Blair William & Co. IL Buys 2,433 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Blair William & Co. IL raised its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 5.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 44,987 shares of the semiconductor company’s stock after purchasing an additional 2,433 shares during the period. Blair William & Co. IL’s holdings in Lattice Semiconductor were worth $2,609,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Rise Advisors LLC bought a new position in shares of Lattice Semiconductor during the 1st quarter valued at approximately $30,000. Principal Securities Inc. bought a new position in shares of Lattice Semiconductor in the fourth quarter worth approximately $31,000. West Oak Capital LLC increased its stake in shares of Lattice Semiconductor by 220.0% in the second quarter. West Oak Capital LLC now owns 800 shares of the semiconductor company’s stock worth $46,000 after purchasing an additional 550 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Lattice Semiconductor by 82.4% during the 1st quarter. GAMMA Investing LLC now owns 737 shares of the semiconductor company’s stock valued at $58,000 after purchasing an additional 333 shares during the period. Finally, Blue Trust Inc. lifted its stake in shares of Lattice Semiconductor by 186.5% during the 2nd quarter. Blue Trust Inc. now owns 1,149 shares of the semiconductor company’s stock valued at $67,000 after buying an additional 748 shares in the last quarter. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Susquehanna decreased their price target on Lattice Semiconductor from $85.00 to $65.00 and set a “positive” rating on the stock in a report on Tuesday, July 30th. Raymond James raised Lattice Semiconductor from a “market perform” rating to an “outperform” rating and set a $50.00 price target on the stock in a report on Thursday, August 8th. Deutsche Bank Aktiengesellschaft dropped their price target on Lattice Semiconductor from $82.00 to $56.00 and set a “buy” rating for the company in a research note on Tuesday, July 30th. KeyCorp reduced their price objective on shares of Lattice Semiconductor from $85.00 to $60.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 30th. Finally, Rosenblatt Securities restated a “buy” rating and set a $85.00 target price on shares of Lattice Semiconductor in a research report on Tuesday, July 30th. Two research analysts have rated the stock with a sell rating, ten have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Lattice Semiconductor has a consensus rating of “Moderate Buy” and an average price target of $63.08.

Insider Activity

In related news, SVP Mark Jon Nelson sold 1,232 shares of the firm’s stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $48.98, for a total transaction of $60,343.36. Following the completion of the sale, the senior vice president now directly owns 14,919 shares of the company’s stock, valued at approximately $730,732.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CFO Sherri R. Luther sold 20,632 shares of the company’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $48.89, for a total value of $1,008,698.48. Following the transaction, the chief financial officer now directly owns 90,341 shares in the company, valued at $4,416,771.49. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Mark Jon Nelson sold 1,232 shares of the firm’s stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $48.98, for a total transaction of $60,343.36. Following the completion of the transaction, the senior vice president now directly owns 14,919 shares in the company, valued at approximately $730,732.62. The disclosure for this sale can be found here. Insiders own 1.80% of the company’s stock.

Lattice Semiconductor Price Performance

Shares of LSCC stock opened at $52.82 on Monday. The company has a market cap of $7.27 billion, a PE ratio of 33.86 and a beta of 1.38. The stock’s 50 day simple moving average is $49.28 and its two-hundred day simple moving average is $62.63. Lattice Semiconductor Co. has a 1 year low of $40.65 and a 1 year high of $87.64.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings data on Monday, July 29th. The semiconductor company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). Lattice Semiconductor had a net margin of 30.26% and a return on equity of 23.39%. The firm had revenue of $124.08 million for the quarter, compared to the consensus estimate of $130.17 million. During the same quarter last year, the firm earned $0.40 EPS. The company’s revenue was down 34.7% on a year-over-year basis. Equities research analysts expect that Lattice Semiconductor Co. will post 0.59 EPS for the current year.

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.