Silvant Capital Management LLC purchased a new position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 12,252 shares of the semiconductor company’s stock, valued at approximately $1,874,000.
A number of other hedge funds have also added to or reduced their stakes in LSCC. BlackRock Inc. acquired a new stake in shares of Lattice Semiconductor in the 2nd quarter valued at $2,637,161,000. Invesco Ltd. increased its stake in shares of Lattice Semiconductor by 177.3% in the 3rd quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company’s stock valued at $445,538,000 after purchasing an additional 3,885,482 shares during the last quarter. State Street Corp raised 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 buying an additional 85,973 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Lattice Semiconductor by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 3,457,389 shares of the semiconductor company’s stock worth $254,433,000 after buying an additional 84,812 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Lattice Semiconductor by 77.4% during 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 buying an additional 1,390,109 shares during the last quarter. 98.08% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several research firms recently weighed in on LSCC. Deutsche Bank Aktiengesellschaft raised 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. Stifel Nicolaus increased their target price on shares of Lattice Semiconductor from $130.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Royal Bank Of Canada raised their price target on shares of Lattice Semiconductor from $140.00 to $165.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Needham & Company LLC lifted their price target on shares of Lattice Semiconductor from $140.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, Zacks Research upgraded shares of Lattice Semiconductor from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $144.38.
Insider Buying and Selling at Lattice Semiconductor
In other Lattice Semiconductor news, SVP Pravin Desale sold 2,039 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at $10,505,129.91. The trade was a 2.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 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, SVP Esam Elashmawi sold 15,742 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The shares were 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 approximately $20,945,953.40. This trade represents a 9.20% decrease in their ownership of the stock. 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. Insiders have 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 corporate insiders.
Lattice Semiconductor Price Performance
Shares of LSCC opened at $117.56 on Friday. The company has a quick ratio of 2.33, a current ratio of 3.02 and a debt-to-equity ratio of 0.04. The stock has a market cap of $16.11 billion, a PE ratio of 452.15, a PEG ratio of 1.79 and a beta of 1.81. Lattice Semiconductor Corporation has a 12-month low of $59.76 and a 12-month high of $157.01. The business has a 50-day simple moving average of $134.22 and a two-hundred day simple moving average of $118.59.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last released 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 analysts’ expectations of $185.50 million. During the same period in the previous year, the business posted $0.24 earnings per share. The business’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. Analysts anticipate that Lattice Semiconductor Corporation will post 1.12 earnings per share for the current fiscal year.
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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