Retirement Systems of Alabama Increases Stock Position in Lattice Semiconductor Co. (NASDAQ:LSCC)

Retirement Systems of Alabama increased its position in Lattice Semiconductor Co. (NASDAQ:LSCC) by 0.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 258,760 shares of the semiconductor company’s stock after buying an additional 400 shares during the quarter. Retirement Systems of Alabama owned about 0.19% of Lattice Semiconductor worth $14,659,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in LSCC. Pacer Advisors Inc. increased its position in Lattice Semiconductor by 11.6% during the 4th quarter. Pacer Advisors Inc. now owns 51,712 shares of the semiconductor company’s stock worth $2,929,000 after purchasing an additional 5,384 shares in the last quarter. First Citizens Bank & Trust Co. increased its position in shares of Lattice Semiconductor by 14.3% in the fourth quarter. First Citizens Bank & Trust Co. now owns 5,365 shares of the semiconductor company’s stock worth $304,000 after acquiring an additional 673 shares in the last quarter. Compass Wealth Management LLC purchased a new position in shares of Lattice Semiconductor in the 4th quarter valued at $1,324,000. UMB Bank n.a. lifted its holdings in shares of Lattice Semiconductor by 67.7% during the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock valued at $37,000 after acquiring an additional 266 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. boosted its position in Lattice Semiconductor by 31.6% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 34,040 shares of the semiconductor company’s stock worth $1,928,000 after purchasing an additional 8,171 shares during the period. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Insider Activity at Lattice Semiconductor

In related news, SVP Tracy Ann Feanny sold 1,474 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $50.86, for a total transaction of $74,967.64. Following the sale, the senior vice president now owns 13,909 shares in the company, valued at $707,411.74. This represents a 9.58 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Mark Jon Nelson sold 1,850 shares of Lattice Semiconductor 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 completion of the transaction, the senior vice president now 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 ninety days, insiders have sold 11,022 shares of company stock valued at $596,502. Corporate insiders own 1.19% of the company’s stock.

Wall Street Analysts Forecast Growth

LSCC has been the topic of several research reports. Deutsche Bank Aktiengesellschaft cut their price objective on Lattice Semiconductor from $56.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. TD Cowen reduced their price target on Lattice Semiconductor from $60.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Susquehanna upped their price target on Lattice Semiconductor from $55.00 to $70.00 and gave the stock a “positive” rating in a report on Wednesday, January 22nd. StockNews.com upgraded shares of Lattice Semiconductor from a “sell” rating to a “hold” rating in a research note on Wednesday. Finally, Raymond James decreased their target price on shares of Lattice Semiconductor from $55.00 to $52.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $64.58.

Lattice Semiconductor Stock Down 1.6 %

Shares of NASDAQ LSCC opened at $53.29 on Friday. The stock’s 50 day moving average price is $57.98 and its two-hundred day moving average price is $53.07. Lattice Semiconductor Co. has a 52-week low of $40.65 and a 52-week high of $85.69. The stock has a market capitalization of $7.35 billion, a P/E ratio of 51.74 and a beta of 1.41.

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.