WIM INVESTMENT MANAGEMENT Ltd Takes $668,000 Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

WIM INVESTMENT MANAGEMENT Ltd bought a new stake in Lattice Semiconductor Co. (NASDAQ:LSCC) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 11,800 shares of the semiconductor company’s stock, valued at approximately $668,000. Lattice Semiconductor accounts for about 0.2% of WIM INVESTMENT MANAGEMENT Ltd’s portfolio, making the stock its 14th biggest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. TimesSquare Capital Management LLC grew its holdings in shares of Lattice Semiconductor by 2,923.4% in the fourth quarter. TimesSquare Capital Management LLC now owns 1,523,545 shares of the semiconductor company’s stock worth $86,309,000 after purchasing an additional 1,473,154 shares during the last quarter. Barclays PLC grew its holdings in shares of Lattice Semiconductor by 57.5% in the third quarter. Barclays PLC now owns 1,019,896 shares of the semiconductor company’s stock worth $54,124,000 after purchasing an additional 372,301 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Lattice Semiconductor by 3.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 939,393 shares of the semiconductor company’s stock worth $53,217,000 after purchasing an additional 29,516 shares during the last quarter. Point72 Asset Management L.P. bought a new position in Lattice Semiconductor during the 3rd quarter worth about $49,297,000. Finally, Stephens Investment Management Group LLC grew its holdings in Lattice Semiconductor by 12.6% during the 4th quarter. Stephens Investment Management Group LLC now owns 878,367 shares of the semiconductor company’s stock worth $49,759,000 after acquiring an additional 98,096 shares in the last quarter. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Analysts Set New Price Targets

LSCC has been the topic of several recent research reports. Rosenblatt Securities reiterated a “buy” rating and set a $85.00 target price on shares of Lattice Semiconductor in a report on Monday, February 10th. Susquehanna raised their price target on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company a “positive” rating in a report on Tuesday, February 11th. Robert W. Baird raised their price target on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the company an “outperform” rating in a report on Wednesday, December 11th. Needham & Company LLC restated a “buy” rating and issued a $70.00 price target on shares of Lattice Semiconductor in a report on Tuesday, February 11th. Finally, KeyCorp raised their price target on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company an “overweight” rating in a report on Tuesday, February 11th. Two analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $66.25.

Lattice Semiconductor Stock Down 0.5 %

Shares of Lattice Semiconductor stock opened at $62.31 on Wednesday. Lattice Semiconductor Co. has a 52 week low of $40.65 and a 52 week high of $80.47. The company has a 50 day moving average price of $59.72 and a 200 day moving average price of $55.72. The firm has a market capitalization of $8.59 billion, a P/E ratio of 141.62, a PEG ratio of 3.03 and a beta of 1.43.

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

Insider Activity at Lattice Semiconductor

In related news, SVP Pravin Desale sold 2,890 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $68.29, for a total value of $197,358.10. Following the completion of the transaction, the senior vice president now directly owns 93,903 shares in the company, valued at $6,412,635.87. The trade was a 2.99 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Mark Jon Nelson sold 1,850 shares of the business’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $57.28, for a total transaction of $105,968.00. Following the completion of the transaction, the senior vice president now owns 83,289 shares of the company’s stock, valued at approximately $4,770,793.92. This represents a 2.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 14,740 shares of company stock worth $943,026 in the last three months. Company insiders own 1.80% 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.