Alliance Wealth Advisors LLC UT Boosts Stock Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Alliance Wealth Advisors LLC UT boosted its position in Lattice Semiconductor Co. (NASDAQ:LSCC) by 29.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,196 shares of the semiconductor company’s stock after purchasing an additional 1,401 shares during the period. Alliance Wealth Advisors LLC UT’s holdings in Lattice Semiconductor were worth $427,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. Truist Financial Corp lifted its stake in Lattice Semiconductor by 52.6% in the fourth quarter. Truist Financial Corp now owns 3,813 shares of the semiconductor company’s stock valued at $263,000 after purchasing an additional 1,315 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich lifted its stake in Lattice Semiconductor by 3.4% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 14,850 shares of the semiconductor company’s stock valued at $1,024,000 after purchasing an additional 488 shares during the last quarter. State of New Jersey Common Pension Fund D lifted its stake in Lattice Semiconductor by 7.8% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 80,943 shares of the semiconductor company’s stock valued at $5,584,000 after purchasing an additional 5,851 shares during the last quarter. Yousif Capital Management LLC lifted its stake in Lattice Semiconductor by 0.4% in the fourth quarter. Yousif Capital Management LLC now owns 64,608 shares of the semiconductor company’s stock valued at $4,457,000 after purchasing an additional 230 shares during the last quarter. Finally, South Dakota Investment Council purchased a new position in Lattice Semiconductor in the fourth quarter valued at approximately $1,397,000. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on LSCC shares. Rosenblatt Securities reiterated a “buy” rating and issued a $85.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, February 13th. Benchmark increased their target price on Lattice Semiconductor from $70.00 to $95.00 and gave the stock a “buy” rating in a research report on Tuesday, January 2nd. Susquehanna dropped their target price on Lattice Semiconductor from $80.00 to $78.00 and set a “positive” rating on the stock in a research report on Tuesday, February 13th. Stifel Nicolaus dropped their target price on Lattice Semiconductor from $70.00 to $67.00 and set a “hold” rating on the stock in a research report on Tuesday, February 13th. Finally, KeyCorp increased their target price on Lattice Semiconductor from $80.00 to $85.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 13th. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $87.00.

Lattice Semiconductor Trading Down 0.0 %

Shares of Lattice Semiconductor stock traded down $0.03 during trading on Friday, hitting $73.88. The stock had a trading volume of 3,042,835 shares, compared to its average volume of 1,564,987. The firm has a market cap of $10.16 billion, a price-to-earnings ratio of 39.94, a P/E/G ratio of 16.67 and a beta of 1.38. Lattice Semiconductor Co. has a 12 month low of $51.96 and a 12 month high of $98.30. The business’s 50-day moving average is $75.70 and its 200 day moving average is $68.99.

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

Insider Activity at Lattice Semiconductor

In related news, SVP Tracy Ann Feanny sold 6,318 shares of the stock in a transaction on Monday, February 26th. The stock was sold at an average price of $75.14, for a total value of $474,734.52. Following the transaction, the senior vice president now owns 11,908 shares of the company’s stock, valued at $894,767.12. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, CFO Sherri R. Luther sold 23,006 shares of the stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $74.78, for a total value of $1,720,388.68. Following the transaction, the chief financial officer now owns 124,116 shares of the company’s stock, valued at $9,281,394.48. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Tracy Ann Feanny sold 6,318 shares of the stock in a transaction on Monday, February 26th. The shares were sold at an average price of $75.14, for a total value of $474,734.52. Following the completion of the transaction, the senior vice president now directly owns 11,908 shares in the company, valued at approximately $894,767.12. 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 over the last 90 days. 1.80% of the stock is owned by insiders.

Lattice Semiconductor Company 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.