DekaBank Deutsche Girozentrale raised its position in Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) by 0.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 446,375 shares of the semiconductor company’s stock after buying an additional 197 shares during the period. DekaBank Deutsche Girozentrale owned about 0.32% of Lattice Semiconductor worth $22,519,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sumitomo Mitsui Trust Group Inc. increased its holdings in Lattice Semiconductor by 8.7% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,794 shares of the semiconductor company’s stock valued at $514,000 after buying an additional 787 shares in the last quarter. SG Americas Securities LLC increased its holdings in Lattice Semiconductor by 326.8% in the first quarter. SG Americas Securities LLC now owns 7,824 shares of the semiconductor company’s stock valued at $410,000 after buying an additional 5,991 shares in the last quarter. Robeco Institutional Asset Management B.V. purchased a new position in Lattice Semiconductor in the first quarter valued at $566,000. Teacher Retirement System of Texas purchased a new position in Lattice Semiconductor in the first quarter valued at $1,058,000. Finally, GAMMA Investing LLC increased its holdings in Lattice Semiconductor by 53.0% in the first quarter. GAMMA Investing LLC now owns 4,166 shares of the semiconductor company’s stock valued at $219,000 after buying an additional 1,443 shares in the last quarter. Hedge funds and other institutional investors own 98.08% of the company’s stock.
Lattice Semiconductor Trading Down 4.2%
LSCC opened at $66.90 on Thursday. The firm has a market capitalization of $9.16 billion, a PE ratio of 290.88, a PEG ratio of 5.32 and a beta of 1.66. Lattice Semiconductor Corporation has a twelve month low of $34.69 and a twelve month high of $76.61. The firm’s 50-day moving average price is $68.50 and its 200 day moving average price is $56.28.
Insider Buying and Selling
In related news, CAO Tonya Stevens sold 3,440 shares of the business’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $74.93, for a total transaction of $257,759.20. Following the transaction, the chief accounting officer directly owned 84,336 shares in the company, valued at approximately $6,319,296.48. The trade was a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Robin Ann Abrams sold 15,000 shares of Lattice Semiconductor stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $64.98, for a total transaction of $974,700.00. Following the transaction, the director directly owned 107,538 shares in the company, valued at $6,987,819.24. This trade represents a 12.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 27,844 shares of company stock worth $1,852,392. 1.80% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on LSCC. Needham & Company LLC lifted their target price on shares of Lattice Semiconductor from $70.00 to $80.00 and gave the company a “buy” rating in a research report on Monday, September 22nd. KeyCorp lifted their target price on shares of Lattice Semiconductor from $70.00 to $85.00 and gave the company an “overweight” rating in a research report on Tuesday, September 30th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Lattice Semiconductor in a research report on Wednesday, October 8th. Benchmark lifted their target price on shares of Lattice Semiconductor from $60.00 to $75.00 and gave the company a “buy” rating in a research report on Thursday, September 11th. Finally, Loop Capital dropped their target price on shares of Lattice Semiconductor from $75.00 to $65.00 and set a “buy” rating on the stock in a research report on Tuesday, August 5th. Eleven equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $67.75.
Check Out Our Latest Report on Lattice Semiconductor
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.
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