Lattice Semiconductor (NASDAQ:LSCC) Downgraded by Zacks Research to “Hold”

Zacks Research cut shares of Lattice Semiconductor (NASDAQ:LSCC) from a strong-buy rating to a hold rating in a research note published on Monday morning,Zacks.com reports.

A number of other brokerages have also issued reports on LSCC. Wall Street Zen lowered Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 6th. Needham & Company LLC raised their price target on Lattice Semiconductor from $110.00 to $140.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Robert W. Baird boosted their price objective on Lattice Semiconductor from $120.00 to $135.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. KeyCorp boosted their price objective on Lattice Semiconductor from $125.00 to $165.00 and gave the company an “overweight” rating in a report on Tuesday, May 5th. Finally, Royal Bank Of Canada increased their target price on Lattice Semiconductor from $118.00 to $140.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Thirteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $130.86.

Lattice Semiconductor Price Performance

NASDAQ LSCC opened at $130.60 on Monday. The stock has a market capitalization of $17.89 billion, a P/E ratio of 932.92, a PEG ratio of 3.41 and a beta of 1.78. The firm’s 50-day moving average is $137.74 and its two-hundred day moving average is $107.82. Lattice Semiconductor has a 12 month low of $46.43 and a 12 month high of $157.01.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.05. Lattice Semiconductor had a net margin of 3.46% and a return on equity of 8.48%. The business had revenue of $170.90 million for the quarter, compared to the consensus estimate of $164.93 million. During the same period in the previous year, the firm earned $0.22 EPS. The business’s revenue was up 42.2% on a year-over-year basis. Lattice Semiconductor has set its Q2 2026 guidance at 0.420-0.460 EPS. As a group, analysts anticipate that Lattice Semiconductor will post 1.01 EPS for the current year.

Insiders Place Their Bets

In other news, SVP Tracy Ann Feanny sold 2,740 shares of the company’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $151.84, for a total transaction of $416,041.60. Following the completion of the transaction, the senior vice president directly owned 63,084 shares of the company’s stock, valued at approximately $9,578,674.56. This represents a 4.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Pravin Desale sold 2,039 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $142.89, for a total value of $291,352.71. Following the completion of the transaction, the senior vice president owned 73,519 shares in the company, valued at approximately $10,505,129.91. The trade was a 2.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 ninety days, insiders sold 14,080 shares of company stock worth $2,045,078. 0.62% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Lattice Semiconductor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LSCC. iSAM Funds UK Ltd acquired a new stake in Lattice Semiconductor during the third quarter worth approximately $25,000. V Square Quantitative Management LLC acquired a new position in shares of Lattice Semiconductor in the 4th quarter valued at $27,000. Smartleaf Asset Management LLC boosted its holdings in shares of Lattice Semiconductor by 462.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 394 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 324 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in shares of Lattice Semiconductor in the 3rd quarter valued at $31,000. Finally, Advisory Services Network LLC purchased a new position in shares of Lattice Semiconductor in the 3rd quarter valued at $34,000. 98.08% of the stock is owned by institutional investors and hedge funds.

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.