Sumitomo Mitsui Trust Group Inc. Sells 6,786 Shares of Lattice Semiconductor Corporation $LSCC

Sumitomo Mitsui Trust Group Inc. cut its holdings in Lattice Semiconductor Corporation (NASDAQ:LSCC) by 64.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,713 shares of the semiconductor company’s stock after selling 6,786 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Lattice Semiconductor were worth $272,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in LSCC. Wealth Enhancement Advisory Services LLC purchased a new position in Lattice Semiconductor during the 2nd quarter valued at approximately $270,000. American Century Companies Inc. grew its holdings in shares of Lattice Semiconductor by 25.1% in the second quarter. American Century Companies Inc. now owns 683,624 shares of the semiconductor company’s stock valued at $33,491,000 after purchasing an additional 137,140 shares in the last quarter. Castleark Management LLC grew its holdings in shares of Lattice Semiconductor by 88.6% in the second quarter. Castleark Management LLC now owns 96,640 shares of the semiconductor company’s stock valued at $4,734,000 after purchasing an additional 45,400 shares in the last quarter. Farther Finance Advisors LLC increased its position in Lattice Semiconductor by 89.8% in the second quarter. Farther Finance Advisors LLC now owns 879 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 416 shares during the last quarter. Finally, EDENTREE ASSET MANAGEMENT Ltd raised its stake in Lattice Semiconductor by 16.9% during the second quarter. EDENTREE ASSET MANAGEMENT Ltd now owns 164,008 shares of the semiconductor company’s stock valued at $8,027,000 after purchasing an additional 23,708 shares in the last quarter. 98.08% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

LSCC has been the subject of a number of recent research reports. Jefferies Financial Group upgraded shares of Lattice Semiconductor to a “strong-buy” rating in a report on Tuesday, October 28th. Benchmark boosted their price objective on Lattice Semiconductor from $75.00 to $82.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Weiss Ratings restated a “hold (c-)” rating on shares of Lattice Semiconductor in a research report on Monday, December 29th. Deutsche Bank Aktiengesellschaft set a $80.00 target price on Lattice Semiconductor and gave the stock a “buy” rating in a report on Tuesday, October 28th. Finally, Susquehanna boosted their target price on Lattice Semiconductor from $65.00 to $85.00 and gave the company a “positive” rating in a research report on Wednesday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $80.46.

Insiders Place Their Bets

In related news, SVP Tracy Ann Feanny sold 9,965 shares of Lattice Semiconductor stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $73.44, for a total transaction of $731,829.60. Following the completion of the sale, the senior vice president owned 61,740 shares in the company, valued at $4,534,185.60. This trade represents a 13.90% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Ford Tamer acquired 10,000 shares of the stock in a transaction on Friday, November 7th. The stock was bought at an average cost of $61.95 per share, with a total value of $619,500.00. Following the completion of the transaction, the chief executive officer owned 10,000 shares in the company, valued at $619,500. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 19,105 shares of company stock valued at $1,369,590 in the last three months. 1.19% of the stock is owned by company insiders.

Lattice Semiconductor Price Performance

Shares of NASDAQ:LSCC opened at $83.23 on Wednesday. The firm has a market capitalization of $11.39 billion, a PE ratio of 416.17, a price-to-earnings-growth ratio of 3.64 and a beta of 1.72. The business has a 50 day simple moving average of $75.10 and a two-hundred day simple moving average of $68.07. Lattice Semiconductor Corporation has a 1 year low of $34.69 and a 1 year high of $89.92.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings results on Monday, November 3rd. The semiconductor company reported $0.28 earnings per share for the quarter, hitting the consensus estimate of $0.28. Lattice Semiconductor had a return on equity of 4.73% and a net margin of 5.50%.The firm had revenue of $133.35 million for the quarter, compared to the consensus estimate of $133.03 million. During the same period in the prior year, the business posted $0.24 earnings per share. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. Lattice Semiconductor has set its Q4 2025 guidance at 0.300-0.340 EPS. Equities research analysts expect that Lattice Semiconductor Corporation will post 0.65 EPS for the current fiscal year.

Lattice Semiconductor Profile

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.