Charles Schwab Investment Management Inc. Has $48.29 Million Stock Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Charles Schwab Investment Management Inc. increased its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 2.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 909,877 shares of the semiconductor company’s stock after acquiring an additional 22,770 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Lattice Semiconductor were worth $48,287,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of LSCC. American National Bank & Trust grew its position in shares of Lattice Semiconductor by 5,064.3% in the 3rd quarter. American National Bank & Trust now owns 723 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 709 shares during the period. West Oak Capital LLC lifted its stake in Lattice Semiconductor by 220.0% in the 2nd quarter. West Oak Capital LLC now owns 800 shares of the semiconductor company’s stock valued at $46,000 after purchasing an additional 550 shares during the last quarter. Hollencrest Capital Management bought a new position in Lattice Semiconductor during the third quarter worth about $53,000. Blue Trust Inc. increased its position in Lattice Semiconductor by 186.5% during the second quarter. Blue Trust Inc. now owns 1,149 shares of the semiconductor company’s stock worth $67,000 after buying an additional 748 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its stake in Lattice Semiconductor by 105.9% in the first quarter. EverSource Wealth Advisors LLC now owns 1,454 shares of the semiconductor company’s stock valued at $114,000 after buying an additional 748 shares during the period. 98.08% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Pravin Desale sold 4,387 shares of the firm’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $50.01, for a total value of $219,393.87. Following the sale, the senior vice president now owns 365 shares of the company’s stock, valued at approximately $18,253.65. This trade represents a 92.32 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Tracy Ann Feanny sold 1,474 shares of the business’s stock in a transaction on 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 directly owns 13,909 shares of the company’s stock, valued at $707,411.74. This trade represents a 9.58 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,226 shares of company stock valued at $314,838. 1.80% of the stock is owned by corporate insiders.

Lattice Semiconductor Stock Up 0.8 %

NASDAQ LSCC opened at $56.75 on Monday. Lattice Semiconductor Co. has a 12-month low of $40.65 and a 12-month high of $85.69. The firm has a 50-day moving average price of $52.64 and a two-hundred day moving average price of $54.95. The company has a market capitalization of $7.83 billion, a P/E ratio of 55.10 and a beta of 1.39.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.24 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.24. Lattice Semiconductor had a return on equity of 16.84% and a net margin of 25.48%. The business had revenue of $127.09 million for the quarter, compared to the consensus estimate of $127.05 million. During the same quarter in the prior year, the business posted $0.41 earnings per share. The firm’s quarterly revenue was down 33.9% compared to the same quarter last year. Equities analysts expect that Lattice Semiconductor Co. will post 0.54 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently commented on LSCC. Susquehanna reduced their target price on Lattice Semiconductor from $65.00 to $55.00 and set a “positive” rating for the company in a research note on Tuesday, November 5th. Needham & Company LLC reaffirmed a “buy” rating and set a $61.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, September 17th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Lattice Semiconductor from $56.00 to $50.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Robert W. Baird cut their target price on shares of Lattice Semiconductor from $70.00 to $44.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. Finally, Stifel Nicolaus upgraded shares of Lattice Semiconductor from a “hold” rating to a “buy” rating and set a $55.00 price target on the stock in a research note on Tuesday, September 17th. Two equities research analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock 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.