Larson Financial Group LLC Purchases 1,228 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Larson Financial Group LLC lifted its position in Lattice Semiconductor Co. (NASDAQ:LSCC) by 38.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,437 shares of the semiconductor company’s stock after acquiring an additional 1,228 shares during the quarter. Larson Financial Group LLC’s holdings in Lattice Semiconductor were worth $235,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in LSCC. William Blair Investment Management LLC grew its position in Lattice Semiconductor by 26.8% during the second quarter. William Blair Investment Management LLC now owns 3,163,064 shares of the semiconductor company’s stock valued at $183,426,000 after buying an additional 668,132 shares during the period. Dimensional Fund Advisors LP grew its position in Lattice Semiconductor by 63.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,094,289 shares of the semiconductor company’s stock valued at $63,456,000 after buying an additional 426,511 shares during the period. Clearbridge Investments LLC grew its position in Lattice Semiconductor by 19.3% during the second quarter. Clearbridge Investments LLC now owns 1,822,190 shares of the semiconductor company’s stock valued at $105,669,000 after buying an additional 294,290 shares during the period. DekaBank Deutsche Girozentrale grew its position in Lattice Semiconductor by 131.9% during the first quarter. DekaBank Deutsche Girozentrale now owns 446,178 shares of the semiconductor company’s stock valued at $35,265,000 after buying an additional 253,788 shares during the period. Finally, Thrivent Financial for Lutherans grew its position in Lattice Semiconductor by 23.0% during the third quarter. Thrivent Financial for Lutherans now owns 781,851 shares of the semiconductor company’s stock valued at $41,493,000 after buying an additional 146,199 shares during the period. Institutional investors own 98.08% of the company’s stock.

Insider Buying and Selling

In other Lattice Semiconductor news, SVP Pravin Desale sold 4,387 shares of the stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $50.01, for a total transaction of $219,393.87. Following the transaction, the senior vice president now directly owns 365 shares in the company, valued at $18,253.65. This trade represents a 92.32 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 transaction of $74,967.64. Following the transaction, the senior vice president now owns 13,909 shares in the company, valued at $707,411.74. The trade was a 9.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 6,226 shares of company stock worth $314,838. Insiders own 1.19% of the company’s stock.

Lattice Semiconductor Trading Up 0.6 %

LSCC stock opened at $56.32 on Thursday. The company’s 50 day moving average is $52.52 and its 200 day moving average is $55.27. The stock has a market cap of $7.77 billion, a price-to-earnings ratio of 54.68 and a beta of 1.39. Lattice Semiconductor Co. has a 1-year low of $40.65 and a 1-year high of $85.69.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.24 earnings per share for the quarter, hitting the consensus estimate of $0.24. The company had revenue of $127.09 million for the quarter, compared to analysts’ expectations of $127.05 million. Lattice Semiconductor had a net margin of 25.48% and a return on equity of 16.84%. Lattice Semiconductor’s revenue for the quarter was down 33.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.41 earnings per share. As a group, sell-side analysts forecast that Lattice Semiconductor Co. will post 0.54 EPS for the current fiscal year.

Wall Street Analyst Weigh In

LSCC has been the subject of several research reports. Raymond James reduced their price target on shares of Lattice Semiconductor from $55.00 to $52.00 and set an “outperform” rating for the company in a research report on Tuesday, November 5th. KeyCorp dropped their price objective on shares of Lattice Semiconductor from $60.00 to $54.00 and set an “overweight” rating on the stock in a report on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Lattice Semiconductor from $56.00 to $50.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. StockNews.com downgraded shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a report on Saturday, August 3rd. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $85.00 price objective on shares of Lattice Semiconductor in a report on Monday, November 4th. Two investment analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $58.42.

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.