Jane Street Group LLC Acquires New Position in Lattice Semiconductor Corporation (LSCC)
Jane Street Group LLC acquired a new position in Lattice Semiconductor Corporation (NASDAQ:LSCC) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 20,566 shares of the semiconductor company’s stock, valued at approximately $107,000.
A number of other large investors have also recently made changes to their positions in LSCC. Amalgamated Bank grew its stake in Lattice Semiconductor by 7.5% in the second quarter. Amalgamated Bank now owns 15,815 shares of the semiconductor company’s stock worth $105,000 after purchasing an additional 1,102 shares in the last quarter. BNP Paribas Arbitrage SA grew its stake in Lattice Semiconductor by 723.3% in the second quarter. BNP Paribas Arbitrage SA now owns 20,608 shares of the semiconductor company’s stock worth $137,000 after purchasing an additional 18,105 shares in the last quarter. FNY Partners Fund LP grew its stake in Lattice Semiconductor by 100.8% in the second quarter. FNY Partners Fund LP now owns 25,900 shares of the semiconductor company’s stock worth $172,000 after purchasing an additional 13,000 shares in the last quarter. Bluefin Trading LLC bought a new position in Lattice Semiconductor in the second quarter worth approximately $176,000. Finally, Legal & General Group Plc grew its stake in Lattice Semiconductor by 2.7% in the second quarter. Legal & General Group Plc now owns 43,266 shares of the semiconductor company’s stock worth $288,000 after purchasing an additional 1,148 shares in the last quarter. 85.49% of the stock is currently owned by institutional investors.
Shares of Lattice Semiconductor Corporation (LSCC) opened at $5.73 on Tuesday. The company has a current ratio of 2.20, a quick ratio of 1.60 and a debt-to-equity ratio of 1.28. The firm has a market capitalization of $706.89, a price-to-earnings ratio of -9.88, a price-to-earnings-growth ratio of 6.13 and a beta of 1.57. Lattice Semiconductor Corporation has a twelve month low of $5.05 and a twelve month high of $7.55.
Lattice Semiconductor (NASDAQ:LSCC) last posted its earnings results on Tuesday, November 7th. The semiconductor company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.05. The company had revenue of $91.97 million during the quarter, compared to analyst estimates of $92.00 million. Lattice Semiconductor had a positive return on equity of 4.39% and a negative net margin of 17.49%. During the same quarter in the prior year, the business earned $0.05 earnings per share. equities analysts forecast that Lattice Semiconductor Corporation will post 0.05 EPS for the current year.
Several brokerages recently issued reports on LSCC. Zacks Investment Research raised Lattice Semiconductor from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 11th. Robert W. Baird reissued a “hold” rating and issued a $8.00 price objective on shares of Lattice Semiconductor in a research note on Sunday, September 17th. ValuEngine lowered Lattice Semiconductor from a “hold” rating to a “sell” rating in a report on Monday, September 18th. Craig Hallum restated a “hold” rating and set a $6.00 target price (down previously from $8.30) on shares of Lattice Semiconductor in a report on Thursday, September 14th. Finally, Jefferies Group upgraded Lattice Semiconductor from a “hold” rating to a “buy” rating and set a $7.00 target price for the company in a report on Wednesday, October 18th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. Lattice Semiconductor has an average rating of “Hold” and a consensus target price of $7.00.
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Lattice Semiconductor Profile
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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