Global X Japan Co. Ltd. Sells 2,006 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Global X Japan Co. Ltd. lowered its position in Lattice Semiconductor Co. (NASDAQ:LSCC) by 15.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,189 shares of the semiconductor company’s stock after selling 2,006 shares during the period. Global X Japan Co. Ltd.’s holdings in Lattice Semiconductor were worth $634,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. UMB Bank n.a. grew its stake 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 purchasing an additional 266 shares during the period. Hollencrest Capital Management purchased a new position in Lattice Semiconductor during the third quarter valued at $53,000. Brooklyn Investment Group bought a new position in shares of Lattice Semiconductor during the 3rd quarter valued at approximately $89,000. GAMMA Investing LLC boosted its holdings in Lattice Semiconductor by 257.8% in the 3rd quarter. GAMMA Investing LLC now owns 2,129 shares of the semiconductor company’s stock worth $113,000 after buying an additional 1,534 shares during the period. Finally, Resonant Capital Advisors LLC bought a new stake in Lattice Semiconductor during the third quarter valued at about $207,000. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Analyst Upgrades and Downgrades

LSCC has been the topic of several recent analyst reports. TD Cowen reduced their price objective 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. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Lattice Semiconductor from $56.00 to $50.00 and set a “buy” rating for the company in a report on Tuesday, November 5th. Robert W. Baird boosted their target price on Lattice Semiconductor from $44.00 to $68.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 11th. Stifel Nicolaus raised their price target on Lattice Semiconductor from $55.00 to $65.00 and gave the company a “buy” rating in a report on Wednesday, December 11th. Finally, Susquehanna upped their price objective on Lattice Semiconductor from $55.00 to $70.00 and gave the stock a “positive” rating in a report on Wednesday, January 22nd. One analyst has rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Lattice Semiconductor presently has a consensus rating of “Moderate Buy” and a consensus price target of $64.58.

Lattice Semiconductor Trading Down 2.3 %

LSCC stock opened at $54.16 on Friday. The company has a market capitalization of $7.47 billion, a PE ratio of 52.58 and a beta of 1.41. Lattice Semiconductor Co. has a 12-month low of $40.65 and a 12-month high of $85.69. The business’s fifty day moving average price is $58.02 and its 200 day moving average price is $53.06.

Lattice Semiconductor (NASDAQ:LSCC) last posted its earnings results on Monday, November 4th. The semiconductor company reported $0.24 EPS for the quarter, meeting the consensus estimate of $0.24. Lattice Semiconductor had a return on equity of 16.84% and a net margin of 25.48%. The firm had revenue of $127.09 million for the quarter, compared to analyst estimates of $127.05 million. During the same quarter in the prior year, the company posted $0.41 earnings per share. Lattice Semiconductor’s revenue for the quarter was down 33.9% compared to the same quarter last year. Research analysts predict that Lattice Semiconductor Co. will post 0.54 EPS for the current fiscal year.

Insider Activity

In related news, SVP Tracy Ann Feanny sold 1,474 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $50.86, for a total value of $74,967.64. Following the completion of the transaction, the senior vice president now owns 13,909 shares of the company’s stock, valued at approximately $707,411.74. The trade was a 9.58 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Pravin Desale sold 4,387 shares of the company’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $50.01, for a total value of $219,393.87. Following the completion of the transaction, the senior vice president now owns 365 shares of the company’s stock, valued at $18,253.65. The trade was a 92.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,022 shares of company stock valued at $596,502. 1.19% of the stock is currently owned by company insiders.

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.