Alliance Wealth Advisors LLC UT Invests $412,000 in Lattice Semiconductor Co. (NASDAQ:LSCC)

Alliance Wealth Advisors LLC UT bought a new position in shares of Lattice Semiconductor Co. (NASDAQ:LSCCFree Report) in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 4,795 shares of the semiconductor company’s stock, valued at approximately $412,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. boosted its position in Lattice Semiconductor by 12.5% during the 2nd quarter. BlackRock Inc. now owns 19,550,962 shares of the semiconductor company’s stock worth $1,878,261,000 after acquiring an additional 2,166,930 shares during the last quarter. Vanguard Group Inc. increased its stake in Lattice Semiconductor by 3.4% in the 3rd quarter. Vanguard Group Inc. now owns 13,796,609 shares of the semiconductor company’s stock valued at $678,932,000 after buying an additional 451,263 shares during the last quarter. Artisan Partners Limited Partnership increased its stake in Lattice Semiconductor by 4.5% in the 2nd quarter. Artisan Partners Limited Partnership now owns 9,139,490 shares of the semiconductor company’s stock valued at $878,031,000 after buying an additional 394,442 shares during the last quarter. State Street Corp increased its position in shares of Lattice Semiconductor by 14.7% in the second quarter. State Street Corp now owns 4,869,235 shares of the semiconductor company’s stock valued at $467,787,000 after acquiring an additional 623,216 shares during the last quarter. Finally, Franklin Resources Inc. increased its position in shares of Lattice Semiconductor by 26.1% in the second quarter. Franklin Resources Inc. now owns 3,395,904 shares of the semiconductor company’s stock valued at $326,244,000 after acquiring an additional 702,991 shares during the last quarter. Institutional investors and hedge funds own 98.08% of the company’s stock.

Analyst Upgrades and Downgrades

LSCC has been the topic of several recent analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $75.00 price target on shares of Lattice Semiconductor in a research report on Tuesday. Stifel Nicolaus lowered their price objective on shares of Lattice Semiconductor from $82.00 to $70.00 and set a “hold” rating on the stock in a research note on Tuesday, October 31st. Rosenblatt Securities restated a “buy” rating and set a $110.00 price objective on shares of Lattice Semiconductor in a research note on Friday, October 27th. Benchmark boosted their price target on Lattice Semiconductor from $70.00 to $95.00 and gave the stock a “buy” rating in a research report on Tuesday, January 2nd. Finally, Deutsche Bank Aktiengesellschaft started coverage on Lattice Semiconductor in a report on Thursday, November 30th. They set a “buy” rating and a $70.00 target price on the stock. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $89.75.

Read Our Latest Stock Report on Lattice Semiconductor

Lattice Semiconductor Price Performance

Shares of LSCC stock opened at $71.00 on Tuesday. The business’s 50 day simple moving average is $66.27 and its 200 day simple moving average is $73.80. Lattice Semiconductor Co. has a one year low of $51.96 and a one year high of $98.30. The stock has a market capitalization of $9.80 billion, a PE ratio of 47.02, a PEG ratio of 3.94 and a beta of 1.40.

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) last posted its quarterly earnings data on Monday, February 12th. The semiconductor company reported $0.45 EPS for the quarter, meeting analysts’ consensus estimates of $0.45. The company had revenue of $170.60 million for the quarter, compared to analyst estimates of $176.15 million. Lattice Semiconductor had a net margin of 28.59% and a return on equity of 40.88%. The company’s quarterly revenue was down 3.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.38 EPS. As a group, research analysts expect that Lattice Semiconductor Co. will post 1.53 earnings per share for the current year.

Insider Activity at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 2,116 shares of the stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $58.26, for a total transaction of $123,278.16. Following the transaction, the senior vice president now directly owns 4,133 shares in the company, valued at approximately $240,788.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, SVP Tracy Ann Feanny sold 2,116 shares of the stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $58.26, for a total transaction of $123,278.16. Following the transaction, the senior vice president now owns 4,133 shares of the company’s stock, valued at approximately $240,788.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO James Robert Anderson sold 5,546 shares of the stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $58.26, for a total value of $323,109.96. Following the completion of the transaction, the chief executive officer now owns 753,889 shares in the company, valued at $43,921,573.14. The disclosure for this sale can be found here. Insiders have sold a total of 37,279 shares of company stock worth $2,230,073 in the last 90 days. Corporate insiders own 1.25% of the company’s stock.

About Lattice Semiconductor

(Free Report)

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 Certus and ECP, Mach, iCE40, and CrossLink. It also provides video connectivity application specific standard products.

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Institutional Ownership by Quarter for Lattice Semiconductor (NASDAQ:LSCC)

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