FORA Capital LLC Makes New $1.93 Million Investment in Lattice Semiconductor Co. (NASDAQ:LSCC)

FORA Capital LLC acquired a new position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 36,342 shares of the semiconductor company’s stock, valued at approximately $1,929,000.

A number of other hedge funds have also made changes to their positions in the business. Tidal Investments LLC boosted its holdings in Lattice Semiconductor by 10.2% in the first quarter. Tidal Investments LLC now owns 3,320 shares of the semiconductor company’s stock valued at $260,000 after purchasing an additional 308 shares in the last quarter. Virtu Financial LLC purchased a new position in shares of Lattice Semiconductor in the 1st quarter valued at $754,000. Swedbank AB acquired a new stake in Lattice Semiconductor during the 1st quarter worth $4,186,000. DekaBank Deutsche Girozentrale lifted its position in Lattice Semiconductor by 131.9% in the first quarter. DekaBank Deutsche Girozentrale now owns 446,178 shares of the semiconductor company’s stock valued at $35,265,000 after acquiring an additional 253,788 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in Lattice Semiconductor by 105.9% in the first quarter. EverSource Wealth Advisors LLC now owns 1,454 shares of the semiconductor company’s stock valued at $114,000 after acquiring an additional 748 shares in the last quarter. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Robert W. Baird reduced their target price on Lattice Semiconductor from $70.00 to $44.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. KeyCorp decreased their price objective on Lattice Semiconductor from $60.00 to $54.00 and set an “overweight” rating for the company in a report on Tuesday, November 5th. StockNews.com lowered shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a research report on Saturday, August 3rd. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Lattice Semiconductor from $56.00 to $50.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. Finally, Raymond James lowered their price objective on shares of Lattice Semiconductor from $55.00 to $52.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. Two research analysts have rated the stock with a sell rating and eleven have given a buy rating to the company. According to data from MarketBeat, Lattice Semiconductor has an average rating of “Moderate Buy” and a consensus target price of $58.42.

Insider Buying and Selling at Lattice Semiconductor

In related news, SVP Tracy Ann Feanny sold 1,474 shares of the firm’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 sale, the senior vice president now owns 13,909 shares in the company, valued at $707,411.74. This trade represents a 9.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Pravin Desale sold 4,387 shares of the business’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $50.01, for a total transaction of $219,393.87. Following the sale, the senior vice president now directly owns 365 shares in the company, valued at approximately $18,253.65. This represents a 92.32 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 6,226 shares of company stock valued at $314,838. 1.19% of the stock is owned by company insiders.

Lattice Semiconductor Stock Up 0.6 %

NASDAQ LSCC opened at $56.32 on Thursday. Lattice Semiconductor Co. has a 52-week low of $40.65 and a 52-week high of $85.69. The firm has a 50-day moving average price of $52.52 and a 200 day moving average price of $55.27. The stock has a market capitalization of $7.77 billion, a P/E ratio of 54.68 and a beta of 1.39.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly 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 business had revenue of $127.09 million during the quarter, compared to analysts’ expectations of $127.05 million. During the same period last year, the firm earned $0.41 EPS. The company’s quarterly revenue was down 33.9% compared to the same quarter last year. On average, equities research analysts expect that Lattice Semiconductor Co. will post 0.54 earnings per share for the current fiscal 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.