Healthcare of Ontario Pension Plan Trust Fund Has $26.54 Million Stock Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 319.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 500,000 shares of the semiconductor company’s stock after purchasing an additional 380,790 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Lattice Semiconductor were worth $26,535,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. American National Bank & Trust grew its holdings in shares of Lattice Semiconductor by 5,064.3% during the 3rd quarter. American National Bank & Trust now owns 723 shares of the semiconductor company’s stock worth $38,000 after purchasing an additional 709 shares in the last quarter. West Oak Capital LLC grew its holdings in shares of Lattice Semiconductor by 220.0% during the 2nd quarter. West Oak Capital LLC now owns 800 shares of the semiconductor company’s stock worth $46,000 after purchasing an additional 550 shares in the last quarter. Hollencrest Capital Management acquired a new stake in shares of Lattice Semiconductor during the 3rd quarter worth $53,000. Blue Trust Inc. grew its holdings in shares of Lattice Semiconductor by 186.5% during the 2nd quarter. Blue Trust Inc. now owns 1,149 shares of the semiconductor company’s stock worth $67,000 after purchasing an additional 748 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of Lattice Semiconductor by 35.5% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,553 shares of the semiconductor company’s stock worth $89,000 after purchasing an additional 407 shares in the last quarter. 98.08% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Lattice Semiconductor

In other news, SVP Pravin Desale sold 4,387 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $50.01, for a total transaction of $219,393.87. Following the completion of 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 through the SEC website. Also, SVP Tracy Ann Feanny sold 1,474 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $50.86, for a total value of $74,967.64. Following the transaction, the senior vice president now owns 13,909 shares of the company’s stock, valued at $707,411.74. This trade represents 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 sold 6,226 shares of company stock worth $314,838. 1.19% of the stock is currently owned by insiders.

Lattice Semiconductor Trading Up 0.6 %

Lattice Semiconductor stock opened at $56.32 on Thursday. The company has a market capitalization of $7.77 billion, a PE ratio of 54.68 and a beta of 1.39. Lattice Semiconductor Co. has a 12 month low of $40.65 and a 12 month high of $85.69. The stock has a 50-day moving average price of $52.52 and a two-hundred day moving average price of $55.27.

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

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Stifel Nicolaus raised Lattice Semiconductor from a “hold” rating to a “buy” rating and set a $55.00 target price on the stock in a report on Tuesday, September 17th. Raymond James reduced their target price on Lattice Semiconductor from $55.00 to $52.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. Susquehanna reduced their price objective on Lattice Semiconductor from $65.00 to $55.00 and set a “positive” rating on the stock in a research note on Tuesday, November 5th. Deutsche Bank Aktiengesellschaft reduced their price objective on Lattice Semiconductor from $56.00 to $50.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Finally, StockNews.com lowered Lattice Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday, August 3rd. Two research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average 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.