Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Acquired by Stephens Investment Management Group LLC

Stephens Investment Management Group LLC lifted its stake in Lattice Semiconductor Co. (NASDAQ:LSCC) by 12.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 878,367 shares of the semiconductor company’s stock after purchasing an additional 98,096 shares during the period. Stephens Investment Management Group LLC’s holdings in Lattice Semiconductor were worth $49,759,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Eagle Asset Management Inc. increased its stake in shares of Lattice Semiconductor by 9.4% in the 3rd quarter. Eagle Asset Management Inc. now owns 452,170 shares of the semiconductor company’s stock worth $24,657,000 after acquiring an additional 38,826 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of Lattice Semiconductor by 280.3% in the second quarter. Cetera Investment Advisers now owns 17,958 shares of the semiconductor company’s stock valued at $1,041,000 after purchasing an additional 13,236 shares during the period. Pier Capital LLC increased its position in Lattice Semiconductor by 114.7% during the third quarter. Pier Capital LLC now owns 161,505 shares of the semiconductor company’s stock worth $8,571,000 after purchasing an additional 86,276 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in Lattice Semiconductor during the third quarter worth about $1,314,000. Finally, Roubaix Capital LLC acquired a new position in Lattice Semiconductor in the 3rd quarter valued at about $5,794,000. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Insiders Place Their Bets

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 1,474 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $50.86, for a total value of $74,967.64. Following the sale, the senior vice president now directly owns 13,909 shares of the company’s stock, valued at approximately $707,411.74. This represents a 9.58 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Mark Jon Nelson sold 1,850 shares of Lattice Semiconductor stock in a transaction on Friday, December 6th. The stock was sold at an average price of $57.92, for a total transaction of $107,152.00. Following the sale, the senior vice president now directly owns 14,279 shares of the company’s stock, valued at approximately $827,039.68. This trade represents a 11.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 11,022 shares of company stock worth $596,502 in the last quarter. 1.80% of the stock is owned by company insiders.

Lattice Semiconductor Stock Down 1.6 %

Shares of LSCC stock opened at $53.29 on Friday. Lattice Semiconductor Co. has a 52 week low of $40.65 and a 52 week high of $85.69. The firm has a 50 day moving average of $57.91 and a two-hundred day moving average of $53.03. The stock has a market capitalization of $7.35 billion, a PE ratio of 51.74 and a beta of 1.41.

Analysts Set New Price Targets

A number of analysts have recently issued reports on LSCC shares. Raymond James cut their price target on shares of Lattice Semiconductor from $55.00 to $52.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. Rosenblatt Securities restated a “buy” rating and issued a $85.00 target price on shares of Lattice Semiconductor in a research report on Wednesday, December 11th. StockNews.com upgraded Lattice Semiconductor from a “sell” rating to a “hold” rating in a report on Wednesday. Needham & Company LLC boosted their price objective on shares of Lattice Semiconductor from $56.00 to $70.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Finally, TD Cowen lowered their target price on shares of Lattice Semiconductor from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. One analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, Lattice Semiconductor has an average rating of “Moderate Buy” and a consensus price target of $64.58.

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.