Marshall Financial Group LLC Purchases 436 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Marshall Financial Group LLC increased its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 3.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,862 shares of the semiconductor company’s stock after purchasing an additional 436 shares during the period. Marshall Financial Group LLC’s holdings in Lattice Semiconductor were worth $683,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Blue Trust Inc. increased its holdings in Lattice Semiconductor by 186.5% in the 2nd quarter. Blue Trust Inc. now owns 1,149 shares of the semiconductor company’s stock valued at $67,000 after buying an additional 748 shares during the period. Norden Group LLC boosted its position in shares of Lattice Semiconductor by 1,196.1% during the 1st quarter. Norden Group LLC now owns 66,618 shares of the semiconductor company’s stock valued at $5,212,000 after acquiring an additional 61,478 shares in the last quarter. Swedbank AB bought a new stake in Lattice Semiconductor in the first quarter valued at about $4,186,000. BNP Paribas Financial Markets raised its position in Lattice Semiconductor by 28.9% in the first quarter. BNP Paribas Financial Markets now owns 587,444 shares of the semiconductor company’s stock worth $45,956,000 after purchasing an additional 131,881 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in Lattice Semiconductor by 21.2% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 160,605 shares of the semiconductor company’s stock worth $12,763,000 after purchasing an additional 28,041 shares during the period. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, SVP Mark Jon Nelson sold 1,232 shares of the firm’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $48.98, for a total value of $60,343.36. Following the transaction, the senior vice president now owns 14,919 shares of the company’s stock, valued at approximately $730,732.62. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Lattice Semiconductor news, CFO Sherri R. Luther sold 20,632 shares of the stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $48.89, for a total value of $1,008,698.48. Following the transaction, the chief financial officer now owns 90,341 shares of the company’s stock, valued at approximately $4,416,771.49. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Mark Jon Nelson sold 1,232 shares of the firm’s stock in a transaction dated 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 owns 14,919 shares in the company, valued at approximately $730,732.62. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Benchmark reissued a “buy” rating and issued a $60.00 target price on shares of Lattice Semiconductor in a report on Monday, September 16th. TD Cowen raised Lattice Semiconductor to a “strong-buy” rating in a report on Monday, September 16th. Susquehanna lowered their target price on shares of Lattice Semiconductor from $85.00 to $65.00 and set a “positive” rating on the stock in a report on Tuesday, July 30th. Rosenblatt Securities reissued a “buy” rating and set a $85.00 price target on shares of Lattice Semiconductor in a report on Tuesday, July 30th. Finally, KeyCorp decreased their price objective on shares of Lattice Semiconductor from $85.00 to $60.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 30th. Two equities research analysts have rated the stock with a sell rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $63.08.

Lattice Semiconductor Price Performance

Shares of Lattice Semiconductor stock opened at $53.31 on Friday. The firm has a 50 day simple moving average of $49.01 and a 200 day simple moving average of $59.15. Lattice Semiconductor Co. has a fifty-two week low of $40.65 and a fifty-two week high of $85.69. The firm has a market cap of $7.33 billion, a P/E ratio of 34.17 and a beta of 1.39.

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 firm had revenue of $124.08 million during the quarter, compared to analyst estimates of $130.17 million. During the same period last year, the business posted $0.40 earnings per share. The firm’s quarterly revenue was down 34.7% on a year-over-year basis. On average, sell-side analysts expect that Lattice Semiconductor Co. will post 0.59 EPS 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.