Pacer Advisors Inc. trimmed its stake in Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) by 16.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,510 shares of the semiconductor company’s stock after selling 4,525 shares during the period. Pacer Advisors Inc.’s holdings in Lattice Semiconductor were worth $2,088,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Invesco Ltd. lifted its holdings in Lattice Semiconductor by 177.3% in the third quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company’s stock worth $445,538,000 after buying an additional 3,885,482 shares during the period. State Street Corp grew its holdings in shares of Lattice Semiconductor by 1.8% during the 2nd quarter. State Street Corp now owns 4,852,380 shares of the semiconductor company’s stock worth $237,718,000 after acquiring an additional 85,973 shares during the period. Geode Capital Management LLC raised its position in shares of Lattice Semiconductor by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 3,457,389 shares of the semiconductor company’s stock worth $254,433,000 after acquiring an additional 84,812 shares in the last quarter. Bank of America Corp DE raised its position 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 worth $156,083,000 after acquiring an additional 1,390,109 shares in the last quarter. Finally, Pictet Asset Management Holding SA lifted its stake in shares of Lattice Semiconductor by 11.6% in the 4th quarter. Pictet Asset Management Holding SA now owns 2,763,543 shares of the semiconductor company’s stock valued at $203,341,000 after purchasing an additional 287,190 shares during the period. Hedge funds and other institutional investors own 98.08% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on the company. TD Cowen upped their price target on Lattice Semiconductor from $145.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Jefferies Financial Group lifted their price target on shares of Lattice Semiconductor from $145.00 to $175.00 and gave the company a “buy” rating in a research report on Wednesday. Rosenblatt Securities reissued a “buy” rating and set a $175.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Lattice Semiconductor from $150.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. Finally, Stifel Nicolaus raised their target price on shares of Lattice Semiconductor from $130.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Twelve equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $144.38.
Lattice Semiconductor Stock Performance
LSCC stock opened at $130.03 on Friday. The stock’s 50 day simple moving average is $137.41 and its 200 day simple moving average is $115.69. The company has a current ratio of 3.02, a quick ratio of 2.69 and a debt-to-equity ratio of 0.04. Lattice Semiconductor Corporation has a 12-month low of $59.37 and a 12-month high of $157.01. The stock has a market capitalization of $17.82 billion, a PE ratio of 500.12, a price-to-earnings-growth ratio of 2.14 and a beta of 1.81.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last posted its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%.The business had revenue of $201.08 million during the quarter, compared to analyst estimates of $185.50 million. During the same quarter last year, the company earned $0.24 EPS. The company’s quarterly 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. As a group, research analysts forecast that Lattice Semiconductor Corporation will post 1.02 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Lattice Semiconductor news, Director James P. Lederer sold 6,101 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $153.94, for a total transaction of $939,187.94. Following the transaction, the director owned 41,201 shares in the company, valued at approximately $6,342,481.94. This represents a 12.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Pravin Desale sold 2,039 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $142.89, for a total transaction of $291,352.71. Following the sale, the senior vice president directly owned 73,519 shares in the company, valued at approximately $10,505,129.91. The trade was a 2.70% decrease in their position. The SEC filing for this sale provides additional information. 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 90 days, insiders sold 10,880 shares of company stock valued at $1,646,582. 0.62% of the stock is owned by insiders.
About Lattice Semiconductor
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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