Sanctuary Advisors LLC purchased a new position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 5,130 shares of the semiconductor company’s stock, valued at approximately $785,000.
Other hedge funds have also added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. acquired a new position in Lattice Semiconductor during the second quarter valued at approximately $55,206,000. Meiji Yasuda Asset Management Co Ltd. acquired a new stake in shares of Lattice Semiconductor in the 2nd quarter valued at $483,000. Globeflex Capital L P bought a new position in shares of Lattice Semiconductor in the 2nd quarter valued at $434,000. Haverford Trust Co bought a new position in shares of Lattice Semiconductor in the 2nd quarter valued at $528,000. Finally, Elevation Point Wealth Partners LLC acquired a new position in shares of Lattice Semiconductor during the 2nd quarter worth $271,000. 98.08% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several research firms recently weighed in on LSCC. Robert W. Baird raised their price objective on Lattice Semiconductor from $120.00 to $135.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Royal Bank Of Canada boosted their target price on Lattice Semiconductor from $140.00 to $165.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Rosenblatt Securities reissued a “buy” rating and issued a $175.00 target price on shares of Lattice Semiconductor in a report on Tuesday, August 4th. Benchmark initiated coverage on shares of Lattice Semiconductor in a research note on Tuesday. They issued a “buy” rating and a $160.00 price target on the stock. Finally, KeyCorp lifted their price target on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $147.46.
Lattice Semiconductor Trading Down 5.0%
Shares of LSCC stock opened at $114.40 on Friday. Lattice Semiconductor Corporation has a twelve month low of $60.50 and a twelve month high of $157.01. The stock’s fifty day simple moving average is $130.58 and its 200 day simple moving average is $119.78. The company has a quick ratio of 2.33, a current ratio of 3.02 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $15.67 billion, a P/E ratio of 440.00, a P/E/G ratio of 1.83 and a beta of 1.81.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last posted its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.44 by $0.09. The firm had revenue of $201.08 million during the quarter, compared to the consensus estimate of $185.50 million. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%.The business’s quarterly revenue was up 62.2% on a year-over-year basis. During the same period last year, the company earned $0.24 earnings per share. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. As a group, sell-side analysts predict that Lattice Semiconductor Corporation will post 1.12 EPS for the current fiscal year.
Insider Buying and Selling at Lattice Semiconductor
In other news, SVP Esam Elashmawi sold 15,742 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $134.77, for a total transaction of $2,121,549.34. Following the completion of the transaction, the senior vice president owned 155,420 shares of the company’s stock, valued at approximately $20,945,953.40. This trade represents a 9.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Pravin Desale sold 2,039 shares of Lattice Semiconductor stock in a transaction on Friday, June 12th. The stock was sold at an average price of $142.89, for a total transaction of $291,352.71. Following the transaction, the senior vice president owned 73,519 shares in the company, valued at approximately $10,505,129.91. This trade represents a 2.70% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 28,502 shares of company stock valued at $4,005,820 in the last quarter. 0.62% of the stock is currently owned by corporate insiders.
Lattice Semiconductor Company Profile
Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company’s product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice’s solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.
The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.
Read More
- Five stocks we like better than Lattice Semiconductor
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
Want to see what other hedge funds are holding LSCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report).
Receive News & Ratings for Lattice Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lattice Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.
