73,979 Shares in Lattice Semiconductor Corporation $LSCC Bought by Castleark Management LLC

Castleark Management LLC bought a new position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCCFree Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 73,979 shares of the semiconductor company’s stock, valued at approximately $11,316,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in LSCC. CloudAlpha Capital Management Limited Hong Kong acquired a new position in shares of Lattice Semiconductor in the 4th quarter valued at approximately $8,344,000. TimesSquare Capital Management LLC raised its holdings in Lattice Semiconductor by 3.4% during the 4th quarter. TimesSquare Capital Management LLC now owns 1,474,949 shares of the semiconductor company’s stock worth $108,527,000 after buying an additional 49,001 shares during the period. State of Wyoming acquired a new stake in Lattice Semiconductor during the 2nd quarter worth approximately $3,155,000. Stephens Investment Management Group LLC lifted its stake in Lattice Semiconductor by 10.1% in the fourth quarter. Stephens Investment Management Group LLC now owns 883,165 shares of the semiconductor company’s stock valued at $64,983,000 after buying an additional 81,023 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its holdings in shares of Lattice Semiconductor by 33.9% in the fourth quarter. Thrivent Financial for Lutherans now owns 282,253 shares of the semiconductor company’s stock valued at $20,768,000 after buying an additional 71,401 shares during the period. 98.08% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, SVP Esam Elashmawi sold 15,742 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $134.77, for a total value of $2,121,549.34. Following the completion of the transaction, the senior vice president directly owned 155,420 shares of the company’s stock, valued at approximately $20,945,953.40. This trade represents a 9.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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, SVP Tracy Ann Feanny sold 1,880 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $126.43, for a total transaction of $237,688.40. Following the transaction, the senior vice president owned 60,221 shares in the company, valued at approximately $7,613,741.03. The trade was a 3.03% decrease in their ownership of the stock. 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. In the last 90 days, insiders sold 28,502 shares of company stock worth $4,005,820. 0.62% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on LSCC. Wall Street Zen raised shares of Lattice Semiconductor from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 8th. KeyCorp boosted their price objective on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Lattice Semiconductor in a research note on Friday, July 17th. Robert W. Baird increased 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. Finally, TD Cowen lifted their price target on Lattice Semiconductor from $145.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $144.38.

Check Out Our Latest Analysis on Lattice Semiconductor

Lattice Semiconductor Trading Up 1.7%

NASDAQ:LSCC opened at $116.10 on Wednesday. The company has a market cap of $15.91 billion, a P/E ratio of 446.54, a price-to-earnings-growth ratio of 1.73 and a beta of 1.81. Lattice Semiconductor Corporation has a twelve month low of $60.50 and a twelve month high of $157.01. The business has a 50 day moving average price of $132.44 and a two-hundred day moving average price of $119.31. The company has a quick ratio of 2.33, a current ratio of 3.02 and a debt-to-equity ratio of 0.04.

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. The business had revenue of $201.08 million for the quarter, compared to analyst estimates of $185.50 million. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The firm’s revenue for the quarter was up 62.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.24 earnings per share. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. As a group, analysts expect that Lattice Semiconductor Corporation will post 1.12 EPS for the current fiscal year.

Lattice Semiconductor Profile

(Free Report)

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.

See Also

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

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