1 week Ago By Defense World Staff
Prudential Financial Inc. reduced its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC – Free Report) by 15.
0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 8,419 shares of the semiconductor company’s stock after selling 1,489 shares during the quarter. Prudential Financial Inc.
’s holdings in Lattice Semiconductor were worth $477,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds have also made changes to their positions in LSCC. TimesSquare Capital Management LLC grew its stake in shares of Lattice Semiconductor by 2,923.
4% during 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 during the last quarter. Raymond James Financial Inc.
purchased a new stake in Lattice Semiconductor in the fourth quarter worth about $28,325,000. Barclays PLC increased its holdings in Lattice Semiconductor by 57.5% during the third quarter.
Barclays PLC now owns 1,019,896 shares of the semiconductor company’s stock valued at $54,124,000 after buying an additional 372,301 shares during the period. Vanguard Group Inc. raised its position 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 worth $846,600,000 after acquiring an additional 229,820 shares in the last quarter.
Finally, Van ECK Associates Corp lifted its position in shares of Lattice Semiconductor by 2,000.1% during the fourth quarter. Van ECK Associates Corp now owns 157,316 shares of the semiconductor company’s stock valued at $8,912,000 after buying an additional 149,825 shares during the last quarter.
98.08% of the stock is owned by hedge funds and other institutional investors. Insider Activity at Lattice SemiconductorIn other news, SVP Pravin Desale sold 2,890 shares of the company’s stock in a transaction on Tuesday, February 18th.
The shares were sold at an average price of $68.29, for a total value of $197,358.10.
Following the completion of the transaction, the senior vice president now owns 93,903 shares in the company, valued at approximately $6,412,635.87. This represents a 2.
99 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Robin Ann Abrams sold 10,000 shares of the firm’s 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 transaction, the director now owns 122,538 shares in the company, valued at $7,838,755.86. This represents a 7.
55 % decrease in their position. The disclosure for this sale can be found here. 1.
80% of the stock is currently owned by company insiders. Lattice Semiconductor Price PerformanceShares of LSCC stock opened at $46.44 on Thursday.
The company has a market capitalization of $6.39 billion, a PE ratio of 105.55, a price-to-earnings-growth ratio of 3.
03 and a beta of 1.64. The firm’s 50-day moving average is $57.
81 and its two-hundred day moving average is $56.21. Lattice Semiconductor Co.
has a 12 month low of $34.69 and a 12 month high of $78.85.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last issued its quarterly earnings data 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%. Sell-side analysts forecast that Lattice Semiconductor Co.
will post 0.65 EPS for the current year. Analyst Ratings ChangesA number of analysts have recently weighed in on the company.
Needham & Company LLC reissued a “buy” rating and issued a $70.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, February 11th. Susquehanna raised their target price on shares of Lattice Semiconductor from $70.
00 to $75.00 and gave the stock a “positive” rating in a report on Tuesday, February 11th. Loop Capital started coverage on Lattice Semiconductor in a research report on Friday, April 4th.
They issued a “buy” rating and a $85.00 price objective on the stock. Stifel Nicolaus increased their target price on shares of Lattice Semiconductor from $65.
00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday, February 11th. Finally, KeyCorp boosted their price target on shares of Lattice Semiconductor from $70.
00 to $75.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. Two analysts have rated the stock with a sell rating, eleven have issued a buy rating and one has given a strong buy rating to the company.
Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $67.69.
Check Out Our Latest Stock Report on Lattice SemiconductorLattice 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.
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(NASDAQ:LSCC – Free Report)..
