Vanguard Personalized Indexing Management LLC Acquires 1,496 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Vanguard Personalized Indexing Management LLC grew its holdings in Lattice Semiconductor Co. (NASDAQ:LSCC) by 8.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,317 shares of the semiconductor company’s stock after purchasing an additional 1,496 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Lattice Semiconductor were worth $1,062,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in LSCC. Rokos Capital Management LLP lifted its stake in Lattice Semiconductor by 1,592.8% in the first quarter. Rokos Capital Management LLP now owns 1,212,878 shares of the semiconductor company’s stock valued at $94,896,000 after buying an additional 1,141,230 shares during the period. William Blair Investment Management LLC boosted its stake in Lattice Semiconductor by 78.7% during the first quarter. William Blair Investment Management LLC now owns 2,494,932 shares of the semiconductor company’s stock worth $195,179,000 after acquiring an additional 1,098,962 shares in the last quarter. Artisan Partners Limited Partnership grew its holdings in Lattice Semiconductor by 6.8% in the fourth quarter. Artisan Partners Limited Partnership now owns 9,544,835 shares of the semiconductor company’s stock worth $658,498,000 after purchasing an additional 611,550 shares during the period. Wellington Management Group LLP increased its stake in Lattice Semiconductor by 1,720.0% in the fourth quarter. Wellington Management Group LLP now owns 511,794 shares of the semiconductor company’s stock valued at $35,309,000 after purchasing an additional 483,673 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Lattice Semiconductor by 63.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,094,289 shares of the semiconductor company’s stock valued at $63,456,000 after purchasing an additional 426,511 shares during the period. Institutional investors own 98.08% of the company’s stock.

Insider Buying and Selling

In other Lattice Semiconductor news, CFO Sherri R. Luther sold 20,632 shares of Lattice Semiconductor 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 sale, the chief financial officer now owns 90,341 shares of the company’s stock, valued at $4,416,771.49. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CFO Sherri R. Luther sold 20,632 shares of the stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $48.89, for a total transaction of $1,008,698.48. Following the completion of the transaction, the chief financial officer now directly owns 90,341 shares of the company’s stock, valued at approximately $4,416,771.49. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Mark Jon Nelson sold 1,232 shares of Lattice Semiconductor 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 in the company, valued at approximately $730,732.62. The disclosure for this sale can be found here. 1.80% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have recently commented on LSCC shares. Susquehanna reduced their target price on Lattice Semiconductor from $85.00 to $65.00 and set a “positive” rating for the company in a research note on Tuesday, July 30th. Bank of America downgraded Lattice Semiconductor from a “neutral” rating to an “underperform” rating and decreased their price objective for the company from $83.00 to $47.00 in a report on Tuesday, July 30th. TD Cowen upgraded Lattice Semiconductor to a “strong-buy” rating in a report on Monday, September 16th. Benchmark restated a “buy” rating and set a $60.00 price target on shares of Lattice Semiconductor in a research note on Monday, September 16th. Finally, Raymond James raised shares of Lattice Semiconductor from a “market perform” rating to an “outperform” rating and set a $50.00 price objective on the stock in a research note on Thursday, August 8th. Two equities research analysts have rated the stock with a sell rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $63.08.

Lattice Semiconductor Stock Performance

NASDAQ:LSCC opened at $52.31 on Tuesday. Lattice Semiconductor Co. has a 52 week low of $40.65 and a 52 week high of $87.64. The firm has a 50-day moving average price of $49.13 and a two-hundred day moving average price of $62.41. The firm has a market cap of $7.20 billion, a price-to-earnings ratio of 33.53 and a beta of 1.38.

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