Compass Wealth Management LLC Takes Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Compass Wealth Management LLC purchased a new position in Lattice Semiconductor Co. (NASDAQ:LSCC) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 23,370 shares of the semiconductor company’s stock, valued at approximately $1,324,000.

Other large investors have also added to or reduced their stakes in the company. UMB Bank n.a. lifted its position in Lattice Semiconductor by 67.7% during the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock valued at $37,000 after buying an additional 266 shares during the period. American National Bank & Trust grew its holdings in shares of Lattice Semiconductor by 5,064.3% during the third quarter. American National Bank & Trust now owns 723 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 709 shares during the last quarter. Hollencrest Capital Management purchased a new position in shares of Lattice Semiconductor in the third quarter worth $53,000. Brooklyn Investment Group bought a new position in shares of Lattice Semiconductor during the third quarter valued at $89,000. Finally, GAMMA Investing LLC boosted its position in shares of Lattice Semiconductor by 257.8% during the third quarter. GAMMA Investing LLC now owns 2,129 shares of the semiconductor company’s stock valued at $113,000 after buying an additional 1,534 shares during the last quarter. Institutional investors own 98.08% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. StockNews.com raised shares of Lattice Semiconductor from a “sell” rating to a “hold” rating in a report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Lattice Semiconductor from $56.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Susquehanna raised their price target on Lattice Semiconductor from $55.00 to $70.00 and gave the stock a “positive” rating in a research note on Wednesday. Needham & Company LLC lifted their price objective on Lattice Semiconductor from $56.00 to $70.00 and gave the stock a “buy” rating in a report on Wednesday, December 11th. Finally, Raymond James lowered their target price on Lattice Semiconductor from $55.00 to $52.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $64.58.

Insiders Place Their Bets

In other news, SVP Pravin Desale sold 1,096 shares of Lattice Semiconductor stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $62.54, for a total value of $68,543.84. Following the sale, the senior vice president now directly owns 365 shares of the company’s stock, valued at approximately $22,827.10. The trade was a 75.02 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Mark Jon Nelson sold 1,850 shares of the stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $57.92, for a total value of $107,152.00. Following the transaction, the senior vice president now directly owns 14,279 shares of the company’s stock, valued at approximately $827,039.68. The trade was a 11.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,022 shares of company stock worth $596,502. Corporate insiders own 1.80% of the company’s stock.

Lattice Semiconductor Trading Down 3.8 %

Shares of NASDAQ:LSCC opened at $57.26 on Friday. Lattice Semiconductor Co. has a 12-month low of $40.65 and a 12-month high of $85.69. The company has a market cap of $7.90 billion, a PE ratio of 55.59 and a beta of 1.41. The stock has a 50 day moving average of $57.61 and a 200 day moving average of $53.32.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.24 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.24. The business had revenue of $127.09 million during the quarter, compared to analyst estimates of $127.05 million. Lattice Semiconductor had a net margin of 25.48% and a return on equity of 16.84%. The company’s revenue was down 33.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.41 earnings per share. Equities research analysts predict that Lattice Semiconductor Co. will post 0.54 earnings per share for the current fiscal year.

Lattice Semiconductor Company 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.