NZS Capital LLC Has $28.34 Million Stock Holdings in Lattice Semiconductor Co. (NASDAQ:LSCC)

NZS Capital LLC lifted its position in Lattice Semiconductor Co. (NASDAQ:LSCC) by 0.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 500,300 shares of the semiconductor company’s stock after buying an additional 3,992 shares during the quarter. NZS Capital LLC owned about 0.36% of Lattice Semiconductor worth $28,342,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of LSCC. UMB Bank n.a. lifted its position in Lattice Semiconductor by 67.7% during the 4th quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock worth $37,000 after acquiring an additional 266 shares during the last quarter. Arcadia Investment Management Corp MI acquired a new position in shares of Lattice Semiconductor during the 4th quarter worth about $38,000. Skandinaviska Enskilda Banken AB publ boosted its stake in Lattice Semiconductor by 102.7% during the 4th quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company’s stock valued at $38,000 after purchasing an additional 340 shares during the period. Jones Financial Companies Lllp grew its holdings in Lattice Semiconductor by 88.1% in the 4th quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company’s stock valued at $45,000 after buying an additional 370 shares during the last quarter. Finally, Johnson Financial Group Inc. bought a new position in Lattice Semiconductor in the 4th quarter worth approximately $52,000. 98.08% of the stock is owned by institutional investors.

Insider Transactions at Lattice Semiconductor

In other news, SVP Pravin Desale sold 2,890 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $68.29, for a total value of $197,358.10. Following the completion of the sale, the senior vice president now directly owns 93,903 shares in the company, valued at approximately $6,412,635.87. This trade represents a 2.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Robin Ann Abrams sold 10,000 shares of the company’s 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 transaction, the director now owns 122,538 shares in the company, valued at approximately $7,838,755.86. This trade represents a 7.55 % decrease in their position. The disclosure for this sale can be found here. 1.80% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Susquehanna raised their price objective on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the stock a “positive” rating in a research note on Tuesday, February 11th. Loop Capital initiated coverage on shares of Lattice Semiconductor in a report on Friday, April 4th. They set a “buy” rating and a $85.00 price objective on the stock. Benchmark increased their target price 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. StockNews.com downgraded Lattice Semiconductor from a “hold” rating to a “sell” rating in a research report on Tuesday, March 11th. Finally, KeyCorp upped their price target on Lattice Semiconductor from $70.00 to $75.00 and gave the company an “overweight” rating in a report on Tuesday, February 11th. Two investment analysts have rated the stock with a sell rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Lattice Semiconductor has an average rating of “Moderate Buy” and an average target price of $67.69.

Lattice Semiconductor Price Performance

Lattice Semiconductor stock opened at $49.04 on Friday. The firm has a market capitalization of $6.75 billion, a P/E ratio of 111.46, a P/E/G ratio of 3.03 and a beta of 1.64. The stock has a fifty day moving average price of $54.14 and a two-hundred day moving average price of $55.48. Lattice Semiconductor Co. has a 52-week low of $34.69 and a 52-week high of $78.85.

Lattice Semiconductor (NASDAQ:LSCC) last announced its earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.14). Lattice Semiconductor had a return on equity of 11.22% and a net margin of 12.00%. On average, equities research analysts predict that Lattice Semiconductor Co. will post 0.65 EPS 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.