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Asset Management One Co. Ltd. Purchases 1,339 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

Asset Management One Co. Ltd. recently purchased a new stake in Lattice Semiconductor Co. during the first quarter of this year. The asset management company bought 1,339 shares of Lattice Semiconductor, valued at approximately $128,000.

Several other large investors have also increased or decreased their stakes in the company. Massmutual Trust Co. FSB ADV increased its stake in Lattice Semiconductor by 115.1% in the first quarter, while Rockefeller Capital Management L.P. boosted its stake by 404.7% in the fourth quarter. West Oak Capital LLC also raised its stake by 100.0% in the first quarter, and Belpointe Asset Management LLC purchased a new stake in the fourth quarter. CENTRAL TRUST Co increased its stake by 67.1% in the fourth quarter as well.

Hedge funds and other institutional investors own 98.06% of Lattice Semiconductor’s stock.

Lattice Semiconductor has received a number of recent research reports from analysts. StockNews.com initiated coverage on Lattice Semiconductor with a “hold” rating. KeyCorp increased the price target on the stock from $100.00 to $110.00 and gave it an “overweight” rating. Raymond James also initiated coverage with a “market perform” rating, while Jefferies Financial Group increased the price target from $96.00 to $102.00. Stifel Nicolaus also raised the price target from $71.00 to $82.00.

In related news, SVP Tracy Ann Feanny sold 406 shares of Lattice Semiconductor stock. SVP Mark Jon Nelson also sold 946 shares. Over the last 90 days, insiders have sold a total of 91,324 shares of company stock.

Lattice Semiconductor’s stock opened at $96.79 on Wednesday. The company has a 12-month low of $44.53 and a 12-month high of $98.18. It has a debt-to-equity ratio of 0.20 and a current ratio of 3.59. The stock has a market capitalization of $13.30 billion and a P/E ratio of 68.16.

Lattice Semiconductor reported $0.51 EPS for the first quarter, beating the consensus estimate by $0.01. The company had a return on equity of 44.49% and a net margin of 28.63%. It generated $184.30 million in revenue during the quarter. Analysts predict that Lattice Semiconductor Co. will post 1.7 EPS for the current fiscal year.

Lattice Semiconductor Corporation develops and sells semiconductor products worldwide. It offers field programmable gate arrays as well as video connectivity application specific standard products.

The post Asset Management One Co. Ltd. Purchases 1,339 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC) appeared first on TS2 SPACE.



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Asset Management One Co. Ltd. Purchases 1,339 Shares of Lattice Semiconductor Co. (NASDAQ:LSCC)

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