Synovus Financial Corp Invests $1.11 Million in Lattice Semiconductor Corporation $LSCC

Synovus Financial Corp bought a new stake in Lattice Semiconductor Corporation (NASDAQ:LSCC) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 15,131 shares of the semiconductor company’s stock, valued at approximately $1,109,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Lattice Semiconductor by 1.3% during the third quarter. Vanguard Group Inc. now owns 14,986,677 shares of the semiconductor company’s stock valued at $1,098,823,000 after acquiring an additional 189,147 shares in the last quarter. State Street Corp lifted its holdings in shares of Lattice Semiconductor by 1.8% in the 2nd quarter. State Street Corp now owns 4,852,380 shares of the semiconductor company’s stock worth $237,718,000 after purchasing an additional 85,973 shares in the last quarter. Bank of America Corp DE grew its position in Lattice Semiconductor by 77.4% in the 2nd quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company’s stock valued at $156,083,000 after purchasing an additional 1,390,109 shares during the period. Invesco Ltd. increased its stake 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 purchasing an additional 33,042 shares in the last quarter. Finally, Rafferty Asset Management LLC increased its stake in Lattice Semiconductor by 63.3% during the 2nd quarter. Rafferty Asset Management LLC now owns 1,785,278 shares of the semiconductor company’s stock valued at $87,461,000 after purchasing an additional 692,041 shares in the last quarter. Institutional investors own 98.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Royal Bank Of Canada lifted their price objective on shares of Lattice Semiconductor from $105.00 to $118.00 and gave the company an “outperform” rating in a report on Wednesday, February 11th. Robert W. Baird set a $120.00 price target on Lattice Semiconductor in a research report on Thursday, February 12th. Williams Trading set a $82.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $90.00 target price on shares of Lattice Semiconductor in a research note on Wednesday, February 4th. Finally, KeyCorp raised their price target on shares of Lattice Semiconductor from $95.00 to $125.00 and gave the company an “overweight” rating in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $102.64.

Insider Transactions at Lattice Semiconductor

In related news, SVP Pravin Desale sold 5,708 shares of Lattice Semiconductor stock in a transaction dated Friday, November 28th. The stock was sold at an average price of $69.93, for a total value of $399,160.44. Following the completion of the sale, the senior vice president owned 105,913 shares of the company’s stock, valued at approximately $7,406,496.09. This trade represents a 5.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Mark Edwin Jensen sold 6,279 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $98.09, for a total transaction of $615,907.11. Following the sale, the director directly owned 41,508 shares in the company, valued at approximately $4,071,519.72. This trade represents a 13.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 35,331 shares of company stock valued at $3,054,892 in the last three months. 1.80% of the stock is currently owned by company insiders.

Lattice Semiconductor Stock Performance

LSCC opened at $97.76 on Friday. Lattice Semiconductor Corporation has a fifty-two week low of $34.69 and a fifty-two week high of $108.08. The firm has a 50-day moving average of $83.73 and a 200 day moving average of $73.86. The firm has a market cap of $13.37 billion, a P/E ratio of 4,890.45, a PEG ratio of 3.58 and a beta of 1.70.

Lattice Semiconductor (NASDAQ:LSCC) last released its earnings results on Tuesday, February 10th. The semiconductor company reported $0.32 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.32. Lattice Semiconductor had a net margin of 0.59% and a return on equity of 5.60%. The firm had revenue of $145.79 million during the quarter, compared to the consensus estimate of $143.18 million. During the same period in the prior year, the firm earned $0.15 EPS. The company’s revenue was up 24.2% compared to the same quarter last year. Lattice Semiconductor has set its Q1 2026 guidance at 0.340-0.380 EPS. Equities research analysts predict that Lattice Semiconductor Corporation will post 0.65 earnings per share 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.