Blue Trust Inc. Sells 1,806 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Blue Trust Inc. trimmed its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 49.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,854 shares of the semiconductor company’s stock after selling 1,806 shares during the quarter. Blue Trust Inc.’s holdings in Lattice Semiconductor were worth $105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Tidal Investments LLC grew its position in shares of Lattice Semiconductor by 2.0% in the 3rd quarter. Tidal Investments LLC now owns 11,152 shares of the semiconductor company’s stock worth $592,000 after buying an additional 224 shares during the last quarter. UMB Bank n.a. grew its position in shares of Lattice Semiconductor by 67.7% in 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 last quarter. HighTower Advisors LLC grew its position in shares of Lattice Semiconductor by 7.3% in the 3rd quarter. HighTower Advisors LLC now owns 5,141 shares of the semiconductor company’s stock worth $267,000 after buying an additional 348 shares during the last quarter. Empowered Funds LLC grew its position in shares of Lattice Semiconductor by 7.5% in the 4th quarter. Empowered Funds LLC now owns 5,010 shares of the semiconductor company’s stock worth $284,000 after buying an additional 349 shares during the last quarter. Finally, Financial Advocates Investment Management lifted its stake in shares of Lattice Semiconductor by 7.4% in the 3rd quarter. Financial Advocates Investment Management now owns 5,706 shares of the semiconductor company’s stock valued at $303,000 after purchasing an additional 394 shares during the period. 98.08% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 1,850 shares of the business’s stock in a transaction dated Friday, December 6th. The stock was sold at an average price of $57.92, for a total transaction of $107,152.00. Following the completion of the sale, the senior vice president now owns 14,279 shares of the company’s stock, valued at approximately $827,039.68. The trade was a 11.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Pravin Desale sold 1,096 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $62.54, for a total value of $68,543.84. Following the sale, the senior vice president now directly owns 365 shares of the company’s stock, valued at $22,827.10. This represents a 75.02 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,051 shares of company stock valued at $499,498 over the last 90 days. Company insiders own 1.80% of the company’s stock.

Lattice Semiconductor Price Performance

LSCC stock opened at $66.75 on Friday. Lattice Semiconductor Co. has a 1-year low of $40.65 and a 1-year high of $85.69. The business has a fifty day moving average price of $58.66 and a 200-day moving average price of $53.93. The stock has a market capitalization of $9.20 billion, a P/E ratio of 151.71, a P/E/G ratio of 3.03 and a beta of 1.41.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings data on Monday, February 10th. The semiconductor company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.14). Lattice Semiconductor had a return on equity of 11.22% and a net margin of 12.00%. As a group, analysts anticipate that Lattice Semiconductor Co. will post 0.65 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on LSCC. TD Cowen lowered their target price on Lattice Semiconductor from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Raymond James lowered their target price on Lattice Semiconductor from $55.00 to $52.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. Robert W. Baird raised their target price on Lattice Semiconductor from $44.00 to $68.00 and gave the company an “outperform” rating in a research note on Wednesday, December 11th. StockNews.com upgraded Lattice Semiconductor from a “sell” rating to a “hold” rating in a research note on Friday, February 14th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $85.00 target price on shares of Lattice Semiconductor in a research note on Monday, February 10th. One analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $66.25.

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.