Jones Financial Companies Lllp lifted its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC – Free Report) by 88.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 790 shares of the semiconductor company’s stock after buying an additional 370 shares during the period. Jones Financial Companies Lllp’s holdings in Lattice Semiconductor were worth $45,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. UMB Bank n.a. increased its holdings in shares of Lattice Semiconductor by 67.7% during the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock worth $37,000 after buying an additional 266 shares in the last quarter. Arcadia Investment Management Corp MI acquired a new position in shares of Lattice Semiconductor during the fourth quarter worth $38,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Lattice Semiconductor during the fourth quarter worth $57,000. Brooklyn Investment Group acquired a new position in shares of Lattice Semiconductor during the third quarter worth $89,000. Finally, GAMMA Investing LLC increased its holdings in shares of Lattice Semiconductor by 27.9% during the fourth quarter. GAMMA Investing LLC now owns 2,723 shares of the semiconductor company’s stock worth $154,000 after buying an additional 594 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Lattice Semiconductor
In other news, SVP Pravin Desale sold 2,890 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $68.29, for a total transaction of $197,358.10. Following the transaction, the senior vice president now owns 93,903 shares of the company’s stock, valued at $6,412,635.87. This represents a 2.99 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Robin Ann Abrams sold 10,000 shares of the stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total transaction of $639,700.00. Following the transaction, the director now directly owns 122,538 shares in the company, valued at $7,838,755.86. This trade represents a 7.55 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,740 shares of company stock valued at $943,026 in the last 90 days. 1.80% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Report on Lattice Semiconductor
Lattice Semiconductor Trading Down 0.5 %
Shares of LSCC opened at $62.31 on Wednesday. The stock has a market capitalization of $8.59 billion, a P/E ratio of 141.62, a price-to-earnings-growth ratio of 3.03 and a beta of 1.43. The firm’s fifty day simple moving average is $59.72 and its two-hundred day simple moving average is $55.72. Lattice Semiconductor Co. has a 12 month low of $40.65 and a 12 month high of $80.47.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last released 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 return on equity of 11.22% and a net margin of 12.00%. As a group, research analysts predict that Lattice Semiconductor Co. will post 0.65 EPS for the current fiscal year.
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.
See Also
- Five stocks we like better than Lattice Semiconductor
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Arqit Stock Soars as NVIDIA’s GTC Fuels Quantum Excitement
- Investing in Travel Stocks Benefits
- 3 Must-Own Stocks to Build Wealth This Decade
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Advanced Micro Devices Eyes AI Market Growth—Is AMD a Buy?
Want to see what other hedge funds are holding LSCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lattice Semiconductor Co. (NASDAQ:LSCC – Free Report).
Receive News & Ratings for Lattice Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lattice Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.