Magnetar Financial LLC Purchases New Position in Lattice Semiconductor Corporation $LSCC

Magnetar Financial LLC purchased a new stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCCFree Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 39,509 shares of the semiconductor company’s stock, valued at approximately $1,936,000.

Other large investors have also recently made changes to their positions in the company. Prudential PLC increased its stake in shares of Lattice Semiconductor by 2.1% during the first quarter. Prudential PLC now owns 9,199 shares of the semiconductor company’s stock valued at $482,000 after buying an additional 187 shares during the period. Silvant Capital Management LLC boosted its holdings in Lattice Semiconductor by 2.1% in the first quarter. Silvant Capital Management LLC now owns 9,418 shares of the semiconductor company’s stock valued at $494,000 after acquiring an additional 198 shares in the last quarter. ProShare Advisors LLC increased its position in Lattice Semiconductor by 1.0% during the 2nd quarter. ProShare Advisors LLC now owns 22,479 shares of the semiconductor company’s stock valued at $1,101,000 after purchasing an additional 232 shares during the period. CWC Advisors LLC. raised its holdings in Lattice Semiconductor by 2.8% in the 2nd quarter. CWC Advisors LLC. now owns 8,815 shares of the semiconductor company’s stock worth $432,000 after purchasing an additional 236 shares in the last quarter. Finally, Main Management ETF Advisors LLC raised its holdings in Lattice Semiconductor by 1.7% in the 2nd quarter. Main Management ETF Advisors LLC now owns 17,592 shares of the semiconductor company’s stock worth $862,000 after purchasing an additional 288 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Lattice Semiconductor news, CAO Tonya Stevens sold 3,440 shares of the business’s stock in a transaction on Monday, September 22nd. The stock was sold at an average price of $74.93, for a total value of $257,759.20. Following the sale, the chief accounting officer directly owned 84,336 shares of the company’s stock, valued at approximately $6,319,296.48. The trade was a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Tracy Ann Feanny sold 5,965 shares of the stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $66.50, for a total value of $396,672.50. Following the completion of the sale, the senior vice president directly owned 79,480 shares in the company, valued at approximately $5,285,420. This represents a 6.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 26,998 shares of company stock worth $1,802,214 over the last three months. 1.80% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Jefferies Financial Group raised shares of Lattice Semiconductor to a “strong-buy” rating in a research note on Tuesday, October 28th. TD Cowen lowered their price objective on shares of Lattice Semiconductor from $62.00 to $57.00 and set a “buy” rating for the company in a report on Tuesday, August 5th. Benchmark lifted their price objective on Lattice Semiconductor from $75.00 to $82.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Stifel Nicolaus upped their target price on Lattice Semiconductor from $60.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Finally, Wall Street Zen lowered Lattice Semiconductor from a “buy” rating to a “hold” rating in a research report on Monday, November 17th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Lattice Semiconductor presently has a consensus rating of “Buy” and a consensus price target of $77.58.

View Our Latest Stock Analysis on Lattice Semiconductor

Lattice Semiconductor Price Performance

NASDAQ:LSCC opened at $67.26 on Friday. The firm has a market capitalization of $9.20 billion, a P/E ratio of 292.45, a PEG ratio of 5.63 and a beta of 1.74. Lattice Semiconductor Corporation has a one year low of $34.69 and a one year high of $76.61. The company’s 50-day simple moving average is $69.47 and its 200 day simple moving average is $59.87.

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) last announced its earnings results on Monday, November 3rd. The semiconductor company reported $0.28 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.28. Lattice Semiconductor had a net margin of 6.47% and a return on equity of 6.61%. The business had revenue of $133.35 million during the quarter, compared to the consensus estimate of $133.03 million. During the same quarter last year, the firm earned $0.24 earnings per share. The business’s revenue for the quarter was up 4.9% on a year-over-year basis. Lattice Semiconductor has set its Q4 2025 guidance at 0.300-0.340 EPS. On average, equities research analysts expect that Lattice Semiconductor Corporation will post 0.65 earnings per share for the current fiscal year.

About Lattice Semiconductor

(Free Report)

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products.

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Institutional Ownership by Quarter for Lattice Semiconductor (NASDAQ:LSCC)

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