Nicholas Investment Partners LP Purchases Shares of 146,318 Lattice Semiconductor Corporation $LSCC

Nicholas Investment Partners LP acquired a new position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 146,318 shares of the semiconductor company’s stock, valued at approximately $22,381,000. Lattice Semiconductor makes up approximately 1.3% of Nicholas Investment Partners LP’s investment portfolio, making the stock its 15th biggest position.

Several other institutional investors have also modified their holdings of LSCC. BlackRock Inc. purchased a new position in shares of Lattice Semiconductor in the 2nd quarter valued at $2,637,161,000. Invesco Ltd. lifted its position in Lattice Semiconductor by 177.3% in the third quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company’s stock valued at $445,538,000 after acquiring an additional 3,885,482 shares during the last quarter. Bank of America Corp DE boosted 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 valued at $156,083,000 after acquiring an additional 1,390,109 shares in the last quarter. William Blair Investment Management LLC acquired a new position in Lattice Semiconductor in the second quarter valued at $177,497,000. Finally, TimesSquare Capital Management LLC purchased a new position in shares of Lattice Semiconductor during the second quarter worth about $173,633,000. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Lattice Semiconductor Trading Down 3.0%

NASDAQ LSCC opened at $114.15 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.33 and a current ratio of 3.02. The firm has a market cap of $15.64 billion, a PE ratio of 439.04, a P/E/G ratio of 1.79 and a beta of 1.81. Lattice Semiconductor Corporation has a one year low of $60.50 and a one year high of $157.01. The firm’s fifty day moving average is $132.99 and its two-hundred day moving average is $119.07.

Lattice Semiconductor (NASDAQ:LSCC) last announced its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, beating 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 business had revenue of $201.08 million during the quarter, compared to analysts’ expectations of $185.50 million. During the same period in the prior year, the company earned $0.24 earnings per share. The business’s revenue was up 62.2% compared to the same quarter last year. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Analysts expect that Lattice Semiconductor Corporation will post 1.12 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have recently commented on LSCC. 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 report on Tuesday, May 5th. Jefferies Financial Group upped 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. Zacks Research upgraded Lattice Semiconductor from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Needham & Company LLC lifted their price target on Lattice Semiconductor from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on Lattice Semiconductor from $150.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $144.38.

Insider Buying and Selling

In other news, SVP Pravin Desale sold 2,039 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $142.89, for a total value of $291,352.71. Following the transaction, the senior vice president owned 73,519 shares of the company’s stock, valued at approximately $10,505,129.91. The trade was a 2.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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, Director James P. Lederer sold 6,101 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $153.94, for a total value of $939,187.94. Following the completion of the transaction, the director directly owned 41,201 shares in the company, valued at approximately $6,342,481.94. The trade was a 12.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 28,502 shares of company stock valued at $4,005,820 in the last quarter. 0.62% of the stock is currently owned by insiders.

Lattice Semiconductor 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.