New York State Common Retirement Fund Has $43.04 Million Stock Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

New York State Common Retirement Fund increased its position in Lattice Semiconductor Co. (NASDAQ:LSCC) by 1.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 759,810 shares of the semiconductor company’s stock after buying an additional 7,421 shares during the period. New York State Common Retirement Fund owned 0.55% of Lattice Semiconductor worth $43,043,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. UMB Bank n.a. boosted its stake in 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 purchasing an additional 266 shares during the last quarter. Hollencrest Capital Management acquired a new position in Lattice Semiconductor during the 3rd quarter valued at about $53,000. Brooklyn Investment Group acquired a new position in Lattice Semiconductor during the 3rd quarter valued at about $89,000. GAMMA Investing LLC boosted its stake in Lattice Semiconductor by 27.9% during the 4th quarter. GAMMA Investing LLC now owns 2,723 shares of the semiconductor company’s stock valued at $154,000 after purchasing an additional 594 shares during the last quarter. Finally, Ifrah Financial Services Inc. acquired a new position in Lattice Semiconductor during the 4th quarter valued at about $211,000. Institutional investors and hedge funds own 98.08% of the company’s stock.

Lattice Semiconductor Trading Down 1.1 %

NASDAQ:LSCC opened at $68.00 on Friday. The stock has a market capitalization of $9.37 billion, a PE ratio of 154.55, a price-to-earnings-growth ratio of 4.03 and a beta of 1.41. The firm’s 50 day moving average is $58.59 and its 200 day moving average is $53.71. Lattice Semiconductor Co. has a 12 month low of $40.65 and a 12 month high of $85.69.

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

Insider Buying and Selling

In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 1,850 shares of the business’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $57.28, for a total transaction of $105,968.00. Following the sale, the senior vice president now owns 83,289 shares of the company’s stock, valued at $4,770,793.92. The trade was a 2.17 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Pravin Desale sold 1,096 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $62.54, for a total transaction of $68,543.84. Following the sale, the senior vice president now directly owns 365 shares in the company, valued at $22,827.10. The trade was a 75.02 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,051 shares of company stock valued at $499,498. 1.80% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

LSCC has been the subject of a number of analyst reports. Stifel Nicolaus lifted their price target on Lattice Semiconductor from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of 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 dropped their target price on shares of Lattice Semiconductor from $60.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Robert W. Baird lifted their target price on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the stock an “outperform” rating in a research report 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 report on Tuesday, February 11th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus 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.