Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Sold by Global X Japan Co. Ltd.

Global X Japan Co. Ltd. lowered its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 16.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,195 shares of the semiconductor company’s stock after selling 2,677 shares during the period. Global X Japan Co. Ltd.’s holdings in Lattice Semiconductor were worth $700,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of LSCC. Bessemer Group Inc. grew its position in shares of Lattice Semiconductor by 11.5% during the first quarter. Bessemer Group Inc. now owns 1,471 shares of the semiconductor company’s stock worth $115,000 after acquiring an additional 152 shares during the last quarter. Covestor Ltd grew its position in Lattice Semiconductor by 16.1% during the 1st quarter. Covestor Ltd now owns 1,916 shares of the semiconductor company’s stock worth $150,000 after purchasing an additional 266 shares during the last quarter. Swedbank AB increased its stake in Lattice Semiconductor by 0.6% in the second quarter. Swedbank AB now owns 53,807 shares of the semiconductor company’s stock valued at $3,120,000 after purchasing an additional 300 shares during the period. Tidal Investments LLC raised its holdings in shares of Lattice Semiconductor by 10.2% in the first quarter. Tidal Investments LLC now owns 3,320 shares of the semiconductor company’s stock valued at $260,000 after buying an additional 308 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Lattice Semiconductor by 82.4% during the first quarter. GAMMA Investing LLC now owns 737 shares of the semiconductor company’s stock worth $58,000 after buying an additional 333 shares during the period. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Insider Activity at Lattice Semiconductor

In other Lattice Semiconductor news, CFO Sherri R. Luther sold 20,632 shares of the firm’s stock in a transaction on Tuesday, August 20th. The stock was 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 owns 90,341 shares of the company’s stock, valued at approximately $4,416,771.49. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other Lattice Semiconductor news, CFO Sherri R. Luther sold 20,632 shares of the firm’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 sale, the chief financial officer now directly owns 90,341 shares of the company’s stock, valued at $4,416,771.49. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Mark Jon Nelson sold 1,232 shares of the business’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 approximately $730,732.62. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.80% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

LSCC has been the topic of several recent research reports. Rosenblatt Securities restated a “buy” rating and issued a $85.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, July 30th. StockNews.com lowered Lattice Semiconductor from a “hold” rating to a “sell” rating in a report on Saturday, August 3rd. TD Cowen upgraded Lattice Semiconductor to a “strong-buy” rating in a research note on Monday, September 16th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Lattice Semiconductor from $82.00 to $56.00 and set a “buy” rating on the stock in a research report on Tuesday, July 30th. Finally, Benchmark reissued a “buy” rating and issued a $60.00 price objective on shares of Lattice Semiconductor in a research note on Monday, September 16th. Two equities research analysts have rated the stock with a sell rating, ten have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $63.08.

Lattice Semiconductor Stock Up 1.5 %

NASDAQ:LSCC opened at $53.03 on Wednesday. The company has a market capitalization of $7.29 billion, a PE ratio of 33.99 and a beta of 1.39. Lattice Semiconductor Co. has a 52-week low of $40.65 and a 52-week high of $85.69. The stock has a fifty day simple moving average of $49.24 and a 200-day simple moving average of $58.62.

Lattice Semiconductor (NASDAQ:LSCC) last announced 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 business had revenue of $124.08 million during the quarter, compared to analysts’ expectations of $130.17 million. Lattice Semiconductor had a net margin of 30.26% and a return on equity of 23.39%. The firm’s revenue for the quarter was down 34.7% on a year-over-year basis. During the same period last year, the company earned $0.40 EPS. As a group, equities analysts anticipate that Lattice Semiconductor Co. will post 0.59 earnings per share for the current year.

Lattice Semiconductor Company 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.