Natixis Advisors LLC Acquires 2,857 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Natixis Advisors LLC boosted its holdings in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 14.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,428 shares of the semiconductor company’s stock after purchasing an additional 2,857 shares during the period. Natixis Advisors LLC’s holdings in Lattice Semiconductor were worth $1,271,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Skandinaviska Enskilda Banken AB publ lifted its position in shares of Lattice Semiconductor by 102.7% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company’s stock worth $38,000 after buying an additional 340 shares during the period. Vestcor Inc bought a new position in shares of Lattice Semiconductor during the fourth quarter valued at $2,408,000. Swiss National Bank boosted its stake in shares of Lattice Semiconductor by 0.7% in the 4th quarter. Swiss National Bank now owns 271,000 shares of the semiconductor company’s stock valued at $15,352,000 after purchasing an additional 2,000 shares in the last quarter. Truvestments Capital LLC boosted its stake in shares of Lattice Semiconductor by 6.8% in the 4th quarter. Truvestments Capital LLC now owns 4,295 shares of the semiconductor company’s stock valued at $243,000 after purchasing an additional 274 shares in the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of Lattice Semiconductor by 33.9% in the 4th quarter. HighTower Advisors LLC now owns 6,886 shares of the semiconductor company’s stock worth $390,000 after purchasing an additional 1,745 shares during the last quarter. 98.08% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Lattice Semiconductor news, 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 value of $639,700.00. Following the completion of the sale, the director now directly owns 122,538 shares in the company, valued at $7,838,755.86. This represents a 7.55 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Pravin Desale sold 2,890 shares of Lattice Semiconductor stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $68.29, for a total value of $197,358.10. Following the transaction, 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. Over the last three months, insiders have sold 14,740 shares of company stock worth $943,026. Company insiders own 1.80% of the company’s stock.

Lattice Semiconductor Stock Down 1.0 %

LSCC stock opened at $62.76 on Wednesday. The business’s fifty day moving average is $60.35 and its 200-day moving average is $56.36. The company has a market cap of $8.65 billion, a P/E ratio of 142.64, a price-to-earnings-growth ratio of 3.03 and a beta of 1.43. Lattice Semiconductor Co. has a twelve month low of $40.65 and a twelve month high of $80.13.

Lattice Semiconductor (NASDAQ:LSCC) last posted its earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share (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%. Research analysts anticipate that Lattice Semiconductor Co. will post 0.65 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Benchmark increased their price target on Lattice Semiconductor from $55.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th. Susquehanna increased their target price on Lattice Semiconductor from $70.00 to $75.00 and gave the stock a “positive” rating in a report on Tuesday, February 11th. Robert W. Baird lifted their price target on Lattice Semiconductor from $44.00 to $68.00 and gave the company an “outperform” rating in a report on Wednesday, December 11th. Rosenblatt Securities reissued a “buy” rating and set a $85.00 price objective on shares of Lattice Semiconductor in a report on Monday, February 10th. Finally, StockNews.com downgraded shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a research note on Tuesday, March 11th. Two equities research analysts have rated the stock with a sell rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.25.

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.