Heartland Advisors Inc. bought a new position in Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 53,964 shares of the semiconductor company’s stock, valued at approximately $8,254,000.
A number of other large investors have also recently modified their holdings of the stock. Allworth Financial LP purchased a new position in shares of Lattice Semiconductor during the second quarter valued at about $103,000. Silvant Capital Management LLC bought a new position in Lattice Semiconductor in the second quarter worth about $1,874,000. PCM Encore LLC purchased a new stake in Lattice Semiconductor in the second quarter worth about $203,000. Vise Technologies Inc. purchased a new stake in Lattice Semiconductor in the second quarter worth about $702,000. Finally, Lisanti Capital Growth LLC bought a new stake in Lattice Semiconductor during the 2nd quarter valued at approximately $5,562,000. Institutional investors own 98.08% of the company’s stock.
Analyst Ratings Changes
LSCC has been the topic of a number of research analyst reports. Robert W. Baird upped their target price on Lattice Semiconductor from $120.00 to $135.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Stifel Nicolaus raised their target price on Lattice Semiconductor from $130.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Wall Street Zen upgraded Lattice Semiconductor from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 8th. KeyCorp upped their price target on Lattice Semiconductor from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $175.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $144.38.
Insider Buying and Selling
In related news, SVP Esam Elashmawi sold 15,742 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $134.77, for a total transaction of $2,121,549.34. Following the completion of the transaction, the senior vice president owned 155,420 shares of the company’s stock, valued at $20,945,953.40. This trade represents a 9.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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, Director James P. Lederer sold 6,101 shares of Lattice Semiconductor stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $153.94, for a total value of $939,187.94. Following the transaction, the director owned 41,201 shares of the company’s stock, valued at $6,342,481.94. The trade was a 12.90% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 28,502 shares of company stock worth $4,005,820. 0.62% of the stock is currently owned by corporate insiders.
Lattice Semiconductor Price Performance
Shares of LSCC opened at $117.69 on Friday. The stock has a market cap of $16.12 billion, a PE ratio of 452.65, a price-to-earnings-growth ratio of 1.78 and a beta of 1.81. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.33 and a current ratio of 3.02. Lattice Semiconductor Corporation has a fifty-two week low of $60.50 and a fifty-two week high of $157.01. The firm’s 50-day simple moving average is $133.69 and its two-hundred day simple moving average is $118.59.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last announced its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.09. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The business had revenue of $201.08 million during the quarter, compared to the consensus estimate of $185.50 million. During the same quarter last year, the firm earned $0.24 earnings per share. The business’s revenue for the quarter was up 62.2% on a year-over-year basis. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Analysts anticipate that Lattice Semiconductor Corporation will post 1.12 earnings per share for the current fiscal 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.
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