Lattice Semiconductor (NASDAQ:LSCC) Stock Falls 8.5% – Time to Sell?

Lattice Semiconductor Corporation (NASDAQ:LSCC) shares traded down 8.5% on Thursday. The stock traded as low as $104.27 and last traded at $105.2320. Approximately 624,996 shares were traded during trading, a decline of 68% from the average daily volume of 1,940,505 shares. The stock had previously closed at $115.00.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Needham & Company LLC raised their price target on shares of Lattice Semiconductor from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Benchmark started coverage on Lattice Semiconductor in a research note on Tuesday, August 25th. They set a “buy” rating and a $160.00 price objective for the company. Royal Bank Of Canada increased their target price on Lattice Semiconductor from $140.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Zacks Research downgraded Lattice Semiconductor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 8th. Finally, William Blair began coverage on Lattice Semiconductor in a research note on Tuesday, October 6th. They issued an “outperform” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Lattice Semiconductor currently has a consensus rating of “Moderate Buy” and a consensus target price of $147.46.

Lattice Semiconductor Trading Down 3.2%

The stock has a market capitalization of $14.20 billion, a PE ratio of 398.65, a P/E/G ratio of 1.64 and a beta of 1.83. The company’s 50 day moving average price is $119.95 and its two-hundred day moving average price is $125.79. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.02 and a quick ratio of 2.33.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.09. The company had revenue of $201.08 million during the quarter, compared to the consensus estimate of $185.50 million. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. Lattice Semiconductor’s quarterly revenue was up 62.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.24 EPS. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. As a group, analysts expect that Lattice Semiconductor Corporation will post 1.10 earnings per share for the current year.

Insider Activity at Lattice Semiconductor

In related news, SVP Pravin Desale sold 2,039 shares of Lattice Semiconductor stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $111.83, for a total transaction of $228,021.37. Following the transaction, the senior vice president owned 73,456 shares in the company, valued at approximately $8,214,584.48. This trade represents a 2.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 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 Tracy Feanny sold 1,880 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $126.43, for a total value of $237,688.40. Following the transaction, the senior vice president directly owned 60,221 shares in the company, valued at $7,613,741.03. This trade represents a 3.03% 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. Over the last 90 days, insiders sold 19,661 shares of company stock valued at $2,587,259. 0.62% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of LSCC. BlackRock Inc. purchased a new stake in shares of Lattice Semiconductor in the second quarter valued at about $2,637,161,000. William Blair Investment Management LLC acquired a new position in Lattice Semiconductor in the 2nd quarter valued at about $177,497,000. TimesSquare Capital Management LLC purchased a new stake in shares of Lattice Semiconductor in the 2nd quarter valued at approximately $173,633,000. Bank of New York Mellon Corp purchased a new stake in shares of Lattice Semiconductor in the 2nd quarter valued at approximately $139,705,000. Finally, Bank of America Corp DE acquired a new stake in shares of Lattice Semiconductor during the 2nd quarter worth approximately $94,740,000. Institutional investors and hedge funds own 98.08% of the company’s stock.

Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation (NASDAQ: LSCC) is a fabless semiconductor company that develops low-power, programmable logic devices and related software. Its product portfolio includes field-programmable gate arrays (FPGAs), complex programmable logic devices, programmable system-on-chip solutions, development boards, design tools and intellectual property.

The company’s products are designed to provide flexible, power-efficient processing, control and connectivity for applications such as industrial equipment, communications infrastructure, automotive systems, consumer electronics, computing and aerospace and defense.