Truvestments Capital LLC Purchases 274 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Truvestments Capital LLC raised its position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) by 6.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,295 shares of the semiconductor company’s stock after acquiring an additional 274 shares during the period. Truvestments Capital LLC’s holdings in Lattice Semiconductor were worth $243,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Eagle Asset Management Inc. increased its position in Lattice Semiconductor by 9.4% during the third quarter. Eagle Asset Management Inc. now owns 452,170 shares of the semiconductor company’s stock valued at $24,657,000 after acquiring an additional 38,826 shares during the last quarter. Pier Capital LLC increased its position in Lattice Semiconductor by 114.7% during the third quarter. Pier Capital LLC now owns 161,505 shares of the semiconductor company’s stock valued at $8,571,000 after acquiring an additional 86,276 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in Lattice Semiconductor during the third quarter valued at $1,314,000. Stifel Financial Corp increased its position in Lattice Semiconductor by 99.0% during the third quarter. Stifel Financial Corp now owns 59,778 shares of the semiconductor company’s stock valued at $3,172,000 after acquiring an additional 29,734 shares during the last quarter. Finally, Meeder Asset Management Inc. increased its position in Lattice Semiconductor by 553.4% during the third quarter. Meeder Asset Management Inc. now owns 15,885 shares of the semiconductor company’s stock valued at $843,000 after acquiring an additional 13,454 shares during the last quarter. Institutional investors own 98.08% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. StockNews.com cut shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a research report on Tuesday. Stifel Nicolaus boosted their target price on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, February 11th. Robert W. Baird boosted their target price on shares of Lattice Semiconductor from $44.00 to $68.00 and gave the company an “outperform” rating in a research note on Wednesday, December 11th. Susquehanna boosted their target price 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. Finally, KeyCorp boosted their target price on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company an “overweight” rating in a research note on Tuesday, February 11th. Two equities research analysts have rated the stock with a sell rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, Lattice Semiconductor presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.25.

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Mark Jon Nelson sold 1,850 shares of the stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $57.28, for a total transaction of $105,968.00. Following the completion of the sale, the senior vice president now directly owns 83,289 shares of the company’s stock, valued at approximately $4,770,793.92. This represents a 2.17 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Robin Ann Abrams sold 10,000 shares of the stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $63.97, for a total transaction of $639,700.00. Following the sale, the director now directly owns 122,538 shares of the company’s stock, valued at approximately $7,838,755.86. The trade was a 7.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 14,740 shares of company stock valued at $943,026. 1.19% of the stock is currently owned by insiders.

Lattice Semiconductor Price Performance

NASDAQ:LSCC opened at $58.61 on Thursday. Lattice Semiconductor Co. has a 1-year low of $40.65 and a 1-year high of $80.89. The company has a 50-day moving average of $59.35 and a 200 day moving average of $55.27. The firm has a market cap of $8.08 billion, a PE ratio of 133.21, a price-to-earnings-growth ratio of 3.03 and a beta of 1.43.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings data 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 return on equity of 11.22% and a net margin of 12.00%. Sell-side analysts anticipate that Lattice Semiconductor Co. will post 0.65 EPS 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.