Aberdeen Group plc grew its holdings in Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) by 1.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 412,670 shares of the semiconductor company’s stock after purchasing an additional 6,080 shares during the quarter. Aberdeen Group plc’s holdings in Lattice Semiconductor were worth $30,364,000 as of its most recent filing with the SEC.
Several other large investors also recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Lattice Semiconductor by 1.3% in the third quarter. Vanguard Group Inc. now owns 14,986,677 shares of the semiconductor company’s stock valued at $1,098,823,000 after buying an additional 189,147 shares during the last quarter. Invesco Ltd. grew its holdings in Lattice Semiconductor by 177.3% during the 3rd quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company’s stock worth $445,538,000 after acquiring an additional 3,885,482 shares during the last quarter. Artisan Partners Limited Partnership increased its position in Lattice Semiconductor by 3.6% in the 3rd quarter. Artisan Partners Limited Partnership now owns 4,872,084 shares of the semiconductor company’s stock valued at $357,221,000 after acquiring an additional 169,790 shares in the last quarter. State Street Corp increased its position in Lattice Semiconductor by 1.8% in the 2nd quarter. State Street Corp now owns 4,852,380 shares of the semiconductor company’s stock valued at $237,718,000 after acquiring an additional 85,973 shares in the last quarter. Finally, Capital Research Global Investors raised its stake in shares of Lattice Semiconductor by 66.4% in the third quarter. Capital Research Global Investors now owns 4,597,217 shares of the semiconductor company’s stock worth $337,068,000 after acquiring an additional 1,834,440 shares during the last quarter. Institutional investors own 98.08% of the company’s stock.
Lattice Semiconductor Price Performance
Shares of NASDAQ:LSCC opened at $95.02 on Friday. The stock has a market cap of $13.01 billion, a price-to-earnings ratio of 4,753.38, a P/E/G ratio of 3.48 and a beta of 1.66. The company has a 50 day moving average of $91.92 and a 200-day moving average of $79.94. Lattice Semiconductor Corporation has a one year low of $34.69 and a one year high of $108.08.
Analyst Upgrades and Downgrades
Several analysts have recently commented on the stock. Jefferies Financial Group increased their price target on shares of Lattice Semiconductor from $85.00 to $135.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $90.00 price objective on shares of Lattice Semiconductor in a research report on Wednesday, February 4th. Needham & Company LLC upped their price objective on Lattice Semiconductor from $90.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Weiss Ratings lowered Lattice Semiconductor from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, February 17th. Finally, Zacks Research raised Lattice Semiconductor from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $102.64.
View Our Latest Stock Report on LSCC
Insider Buying and Selling
In related news, Director James P. Lederer sold 5,000 shares of the company’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $96.96, for a total value of $484,800.00. Following the completion of the sale, the director owned 50,550 shares in the company, valued at approximately $4,901,328. This represents a 9.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Ford Tamer sold 3,544 shares of the stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $90.63, for a total value of $321,192.72. Following the completion of the transaction, the chief executive officer directly owned 281,883 shares in the company, valued at $25,547,056.29. The trade was a 1.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 45,614 shares of company stock worth $4,346,028 over the last 90 days. 1.80% of the stock is currently owned by corporate insiders.
Lattice Semiconductor Company Profile
Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company’s product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice’s solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.
The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.
Featured Stories
Want to see what other hedge funds are holding LSCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report).
Receive News & Ratings for Lattice Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lattice Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.
