1 week Ago By ABMN Staff
California Public Employees Retirement System trimmed its position in Lattice Semiconductor Co. ( NASDAQ:LSCC – Free Report ) by 8.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).
The fund owned 186,474 shares of the semiconductor company’s stock after selling 16,136 shares during the quarter. California Public Employees Retirement System’s holdings in Lattice Semiconductor were worth $10,564,000 at the end of the most recent reporting period. Several other institutional investors have also added to or reduced their stakes in LSCC.
Norges Bank bought a new position in shares of Lattice Semiconductor in the 4th quarter valued at $88,674,000. TimesSquare Capital Management LLC boosted its stake in Lattice Semiconductor by 2,923.4% in the fourth quarter.
TimesSquare Capital Management LLC now owns 1,523,545 shares of the semiconductor company’s stock valued at $86,309,000 after buying an additional 1,473,154 shares in the last quarter. Raymond James Financial Inc. bought a new position in Lattice Semiconductor in the fourth quarter valued at about $28,325,000.
Barclays PLC lifted its holdings in shares of Lattice Semiconductor by 57.5% in the third quarter. Barclays PLC now owns 1,019,896 shares of the semiconductor company’s stock worth $54,124,000 after acquiring an additional 372,301 shares during the last quarter.
Finally, Vanguard Group Inc. boosted its stake in shares of Lattice Semiconductor by 1.6% in the 4th quarter.
Vanguard Group Inc. now owns 14,944,397 shares of the semiconductor company’s stock valued at $846,600,000 after purchasing an additional 229,820 shares in the last quarter. 98.
08% of the stock is currently owned by institutional investors and hedge funds. Lattice Semiconductor Stock Performance NASDAQ:LSCC opened at $39.03 on Monday.
Lattice Semiconductor Co. has a fifty-two week low of $38.72 and a fifty-two week high of $78.
85. The company has a 50 day simple moving average of $59.29 and a two-hundred day simple moving average of $56.
66. The company has a market capitalization of $5.37 billion, a PE ratio of 88.
71, a P/E/G ratio of 3.03 and a beta of 1.64.
Wall Street Analysts Forecast Growth A number of equities analysts recently issued reports on LSCC shares. Robert W. Baird upped their price objective 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. Needham & Company LLC reiterated a “buy” rating and issued a $70.
00 price target on shares of Lattice Semiconductor in a research note on Tuesday, February 11th. Stifel Nicolaus raised their price objective on Lattice Semiconductor from $65.00 to $70.
00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Loop Capital initiated coverage on Lattice Semiconductor in a report on Friday. They issued a “buy” rating and a $85.
00 target price for the company. Finally, KeyCorp lifted their price target on Lattice Semiconductor from $70.00 to $75.
00 and gave the company an “overweight” rating in a research note on Tuesday, February 11th. Two equities research analysts have rated the stock with a sell rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.
com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.69. Read Our Latest Report on Lattice Semiconductor Insider Transactions at Lattice Semiconductor In related news, SVP Pravin Desale sold 2,890 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th.
The stock was sold at an average price of $68.29, for a total transaction of $197,358.10.
Following the completion of the sale, the senior vice president now owns 93,903 shares of the company’s stock, valued at $6,412,635.87. This trade represents a 2.
99 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website . Also, Director Robin Ann Abrams sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th.
The shares were 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 directly owns 122,538 shares in the company, valued at approximately $7,838,755.86. This trade represents a 7.
55 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Corporate insiders own 1.
80% of the company’s stock. Lattice Semiconductor Company Profile ( Free Report ) 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. Featured Articles Want to see what other hedge funds are holding LSCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lattice Semiconductor Co.
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