Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Acquired by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. lifted its stake in Lattice Semiconductor Co. (NASDAQ:LSCC) by 62.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,869 shares of the semiconductor company’s stock after buying an additional 9,969 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Lattice Semiconductor were worth $1,373,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LSCC. Rokos Capital Management LLP grew its position in shares of Lattice Semiconductor by 1,592.8% during the first quarter. Rokos Capital Management LLP now owns 1,212,878 shares of the semiconductor company’s stock worth $94,896,000 after acquiring an additional 1,141,230 shares during the last quarter. William Blair Investment Management LLC grew its position in Lattice Semiconductor by 78.7% during the 1st quarter. William Blair Investment Management LLC now owns 2,494,932 shares of the semiconductor company’s stock worth $195,179,000 after purchasing an additional 1,098,962 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Lattice Semiconductor by 63.9% in 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 purchasing an additional 426,511 shares during the period. Clearbridge Investments LLC raised its holdings in shares of Lattice Semiconductor by 19.3% in 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 last quarter. Finally, TD Asset Management Inc boosted its stake in shares of Lattice Semiconductor by 34.8% during the first quarter. TD Asset Management Inc now owns 993,346 shares of the semiconductor company’s stock worth $77,709,000 after buying an additional 256,405 shares during the period. 98.08% of the stock is owned by hedge funds and other institutional investors.

Lattice Semiconductor Price Performance

NASDAQ LSCC opened at $54.34 on Friday. The business has a 50 day moving average price of $49.56 and a 200 day moving average price of $58.27. The company has a market capitalization of $7.49 billion, a P/E ratio of 39.96 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 released its quarterly earnings results on Monday, July 29th. The semiconductor company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.01). The firm had revenue of $124.08 million for the quarter, compared to analyst estimates of $130.17 million. Lattice Semiconductor had a return on equity of 23.39% and a net margin of 30.26%. The company’s quarterly revenue was down 34.7% compared to the same quarter last year. During the same period last year, the firm earned $0.40 EPS. On average, research analysts expect that Lattice Semiconductor Co. will post 0.59 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

LSCC has been the subject of several analyst reports. Rosenblatt Securities reaffirmed a “buy” rating and set a $85.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, July 30th. Bank of America downgraded Lattice Semiconductor from a “neutral” rating to an “underperform” rating and decreased their price target for the stock from $83.00 to $47.00 in a report on Tuesday, July 30th. StockNews.com cut shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday, August 3rd. Susquehanna reduced their target price on shares of Lattice Semiconductor from $85.00 to $65.00 and set a “positive” rating for the company in a research note on Tuesday, July 30th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of Lattice Semiconductor from $82.00 to $56.00 and set a “buy” rating on the stock in a research note on Tuesday, July 30th. Two investment analysts have rated the stock with a sell rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $63.08.

Insider Buying and Selling at Lattice Semiconductor

In other news, SVP Mark Jon Nelson sold 1,232 shares of the firm’s stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $48.98, for a total transaction of $60,343.36. Following the completion of the transaction, the senior vice president now directly owns 14,919 shares of the company’s stock, valued at $730,732.62. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, SVP Mark Jon Nelson sold 1,232 shares of the stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $48.98, for a total transaction of $60,343.36. Following the sale, the senior vice president now owns 14,919 shares of the company’s stock, valued at $730,732.62. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Sherri R. Luther sold 20,632 shares of the business’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $48.89, for a total transaction of $1,008,698.48. Following the completion of the transaction, the chief financial officer now directly owns 90,341 shares of the company’s stock, valued at $4,416,771.49. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. 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.