Jennison Associates LLC lifted its stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) by 54.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,960,900 shares of the semiconductor company’s stock after purchasing an additional 688,114 shares during the quarter. Jennison Associates LLC’s holdings in Lattice Semiconductor were worth $144,283,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. raised its stake in shares of Lattice Semiconductor by 1.3% during the third quarter. Vanguard Group Inc. now owns 14,986,677 shares of the semiconductor company’s stock valued at $1,098,823,000 after purchasing an additional 189,147 shares in the last quarter. Invesco Ltd. raised its stake in shares of Lattice Semiconductor by 177.3% during 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. Artisan Partners Limited Partnership raised its position in Lattice Semiconductor by 3.6% in the third quarter. Artisan Partners Limited Partnership now owns 4,872,084 shares of the semiconductor company’s stock worth $357,221,000 after acquiring an additional 169,790 shares in the last quarter. State Street Corp raised its position in Lattice Semiconductor by 1.8% in the second quarter. State Street Corp now owns 4,852,380 shares of the semiconductor company’s stock worth $237,718,000 after acquiring an additional 85,973 shares in the last quarter. Finally, Capital Research Global Investors raised its position in Lattice Semiconductor by 66.4% in the third quarter. Capital Research Global Investors now owns 4,597,217 shares of the semiconductor company’s stock worth $337,068,000 after acquiring an additional 1,834,440 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several equities research analysts have commented on LSCC shares. KeyCorp boosted their price target on shares of Lattice Semiconductor from $95.00 to $125.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Stifel Nicolaus boosted their price target on shares of Lattice Semiconductor from $110.00 to $130.00 and gave the stock a “buy” rating in a research report on Monday, April 20th. Zacks Research cut shares of Lattice Semiconductor from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Robert W. Baird set a $120.00 price target on shares of Lattice Semiconductor in a research report on Thursday, February 12th. Finally, Needham & Company LLC boosted their price target on shares of Lattice Semiconductor from $90.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Thirteen analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $104.07.
Insider Buying and Selling
In other Lattice Semiconductor news, CEO Ford Tamer sold 3,544 shares of Lattice Semiconductor stock in a transaction on Monday, March 9th. The shares were sold at an average price of $90.63, for a total transaction of $321,192.72. Following the completion of the sale, the chief executive officer owned 281,883 shares of the company’s stock, valued at $25,547,056.29. This trade represents a 1.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Tonya Stevens sold 3,230 shares of Lattice Semiconductor stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $95.38, for a total transaction of $308,077.40. Following the sale, the chief accounting officer directly owned 62,302 shares of the company’s stock, valued at $5,942,364.76. This trade represents a 4.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 45,614 shares of company stock worth $4,346,028 over the last ninety days. 0.62% of the stock is currently owned by corporate insiders.
Lattice Semiconductor Trading Up 0.8%
NASDAQ LSCC opened at $116.56 on Thursday. The stock’s 50-day moving average price is $100.01 and its two-hundred day moving average price is $84.88. The company has a market cap of $15.95 billion, a PE ratio of 5,849.62, a PEG ratio of 4.37 and a beta of 1.66. Lattice Semiconductor Corporation has a 1 year low of $43.90 and a 1 year high of $126.35.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The semiconductor company reported $0.32 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.32. The firm had revenue of $145.79 million for the quarter, compared to the consensus estimate of $143.18 million. Lattice Semiconductor had a return on equity of 5.60% and a net margin of 0.59%.The business’s revenue for the quarter was up 24.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.15 EPS. Lattice Semiconductor has set its Q1 2026 guidance at 0.340-0.380 EPS. Research analysts forecast that Lattice Semiconductor Corporation will post 0.89 EPS for the current fiscal year.
Lattice Semiconductor 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.
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