Nippon Life Global Investors Americas Inc. lowered its holdings in Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) by 97.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,770 shares of the semiconductor company’s stock after selling 89,010 shares during the period. Nippon Life Global Investors Americas Inc.’s holdings in Lattice Semiconductor were worth $348,000 as of its most recent SEC filing.
Other institutional investors have also recently bought and sold shares of the company. Sumitomo Mitsui Trust Group Inc. boosted its holdings in Lattice Semiconductor by 166.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 10,528 shares of the semiconductor company’s stock worth $1,323,000 after buying an additional 6,573 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Lattice Semiconductor in the third quarter valued at $28,946,000. ProShare Advisors LLC raised its stake in shares of Lattice Semiconductor by 38.5% during the 3rd quarter. ProShare Advisors LLC now owns 20,598 shares of the semiconductor company’s stock valued at $2,588,000 after purchasing an additional 5,726 shares during the period. Vise Technologies Inc. raised its stake in shares of Lattice Semiconductor by 48.0% during the 3rd quarter. Vise Technologies Inc. now owns 6,792 shares of the semiconductor company’s stock valued at $853,000 after purchasing an additional 2,204 shares during the period. Finally, Arta Finance Wealth Management LLC raised its stake in shares of Lattice Semiconductor by 38.6% during the 3rd quarter. Arta Finance Wealth Management LLC now owns 4,167 shares of the semiconductor company’s stock valued at $523,000 after purchasing an additional 1,161 shares during the period. Institutional investors own 98.08% of the company’s stock.
Wall Street Analyst Weigh In
LSCC has been the subject of several analyst reports. KeyCorp raised their target price on Lattice Semiconductor from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Rosenblatt Securities restated a “buy” rating and issued a $175.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, August 4th. TD Cowen reduced their price objective on shares of Lattice Semiconductor from $165.00 to $130.00 and set a “buy” rating for the company in a research note on Monday, October 19th. Zacks Research raised shares of Lattice Semiconductor from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 27th. Finally, William Blair began coverage on shares of Lattice Semiconductor in a report on Tuesday, October 6th. They set an “outperform” rating on the stock. Two equities research analysts have 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 MarketBeat, Lattice Semiconductor currently has an average rating of “Buy” and a consensus price target of $144.77.
Check Out Our Latest Research Report on Lattice Semiconductor
Lattice Semiconductor Price Performance
Lattice Semiconductor stock opened at $92.97 on Monday. Lattice Semiconductor Corporation has a 52 week low of $60.50 and a 52 week high of $157.01. The business has a 50-day simple moving average of $115.31 and a 200 day simple moving average of $115.37. The company has a quick ratio of 2.33, a current ratio of 3.02 and a debt-to-equity ratio of 0.04. The stock has a market cap of $12.74 billion, a price-to-earnings ratio of 357.58, a PEG ratio of 1.41 and a beta of 1.90.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.09. The firm had revenue of $201.08 million for the quarter, compared to analysts’ expectations of $185.50 million. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%. The company’s revenue was up 62.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.24 EPS. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. On average, research analysts forecast that Lattice Semiconductor Corporation will post 1.11 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, SVP Tracy Feanny sold 1,880 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $126.43, for a total value of $237,688.40. Following the transaction, the senior vice president owned 60,221 shares of the company’s stock, valued at $7,613,741.03. This represents a 3.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 firm’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $111.83, for a total transaction of $228,021.37. Following the sale, the senior vice president owned 73,456 shares in the company, valued at approximately $8,214,584.48. This trade represents a 2.70% 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. Over the last three months, insiders have sold 19,661 shares of company stock worth $2,587,259. Insiders own 0.62% of the company’s stock.
Lattice Semiconductor Company Profile
Lattice Semiconductor Corporation (NASDAQ: LSCC) designs and develops low-power programmable semiconductor devices and related software. Its product portfolio includes field-programmable gate arrays (FPGAs), complex programmable logic devices, programmable system control solutions, and connectivity products that enable customers to configure and update electronic systems after manufacturing.
The company’s products are used in communications and networking equipment, industrial systems, automotive applications, data-center and computing hardware, consumer electronics, and aerospace and defense products.
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