Van ECK Associates Corp lessened its holdings in Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) by 49.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 82,744 shares of the semiconductor company’s stock after selling 82,243 shares during the period. Van ECK Associates Corp’s holdings in Lattice Semiconductor were worth $12,657,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also modified their holdings of LSCC. BlackRock Inc. purchased a new position in shares of Lattice Semiconductor during the second quarter worth $2,637,161,000. Invesco Ltd. grew its stake in shares of 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 buying an additional 3,885,482 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of 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 buying an additional 1,390,109 shares during the period. William Blair Investment Management LLC purchased a new stake in shares of Lattice Semiconductor in the 2nd quarter valued at $177,497,000. Finally, TimesSquare Capital Management LLC acquired a new position in Lattice Semiconductor during the 2nd quarter worth about $173,633,000. 98.08% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, Director James P. Lederer sold 6,101 shares of the firm’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 sale, the director owned 41,201 shares of the company’s stock, valued at $6,342,481.94. This trade represents a 12.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Esam Elashmawi sold 15,742 shares of Lattice Semiconductor stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $134.77, for a total transaction of $2,121,549.34. Following the completion of the transaction, the senior vice president owned 155,420 shares of the company’s stock, valued at $20,945,953.40. This represents a 9.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 ninety days, insiders 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 0.8%
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.09. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%.The company had revenue of $201.08 million for the quarter, compared to the consensus estimate of $185.50 million. During the same quarter in the prior year, the business earned $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 fiscal year.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the company. Wall Street Zen cut Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a report on Saturday. Zacks Research raised shares of Lattice Semiconductor from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Jefferies Financial Group raised their price objective on shares of Lattice Semiconductor from $145.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Stifel Nicolaus lifted their price objective on shares of Lattice Semiconductor from $130.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, Needham & Company LLC upped their target price on shares of Lattice Semiconductor from $140.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $147.46.
Get Our Latest Research Report on Lattice Semiconductor
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.
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