Avior Wealth Management LLC Invests $210,000 in Lattice Semiconductor Co. (NASDAQ:LSCC)

Avior Wealth Management LLC acquired a new position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) in the 4th quarter, Holdings Channel reports. The fund acquired 3,045 shares of the semiconductor company’s stock, valued at approximately $210,000.

Several other institutional investors have also modified their holdings of the stock. FMR LLC lifted its position in shares of Lattice Semiconductor by 5.9% during the 3rd quarter. FMR LLC now owns 14,492,684 shares of the semiconductor company’s stock worth $1,245,356,000 after buying an additional 807,562 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Lattice Semiconductor by 3.4% during the 3rd quarter. Vanguard Group Inc. now owns 13,796,609 shares of the semiconductor company’s stock worth $678,932,000 after buying an additional 451,263 shares during the last quarter. State Street Corp lifted its position in shares of Lattice Semiconductor by 14.7% during the 2nd quarter. State Street Corp now owns 4,869,235 shares of the semiconductor company’s stock worth $467,787,000 after buying an additional 623,216 shares during the last quarter. Invesco Ltd. lifted its position in shares of Lattice Semiconductor by 7.5% during the 3rd quarter. Invesco Ltd. now owns 4,814,478 shares of the semiconductor company’s stock worth $413,708,000 after buying an additional 335,564 shares during the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Lattice Semiconductor by 0.6% during the 1st quarter. Geode Capital Management LLC now owns 2,239,693 shares of the semiconductor company’s stock worth $213,891,000 after buying an additional 13,651 shares during the last quarter. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Rosenblatt Securities restated a “buy” rating and set a $85.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, February 13th. Stifel Nicolaus reduced their price target on shares of Lattice Semiconductor from $70.00 to $67.00 and set a “hold” rating for the company in a research report on Tuesday, February 13th. KeyCorp upped their price target on shares of Lattice Semiconductor from $80.00 to $85.00 and gave the company an “overweight” rating in a research report on Tuesday, February 13th. Benchmark upped their price target on shares of Lattice Semiconductor from $70.00 to $95.00 and gave the company a “buy” rating in a research report on Tuesday, January 2nd. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $75.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, February 13th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $87.00.

Insider Transactions at Lattice Semiconductor

In other news, CFO Sherri R. Luther sold 23,006 shares of the company’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $74.78, for a total transaction of $1,720,388.68. Following the transaction, the chief financial officer now directly owns 124,116 shares of the company’s stock, valued at approximately $9,281,394.48. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, CFO Sherri R. Luther sold 23,006 shares of the stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $74.78, for a total value of $1,720,388.68. Following the sale, the chief financial officer now directly owns 124,116 shares of the company’s stock, valued at approximately $9,281,394.48. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Mark Jon Nelson sold 14,417 shares of the stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $71.49, for a total transaction of $1,030,671.33. Following the completion of the sale, the senior vice president now directly owns 28,283 shares in the company, valued at $2,021,951.67. The disclosure for this sale can be found here. Insiders have sold a total of 43,741 shares of company stock valued at $3,225,795 in the last ninety days. 1.80% of the stock is currently owned by company insiders.

Lattice Semiconductor Stock Down 3.2 %

NASDAQ:LSCC opened at $66.51 on Friday. Lattice Semiconductor Co. has a fifty-two week low of $51.96 and a fifty-two week high of $98.30. The stock has a market cap of $9.15 billion, a PE ratio of 35.95, a price-to-earnings-growth ratio of 15.50 and a beta of 1.38. The firm’s fifty day simple moving average is $75.98 and its 200-day simple moving average is $69.39.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings results on Monday, February 12th. The semiconductor company reported $0.45 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.45. Lattice Semiconductor had a net margin of 35.14% and a return on equity of 36.07%. The business had revenue of $170.60 million for the quarter, compared to analysts’ expectations of $176.15 million. During the same period in the prior year, the company posted $0.38 EPS. The business’s revenue for the quarter was down 3.0% on a year-over-year basis. Equities analysts anticipate that Lattice Semiconductor Co. will post 0.8 earnings per share for the current year.

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.