Lattice Semiconductor Co. (NASDAQ:LSCC) Shares Sold by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB lowered its position in Lattice Semiconductor Co. (NASDAQ:LSCC) by 4.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 39,984 shares of the semiconductor company’s stock after selling 1,957 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Lattice Semiconductor were worth $2,265,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of Lattice Semiconductor by 4.4% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 16,719 shares of the semiconductor company’s stock valued at $947,000 after acquiring an additional 703 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its stake in Lattice Semiconductor by 13.4% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,007 shares of the semiconductor company’s stock valued at $510,000 after acquiring an additional 1,064 shares in the last quarter. Pacer Advisors Inc. raised its holdings in Lattice Semiconductor by 11.6% during the fourth 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. lifted its stake in Lattice Semiconductor by 14.3% during the fourth quarter. First Citizens Bank & Trust Co. now owns 5,365 shares of the semiconductor company’s stock valued at $304,000 after purchasing an additional 673 shares during the last quarter. Finally, Compass Wealth Management LLC purchased a new stake in Lattice Semiconductor during the fourth quarter valued at about $1,324,000. 98.08% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Raymond James cut their target price on Lattice Semiconductor from $55.00 to $52.00 and set an “outperform” rating on the stock in a report on Tuesday, November 5th. Stifel Nicolaus raised their price target on shares of Lattice Semiconductor from $55.00 to $65.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. StockNews.com raised shares of Lattice Semiconductor from a “sell” rating to a “hold” rating in a research note on Wednesday, February 5th. Robert W. Baird increased their price objective on Lattice Semiconductor from $44.00 to $68.00 and gave the stock an “outperform” rating in a report on Wednesday, December 11th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Lattice Semiconductor from $56.00 to $50.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. One analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $64.58.

Insiders Place Their Bets

In other news, SVP Mark Jon Nelson sold 1,850 shares of the business’s stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $57.92, for a total transaction of $107,152.00. Following the transaction, the senior vice president now directly owns 14,279 shares in the company, valued at $827,039.68. The trade was a 11.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Pravin Desale sold 1,096 shares of Lattice Semiconductor stock in a transaction dated 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 owns 365 shares of the company’s stock, valued at approximately $22,827.10. This represents a 75.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,022 shares of company stock valued at $596,502. 1.80% of the stock is owned by company insiders.

Lattice Semiconductor Stock Performance

Lattice Semiconductor stock opened at $53.29 on Monday. The company has a 50 day moving average price of $57.91 and a 200-day moving average price of $53.00. Lattice Semiconductor Co. has a fifty-two week low of $40.65 and a fifty-two week high of $85.69. The company has a market capitalization of $7.35 billion, a PE 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.