New York State Teachers Retirement System increased its stake in shares of Lattice Semiconductor Co. (NASDAQ:LSCC – Get Rating) by 6.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 116,618 shares of the semiconductor company’s stock after acquiring an additional 7,040 shares during the period. New York State Teachers Retirement System owned about 0.09% of Lattice Semiconductor worth $7,566,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also bought and sold shares of LSCC. PNC Financial Services Group Inc. raised its holdings in Lattice Semiconductor by 29.8% during the first quarter. PNC Financial Services Group Inc. now owns 7,573 shares of the semiconductor company’s stock worth $462,000 after acquiring an additional 1,737 shares in the last quarter. Acadian Asset Management LLC bought a new stake in Lattice Semiconductor during the first quarter worth about $122,000. Great West Life Assurance Co. Can increased its position in Lattice Semiconductor by 8.1% during the first quarter. Great West Life Assurance Co. Can now owns 74,396 shares of the semiconductor company’s stock worth $4,660,000 after buying an additional 5,572 shares during the last quarter. Canada Pension Plan Investment Board increased its position in Lattice Semiconductor by 5.6% during the first quarter. Canada Pension Plan Investment Board now owns 35,300 shares of the semiconductor company’s stock worth $2,151,000 after buying an additional 1,886 shares during the last quarter. Finally, Allianz Asset Management GmbH acquired a new position in Lattice Semiconductor during the first quarter worth approximately $6,647,000. Institutional investors own 97.09% of the company’s stock.
Insiders Place Their Bets
In other Lattice Semiconductor news, Director Mark Edwin Jensen sold 9,000 shares of the company’s stock in a transaction on Friday, March 31st. The stock was sold at an average price of $94.50, for a total transaction of $850,500.00. Following the completion of the sale, the director now directly owns 97,841 shares in the company, valued at $9,245,974.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Lattice Semiconductor news, Director Mark Edwin Jensen sold 9,000 shares of the company’s stock in a transaction on Friday, March 31st. The stock was sold at an average price of $94.50, for a total transaction of $850,500.00. Following the completion of the sale, the director now directly owns 97,841 shares in the company, valued at $9,245,974.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO James Robert Anderson sold 40,000 shares of the company’s stock in a transaction on Wednesday, February 22nd. The stock was sold at an average price of $82.95, for a total value of $3,318,000.00. Following the sale, the chief executive officer now owns 889,242 shares of the company’s stock, valued at $73,762,623.90. The disclosure for this sale can be found here. Insiders sold 119,249 shares of company stock worth $10,277,346 over the last three months. Insiders own 1.80% of the company’s stock.
Wall Street Analyst Weigh In
Lattice Semiconductor Trading Up 0.1 %
Shares of NASDAQ:LSCC opened at $92.41 on Friday. The company has a market capitalization of $12.72 billion, a P/E ratio of 72.20 and a beta of 1.28. Lattice Semiconductor Co. has a 1 year low of $43.41 and a 1 year high of $96.82. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.98 and a quick ratio of 2.11. The business’s 50 day simple moving average is $88.66 and its 200 day simple moving average is $72.11.
Lattice Semiconductor (NASDAQ:LSCC – Get Rating) last issued its quarterly earnings results on Monday, February 13th. The semiconductor company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. The business had revenue of $175.96 million for the quarter, compared to the consensus estimate of $174.73 million. Lattice Semiconductor had a return on equity of 42.26% and a net margin of 27.09%. The firm’s quarterly revenue was up 24.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.21 earnings per share. On average, research analysts anticipate that Lattice Semiconductor Co. will post 1.72 EPS for the current fiscal year.
About Lattice Semiconductor
Lattice Semiconductor Corp. designs, develops, and markets programmable logic products and related software. The company was founded in 1983 and is headquartered in Hillsboro, OR.
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