Kohmann Bosshard Financial Services LLC purchased a new position in Lattice Semiconductor Co. (NASDAQ:LSCC – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,000 shares of the semiconductor company’s stock, valued at approximately $57,000.
Other institutional investors also recently added to or reduced their stakes in the company. UMB Bank n.a. lifted its position in shares of Lattice Semiconductor by 67.7% during the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock worth $37,000 after buying an additional 266 shares during the last quarter. Arcadia Investment Management Corp MI purchased a new stake in shares of Lattice Semiconductor during the 4th quarter worth approximately $38,000. Hollencrest Capital Management purchased a new stake in shares of Lattice Semiconductor during the 3rd quarter worth approximately $53,000. Brooklyn Investment Group purchased a new stake in shares of Lattice Semiconductor during the 3rd quarter worth approximately $89,000. Finally, GAMMA Investing LLC lifted its position in shares of Lattice Semiconductor by 27.9% during the 4th quarter. GAMMA Investing LLC now owns 2,723 shares of the semiconductor company’s stock worth $154,000 after buying an additional 594 shares during the last quarter. Hedge funds and other institutional investors own 98.08% of the company’s stock.
Insider Activity at Lattice Semiconductor
In related news, SVP Pravin Desale sold 1,096 shares of Lattice Semiconductor stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $62.54, for a total transaction of $68,543.84. Following the sale, the senior vice president now directly owns 365 shares in the company, valued at $22,827.10. The trade was a 75.02 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robin Ann Abrams sold 10,000 shares of Lattice Semiconductor stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $63.97, for a total transaction of $639,700.00. Following the sale, the director now owns 122,538 shares in the company, valued at approximately $7,838,755.86. This represents a 7.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 17,686 shares of company stock worth $1,118,722 over the last ninety days. 1.80% of the stock is currently owned by corporate insiders.
Lattice Semiconductor Stock Performance
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last announced its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.14). Lattice Semiconductor had a net margin of 12.00% and a return on equity of 11.22%. Analysts predict that Lattice Semiconductor Co. will post 0.65 EPS for the current year.
Analyst Ratings Changes
A number of equities analysts have recently commented on LSCC shares. Susquehanna lifted their target price 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. Robert W. Baird boosted their target price on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 11th. KeyCorp boosted their target price on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 11th. Rosenblatt Securities reiterated a “buy” rating and issued a $85.00 price objective on shares of Lattice Semiconductor in a research report on Monday, February 10th. Finally, Needham & Company LLC restated a “buy” rating and issued a $70.00 target price on shares of Lattice Semiconductor in a report 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, the company presently has a consensus rating of “Moderate Buy” and an average price target of $66.25.
Check Out Our Latest Research Report on LSCC
Lattice Semiconductor Company Profile
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.
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