Lattice Semiconductor Sees Unusually High Options Volume (NASDAQ:LSCC)

Lattice Semiconductor Corporation (NASDAQ:LSCCGet Free Report) was the recipient of some unusual options trading activity on Monday. Traders acquired 10,247 call options on the company. This is an increase of 503% compared to the average daily volume of 1,700 call options.

Insiders Place Their Bets

In related news, SVP Tracy Feanny sold 1,880 shares of Lattice Semiconductor stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $126.43, for a total value of $237,688.40. Following the completion of the transaction, the senior vice president owned 60,221 shares in the company, valued at approximately $7,613,741.03. This trade represents a 3.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Esam Elashmawi sold 15,742 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $134.77, for a total value of $2,121,549.34. Following the sale, the senior vice president directly owned 155,420 shares in the company, valued at $20,945,953.40. The trade was 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. Company insiders own 0.62% of the company’s stock.

Institutional Trading of Lattice Semiconductor

A number of institutional investors have recently made changes to their positions in the business. California State Teachers Retirement System raised its position in shares of Lattice Semiconductor by 15,228.0% in the 2nd quarter. California State Teachers Retirement System now owns 24,285,306 shares of the semiconductor company’s stock valued at $3,714,680,000 after purchasing an additional 24,126,868 shares during the last quarter. BlackRock Inc. purchased a new stake in Lattice Semiconductor during the 2nd quarter worth approximately $2,637,161,000. Invesco Ltd. increased its stake in Lattice Semiconductor by 177.3% during 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 in the last quarter. State Street Corp increased its stake in Lattice Semiconductor by 1.8% during the 2nd quarter. State Street Corp now owns 4,852,380 shares of the semiconductor company’s stock valued at $237,718,000 after purchasing an additional 85,973 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Lattice Semiconductor by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 3,457,389 shares of the semiconductor company’s stock valued at $254,433,000 after purchasing an additional 84,812 shares during the period. Institutional investors and hedge funds own 98.08% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on LSCC. Needham & Company LLC boosted their target price on Lattice Semiconductor from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. TD Cowen raised their price target on Lattice Semiconductor from $145.00 to $165.00 and gave the stock a “buy” rating in a research report on Monday, July 13th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Lattice Semiconductor in a research note on Friday, July 17th. Royal Bank Of Canada increased their target price 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. Finally, KeyCorp raised their target price on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $147.46.

View Our Latest Report on Lattice Semiconductor

Lattice Semiconductor Trading Down 10.0%

LSCC traded down $11.94 on Monday, reaching $107.82. 942,398 shares of the company traded hands, compared to its average volume of 1,953,687. The company has a market cap of $14.77 billion, a P/E ratio of 414.70, a price-to-earnings-growth ratio of 1.82 and a beta of 1.79. The company has a quick ratio of 2.33, a current ratio of 3.02 and a debt-to-equity ratio of 0.04. Lattice Semiconductor has a one year low of $60.50 and a one year high of $157.01. The firm has a fifty day simple moving average of $124.73 and a two-hundred day simple moving average of $121.25.

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The company had revenue of $201.08 million during the quarter, compared to analyst estimates of $185.50 million. During the same period in the prior year, the firm earned $0.24 earnings per share. The firm’s revenue for the quarter 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, equities research analysts expect that Lattice Semiconductor will post 1.12 earnings per share for the current year.

About Lattice Semiconductor

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Lattice Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lattice Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.