Crossmark Global Holdings Inc. Has $521,000 Stock Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Crossmark Global Holdings Inc. cut its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 1.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,187 shares of the semiconductor company’s stock after selling 180 shares during the period. Crossmark Global Holdings Inc.’s holdings in Lattice Semiconductor were worth $521,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Tidal Investments LLC lifted its holdings in Lattice Semiconductor by 2.0% during the 3rd quarter. Tidal Investments LLC now owns 11,152 shares of the semiconductor company’s stock worth $592,000 after purchasing an additional 224 shares during the last quarter. UMB Bank n.a. increased its position in Lattice Semiconductor by 67.7% during the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock worth $37,000 after buying an additional 266 shares during the period. HighTower Advisors LLC lifted its holdings in shares of Lattice Semiconductor by 7.3% during the third quarter. HighTower Advisors LLC now owns 5,141 shares of the semiconductor company’s stock worth $267,000 after buying an additional 348 shares in the last quarter. Financial Advocates Investment Management boosted its position in shares of Lattice Semiconductor by 7.4% in the third quarter. Financial Advocates Investment Management now owns 5,706 shares of the semiconductor company’s stock valued at $303,000 after acquiring an additional 394 shares during the period. Finally, Toronto Dominion Bank grew its stake in shares of Lattice Semiconductor by 3.0% in the second quarter. Toronto Dominion Bank now owns 14,372 shares of the semiconductor company’s stock valued at $833,000 after acquiring an additional 422 shares in the last quarter. Institutional investors own 98.08% of the company’s stock.

Analyst Upgrades and Downgrades

LSCC has been the subject of several analyst reports. KeyCorp lifted their price objective on shares of Lattice Semiconductor from $54.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. Needham & Company LLC boosted their price target on Lattice Semiconductor from $56.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, December 11th. Rosenblatt Securities reissued a “buy” rating and set a $85.00 price target on shares of Lattice Semiconductor in a research report on Wednesday, December 11th. Deutsche Bank Aktiengesellschaft dropped their price objective on Lattice Semiconductor from $56.00 to $50.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Finally, Raymond James reduced their target price on Lattice Semiconductor from $55.00 to $52.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, Lattice Semiconductor presently has a consensus rating of “Moderate Buy” and a consensus price target of $64.58.

Insiders Place Their Bets

In related news, SVP Pravin Desale sold 4,387 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $50.01, for a total value of $219,393.87. Following the completion of the transaction, the senior vice president now owns 365 shares in the company, valued at $18,253.65. This trade represents a 92.32 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Mark Jon Nelson sold 1,850 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $57.28, for a total transaction of $105,968.00. Following the sale, the senior vice president now directly owns 83,289 shares in the company, valued at $4,770,793.92. The trade was a 2.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,022 shares of company stock valued at $596,502. 1.80% of the stock is currently owned by insiders.

Lattice Semiconductor Stock Down 3.8 %

Lattice Semiconductor stock opened at $57.26 on Monday. The stock has a market cap of $7.90 billion, a PE ratio of 55.59 and a beta of 1.41. Lattice Semiconductor Co. has a 12-month low of $40.65 and a 12-month high of $85.69. The business’s 50-day moving average price is $57.61 and its two-hundred day moving average price is $53.22.

Lattice Semiconductor (NASDAQ:LSCC) last announced its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.24. The company had revenue of $127.09 million for the quarter, compared to analyst estimates of $127.05 million. Lattice Semiconductor had a net margin of 25.48% and a return on equity of 16.84%. The firm’s revenue was down 33.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.41 EPS. As a group, analysts expect that Lattice Semiconductor Co. will post 0.54 earnings per share for the current year.

About Lattice Semiconductor

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.