Jupiter Topco LLC acquired a new stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 495,595 shares of the semiconductor company’s stock, valued at approximately $75,821,000. Jupiter Topco LLC owned approximately 0.36% of Lattice Semiconductor at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of LSCC. BlackRock Inc. purchased a new position in Lattice Semiconductor during the second quarter worth about $2,637,161,000. Invesco Ltd. grew its position in Lattice Semiconductor by 177.3% in the 3rd quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company’s stock worth $445,538,000 after purchasing an additional 3,885,482 shares in the last quarter. State Street Corp increased its stake in Lattice Semiconductor by 1.8% in the 2nd quarter. State Street Corp now owns 4,852,380 shares of the semiconductor company’s stock valued at $237,718,000 after buying an additional 85,973 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Lattice Semiconductor by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 3,457,389 shares of the semiconductor company’s stock worth $254,433,000 after buying an additional 84,812 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Lattice Semiconductor by 77.4% during the 2nd quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company’s stock worth $156,083,000 after buying an additional 1,390,109 shares in the last quarter. 98.08% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Lattice Semiconductor
In other news, SVP Pravin Desale sold 2,039 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $142.89, for a total transaction of $291,352.71. Following the transaction, the senior vice president owned 73,519 shares of the company’s stock, valued at $10,505,129.91. This represents a 2.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 Esam Elashmawi sold 15,742 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $134.77, for a total value of $2,121,549.34. Following the transaction, the senior vice president owned 155,420 shares of the company’s stock, valued at $20,945,953.40. The trade was a 9.20% decrease in their position. The SEC filing for this sale provides additional information. 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. In the last three months, insiders have sold 28,502 shares of company stock valued at $4,005,820. Corporate insiders own 0.62% of the company’s stock.
Lattice Semiconductor Trading Up 0.9%
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, topping 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 company had revenue of $201.08 million for the quarter, compared to analysts’ expectations of $185.50 million. During the same quarter in the previous year, the firm posted $0.24 EPS. Lattice Semiconductor’s revenue was up 62.2% on a year-over-year basis. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Sell-side analysts anticipate that Lattice Semiconductor Corporation will post 1.12 earnings per share for the current year.
Analyst Ratings Changes
A number of brokerages recently commented on LSCC. Stifel Nicolaus increased their price target on Lattice Semiconductor from $130.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft boosted their price objective on Lattice Semiconductor from $150.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. KeyCorp upped their price objective on Lattice Semiconductor from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. Jefferies Financial Group raised their target price on Lattice Semiconductor from $145.00 to $175.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Finally, Robert W. Baird lifted their target price on Lattice Semiconductor from $120.00 to $135.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $147.46.
View Our Latest Analysis on LSCC
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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