Amundi Has $3.87 Million Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

Amundi cut its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 50.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,249 shares of the semiconductor company’s stock after selling 71,104 shares during the quarter. Amundi’s holdings in Lattice Semiconductor were worth $3,865,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. UMB Bank n.a. grew its holdings in Lattice Semiconductor by 67.7% in the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 266 shares during the period. Arcadia Investment Management Corp MI acquired a new stake in Lattice Semiconductor in the fourth quarter worth $38,000. Jones Financial Companies Lllp grew its holdings in Lattice Semiconductor by 88.1% in the fourth quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company’s stock worth $45,000 after purchasing an additional 370 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in Lattice Semiconductor in the fourth quarter worth $57,000. Finally, Lindbrook Capital LLC grew its holdings in Lattice Semiconductor by 15.3% in the fourth quarter. Lindbrook Capital LLC now owns 1,428 shares of the semiconductor company’s stock worth $81,000 after purchasing an additional 190 shares during the period. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Lattice Semiconductor Price Performance

LSCC opened at $60.79 on Monday. The company’s 50-day moving average is $59.48 and its 200 day moving average is $55.50. Lattice Semiconductor Co. has a fifty-two week low of $40.65 and a fifty-two week high of $80.47. The firm has a market capitalization of $8.38 billion, a P/E ratio of 138.16, a PEG ratio of 3.03 and a beta of 1.43.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share 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%. On average, equities research analysts expect that Lattice Semiconductor Co. will post 0.65 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on LSCC shares. Stifel Nicolaus raised their price target on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. KeyCorp raised their price target on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. StockNews.com lowered shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a research note on Tuesday, March 11th. Benchmark raised their price objective on shares of Lattice Semiconductor from $55.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Finally, Susquehanna raised their price objective on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company a “positive” rating in a research note on Tuesday, February 11th. Two investment analysts have rated the stock with a sell rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, Lattice Semiconductor currently has a consensus rating of “Moderate Buy” and an average price target of $66.25.

Insiders Place Their Bets

In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 1,850 shares of Lattice Semiconductor stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $57.28, for a total value of $105,968.00. Following the sale, the senior vice president now owns 83,289 shares of the company’s stock, valued at approximately $4,770,793.92. The trade was a 2.17 % 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, Director Robin Ann Abrams sold 10,000 shares of Lattice Semiconductor stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total transaction of $639,700.00. Following the completion of the transaction, the director now owns 122,538 shares of the company’s stock, valued at $7,838,755.86. The trade was a 7.55 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 14,740 shares of company stock valued at $943,026. Company insiders own 1.80% of the company’s stock.

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.