Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report)’s stock price fell 8.6% on Monday . The stock traded as low as $110.07 and last traded at $109.4950. Approximately 219,370 shares traded hands during trading, a decline of 89% from the average daily volume of 1,949,520 shares. The stock had previously closed at $119.76.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on LSCC shares. Jefferies Financial Group upped their price target on shares of Lattice Semiconductor from $145.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Wall Street Zen lowered shares of Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 29th. Benchmark assumed coverage on shares of Lattice Semiconductor in a report on Tuesday, August 25th. They issued a “buy” rating and a $160.00 target price for the company. Rosenblatt Securities reiterated a “buy” rating and set a $175.00 price target on shares of Lattice Semiconductor in a report on Tuesday, August 4th. Finally, TD Cowen raised their price target on shares of Lattice Semiconductor from $145.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $147.46.
View Our Latest Analysis on Lattice Semiconductor
Lattice Semiconductor Price Performance
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last posted its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.09. The business had revenue of $201.08 million for the quarter, compared to analysts’ expectations of $185.50 million. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The business’s revenue for the quarter was up 62.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.24 EPS. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. On average, equities research analysts anticipate that Lattice Semiconductor Corporation will post 1.12 EPS for the current year.
Insider Buying and Selling
In related news, SVP Esam Elashmawi sold 15,742 shares of the 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 transaction, the senior vice president owned 155,420 shares in the company, valued at $20,945,953.40. This represents a 9.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 Tracy Feanny sold 1,880 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $126.43, for a total transaction of $237,688.40. Following the completion of the sale, the senior vice president owned 60,221 shares in the company, valued at $7,613,741.03. This represents a 3.03% 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. 0.62% of the stock is owned by corporate insiders.
Institutional Trading of Lattice Semiconductor
Large investors have recently modified their holdings of the company. Engineers Gate Manager LP lifted its holdings in Lattice Semiconductor by 177.5% in the second quarter. Engineers Gate Manager LP now owns 15,740 shares of the semiconductor company’s stock valued at $2,408,000 after acquiring an additional 10,068 shares during the period. NewEdge Advisors LLC grew its stake in shares of Lattice Semiconductor by 815,200.0% during the 2nd quarter. NewEdge Advisors LLC now owns 8,153 shares of the semiconductor company’s stock valued at $1,247,000 after purchasing an additional 8,152 shares during the period. GFG Capital LLC bought a new stake in shares of Lattice Semiconductor during the 2nd quarter valued at about $213,000. Arizona State Retirement System increased its position in shares of Lattice Semiconductor by 0.5% during the 2nd quarter. Arizona State Retirement System now owns 37,766 shares of the semiconductor company’s stock valued at $5,777,000 after purchasing an additional 194 shares during the last quarter. Finally, Nykredit A S purchased a new stake in shares of Lattice Semiconductor during the 2nd quarter valued at about $787,000. Institutional investors own 98.08% of the company’s stock.
About Lattice Semiconductor
Lattice Semiconductor Corporation develops and supplies low-power, field-programmable gate arrays (FPGAs) and related semiconductor solutions. Its products allow customers to configure hardware for specific applications after manufacturing, providing flexibility for industrial, communications, automotive, consumer electronics and computing systems.
The company’s portfolio includes small and mid-range FPGAs, system-on-chip devices, programmable logic products, development software, evaluation boards and design tools.
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