Duality Advisers LP Buys Shares of 9,218 Lattice Semiconductor Co. (NASDAQ:LSCC)

Duality Advisers LP purchased a new stake in Lattice Semiconductor Co. (NASDAQ:LSCC) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 9,218 shares of the semiconductor company’s stock, valued at approximately $636,000.

A number of other institutional investors have also recently modified their holdings of the business. FMR LLC boosted its stake in shares of Lattice Semiconductor by 5.9% in the third quarter. FMR LLC now owns 14,492,684 shares of the semiconductor company’s stock valued at $1,245,356,000 after buying an additional 807,562 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Lattice Semiconductor by 7.5% in the third quarter. Invesco Ltd. now owns 4,814,478 shares of the semiconductor company’s stock valued at $413,708,000 after buying an additional 335,564 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Lattice Semiconductor by 7.8% in the third quarter. Ameriprise Financial Inc. now owns 1,474,497 shares of the semiconductor company’s stock valued at $126,703,000 after buying an additional 107,100 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Lattice Semiconductor by 0.5% during the third quarter. Bank of New York Mellon Corp now owns 1,456,888 shares of the semiconductor company’s stock worth $125,190,000 after purchasing an additional 7,844 shares in the last quarter. Finally, William Blair Investment Management LLC purchased a new stake in Lattice Semiconductor during the third quarter worth $122,597,000. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Lattice Semiconductor

In other news, SVP Tracy Ann Feanny sold 6,318 shares of the stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $75.14, for a total value of $474,734.52. Following the completion of the sale, the senior vice president now owns 11,908 shares in the company, valued at $894,767.12. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other news, CFO Sherri R. Luther sold 23,006 shares of the stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $74.78, for a total value of $1,720,388.68. Following the completion of the sale, the chief financial officer now owns 124,116 shares in the company, valued at $9,281,394.48. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Tracy Ann Feanny sold 6,318 shares of the stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $75.14, for a total value of $474,734.52. Following the completion of the sale, the senior vice president now owns 11,908 shares of the company’s stock, valued at approximately $894,767.12. The disclosure for this sale can be found here. Insiders have sold a total of 43,741 shares of company stock worth $3,225,795 in the last three months. 1.80% of the stock is currently owned by company insiders.

Lattice Semiconductor Trading Up 5.3 %

Lattice Semiconductor stock opened at $71.58 on Thursday. The firm has a market capitalization of $9.85 billion, a P/E ratio of 38.69, a PEG ratio of 15.34 and a beta of 1.38. The stock has a fifty day moving average price of $75.70 and a 200 day moving average price of $69.09. Lattice Semiconductor Co. has a 52 week low of $51.96 and a 52 week high of $98.30.

Lattice Semiconductor (NASDAQ:LSCC) last released its earnings results on Monday, February 12th. The semiconductor company reported $0.45 EPS for the quarter, meeting the consensus estimate of $0.45. The firm had revenue of $170.60 million during the quarter, compared to analyst estimates of $176.15 million. Lattice Semiconductor had a return on equity of 36.07% and a net margin of 35.14%. The business’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.38 earnings per share. As a group, equities analysts predict that Lattice Semiconductor Co. will post 0.8 EPS for the current year.

Analysts Set New Price Targets

LSCC has been the topic of a number of research analyst reports. Rosenblatt Securities reiterated a “buy” rating and set a $85.00 target price on shares of Lattice Semiconductor in a research report on Tuesday, February 13th. Needham & Company LLC reissued a “buy” rating and issued a $75.00 price target on shares of Lattice Semiconductor in a report on Tuesday, February 13th. Susquehanna cut their price target on Lattice Semiconductor from $80.00 to $78.00 and set a “positive” rating for the company in a report on Tuesday, February 13th. KeyCorp boosted their price target on Lattice Semiconductor from $80.00 to $85.00 and gave the stock an “overweight” rating in a report on Tuesday, February 13th. Finally, Benchmark boosted their price target on Lattice Semiconductor from $70.00 to $95.00 and gave the stock a “buy” rating in a report on Tuesday, January 2nd. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $87.00.

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.