Norges Bank Makes New $73.83 Million Investment in Lattice Semiconductor Corporation $LSCC

Norges Bank bought a new position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCCFree Report) during the 4th quarter, Holdings Channel.com reports. The firm bought 1,003,344 shares of the semiconductor company’s stock, valued at approximately $73,826,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Harbor Capital Advisors Inc. lifted its holdings in Lattice Semiconductor by 1.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 12,466 shares of the semiconductor company’s stock worth $917,000 after buying an additional 143 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Lattice Semiconductor by 46.5% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 476 shares of the semiconductor company’s stock worth $35,000 after buying an additional 151 shares during the period. Allworth Financial LP lifted its holdings in Lattice Semiconductor by 45.2% during the 3rd quarter. Allworth Financial LP now owns 501 shares of the semiconductor company’s stock worth $37,000 after buying an additional 156 shares during the period. Larson Financial Group LLC lifted its holdings in Lattice Semiconductor by 52.2% during the 4th quarter. Larson Financial Group LLC now owns 589 shares of the semiconductor company’s stock worth $43,000 after buying an additional 202 shares during the period. Finally, Journey Strategic Wealth LLC lifted its stake in shares of Lattice Semiconductor by 4.8% in the 3rd quarter. Journey Strategic Wealth LLC now owns 4,788 shares of the semiconductor company’s stock valued at $351,000 after purchasing an additional 221 shares during the period. 98.08% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

LSCC has been the topic of several research analyst reports. Susquehanna upped their target price on Lattice Semiconductor from $100.00 to $120.00 and gave the company a “positive” rating in a research report on Wednesday, February 11th. KeyCorp upped their target price on Lattice Semiconductor from $125.00 to $165.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Royal Bank Of Canada upped their target price on Lattice Semiconductor from $118.00 to $140.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Rosenblatt Securities upped their target price on Lattice Semiconductor from $105.00 to $175.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Finally, Needham & Company LLC upped their target price on Lattice Semiconductor from $110.00 to $140.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $130.86.

View Our Latest Report on LSCC

Insider Activity

In other news, CAO Tonya Stevens sold 1,113 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $94.00, for a total transaction of $104,622.00. Following the completion of the sale, the chief accounting officer owned 62,302 shares in the company, valued at $5,856,388. The trade was a 1.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Erhaan Shaikh sold 1,577 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $93.33, for a total value of $147,181.41. Following the sale, the senior vice president owned 82,617 shares of the company’s stock, valued at approximately $7,710,644.61. This represents a 1.87% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 30,606 shares of company stock valued at $3,448,492. Corporate insiders own 0.62% of the company’s stock.

Lattice Semiconductor Price Performance

Shares of Lattice Semiconductor stock opened at $135.57 on Friday. Lattice Semiconductor Corporation has a one year low of $46.43 and a one year high of $155.82. The stock’s 50-day moving average is $120.87 and its 200 day moving average is $96.54. The firm has a market cap of $18.57 billion, a price-to-earnings ratio of 968.43, a PEG ratio of 3.37 and a beta of 1.79.

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) last announced its earnings results on Monday, May 4th. The semiconductor company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.36 by $0.05. The company had revenue of $170.90 million for the quarter, compared to analyst estimates of $164.93 million. Lattice Semiconductor had a return on equity of 8.48% and a net margin of 3.46%.The firm’s revenue for the quarter was up 42.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.22 EPS. Lattice Semiconductor has set its Q2 2026 guidance at 0.420-0.460 EPS. On average, sell-side analysts expect that Lattice Semiconductor Corporation will post 1.01 EPS for the current fiscal year.

About Lattice Semiconductor

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Lattice Semiconductor (NASDAQ:LSCC)

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