 102.7% in the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 340 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of Lattice Semiconductor by 88.1% during the fourth quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company’s stock worth $45,000 after buying an additional 370 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Lattice Semiconductor during the fourth quarter worth $57,000. Institutional investors own 98.08% of the company’s stock.

Insider Activity

In related news, SVP Mark Jon Nelson sold 1,850 shares of the business’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $57.28, for a total value of $105,968.00. Following the completion of the sale, the senior vice president now directly owns 83,289 shares of the company’s stock, valued at $4,770,793.92. The trade was a 2.17 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Robin Ann Abrams sold 10,000 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total value of $639,700.00. Following the completion of the transaction, the director now owns 122,538 shares in the company, valued at approximately $7,838,755.86. The trade was a 7.55 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 14,740 shares of company stock worth $943,026 in the last quarter. 1.80% of the stock is owned by corporate insiders.

Lattice Semiconductor Trading Up 0.2 %

LSCC stock opened at $60.67 on Monday. The firm has a market cap of $8.36 billion, a PE ratio of 137.89, a price-to-earnings-growth ratio of 3.03 and a beta of 1.43. The stock has a 50-day moving average price of $60.05 and a 200-day moving average price of $56.07. Lattice Semiconductor Co. has a 1-year low of $40.65 and a 1-year high of $80.13.

Lattice Semiconductor (NASDAQ:LSCC) last released its earnings results on Monday, February 10th. The semiconductor company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.14). Lattice Semiconductor had a return on equity of 11.22% and a net margin of 12.00%. On average, analysts forecast that Lattice Semiconductor Co. will post 0.65 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on LSCC. StockNews.com lowered Lattice Semiconductor from a “hold” rating to a “sell” rating in a research report on Tuesday, March 11th. KeyCorp boosted their price target on Lattice Semiconductor from $70.00 to $75.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. Susquehanna raised their price objective on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company a “positive” rating in a report on Tuesday, February 11th. Rosenblatt Securities reissued a “buy” rating and set a $85.00 target price on shares of Lattice Semiconductor in a report on Monday, February 10th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $70.00 price target on shares of Lattice Semiconductor in a research note on Tuesday, February 11th. Two research analysts have rated the stock with a sell rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.25.

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.