Louisiana State Employees Retirement System bought a new position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 39,700 shares of the semiconductor company’s stock, valued at approximately $3,683,000.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Invesco Ltd. grew its stake in Lattice Semiconductor by 177.3% in the third 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. Capital Research Global Investors boosted its stake in Lattice Semiconductor by 66.4% during the 3rd quarter. Capital Research Global Investors now owns 4,597,217 shares of the semiconductor company’s stock worth $337,068,000 after purchasing an additional 1,834,440 shares during the last quarter. William Blair Investment Management LLC purchased a new stake in shares of Lattice Semiconductor in the third quarter valued at about $102,185,000. Bank of America Corp DE increased 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 purchasing an additional 1,390,109 shares during the last quarter. Finally, M&T Bank Corp purchased a new stake in Lattice Semiconductor during the fourth quarter worth about $85,714,000. Hedge funds and other institutional investors own 98.08% of the company’s stock.
Insider Activity at Lattice Semiconductor
In other news, Director Elizabeth M. Schwarting sold 3,200 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $124.53, for a total value of $398,496.00. Following the transaction, the director owned 6,636 shares of the company’s stock, valued at approximately $826,381.08. This represents a 32.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Pravin Desale sold 2,039 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $142.89, for a total value of $291,352.71. Following the sale, the senior vice president owned 73,519 shares of the company’s stock, valued at approximately $10,505,129.91. The trade was a 2.70% 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. In the last three months, insiders sold 14,080 shares of company stock valued at $2,045,078. 0.62% of the stock is owned by company insiders.
Lattice Semiconductor Trading Down 3.8%
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.05. Lattice Semiconductor had a net margin of 3.46% and a return on equity of 8.48%. The firm had revenue of $170.90 million for the quarter, compared to analysts’ expectations of $164.93 million. During the same period last year, the firm earned $0.22 earnings per share. The business’s revenue for the quarter was up 42.2% on a year-over-year basis. Lattice Semiconductor has set its Q2 2026 guidance at 0.420-0.460 EPS. On average, sell-side analysts forecast that Lattice Semiconductor Corporation will post 1.01 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on LSCC. Robert W. Baird boosted their price objective on shares of Lattice Semiconductor from $120.00 to $135.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. TD Cowen raised their price objective on shares of Lattice Semiconductor from $125.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Wall Street Zen cut Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 6th. Rosenblatt Securities upped their target price on Lattice Semiconductor from $105.00 to $175.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Finally, Deutsche Bank Aktiengesellschaft upped 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. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Lattice Semiconductor presently has a consensus rating of “Buy” and an average price target of $130.86.
Check Out Our Latest Stock Analysis on LSCC
Lattice Semiconductor Company 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.
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