Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Purchased by EntryPoint Capital LLC

EntryPoint Capital LLC grew its holdings in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 28.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,626 shares of the semiconductor company’s stock after purchasing an additional 1,232 shares during the quarter. EntryPoint Capital LLC’s holdings in Lattice Semiconductor were worth $319,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of LSCC. Lindbrook Capital LLC lifted its stake in shares of Lattice Semiconductor by 15.3% in the fourth quarter. Lindbrook Capital LLC now owns 1,428 shares of the semiconductor company’s stock worth $81,000 after buying an additional 190 shares in the last quarter. Tidal Investments LLC raised its holdings in Lattice Semiconductor by 2.0% in the 3rd quarter. Tidal Investments LLC now owns 11,152 shares of the semiconductor company’s stock valued at $592,000 after acquiring an additional 224 shares during the last quarter. CIBC Asset Management Inc lifted its stake in Lattice Semiconductor by 5.8% in the 4th quarter. CIBC Asset Management Inc now owns 4,235 shares of the semiconductor company’s stock worth $240,000 after purchasing an additional 231 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of Lattice Semiconductor by 67.7% during the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 266 shares during the last quarter. Finally, Truvestments Capital LLC grew its position in shares of Lattice Semiconductor by 6.8% in the fourth quarter. Truvestments Capital LLC now owns 4,295 shares of the semiconductor company’s stock valued at $243,000 after purchasing an additional 274 shares in the last quarter. Hedge funds and other institutional investors own 98.08% of the company’s stock.

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 stock was sold at an average price of $68.29, for a total transaction of $197,358.10. Following the completion of the transaction, the senior vice president now directly owns 93,903 shares of the company’s stock, 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 through this hyperlink. Also, Director Robin Ann Abrams sold 10,000 shares of the company’s stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total value of $639,700.00. Following the sale, the director now owns 122,538 shares in the company, valued at approximately $7,838,755.86. This trade represents a 7.55 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 14,740 shares of company stock worth $943,026. Corporate insiders own 1.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Benchmark boosted their price objective on Lattice Semiconductor from $55.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday, February 11th. Robert W. Baird boosted their price target on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the company an “outperform” rating in a research report on Wednesday, December 11th. Needham & Company LLC restated a “buy” rating and set a $70.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, February 11th. Rosenblatt Securities reiterated a “buy” rating and issued a $85.00 target price on shares of Lattice Semiconductor in a report on Monday, February 10th. Finally, StockNews.com downgraded shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a report on Tuesday, March 11th. Two analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Lattice Semiconductor currently has a consensus rating of “Moderate Buy” and an average price target of $66.25.

Lattice Semiconductor Stock Down 2.2 %

LSCC opened at $59.15 on Friday. Lattice Semiconductor Co. has a 52 week low of $40.65 and a 52 week high of $80.13. The business has a fifty day simple moving average of $60.47 and a 200-day simple moving average of $56.41. The firm has a market cap of $8.14 billion, a P/E ratio of 134.43, a P/E/G ratio of 3.03 and a beta of 1.43.

Lattice Semiconductor (NASDAQ:LSCC) last announced its earnings results on Monday, February 10th. The semiconductor company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.14). Lattice Semiconductor had a net margin of 12.00% and a return on equity of 11.22%. Sell-side analysts expect that Lattice Semiconductor Co. will post 0.65 earnings per share for the current year.

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.