SG Americas Securities LLC Sells 1,075 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

SG Americas Securities LLC trimmed its holdings in Lattice Semiconductor Co. (NASDAQ:LSCC) by 37.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,833 shares of the semiconductor company’s stock after selling 1,075 shares during the period. SG Americas Securities LLC’s holdings in Lattice Semiconductor were worth $104,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. UMB Bank n.a. raised 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 period. Hollencrest Capital Management bought a new position in Lattice Semiconductor in the 3rd quarter worth approximately $53,000. Brooklyn Investment Group purchased a new stake in Lattice Semiconductor during the 3rd quarter valued at approximately $89,000. GAMMA Investing LLC raised its position in shares of Lattice Semiconductor by 27.9% during the fourth quarter. GAMMA Investing LLC now owns 2,723 shares of the semiconductor company’s stock valued at $154,000 after buying an additional 594 shares during the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of Lattice Semiconductor by 218.5% in the third quarter. Blue Trust Inc. now owns 3,660 shares of the semiconductor company’s stock worth $212,000 after buying an additional 2,511 shares in the last quarter. Institutional investors own 98.08% of the company’s stock.

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 1,850 shares of the business’s stock in a transaction dated 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 sale, the senior vice president now directly owns 14,279 shares of the company’s stock, valued at $827,039.68. The trade was a 11.47 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Pravin Desale sold 4,387 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $50.01, for a total transaction of $219,393.87. Following the transaction, the senior vice president now directly owns 365 shares in the company, valued at approximately $18,253.65. This trade represents a 92.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 11,022 shares of company stock worth $596,502 over the last 90 days. Company insiders own 1.80% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on LSCC shares. Needham & Company LLC reaffirmed a “buy” rating and set a $70.00 target price on shares of Lattice Semiconductor in a research note on Tuesday. KeyCorp raised their price objective on Lattice Semiconductor from $70.00 to $75.00 and gave the company an “overweight” rating in a research report on Tuesday. StockNews.com upgraded Lattice Semiconductor from a “sell” rating to a “hold” rating in a research report on Wednesday, February 5th. Deutsche Bank Aktiengesellschaft decreased their price objective on Lattice Semiconductor from $56.00 to $50.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Finally, Stifel Nicolaus increased their target price on Lattice Semiconductor from $65.00 to $70.00 and gave the company a “buy” rating in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $66.25.

Lattice Semiconductor Stock Up 4.9 %

Shares of LSCC opened at $61.52 on Thursday. The business has a fifty day moving average of $57.84 and a 200 day moving average of $53.01. The company has a market cap of $8.49 billion, a PE ratio of 59.73 and a beta of 1.41. Lattice Semiconductor Co. has a 52-week low of $40.65 and a 52-week high of $85.69.

Lattice Semiconductor (NASDAQ:LSCC) last released its earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.14). Lattice Semiconductor had a return on equity of 16.84% and a net margin of 25.48%. As a group, research analysts anticipate that Lattice Semiconductor Co. will post 0.54 earnings per share for the current fiscal year.

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.