Two Sigma Securities LLC acquired a new stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 5,131 shares of the semiconductor company’s stock, valued at approximately $785,000.
A number of other large investors also recently modified their holdings of the company. HB Wealth Management LLC boosted its stake in shares of Lattice Semiconductor by 3.7% in the first quarter. HB Wealth Management LLC now owns 3,335 shares of the semiconductor company’s stock worth $309,000 after acquiring an additional 119 shares during the period. Natixis Advisors LLC boosted its stake in Lattice Semiconductor by 0.5% in the 4th quarter. Natixis Advisors LLC now owns 23,000 shares of the semiconductor company’s stock worth $1,692,000 after purchasing an additional 120 shares during the period. V Square Quantitative Management LLC boosted its stake in Lattice Semiconductor by 38.6% in the 1st quarter. V Square Quantitative Management LLC now owns 513 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 143 shares during the period. Parallel Advisors LLC grew its holdings in Lattice Semiconductor by 10.1% during the 1st quarter. Parallel Advisors LLC now owns 1,963 shares of the semiconductor company’s stock valued at $182,000 after buying an additional 180 shares in the last quarter. Finally, Versant Capital Management Inc raised its position in shares of Lattice Semiconductor by 53.5% during the second quarter. Versant Capital Management Inc now owns 531 shares of the semiconductor company’s stock valued at $81,000 after buying an additional 185 shares during the last quarter. Hedge funds and other institutional investors own 98.08% of the company’s stock.
Lattice Semiconductor Price Performance
LSCC stock opened at $111.68 on Wednesday. Lattice Semiconductor Corporation has a 52 week low of $60.50 and a 52 week high of $157.01. The firm has a market capitalization of $15.30 billion, a P/E ratio of 429.54, a price-to-earnings-growth ratio of 1.75 and a beta of 1.79. The company has a fifty day simple moving average of $129.12 and a two-hundred day simple moving average of $120.22. The company has a quick ratio of 2.33, a current ratio of 3.02 and a debt-to-equity ratio of 0.04.
Insider Buying and Selling
In other news, SVP Tracy Ann Feanny sold 2,740 shares of Lattice Semiconductor stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $151.84, for a total value of $416,041.60. Following the completion of the transaction, the senior vice president owned 63,084 shares in the company, valued at approximately $9,578,674.56. The trade was a 4.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Esam Elashmawi sold 15,742 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $134.77, for a total value of $2,121,549.34. Following the sale, the senior vice president owned 155,420 shares in the company, valued at $20,945,953.40. The trade was a 9.20% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 22,401 shares of company stock worth $3,066,632. Corporate insiders own 0.62% of the company’s stock.
Wall Street Analyst Weigh In
LSCC has been the topic of a number of research reports. Stifel Nicolaus lifted their price target on shares of Lattice Semiconductor from $130.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Lattice Semiconductor from $150.00 to $175.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Lattice Semiconductor in a report on Friday, July 17th. Royal Bank Of Canada boosted their target price on Lattice Semiconductor from $140.00 to $165.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. Finally, Rosenblatt Securities restated a “buy” rating and set a $175.00 price target on shares of Lattice Semiconductor in a report on Tuesday, August 4th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $147.46.
Check Out Our Latest Stock Report on Lattice Semiconductor
Lattice Semiconductor Profile
Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company’s product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice’s solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.
The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.
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