Pier 88 Investment Partners LLC Acquires 10,600 Shares of Lattice Semiconductor Corporation $LSCC

Pier 88 Investment Partners LLC boosted its holdings in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) by 63.4% in the third quarter, HoldingsChannel reports. The fund owned 27,320 shares of the semiconductor company’s stock after acquiring an additional 10,600 shares during the period. Pier 88 Investment Partners LLC’s holdings in Lattice Semiconductor were worth $2,003,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Farther Finance Advisors LLC grew its stake in shares of Lattice Semiconductor by 89.8% in the second quarter. Farther Finance Advisors LLC now owns 879 shares of the semiconductor company’s stock worth $43,000 after acquiring an additional 416 shares during the last quarter. Hantz Financial Services Inc. grew its holdings in shares of Lattice Semiconductor by 68.3% during the second quarter. Hantz Financial Services Inc. now owns 1,035 shares of the semiconductor company’s stock valued at $51,000 after buying an additional 420 shares during the last quarter. State of Wyoming bought a new position in Lattice Semiconductor in the 2nd quarter valued at approximately $51,000. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Lattice Semiconductor in the 3rd quarter worth $57,000. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of Lattice Semiconductor during the second quarter valued at $71,000. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on LSCC. Robert W. Baird lifted their price target on shares of Lattice Semiconductor from $60.00 to $75.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 4th. Benchmark boosted their target price on shares of Lattice Semiconductor from $75.00 to $82.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Wall Street Zen upgraded Lattice Semiconductor from a “hold” rating to a “buy” rating in a research note on Saturday, January 3rd. Susquehanna lifted their price objective on Lattice Semiconductor from $85.00 to $100.00 and gave the stock a “positive” rating in a report on Thursday. Finally, Raymond James Financial reissued an “outperform” rating and issued a $80.00 target price on shares of Lattice Semiconductor in a report on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $81.62.

Insider Transactions at Lattice Semiconductor

In related news, SVP Tracy Ann Feanny sold 9,965 shares of the company’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $73.44, for a total transaction of $731,829.60. Following the sale, the senior vice president owned 61,740 shares of the company’s stock, valued at $4,534,185.60. This represents a 13.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Pravin Desale sold 839 shares of the stock in a transaction on Friday, December 12th. The shares were sold at an average price of $78.09, for a total transaction of $65,517.51. Following the transaction, the senior vice president owned 104,208 shares of the company’s stock, valued at $8,137,602.72. This trade represents a 0.80% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 19,105 shares of company stock worth $1,369,590. 1.19% of the stock is owned by insiders.

Lattice Semiconductor Price Performance

Shares of LSCC opened at $83.48 on Tuesday. The firm has a market cap of $11.42 billion, a P/E ratio of 417.42, a price-to-earnings-growth ratio of 3.65 and a beta of 1.72. Lattice Semiconductor Corporation has a 1 year low of $34.69 and a 1 year high of $89.92. The company has a 50 day simple moving average of $76.74 and a two-hundred day simple moving average of $68.95.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings data on Monday, November 3rd. The semiconductor company reported $0.28 EPS for the quarter, meeting the consensus estimate of $0.28. Lattice Semiconductor had a net margin of 5.50% and a return on equity of 4.73%. The business had revenue of $133.35 million during the quarter, compared to the consensus estimate of $133.03 million. During the same quarter in the prior year, the firm earned $0.24 EPS. The business’s revenue 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, sell-side analysts anticipate that Lattice Semiconductor Corporation will post 0.65 earnings per share for the current year.

About Lattice Semiconductor

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.