Lattice Semiconductor Co. (NASDAQ:LSCC) Position Cut by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. lowered its holdings in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 60.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,777 shares of the semiconductor company’s stock after selling 43,697 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Lattice Semiconductor were worth $1,630,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. UMB Bank n.a. raised its stake in shares of 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 purchasing an additional 266 shares in the last quarter. Arcadia Investment Management Corp MI bought a new stake in shares of Lattice Semiconductor during the 4th quarter worth about $38,000. Skandinaviska Enskilda Banken AB publ lifted its stake in shares of Lattice Semiconductor by 102.7% in the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company’s stock worth $38,000 after acquiring an additional 340 shares during the period. Jones Financial Companies Lllp boosted its holdings in shares of Lattice Semiconductor by 88.1% in the fourth quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company’s stock valued at $45,000 after acquiring an additional 370 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Lattice Semiconductor during the fourth quarter valued at approximately $57,000. Institutional investors and hedge funds own 98.08% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Susquehanna increased their price target on Lattice Semiconductor from $70.00 to $75.00 and gave the company a “positive” rating in a research note on Tuesday, February 11th. Stifel Nicolaus lifted their target price on Lattice Semiconductor from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. KeyCorp upped their price target on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company an “overweight” rating in a report on Tuesday, February 11th. Robert W. Baird lifted their price objective on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 11th. Finally, Needham & Company LLC reissued a “buy” rating and set a $70.00 target price on shares of Lattice Semiconductor in a research note on Tuesday, February 11th. Two research analysts have rated the stock with a sell rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $66.25.

Lattice Semiconductor Stock Down 3.2 %

Shares of NASDAQ:LSCC opened at $51.22 on Thursday. The company’s fifty day moving average is $59.98 and its two-hundred day moving average is $56.76. The company has a market cap of $7.05 billion, a P/E ratio of 116.41, a price-to-earnings-growth ratio of 3.03 and a beta of 1.43. Lattice Semiconductor Co. has a 12-month low of $40.65 and a 12-month high of $78.85.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.14). Lattice Semiconductor had a net margin of 12.00% and a return on equity of 11.22%. Equities research analysts anticipate that Lattice Semiconductor Co. will post 0.65 earnings per share for the current year.

Insider Transactions at Lattice Semiconductor

In related news, SVP Pravin Desale sold 2,890 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $68.29, for a total transaction of $197,358.10. Following the completion of the sale, the senior vice president now directly owns 93,903 shares in the company, valued at approximately $6,412,635.87. This trade represents a 2.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robin Ann Abrams sold 10,000 shares of Lattice Semiconductor stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $63.97, for a total value of $639,700.00. Following the sale, the director now directly owns 122,538 shares of the company’s stock, valued at approximately $7,838,755.86. The trade was a 7.55 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 14,740 shares of company stock valued at $943,026 over the last three months. 1.80% of the stock is owned by corporate insiders.

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.