Cwm LLC Acquires 6,706 Shares of Lattice Semiconductor Corporation (NASDAQ:LSCC)

Cwm LLC boosted its position in Lattice Semiconductor Corporation (NASDAQ:LSCC) by 25.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 33,163 shares of the semiconductor company’s stock after acquiring an additional 6,706 shares during the period. Cwm LLC’s holdings in Lattice Semiconductor were worth $1,739,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Sterling Capital Management LLC boosted its stake in shares of Lattice Semiconductor by 5.7% during the 4th quarter. Sterling Capital Management LLC now owns 3,002 shares of the semiconductor company’s stock valued at $170,000 after purchasing an additional 163 shares in the last quarter. Allworth Financial LP boosted its stake in shares of Lattice Semiconductor by 65.7% during the 1st quarter. Allworth Financial LP now owns 560 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 222 shares in the last quarter. Global X Japan Co. Ltd. lifted its position in Lattice Semiconductor by 2.3% during the 1st quarter. Global X Japan Co. Ltd. now owns 11,441 shares of the semiconductor company’s stock valued at $600,000 after acquiring an additional 252 shares during the period. Resonant Capital Advisors LLC lifted its position in Lattice Semiconductor by 7.1% during the 1st quarter. Resonant Capital Advisors LLC now owns 4,215 shares of the semiconductor company’s stock valued at $221,000 after acquiring an additional 280 shares during the period. Finally, New Mexico Educational Retirement Board lifted its position in Lattice Semiconductor by 1.1% during the 1st quarter. New Mexico Educational Retirement Board now owns 28,300 shares of the semiconductor company’s stock valued at $1,484,000 after acquiring an additional 300 shares during the period. Institutional investors own 98.08% of the company’s stock.

Insider Buying and Selling at Lattice Semiconductor

In other news, Director Elizabeth M. Schwarting sold 700 shares of the stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $52.03, for a total value of $36,421.00. Following the sale, the director owned 8,084 shares of the company’s stock, valued at approximately $420,610.52. This represents a 7.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Tracy Ann Feanny sold 1,790 shares of the stock in a transaction on Monday, May 12th. The shares were sold at an average price of $56.56, for a total transaction of $101,242.40. Following the completion of the sale, the senior vice president directly owned 87,106 shares in the company, valued at approximately $4,926,715.36. This represents a 2.01% decrease in their position. The disclosure for this sale can be found here. 1.80% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Raymond James Financial reaffirmed an “outperform” rating and issued a $64.00 target price (down from $66.00) on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Needham & Company LLC reaffirmed a “buy” rating and issued a $70.00 target price on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Williams Trading set a $60.00 target price on shares of Lattice Semiconductor in a report on Tuesday, May 6th. KeyCorp decreased their target price on shares of Lattice Semiconductor from $75.00 to $70.00 and set an “overweight” rating for the company in a report on Tuesday, May 6th. Finally, Loop Capital decreased their target price on shares of Lattice Semiconductor from $85.00 to $75.00 and set a “buy” rating for the company in a report on Tuesday, May 6th. Two equities research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $63.15.

Lattice Semiconductor Trading Up 2.2%

Shares of NASDAQ LSCC opened at $53.03 on Friday. The firm has a 50 day moving average of $50.28 and a 200 day moving average of $53.29. The firm has a market capitalization of $7.29 billion, a price-to-earnings ratio of 143.32, a price-to-earnings-growth ratio of 3.57 and a beta of 1.52. Lattice Semiconductor Corporation has a 12-month low of $34.69 and a 12-month high of $70.55.

Lattice Semiconductor (NASDAQ:LSCC) last released its earnings results on Monday, May 5th. The semiconductor company reported $0.22 EPS for the quarter, hitting the consensus estimate of $0.22. Lattice Semiconductor had a net margin of 10.51% and a return on equity of 9.24%. The firm had revenue of $120.15 million for the quarter, compared to the consensus estimate of $120.09 million. During the same quarter in the previous year, the firm earned $0.29 earnings per share. The company’s quarterly revenue was down 14.7% compared to the same quarter last year. Sell-side analysts predict that Lattice Semiconductor Corporation will post 0.65 EPS for the current year.

Lattice Semiconductor 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.