Victory Capital Management Inc. Has $1.46 Million Stake in Lattice Semiconductor Co. (NASDAQ:LSCC)

Victory Capital Management Inc. trimmed its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 25.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,809 shares of the semiconductor company’s stock after selling 8,583 shares during the quarter. Victory Capital Management Inc.’s holdings in Lattice Semiconductor were worth $1,462,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of LSCC. UMB Bank n.a. raised its position 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 purchasing an additional 266 shares during the period. Arcadia Investment Management Corp MI acquired a new position in shares of Lattice Semiconductor during the fourth quarter worth approximately $38,000. Jones Financial Companies Lllp raised its position in shares of Lattice Semiconductor by 88.1% during the fourth quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company’s stock worth $45,000 after purchasing an additional 370 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Lattice Semiconductor during the fourth quarter worth approximately $57,000. Finally, Brooklyn Investment Group acquired a new position in shares of Lattice Semiconductor during the third quarter worth approximately $89,000. 98.08% of the stock is owned by institutional investors and hedge funds.

Lattice Semiconductor Trading Down 0.5 %

Shares of LSCC stock opened at $62.31 on Wednesday. The firm’s 50 day moving average is $59.72 and its 200 day moving average is $55.72. The stock has a market capitalization of $8.59 billion, a P/E ratio of 141.62, a PEG ratio of 3.03 and a beta of 1.43. Lattice Semiconductor Co. has a 12 month low of $40.65 and a 12 month high of $80.47.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.05 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%. On average, equities analysts predict that Lattice Semiconductor Co. will post 0.65 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts recently commented on LSCC shares. Robert W. Baird increased their price target on Lattice Semiconductor from $44.00 to $68.00 and gave the company an “outperform” rating in a research report on Wednesday, December 11th. Needham & Company LLC reissued a “buy” rating and issued a $70.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, February 11th. StockNews.com lowered Lattice Semiconductor from a “hold” rating to a “sell” rating in a research report on Tuesday, March 11th. Rosenblatt Securities reissued a “buy” rating and issued a $85.00 price target on shares of Lattice Semiconductor in a research report on Monday, February 10th. Finally, KeyCorp increased their price target on Lattice Semiconductor from $70.00 to $75.00 and gave the company an “overweight” rating in a research report on Tuesday, February 11th. Two analysts have rated the stock with a sell rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $66.25.

Insider Activity

In other news, SVP Mark Jon Nelson sold 1,850 shares of the company’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $57.28, for a total value of $105,968.00. Following the transaction, the senior vice president now owns 83,289 shares of the company’s stock, valued at approximately $4,770,793.92. This represents a 2.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Pravin Desale sold 2,890 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $68.29, for a total value of $197,358.10. Following the completion of the sale, the senior vice president now owns 93,903 shares in the company, valued at $6,412,635.87. This trade represents a 2.99 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 14,740 shares of company stock worth $943,026 over the last ninety days. Company insiders own 1.80% of the company’s stock.

Lattice Semiconductor Company 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.