Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Sold by Inspire Investing LLC

Inspire Investing LLC lessened its holdings in Lattice Semiconductor Co. (NASDAQ:LSCC) by 3.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,279 shares of the semiconductor company’s stock after selling 847 shares during the quarter. Inspire Investing LLC’s holdings in Lattice Semiconductor were worth $1,408,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in LSCC. Hsbc Holdings PLC grew its position in Lattice Semiconductor by 222.0% during the second quarter. Hsbc Holdings PLC now owns 206,149 shares of the semiconductor company’s stock worth $11,948,000 after buying an additional 142,137 shares during the period. Blair William & Co. IL boosted its stake in shares of Lattice Semiconductor by 5.7% during the 2nd quarter. Blair William & Co. IL now owns 44,987 shares of the semiconductor company’s stock worth $2,609,000 after acquiring an additional 2,433 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Lattice Semiconductor by 8.9% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 18,317 shares of the semiconductor company’s stock worth $1,062,000 after acquiring an additional 1,496 shares during the period. Dimensional Fund Advisors LP increased its stake in Lattice Semiconductor by 63.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,094,289 shares of the semiconductor company’s stock valued at $63,456,000 after purchasing an additional 426,511 shares in the last quarter. Finally, Plato Investment Management Ltd purchased a new position in Lattice Semiconductor in the 2nd quarter valued at approximately $227,000. Institutional investors and hedge funds own 98.08% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on LSCC shares. TD Cowen upgraded shares of Lattice Semiconductor to a “strong-buy” rating in a research report on Monday. KeyCorp reduced their price target on shares of Lattice Semiconductor from $85.00 to $60.00 and set an “overweight” rating on the stock in a report on Tuesday, July 30th. Stifel Nicolaus raised shares of Lattice Semiconductor from a “hold” rating to a “buy” rating and set a $55.00 price objective for the company in a research note on Tuesday. Deutsche Bank Aktiengesellschaft cut their price objective on Lattice Semiconductor from $82.00 to $56.00 and set a “buy” rating for the company in a research report on Tuesday, July 30th. Finally, Susquehanna lowered their target price on Lattice Semiconductor from $85.00 to $65.00 and set a “positive” rating on the stock in a report on Tuesday, July 30th. Two investment analysts have rated the stock with a sell rating, ten have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $63.08.

Insider Activity

In related news, SVP Mark Jon Nelson sold 1,232 shares of the firm’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $48.98, for a total value of $60,343.36. Following the sale, the senior vice president now directly owns 14,919 shares of the company’s stock, valued at $730,732.62. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, SVP Mark Jon Nelson sold 1,232 shares of the stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $48.98, for a total value of $60,343.36. Following the transaction, the senior vice president now directly owns 14,919 shares of the company’s stock, valued at approximately $730,732.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Sherri R. Luther sold 20,632 shares of Lattice Semiconductor stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $48.89, for a total value of $1,008,698.48. Following the completion of the transaction, the chief financial officer now owns 90,341 shares in the company, valued at approximately $4,416,771.49. The disclosure for this sale can be found here. Corporate insiders own 1.80% of the company’s stock.

Lattice Semiconductor Stock Performance

Shares of LSCC opened at $54.26 on Friday. Lattice Semiconductor Co. has a fifty-two week low of $40.65 and a fifty-two week high of $87.64. The company has a market capitalization of $7.46 billion, a PE ratio of 34.78 and a beta of 1.38. The stock has a fifty day moving average of $49.43 and a two-hundred day moving average of $63.04.

Lattice Semiconductor (NASDAQ:LSCC) last released its earnings results on Monday, July 29th. The semiconductor company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.01). Lattice Semiconductor had a net margin of 30.26% and a return on equity of 23.39%. The business had revenue of $124.08 million during the quarter, compared to analyst estimates of $130.17 million. During the same quarter in the previous year, the company posted $0.40 earnings per share. The business’s revenue for the quarter was down 34.7% compared to the same quarter last year. As a group, equities research analysts forecast that Lattice Semiconductor Co. will post 0.59 earnings per share for the current fiscal year.

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.