Victory Capital Management Inc. decreased its stake in Lattice Semiconductor Corp (NASDAQ:LSCC) by 58.8% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 314,085 shares of the semiconductor company’s stock after selling 448,345 shares during the quarter. Victory Capital Management Inc.’s holdings in Lattice Semiconductor were worth $3,747,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Pearl River Capital LLC purchased a new position in shares of Lattice Semiconductor in the 4th quarter worth approximately $27,000. Meeder Asset Management Inc. boosted its holdings in shares of Lattice Semiconductor by 157.3% in the 1st quarter. Meeder Asset Management Inc. now owns 5,056 shares of the semiconductor company’s stock worth $62,000 after purchasing an additional 3,091 shares during the period. Bank of Montreal Can boosted its holdings in shares of Lattice Semiconductor by 226.5% in the 1st quarter. Bank of Montreal Can now owns 6,099 shares of the semiconductor company’s stock worth $73,000 after purchasing an additional 4,231 shares during the period. Stone Ridge Asset Management LLC purchased a new position in shares of Lattice Semiconductor in the 4th quarter worth approximately $72,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in Lattice Semiconductor during the 4th quarter valued at $81,000. Hedge funds and other institutional investors own 96.18% of the company’s stock.

In other Lattice Semiconductor news, VP Byron Wayne Milstead sold 41,911 shares of the company’s stock in a transaction on Monday, February 25th. The stock was sold at an average price of $12.32, for a total value of $516,343.52. Following the completion of the sale, the vice president now directly owns 54,296 shares in the company, valued at approximately $668,926.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Mark Edwin Jensen sold 4,000 shares of the company’s stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $12.56, for a total value of $50,240.00. Following the completion of the sale, the director now owns 67,434 shares of the company’s stock, valued at $846,971.04. The disclosure for this sale can be found here. 0.78% of the stock is currently owned by corporate insiders.

A number of equities analysts recently issued reports on the company. Rosenblatt Securities restated a “buy” rating and set a $15.00 price objective on shares of Lattice Semiconductor in a report on Monday, May 20th. BidaskClub cut Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a report on Thursday, May 9th. upgraded Lattice Semiconductor from a “neutral” rating to a “positive” rating and boosted their price objective for the company from $8.00 to $11.00 in a report on Wednesday, February 13th. Zacks Investment Research cut Lattice Semiconductor from a “buy” rating to a “hold” rating in a report on Thursday, February 14th. Finally, upgraded Lattice Semiconductor from a “neutral” rating to a “positive” rating and boosted their price objective for the company from $8.00 to $11.00 in a report on Wednesday, February 13th. One analyst has rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $11.85.

LSCC traded up $0.26 during trading hours on Friday, reaching $11.97. 945,003 shares of the company’s stock traded hands, compared to its average volume of 1,988,596. Lattice Semiconductor Corp has a 52-week low of $5.38 and a 52-week high of $14.93. The company has a quick ratio of 3.06, a current ratio of 4.01 and a debt-to-equity ratio of 0.89. The stock has a market cap of $1.58 billion, a P/E ratio of 54.41, a PEG ratio of 2.54 and a beta of 1.39.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings data on Tuesday, April 30th. The semiconductor company reported $0.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.09 by ($0.01). Lattice Semiconductor had a negative net margin of 3.25% and a positive return on equity of 15.47%. The business had revenue of $98.09 million for the quarter, compared to analysts’ expectations of $96.01 million. During the same quarter in the previous year, the firm earned $0.05 EPS. Lattice Semiconductor’s revenue was down .5% compared to the same quarter last year. Equities analysts anticipate that Lattice Semiconductor Corp will post 0.38 EPS for the current fiscal year.

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Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor technologies in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of five product family lines, including 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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