Compass Wealth Management LLC Makes New $1.32 Million Investment in Lattice Semiconductor Co. (NASDAQ:LSCC)

Compass Wealth Management LLC acquired a new stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 23,370 shares of the semiconductor company’s stock, valued at approximately $1,324,000.

Other institutional investors also recently modified their holdings of the company. Point72 Asset Management L.P. bought a new stake in Lattice Semiconductor during the 3rd quarter valued at $49,297,000. Westfield Capital Management Co. LP acquired a new stake in shares of Lattice Semiconductor in the 3rd quarter worth about $38,194,000. Dimensional Fund Advisors LP lifted its position in Lattice Semiconductor by 63.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,094,289 shares of the semiconductor company’s stock valued at $63,456,000 after acquiring an additional 426,511 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Lattice Semiconductor by 319.4% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 500,000 shares of the semiconductor company’s stock valued at $26,535,000 after purchasing an additional 380,790 shares during the last quarter. Finally, Barclays PLC grew its holdings in Lattice Semiconductor by 57.5% during the third quarter. Barclays PLC now owns 1,019,896 shares of the semiconductor company’s stock worth $54,124,000 after buying an additional 372,301 shares in the last quarter. 98.08% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

LSCC has been the subject of a number of recent analyst reports. TD Cowen reduced their price objective on shares of Lattice Semiconductor from $60.00 to $50.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. StockNews.com upgraded Lattice Semiconductor from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft reduced their price objective on Lattice Semiconductor from $56.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Stifel Nicolaus lifted their target price on Lattice Semiconductor from $55.00 to $65.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. Finally, Susquehanna raised their price objective on shares of Lattice Semiconductor from $55.00 to $70.00 and gave the stock a “positive” rating in a report on Wednesday. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have given 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 price target of $64.58.

Lattice Semiconductor Price Performance

Lattice Semiconductor stock opened at $57.26 on Friday. The business has a fifty day moving average price of $57.61 and a 200-day moving average price of $53.32. The firm has a market capitalization of $7.90 billion, a P/E ratio of 55.59 and a beta of 1.41. Lattice Semiconductor Co. has a one year low of $40.65 and a one year high of $85.69.

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

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 1,474 shares of Lattice Semiconductor stock in a transaction that occurred 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. The trade was a 9.58 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Pravin Desale sold 4,387 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $50.01, for a total transaction of $219,393.87. Following the completion of the transaction, the senior vice president now owns 365 shares in the company, valued at $18,253.65. This represents a 92.32 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 11,022 shares of company stock valued at $596,502 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.