GABELLI & Co INVESTMENT ADVISERS INC. purchased a new stake in Lattice Semiconductor Corporation (NASDAQ:LSCC) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 319,106 shares of the company’s stock, valued at approximately $2,349,000.
Several other large investors also recently modified their holdings of the company. Wells Fargo & Company MN increased its position in Lattice Semiconductor Corporation by 1.5% in the third quarter. Wells Fargo & Company MN now owns 370,277 shares of the company’s stock valued at $2,403,000 after buying an additional 5,391 shares during the period. Ameriprise Financial Inc. boosted its stake in Lattice Semiconductor Corporation by 2.3% in the third quarter. Ameriprise Financial Inc. now owns 15,834,254 shares of the company’s stock worth $102,764,000 after buying an additional 353,593 shares in the last quarter. Quentec Asset Management LLC boosted its stake in Lattice Semiconductor Corporation by 1.0% in the third quarter. Quentec Asset Management LLC now owns 2,082,523 shares of the company’s stock worth $13,515,000 after buying an additional 21,312 shares in the last quarter. Paradigm Capital Management Inc. NY boosted its stake in Lattice Semiconductor Corporation by 2.4% in the third quarter. Paradigm Capital Management Inc. NY now owns 1,973,600 shares of the company’s stock worth $12,809,000 after buying an additional 46,400 shares in the last quarter. Finally, Victory Capital Management Inc. bought a new stake in Lattice Semiconductor Corporation during the third quarter worth approximately $1,863,000. 78.63% of the stock is owned by hedge funds and other institutional investors.
Lattice Semiconductor Corporation (NASDAQ:LSCC) traded down 0.14% during trading on Tuesday, hitting $6.96. The stock had a trading volume of 502,137 shares. Lattice Semiconductor Corporation has a 12-month low of $4.27 and a 12-month high of $7.99. The company has a 50 day moving average of $7.18 and a 200-day moving average of $6.74. The company’s market cap is $843.22 million.
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Several research firms have commented on LSCC. Zacks Investment Research cut Lattice Semiconductor Corporation from a “hold” rating to a “sell” rating in a report on Friday, November 11th. Robert W. Baird restated a “neutral” rating and issued a $8.00 price target on shares of Lattice Semiconductor Corporation in a report on Thursday, November 3rd. Finally, Jefferies Group LLC cut Lattice Semiconductor Corporation from a “buy” rating to a “hold” rating in a report on Friday, November 4th. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Lattice Semiconductor Corporation presently has a consensus rating of “Hold” and an average target price of $7.00.
About Lattice Semiconductor Corporation
Lattice Semiconductor Corporation is a United States-based company, which develops semiconductor technologies that it monetizes through products, solutions and licenses. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property (IP) and semiconductor devices, and Qterics, a discrete software-as-a-service business unit in the Lattice legal entity structure.
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