Raymond James & Associates Has $2.71 Million Stake in Lattice Semiconductor Co. (NASDAQ:LSCC)

Raymond James & Associates trimmed its position in Lattice Semiconductor Co. (NASDAQ:LSCC) by 3.8% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 51,119 shares of the semiconductor company’s stock after selling 2,014 shares during the period. Raymond James & Associates’ holdings in Lattice Semiconductor were worth $2,713,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of LSCC. Rokos Capital Management LLP boosted its position in Lattice Semiconductor by 1,592.8% in the 1st 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 last quarter. William Blair Investment Management LLC lifted its holdings 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. Dimensional Fund Advisors LP lifted its holdings in 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 worth $63,456,000 after acquiring an additional 426,511 shares in the last quarter. Clearbridge Investments LLC raised its stake in shares of Lattice Semiconductor by 19.3% in the 2nd quarter. Clearbridge Investments LLC now owns 1,822,190 shares of the semiconductor company’s stock valued at $105,669,000 after purchasing an additional 294,290 shares during the period. Finally, TD Asset Management Inc raised its stake in shares of Lattice Semiconductor by 34.8% in the 1st quarter. TD Asset Management Inc now owns 993,346 shares of the semiconductor company’s stock valued at $77,709,000 after purchasing an additional 256,405 shares during the period. 98.08% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on LSCC shares. Bank of America downgraded Lattice Semiconductor from a “neutral” rating to an “underperform” rating and lowered their target price for the company from $83.00 to $47.00 in a research report on Tuesday, July 30th. Stifel Nicolaus upgraded Lattice Semiconductor from a “hold” rating to a “buy” rating and set a $55.00 price target for the company in a research note on Tuesday, September 17th. StockNews.com cut Lattice Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday, August 3rd. TD Cowen upgraded shares of Lattice Semiconductor to a “strong-buy” rating in a research report on Monday, September 16th. Finally, Needham & Company LLC restated a “buy” rating and set a $61.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, September 17th. Two investment analysts have rated the stock with a sell rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $63.08.

Lattice Semiconductor Stock Down 0.7 %

Lattice Semiconductor stock opened at $51.89 on Tuesday. Lattice Semiconductor Co. has a 52 week low of $40.65 and a 52 week high of $85.69. The company’s 50 day moving average price is $50.15 and its two-hundred day moving average price is $57.27. The stock has a market cap of $7.15 billion, a P/E ratio of 38.15 and a beta of 1.39.

Insider Buying and Selling

In related news, CFO Sherri R. Luther sold 20,632 shares of Lattice Semiconductor stock in a transaction that occurred on 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 completion of the transaction, the chief financial officer now directly owns 90,341 shares in the company, valued at approximately $4,416,771.49. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, SVP Mark Jon Nelson sold 1,232 shares of the company’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $48.98, for a total value 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 trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Sherri R. Luther sold 20,632 shares of the company’s stock in a transaction on Tuesday, August 20th. The stock was 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 owns 90,341 shares of the company’s stock, valued at $4,416,771.49. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by insiders.

Lattice Semiconductor 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.