Public Employees Retirement Association of Colorado Grows Stock Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Public Employees Retirement Association of Colorado raised its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCCGet Rating) by 1,089.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 222,938 shares of the semiconductor company’s stock after buying an additional 204,200 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Lattice Semiconductor were worth $10,812,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of LSCC. Millennium Management LLC boosted its position in shares of Lattice Semiconductor by 453.3% during the second quarter. Millennium Management LLC now owns 1,329,526 shares of the semiconductor company’s stock worth $64,482,000 after buying an additional 1,089,216 shares during the period. Robeco Schweiz AG boosted its position in shares of Lattice Semiconductor by 96.0% during the first quarter. Robeco Schweiz AG now owns 1,531,000 shares of the semiconductor company’s stock worth $93,314,000 after buying an additional 750,000 shares during the period. UBS Group AG boosted its holdings in Lattice Semiconductor by 246.5% in the second quarter. UBS Group AG now owns 808,171 shares of the semiconductor company’s stock valued at $39,196,000 after purchasing an additional 574,941 shares during the period. Neuberger Berman Group LLC boosted its holdings in Lattice Semiconductor by 8.8% in the first quarter. Neuberger Berman Group LLC now owns 6,493,614 shares of the semiconductor company’s stock valued at $395,792,000 after purchasing an additional 524,826 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in Lattice Semiconductor by 36.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,899,298 shares of the semiconductor company’s stock valued at $115,762,000 after purchasing an additional 506,212 shares during the period. 95.57% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Lattice Semiconductor

In other news, CEO James Robert Anderson sold 23,858 shares of Lattice Semiconductor stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $67.05, for a total transaction of $1,599,678.90. Following the sale, the chief executive officer now owns 767,534 shares in the company, valued at $51,463,154.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO James Robert Anderson sold 23,858 shares of the business’s stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of $67.05, for a total transaction of $1,599,678.90. Following the sale, the chief executive officer now owns 767,534 shares of the company’s stock, valued at approximately $51,463,154.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Sherri R. Luther sold 10,099 shares of the stock in a transaction on Thursday, November 17th. The stock was sold at an average price of $64.71, for a total value of $653,506.29. Following the transaction, the chief financial officer now directly owns 122,520 shares in the company, valued at approximately $7,928,269.20. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 60,980 shares of company stock worth $3,661,338. Corporate insiders own 1.80% of the company’s stock.

Lattice Semiconductor Stock Up 3.3 %

Shares of NASDAQ LSCC opened at $71.74 on Friday. The company has a market capitalization of $9.83 billion, a price-to-earnings ratio of 64.63 and a beta of 1.30. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.09 and a quick ratio of 2.23. The business has a 50-day moving average of $58.03 and a two-hundred day moving average of $55.10. Lattice Semiconductor Co. has a 1 year low of $43.41 and a 1 year high of $81.47.

Lattice Semiconductor (NASDAQ:LSCCGet Rating) last announced its quarterly earnings results on Monday, October 31st. The semiconductor company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.02. Lattice Semiconductor had a return on equity of 38.63% and a net margin of 24.83%. The company had revenue of $172.51 million during the quarter, compared to the consensus estimate of $166.27 million. During the same period in the previous year, the business earned $0.20 EPS. Lattice Semiconductor’s revenue for the quarter was up 30.8% on a year-over-year basis. On average, analysts forecast that Lattice Semiconductor Co. will post 1.37 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

LSCC has been the subject of a number of recent research reports. Craig Hallum decreased their target price on Lattice Semiconductor from $58.00 to $50.00 and set a “hold” rating for the company in a report on Tuesday, November 1st. Benchmark decreased their target price on Lattice Semiconductor to $60.00 in a report on Friday, November 4th. Stifel Nicolaus initiated coverage on Lattice Semiconductor in a report on Wednesday, September 7th. They issued a “hold” rating and a $60.00 target price for the company. StockNews.com initiated coverage on Lattice Semiconductor in a report on Wednesday, October 12th. They issued a “hold” rating for the company. Finally, Susquehanna lifted their target price on Lattice Semiconductor from $72.00 to $75.00 and gave the company a “positive” rating in a report on Tuesday, November 15th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $68.00.

About Lattice Semiconductor

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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 Certus-NX and ECP, Mach, iCE40, and CrossLink. It also provides video connectivity application specific standard products.

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Institutional Ownership by Quarter for Lattice Semiconductor (NASDAQ:LSCC)

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