Janney Montgomery Scott LLC Has $292,000 Stock Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Janney Montgomery Scott LLC decreased its stake in Lattice Semiconductor Co. (NASDAQ:LSCC) by 97.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,147 shares of the semiconductor company’s stock after selling 197,327 shares during the period. Janney Montgomery Scott LLC’s holdings in Lattice Semiconductor were worth $292,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. UMB Bank n.a. grew its stake in Lattice Semiconductor by 67.7% in the fourth 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 in the last quarter. Hollencrest Capital Management bought a new position in shares of Lattice Semiconductor in the third quarter valued at $53,000. Brooklyn Investment Group bought a new position in shares of Lattice Semiconductor in the third quarter valued at $89,000. GAMMA Investing LLC increased its holdings in 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 during the last quarter. Finally, Resonant Capital Advisors LLC bought a new stake in Lattice Semiconductor during the third quarter worth $207,000. Institutional investors and hedge funds own 98.08% of the company’s stock.

Lattice Semiconductor Stock Performance

NASDAQ:LSCC opened at $58.64 on Wednesday. Lattice Semiconductor Co. has a 52 week low of $40.65 and a 52 week high of $85.69. The firm’s 50-day simple moving average is $57.83 and its 200 day simple moving average is $52.99. The firm has a market cap of $8.09 billion, a price-to-earnings ratio of 56.93 and a beta of 1.41.

Lattice Semiconductor (NASDAQ:LSCC) last announced its earnings results on Monday, February 10th. The semiconductor company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.14). Lattice Semiconductor had a return on equity of 16.84% and a net margin of 25.48%. Sell-side analysts anticipate that Lattice Semiconductor Co. will post 0.54 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on LSCC shares. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Lattice Semiconductor from $56.00 to $50.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. StockNews.com upgraded Lattice Semiconductor from a “sell” rating to a “hold” rating in a research note on Wednesday, February 5th. KeyCorp raised their price objective on Lattice Semiconductor from $70.00 to $75.00 and gave the company an “overweight” rating in a research report on Tuesday. Stifel Nicolaus boosted their target price on Lattice Semiconductor from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $70.00 price target on shares of Lattice Semiconductor in a report on Tuesday. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $66.25.

Insider Transactions at Lattice Semiconductor

In related news, SVP Mark Jon Nelson sold 1,850 shares of Lattice Semiconductor stock in a transaction that occurred 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 directly owns 83,289 shares of the company’s stock, valued at $4,770,793.92. This trade represents a 2.17 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Pravin Desale sold 4,387 shares of the company’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $50.01, for a total value of $219,393.87. Following the sale, the senior vice president now owns 365 shares of the company’s stock, valued at $18,253.65. The trade was a 92.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 11,022 shares of company stock valued at $596,502. 1.80% of the stock is owned by corporate insiders.

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.