Paloma Partners Management Co sold its entire $9.8 million stake in Lattice Semiconductor Corp, previously 1.4% of its portfolio, as per a Nov. 14 SEC filing. Lattice shares were at $64.18, up 26.8% in the past year, outperforming the S&P 500 by 12.1 points. The company focuses on programmable logic devices.

While Paloma Partners Management Co exited its position in Lattice Semiconductor, the shares performed well, beating the market. The stock returned 39.2% this year through Dec. 5, outperforming the S&P 500 and Nasdaq Composite. The investment firm holds a mix of investments in its remaining portfolio, including equities and convertible notes.

Paloma Partners Management Co’s exit from Lattice Semiconductor follows a quarterly SEC filing requirement. The company focuses on programmable logic devices and serves OEMs in various markets. Lattice develops FPGAs and related solutions, generating revenue through direct sales and technology licensing. The stock has performed strongly, outperforming major indices.

For investors looking for stock tips, Stock Advisor has revealed the 10 best stocks to buy right now. The team’s average return is 991%, significantly outperforming the S&P 500. Join Stock Advisor to access their latest stock recommendations and make informed investment decisions. Lawrence Rothman, CFA, has no positions in the mentioned stocks. The Motley Fool has positions in and recommends Advanced Micro Devices.

Read more at Nasdaq: Paloma Dumps 200,000 Lattice Semiconductor LSCC Shares in $9.8 Million Exit