Connor Clark & Lunn Investment Management Ltd. purchased a new position in Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) in the second quarter, Holdings Channel.com reports. The fund purchased 360,919 shares of the semiconductor company’s stock, valued at approximately $55,206,000.
Several other large investors have also added to or reduced their stakes in the stock. BlackRock Inc. purchased a new position in Lattice Semiconductor during the 2nd quarter valued at $2,637,161,000. Invesco Ltd. boosted its stake in shares of 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. Bank of America Corp DE boosted its stake 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 valued at $156,083,000 after purchasing an additional 1,390,109 shares in the last quarter. William Blair Investment Management LLC bought a new stake in shares of Lattice Semiconductor during the 2nd quarter valued at about $177,497,000. Finally, TimesSquare Capital Management LLC purchased a new position in shares of Lattice Semiconductor during the second quarter valued at about $173,633,000. Institutional investors own 98.08% of the company’s stock.
Insider Buying and Selling
In other news, SVP Pravin Desale sold 2,039 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $142.89, for a total value of $291,352.71. Following the sale, the senior vice president directly owned 73,519 shares of the company’s stock, valued at approximately $10,505,129.91. This represents a 2.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 stock in a transaction 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 completion of the sale, the senior vice president directly owned 155,420 shares in the company, valued at approximately $20,945,953.40. This represents a 9.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 sold 28,502 shares of company stock worth $4,005,820 in the last 90 days. Corporate insiders own 0.62% of the company’s stock.
Wall Street Analysts Forecast Growth
View Our Latest Research Report on Lattice Semiconductor
Lattice Semiconductor Price Performance
Shares of LSCC opened at $117.69 on Monday. Lattice Semiconductor Corporation has a fifty-two week low of $60.50 and a fifty-two week high of $157.01. The firm’s 50-day simple moving average is $133.69 and its two-hundred day simple moving average is $118.84. The stock has a market cap of $16.12 billion, a PE ratio of 452.65, a price-to-earnings-growth ratio of 1.79 and a beta of 1.81. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.33 and a current ratio of 3.02.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last released 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. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The firm had revenue of $201.08 million during the quarter, compared to analyst estimates of $185.50 million. During the same period last year, the business earned $0.24 earnings per share. The business’s revenue was up 62.2% on a year-over-year basis. 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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