Shares of Lattice Semiconductor (NASDAQ:LSCC) are up big today, on no news that has been released by the company. This has lead many investors to believe that this is a move being affected by technical analysis alone, and perhaps a series of insider buys by executives of the company.
It was noted yesterday that Byron Wayne Milstead, VP Corp of Lattice Semiconductor (NASDAQ:LSCC) purchased 934 shares of company stock on December 25, proceeding other similar purchases he made on December 21 (909 shares), and another buy by VP Corp of Lattice Semiconductor, Joseph Bedewi on the 21st as well.
The stock is up 9.51% or $0.6, hitting $6.88 per share. About 1.99M shares traded hands. LSCC has risen 3.97% since May 26, 2015 and is uptrending. It has outperformed the S&P500 by 6.23%.
The institutional sentiment decreased to 0.81 in Q2 2015. It’s down 0.02, from 0.83 in 2015Q2. The ratio fall, as 27 funds sold all their Lattice Semiconductor shares they owned while 42 reduced their positions. 8 funds bought stakes while 48 increased their total positions. Institutions now own 104.34 million shares which is 5.62% less than the previous share count of 110.55 million in 2015Q2.
Tieton Capital Management Llc holds 2.64% of its total portfolio in Lattice Semiconductor, equating to 734,060 shares. Paradigm Capital Management Inc Ny owns 1.97 million shares representing 0.92% of their total US portfolio. Moreover, Nwq Investment Management Company Llc has 0.78% of their total portfolio invested in the company, equating to 13.14 million shares. The Washington-based Washington Capital Management Inc has a total of 0.77% of their portfolio invested in the stock. Soros Fund Management Llc, a New York-based fund reported 11.27 million shares owned.
Since March 5, 2015, the stock had 0 insider buys, and 1 sale for a total of $6,012 in net activity. Milstead Byron Wayne sold 1,427 shares worth $6,012. Bedewi Joseph sold 33,165 shares worth $206,505.
Lattice Semiconductor Corporation designs, develops and markets programmable logic products and related software. The company has a market cap of $757.05 million. The Firm also provides design services, customer training, field engineering and technical support. It currently has negative earnings. The Firm has two programmable logic device (PLD) architectures, which include field programmable gate arrays (FPGAs) and complex programmable logic devices (CPLDs).