EntryPoint Capital LLC Buys 1,232 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

EntryPoint Capital LLC raised its stake in Lattice Semiconductor Co. (NASDAQ:LSCC) by 28.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,626 shares of the semiconductor company’s stock after purchasing an additional 1,232 shares during the period. EntryPoint Capital LLC’s holdings in Lattice Semiconductor were worth $319,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in LSCC. Charles Schwab Investment Management Inc. raised its stake in shares of Lattice Semiconductor by 2.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 909,877 shares of the semiconductor company’s stock worth $48,287,000 after acquiring an additional 22,770 shares in the last quarter. Algert Global LLC purchased a new position in Lattice Semiconductor in the third quarter worth $728,000. Larson Financial Group LLC increased its position in shares of Lattice Semiconductor by 38.3% during the third quarter. Larson Financial Group LLC now owns 4,437 shares of the semiconductor company’s stock worth $235,000 after purchasing an additional 1,228 shares in the last quarter. Bank of Montreal Can lifted its holdings in shares of Lattice Semiconductor by 265.8% during the 3rd quarter. Bank of Montreal Can now owns 143,679 shares of the semiconductor company’s stock valued at $7,690,000 after purchasing an additional 104,400 shares during the last quarter. Finally, Brooklyn Investment Group acquired a new stake in shares of Lattice Semiconductor in the 3rd quarter worth $89,000. 98.08% of the stock is currently owned by institutional investors.

Lattice Semiconductor Stock Down 2.2 %

Shares of LSCC stock opened at $59.15 on Friday. Lattice Semiconductor Co. has a 52-week low of $40.65 and a 52-week high of $80.13. The stock has a market cap of $8.14 billion, a PE ratio of 134.43, a price-to-earnings-growth ratio of 3.03 and a beta of 1.43. The business has a 50-day simple moving average of $60.47 and a 200-day simple moving average of $56.41.

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

Wall Street Analysts Forecast Growth

A number of research firms have commented on LSCC. Stifel Nicolaus increased 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. Needham & Company LLC reaffirmed a “buy” rating and issued a $70.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, February 11th. KeyCorp boosted their target price 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. Robert W. Baird raised their price target on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the stock an “outperform” rating in a report on Wednesday, December 11th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $85.00 price objective on shares of Lattice Semiconductor in a report on Monday, February 10th. Two investment analysts have rated the stock with a sell rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, Lattice Semiconductor has an average rating of “Moderate Buy” and an average target price of $66.25.

Insider Activity at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,890 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $68.29, for a total value of $197,358.10. Following the completion of the transaction, the senior vice president now owns 93,903 shares in the company, valued at approximately $6,412,635.87. This represents a 2.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Mark Jon Nelson sold 1,850 shares of the stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $57.28, for a total transaction of $105,968.00. Following the sale, the senior vice president now directly owns 83,289 shares in the company, valued at approximately $4,770,793.92. The trade was a 2.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 14,740 shares of company stock worth $943,026 in the last three months. Company insiders own 1.80% of the company’s stock.

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.