Handelsbanken Fonder AB Buys 3,200 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Handelsbanken Fonder AB increased its stake in Lattice Semiconductor Co. (NASDAQ:LSCC) by 8.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,000 shares of the semiconductor company’s stock after buying an additional 3,200 shares during the period. Handelsbanken Fonder AB’s holdings in Lattice Semiconductor were worth $2,209,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of LSCC. UMB Bank n.a. grew its holdings in Lattice Semiconductor by 67.7% in the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 266 shares during the period. Hollencrest Capital Management purchased a new stake in Lattice Semiconductor in the third quarter worth approximately $53,000. Brooklyn Investment Group purchased a new stake in Lattice Semiconductor in the third quarter worth approximately $89,000. GAMMA Investing LLC boosted its holdings in Lattice Semiconductor by 27.9% in the fourth quarter. GAMMA Investing LLC now owns 2,723 shares of the semiconductor company’s stock worth $154,000 after purchasing an additional 594 shares during the last quarter. Finally, Ifrah Financial Services Inc. bought a new position in Lattice Semiconductor in the fourth quarter worth approximately $211,000. 98.08% of the stock is owned by institutional investors.

Insider Transactions at Lattice Semiconductor

In related news, SVP Mark Jon Nelson sold 1,850 shares of the business’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $57.28, for a total value of $105,968.00. Following the sale, the senior vice president now directly owns 83,289 shares in the company, valued at $4,770,793.92. The trade was a 2.17 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Pravin Desale sold 2,890 shares of the business’s stock in a transaction dated 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 owns 93,903 shares in the company, valued at $6,412,635.87. This represents a 2.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 7,686 shares of company stock valued at $479,022 in the last ninety days. 1.80% of the stock is currently owned by company insiders.

Lattice Semiconductor Price Performance

LSCC stock opened at $66.24 on Tuesday. The company has a fifty day moving average price of $58.72 and a 200 day moving average price of $54.15. 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 $9.13 billion, a price-to-earnings ratio of 150.55, a price-to-earnings-growth ratio of 3.03 and a beta of 1.41.

Lattice Semiconductor (NASDAQ:LSCC) last announced its quarterly earnings data on Monday, February 10th. The semiconductor company reported $0.05 earnings per share (EPS) 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%. As a group, analysts anticipate that Lattice Semiconductor Co. will post 0.65 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. KeyCorp increased their price target on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 11th. Rosenblatt Securities reissued a “buy” rating and issued a $85.00 price objective on shares of Lattice Semiconductor in a research note on Monday, February 10th. Deutsche Bank Aktiengesellschaft dropped their price target 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. Needham & Company LLC reiterated a “buy” rating and set a $70.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, February 11th. Finally, StockNews.com raised shares of Lattice Semiconductor from a “sell” rating to a “hold” rating in a research report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $66.25.

About Lattice Semiconductor

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.