State of Wisconsin Investment Board Has $6.17 Million Position in Lattice Semiconductor Corporation (LSCC)
State of Wisconsin Investment Board increased its position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) by 72.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 926,600 shares of the semiconductor company’s stock after buying an additional 389,232 shares during the period. State of Wisconsin Investment Board owned approximately 0.76% of Lattice Semiconductor Corporation worth $6,171,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Quantitative Systematic Strategies LLC bought a new position in shares of Lattice Semiconductor Corporation during the second quarter worth approximately $107,000. Principal Financial Group Inc. raised its position in shares of Lattice Semiconductor Corporation by 2.3% in the first quarter. Principal Financial Group Inc. now owns 22,916 shares of the semiconductor company’s stock worth $159,000 after buying an additional 510 shares in the last quarter. First Interstate Bank raised its position in shares of Lattice Semiconductor Corporation by 1.7% in the first quarter. First Interstate Bank now owns 30,453 shares of the semiconductor company’s stock worth $211,000 after buying an additional 500 shares in the last quarter. Karp Capital Management Corp bought a new position in shares of Lattice Semiconductor Corporation during the first quarter worth approximately $235,000. Finally, BlueCrest Capital Management Ltd bought a new position in shares of Lattice Semiconductor Corporation during the first quarter worth approximately $413,000. 87.15% of the stock is currently owned by institutional investors and hedge funds.
Shares of Lattice Semiconductor Corporation (LSCC) opened at 5.71 on Wednesday. The firm’s market cap is $702.16 million. The firm has a 50-day moving average price of $6.44 and a 200-day moving average price of $6.77. Lattice Semiconductor Corporation has a 12-month low of $5.59 and a 12-month high of $7.99.
Lattice Semiconductor Corporation (NASDAQ:LSCC) last posted its earnings results on Tuesday, August 8th. The semiconductor company reported ($0.03) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by $0.07. Lattice Semiconductor Corporation had a positive return on equity of 3.95% and a negative net margin of 9.50%. The firm had revenue of $94.14 million for the quarter, compared to the consensus estimate of $105.60 million. Equities research analysts anticipate that Lattice Semiconductor Corporation will post $0.13 EPS for the current year.
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Separately, BidaskClub lowered Lattice Semiconductor Corporation from a “sell” rating to a “strong sell” rating in a report on Saturday, August 12th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. Lattice Semiconductor Corporation presently has an average rating of “Hold” and a consensus price target of $8.15.
About Lattice Semiconductor Corporation
Lattice Semiconductor Corporation is a United States-based company, which develops semiconductor technologies that it monetizes through products, solutions and licenses. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property (IP) and semiconductor devices, and Qterics, a discrete software-as-a-service business unit in the Lattice legal entity structure.
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