US Bancorp DE Buys 800 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

US Bancorp DE grew its holdings in Lattice Semiconductor Co. (NASDAQ:LSCC) by 2.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 28,111 shares of the semiconductor company’s stock after buying an additional 800 shares during the quarter. US Bancorp DE’s holdings in Lattice Semiconductor were worth $1,592,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. UMB Bank n.a. boosted its stake 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 valued at $37,000 after purchasing an additional 266 shares during the last quarter. Arcadia Investment Management Corp MI bought a new position in Lattice Semiconductor during the 4th quarter worth approximately $38,000. Hollencrest Capital Management acquired a new stake in Lattice Semiconductor during the 3rd quarter worth approximately $53,000. Brooklyn Investment Group acquired a new stake in Lattice Semiconductor during the 3rd quarter worth approximately $89,000. Finally, GAMMA Investing LLC raised its holdings in Lattice Semiconductor by 27.9% during the 4th quarter. GAMMA Investing LLC now owns 2,723 shares of the semiconductor company’s stock worth $154,000 after buying an additional 594 shares during the period. Institutional investors and hedge funds own 98.08% of the company’s stock.

Insider Transactions at Lattice Semiconductor

In related news, SVP Pravin Desale sold 1,096 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $62.54, for a total transaction of $68,543.84. Following the completion of the transaction, the senior vice president now owns 365 shares in the company, valued at $22,827.10. This represents a 75.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robin Ann Abrams sold 10,000 shares of the stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total value of $639,700.00. Following the completion of the transaction, the director now owns 122,538 shares of the company’s stock, valued at approximately $7,838,755.86. This trade represents a 7.55 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 15,836 shares of company stock valued at $1,011,570. 1.80% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have recently commented on LSCC. Susquehanna boosted their price objective on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock a “positive” rating in a research report on Tuesday, February 11th. StockNews.com lowered shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a research report on Friday, February 28th. Stifel Nicolaus increased their price objective on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. Robert W. Baird upped their price target on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the company an “outperform” rating in a research note on Wednesday, December 11th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $70.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, February 11th. Two research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $66.25.

Lattice Semiconductor Trading Up 4.6 %

Shares of NASDAQ:LSCC opened at $63.78 on Friday. The stock has a market cap of $8.79 billion, a PE ratio of 144.96, a price-to-earnings-growth ratio of 3.03 and a beta of 1.43. Lattice Semiconductor Co. has a 1-year low of $40.65 and a 1-year high of $84.40. The stock’s fifty day simple moving average is $59.18 and its two-hundred day simple moving average is $55.02.

Lattice Semiconductor (NASDAQ:LSCC) last announced its quarterly earnings data on Monday, February 10th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.14). Lattice Semiconductor had a net margin of 12.00% and a return on equity of 11.22%. On average, sell-side analysts forecast that Lattice Semiconductor Co. will post 0.65 earnings per share for the current fiscal 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.