Ibex Investors LLC purchased a new stake in Lattice Semiconductor Corp (NASDAQ:LSCC) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 26,879 shares of the semiconductor company’s stock, valued at approximately $215,000.

Several other hedge funds also recently bought and sold shares of the company. TD Asset Management Inc. raised its stake in shares of Lattice Semiconductor by 102.4% during the second quarter. TD Asset Management Inc. now owns 243,173 shares of the semiconductor company’s stock worth $1,595,000 after purchasing an additional 123,000 shares during the last quarter. Victory Capital Management Inc. acquired a new position in Lattice Semiconductor during the second quarter worth $1,030,000. Sei Investments Co. grew its holdings in Lattice Semiconductor by 21.3% during the second quarter. Sei Investments Co. now owns 296,439 shares of the semiconductor company’s stock worth $1,945,000 after acquiring an additional 51,985 shares during the period. Engineers Gate Manager LP acquired a new position in Lattice Semiconductor during the second quarter worth $275,000. Finally, American Century Companies Inc. acquired a new position in Lattice Semiconductor during the second quarter worth $1,293,000. 89.06% of the stock is currently owned by institutional investors.

Lattice Semiconductor stock opened at $6.51 on Thursday. The company has a current ratio of 4.00, a quick ratio of 3.07 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of $843.21 million, a price-to-earnings ratio of 43.40, a PEG ratio of 2.36 and a beta of 1.83. Lattice Semiconductor Corp has a fifty-two week low of $5.05 and a fifty-two week high of $8.90.

Lattice Semiconductor (NASDAQ:LSCC) last posted its earnings results on Thursday, October 25th. The semiconductor company reported $0.11 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.01. The company had revenue of $101.48 million for the quarter, compared to analyst estimates of $101.50 million. Lattice Semiconductor had a positive return on equity of 8.68% and a negative net margin of 6.64%. Equities analysts predict that Lattice Semiconductor Corp will post 0.24 EPS for the current year.

In other news, CEO James Robert Anderson bought 10,000 shares of the stock in a transaction on Wednesday, November 21st. The shares were bought at an average price of $5.67 per share, with a total value of $56,700.00. Following the completion of the acquisition, the chief executive officer now owns 10,000 shares of the company’s stock, valued at $56,700. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Esam Elashmawi bought 20,000 shares of the stock in a transaction on Monday, November 26th. The stock was purchased at an average cost of $5.66 per share, for a total transaction of $113,200.00. Following the acquisition, the vice president now directly owns 20,000 shares of the company’s stock, valued at approximately $113,200. The disclosure for this purchase can be found here. 2.79% of the stock is currently owned by corporate insiders.

A number of research analysts recently weighed in on LSCC shares. Zacks Investment Research raised Lattice Semiconductor from a “hold” rating to a “strong-buy” rating and set a $8.75 price objective on the stock in a report on Saturday, August 11th. BidaskClub lowered Lattice Semiconductor from a “buy” rating to a “hold” rating in a report on Saturday, October 27th. Finally, Craig Hallum set a $9.00 price objective on Lattice Semiconductor and gave the stock a “hold” rating in a report on Wednesday, October 3rd. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. Lattice Semiconductor has an average rating of “Hold” and an average target price of $9.13.

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Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor devices in Asia, Europe, and the Americas. The company offers programmable logic devices that consist of five product family lines, such as the ECP, MachXO, iCE40, CrossLink, and programmable mixed signal devices.

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

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