Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Purchased by Truvestments Capital LLC

Truvestments Capital LLC grew its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 6.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,295 shares of the semiconductor company’s stock after acquiring an additional 274 shares during the quarter. Truvestments Capital LLC’s holdings in Lattice Semiconductor were worth $243,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. UMB Bank n.a. increased its holdings in shares of Lattice Semiconductor by 67.7% during the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock valued at $37,000 after acquiring an additional 266 shares in the last quarter. Arcadia Investment Management Corp MI acquired a new position in shares of Lattice Semiconductor during the fourth quarter valued at about $38,000. Jones Financial Companies Lllp increased its holdings in Lattice Semiconductor by 88.1% in the 4th quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company’s stock worth $45,000 after buying an additional 370 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new position in Lattice Semiconductor in the 4th quarter worth approximately $57,000. Finally, Lindbrook Capital LLC increased its holdings in Lattice Semiconductor by 15.3% in the 4th quarter. Lindbrook Capital LLC now owns 1,428 shares of the semiconductor company’s stock worth $81,000 after buying an additional 190 shares during the period. Institutional investors and hedge funds own 98.08% of the company’s stock.

Lattice Semiconductor Price Performance

Shares of NASDAQ LSCC opened at $58.61 on Thursday. The stock has a market capitalization of $8.08 billion, a price-to-earnings ratio of 133.21, a PEG ratio of 3.03 and a beta of 1.43. Lattice Semiconductor Co. has a 12 month low of $40.65 and a 12 month high of $80.89. The firm’s 50 day simple moving average is $59.35 and its 200-day simple moving average is $55.27.

Lattice Semiconductor (NASDAQ:LSCC) last announced its earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.14). Lattice Semiconductor had a net margin of 12.00% and a return on equity of 11.22%. Analysts anticipate that Lattice Semiconductor Co. will post 0.65 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on LSCC shares. Susquehanna increased their price target on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock a “positive” rating in a report on Tuesday, February 11th. Stifel Nicolaus increased their price target on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. Needham & Company LLC reiterated a “buy” rating and issued a $70.00 price target on shares of Lattice Semiconductor in a report on Tuesday, February 11th. KeyCorp increased their price target on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. Finally, Robert W. Baird increased their price target on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the stock an “outperform” rating in a report on Wednesday, December 11th. Two investment analysts have rated the stock with a sell rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $66.25.

Insider Activity

In other news, Director Robin Ann Abrams sold 10,000 shares of the stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total transaction of $639,700.00. Following the transaction, the director now owns 122,538 shares in the company, valued at $7,838,755.86. This trade represents a 7.55 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Mark Jon Nelson sold 1,850 shares of the firm’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $57.28, for a total value of $105,968.00. Following the completion of the transaction, the senior vice president now owns 83,289 shares in the company, valued at $4,770,793.92. The trade was a 2.17 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,740 shares of company stock worth $943,026 in the last quarter. Corporate insiders own 1.19% of the company’s stock.

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.