Man Group plc Buys Shares of 7,131 Lattice Semiconductor Corporation $LSCC

Man Group plc purchased a new stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 7,131 shares of the semiconductor company’s stock, valued at approximately $1,091,000.

Several other hedge funds have also recently made changes to their positions in the business. BlackRock Inc. acquired a new position in shares of Lattice Semiconductor during the 2nd quarter valued at $2,637,161,000. Invesco Ltd. increased its stake in Lattice Semiconductor by 177.3% in the third quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company’s stock valued at $445,538,000 after purchasing an additional 3,885,482 shares in the last quarter. State Street Corp raised its holdings in shares of Lattice Semiconductor by 1.8% during the second quarter. State Street Corp now owns 4,852,380 shares of the semiconductor company’s stock valued at $237,718,000 after purchasing an additional 85,973 shares during the period. Geode Capital Management LLC raised its holdings in shares of Lattice Semiconductor by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 3,457,389 shares of the semiconductor company’s stock valued at $254,433,000 after purchasing an additional 84,812 shares during the period. Finally, Bank of America Corp DE boosted its position in shares of Lattice Semiconductor by 77.4% during the 2nd quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company’s stock worth $156,083,000 after purchasing an additional 1,390,109 shares in the last quarter. 98.08% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on LSCC shares. Royal Bank Of Canada upped their price target 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 restated a “buy” rating and set a $175.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, August 4th. Wall Street Zen lowered Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 29th. Jefferies Financial Group increased their target price on Lattice Semiconductor from $145.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. 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 research report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $147.46.

Lattice Semiconductor Stock Up 2.0%

LSCC opened at $113.88 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.02 and a quick ratio of 2.33. The company’s 50-day moving average is $128.52 and its 200 day moving average is $120.32. Lattice Semiconductor Corporation has a fifty-two week low of $60.50 and a fifty-two week high of $157.01. The firm has a market capitalization of $15.60 billion, a P/E ratio of 438.00, a PEG ratio of 1.69 and a beta of 1.79.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The business had revenue of $201.08 million during the quarter, compared to the consensus estimate of $185.50 million. During the same period in the prior year, the firm posted $0.24 EPS. The firm’s quarterly revenue was up 62.2% compared to the same quarter last year. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Research analysts expect that Lattice Semiconductor Corporation will post 1.12 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, SVP Tracy Ann Feanny sold 1,880 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $126.43, for a total transaction of $237,688.40. Following the completion of the sale, the senior vice president directly owned 60,221 shares of the company’s stock, valued at $7,613,741.03. This trade represents a 3.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 value of $291,352.71. Following the sale, the senior vice president owned 73,519 shares in the company, valued at $10,505,129.91. The trade was a 2.70% decrease in their ownership of the stock. 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. Over the last three months, insiders have sold 19,661 shares of company stock worth $2,650,590. 0.62% of the stock is owned by company 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.