Bryn Mawr Capital Management LLC Acquires Shares of 3,536 Lattice Semiconductor Co. (NASDAQ:LSCC)

Bryn Mawr Capital Management LLC acquired a new stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,536 shares of the semiconductor company’s stock, valued at approximately $202,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Bessemer Group Inc. boosted its holdings in Lattice Semiconductor by 11.5% during the first quarter. Bessemer Group Inc. now owns 1,471 shares of the semiconductor company’s stock valued at $115,000 after purchasing an additional 152 shares in the last quarter. Van ECK Associates Corp boosted its holdings in Lattice Semiconductor by 95.1% during the fourth quarter. Van ECK Associates Corp now owns 357 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 174 shares in the last quarter. Covestor Ltd boosted its holdings in Lattice Semiconductor by 16.1% during the first quarter. Covestor Ltd now owns 1,916 shares of the semiconductor company’s stock valued at $150,000 after purchasing an additional 266 shares in the last quarter. Swedbank AB boosted its holdings in Lattice Semiconductor by 0.6% during the second quarter. Swedbank AB now owns 53,807 shares of the semiconductor company’s stock valued at $3,120,000 after purchasing an additional 300 shares in the last quarter. Finally, Tidal Investments LLC boosted its holdings in Lattice Semiconductor by 10.2% during 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. 98.08% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 1,232 shares of the company’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $48.98, for a total transaction of $60,343.36. Following the completion of the sale, the senior vice president now owns 14,919 shares in the company, valued at approximately $730,732.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, SVP Mark Jon Nelson sold 1,232 shares of the business’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $48.98, for a total value of $60,343.36. Following the completion of the transaction, the senior vice president now owns 14,919 shares of the company’s stock, valued at approximately $730,732.62. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Sherri R. Luther sold 20,632 shares of the business’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $48.89, for a total transaction of $1,008,698.48. Following the completion of the transaction, the chief financial officer now directly owns 90,341 shares of the company’s stock, valued at approximately $4,416,771.49. The disclosure for this sale can be found here. Corporate insiders own 1.80% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently issued reports on LSCC shares. Raymond James upgraded shares of Lattice Semiconductor from a “market perform” rating to an “outperform” rating and set a $50.00 target price for the company in a research note on Thursday, August 8th. Stifel Nicolaus cut their target price on shares of Lattice Semiconductor from $67.00 to $55.00 and set a “hold” rating for the company in a research note on Tuesday, July 30th. Jefferies Financial Group reiterated a “buy” rating and issued a $88.00 target price (up previously from $84.00) on shares of Lattice Semiconductor in a research note on Monday, May 13th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Lattice Semiconductor from $82.00 to $56.00 and set a “buy” rating for the company in a research note on Tuesday, July 30th. Finally, Bank of America cut shares of Lattice Semiconductor from a “neutral” rating to an “underperform” rating and cut their target price for the company from $83.00 to $47.00 in a research note on Tuesday, July 30th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $65.17.

Lattice Semiconductor Stock Up 0.7 %

LSCC stock traded up $0.31 during trading on Friday, hitting $47.36. The company had a trading volume of 12,679,389 shares, compared to its average volume of 2,367,624. The firm has a 50-day moving average price of $53.16 and a 200-day moving average price of $65.79. The stock has a market cap of $6.51 billion, a price-to-earnings ratio of 30.36, a PEG ratio of 12.19 and a beta of 1.39. Lattice Semiconductor Co. has a 12 month low of $41.65 and a 12 month high of $98.30.

Lattice Semiconductor (NASDAQ:LSCC) last issued its earnings results on Monday, July 29th. The semiconductor company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.01). The business had revenue of $124.08 million for the quarter, compared to the consensus estimate of $130.17 million. Lattice Semiconductor had a net margin of 30.26% and a return on equity of 23.39%. The business’s revenue was down 34.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.40 EPS. Equities analysts expect that Lattice Semiconductor Co. will post 0.59 EPS for the current 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.