Pacer Advisors Inc. Invests $23.80 Million in Lattice Semiconductor Corporation $LSCC

Pacer Advisors Inc. purchased a new position in Lattice Semiconductor Corporation (NASDAQ:LSCC) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 324,607 shares of the semiconductor company’s stock, valued at approximately $23,800,000. Pacer Advisors Inc. owned approximately 0.24% of Lattice Semiconductor as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. State Street Corp raised its holdings in Lattice Semiconductor by 1.8% during 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 period. Bank of America Corp DE lifted its stake in Lattice Semiconductor by 77.4% in the second quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company’s stock worth $156,083,000 after purchasing an additional 1,390,109 shares during the last quarter. Invesco Ltd. boosted its holdings in Lattice Semiconductor by 1.5% during the 2nd quarter. Invesco Ltd. now owns 2,191,134 shares of the semiconductor company’s stock valued at $107,344,000 after acquiring an additional 33,042 shares during the period. TD Asset Management Inc increased its stake in Lattice Semiconductor by 5.7% in the second quarter. TD Asset Management Inc now owns 1,817,854 shares of the semiconductor company’s stock worth $89,057,000 after purchasing an additional 97,610 shares during the period. Finally, Rafferty Asset Management LLC lifted its position in shares of Lattice Semiconductor by 63.3% during the second quarter. Rafferty Asset Management LLC now owns 1,785,278 shares of the semiconductor company’s stock worth $87,461,000 after purchasing an additional 692,041 shares during the last quarter. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Pravin Desale sold 5,708 shares of the business’s stock in a transaction dated Friday, November 28th. The shares were sold at an average price of $69.93, for a total transaction of $399,160.44. Following the sale, the senior vice president directly owned 105,913 shares in the company, valued at $7,406,496.09. This represents a 5.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Ford Tamer acquired 20,000 shares of the company’s stock in a transaction that occurred on Thursday, November 6th. The stock was acquired at an average price of $63.63 per share, with a total value of $1,272,600.00. Following the acquisition, the chief executive officer directly owned 275,745 shares of the company’s stock, valued at approximately $17,545,654.35. This represents a 7.82% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 19,105 shares of company stock worth $1,369,590 in the last 90 days. Insiders own 1.80% of the company’s stock.

Analysts Set New Price Targets

LSCC has been the topic of a number of research reports. Rosenblatt Securities raised their target price on shares of Lattice Semiconductor from $72.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Lattice Semiconductor in a research note on Monday. Benchmark boosted their target price on shares of Lattice Semiconductor from $75.00 to $82.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Susquehanna lifted their target price on Lattice Semiconductor from $65.00 to $85.00 and gave the stock a “positive” rating in a report on Wednesday, October 22nd. Finally, KeyCorp raised their price target on shares of Lattice Semiconductor from $70.00 to $85.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $77.58.

Lattice Semiconductor Trading Down 0.5%

Shares of NASDAQ LSCC opened at $76.18 on Friday. The company has a 50-day moving average of $70.84 and a 200 day moving average of $64.18. Lattice Semiconductor Corporation has a 12-month low of $34.69 and a 12-month high of $81.23. The stock has a market cap of $10.42 billion, a PE ratio of 380.92, a P/E/G ratio of 10.19 and a beta of 1.73.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings results on Monday, November 3rd. The semiconductor company reported $0.28 EPS for the quarter, meeting the consensus estimate of $0.28. The firm had revenue of $133.35 million during the quarter, compared to analysts’ expectations of $133.03 million. Lattice Semiconductor had a return on equity of 4.73% and a net margin of 5.50%.The business’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.24 earnings per share. Lattice Semiconductor has set its Q4 2025 guidance at 0.300-0.340 EPS. On average, sell-side analysts forecast that Lattice Semiconductor Corporation will post 0.65 EPS for the current fiscal year.

Lattice Semiconductor Company Profile

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.