Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report) saw some unusual options trading activity on Friday. Investors purchased 11,595 call options on the stock. This is an increase of 654% compared to the typical volume of 1,538 call options.
Lattice Semiconductor Price Performance
Shares of LSCC traded down $2.18 during midday trading on Friday, hitting $104.91. The company’s stock had a trading volume of 892,278 shares, compared to its average volume of 1,948,660. The company has a quick ratio of 2.33, a current ratio of 3.02 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $14.37 billion, a price-to-earnings ratio of 403.69, a price-to-earnings-growth ratio of 1.76 and a beta of 1.83. Lattice Semiconductor has a one year low of $60.50 and a one year high of $157.01. The company’s fifty day simple moving average is $120.48 and its two-hundred day simple moving average is $125.95.
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 business had revenue of $201.08 million for the quarter, compared to analyst estimates of $185.50 million. During the same quarter in the previous year, the business earned $0.24 earnings per share. Lattice Semiconductor’s revenue for the quarter was up 62.2% on a year-over-year basis. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. As a group, equities analysts expect that Lattice Semiconductor will post 1.10 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
LSCC has been the subject of a number of analyst reports. Rosenblatt Securities reaffirmed a “buy” rating and issued a $175.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, August 4th. Royal Bank Of Canada increased their price objective on Lattice Semiconductor from $140.00 to $165.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Needham & Company LLC raised their price objective on shares of Lattice Semiconductor from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of Lattice Semiconductor in a report on Thursday. Finally, KeyCorp increased their price target on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $147.46.
Check Out Our Latest Research Report on LSCC
Insider Transactions at Lattice Semiconductor
In related news, SVP Pravin Desale sold 2,039 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $111.83, for a total transaction of $228,021.37. Following the completion of the transaction, the senior vice president owned 73,456 shares in the company, valued at $8,214,584.48. The trade was a 2.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 on Tuesday, August 18th. The shares were sold at an average price of $126.43, for a total value of $237,688.40. Following the transaction, the senior vice president directly owned 60,221 shares in the company, valued at $7,613,741.03. This trade represents a 3.03% 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. In the last quarter, insiders sold 19,661 shares of company stock worth $2,587,259. 0.62% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Lattice Semiconductor
A number of hedge funds have recently modified their holdings of the stock. Assenagon Asset Management S.A. lifted its holdings in Lattice Semiconductor by 34.2% during the third quarter. Assenagon Asset Management S.A. now owns 216,189 shares of the semiconductor company’s stock valued at $27,158,000 after purchasing an additional 55,151 shares during the last quarter. Wedmont Private Capital lifted its stake in shares of Lattice Semiconductor by 6.7% during the 3rd quarter. Wedmont Private Capital now owns 3,092 shares of the semiconductor company’s stock valued at $386,000 after buying an additional 193 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Lattice Semiconductor by 15.1% during the 3rd quarter. GAMMA Investing LLC now owns 4,694 shares of the semiconductor company’s stock valued at $590,000 after buying an additional 616 shares in the last quarter. Artemis Investment Management LLP boosted its holdings in Lattice Semiconductor by 142.0% in the 3rd quarter. Artemis Investment Management LLP now owns 487,423 shares of the semiconductor company’s stock worth $61,230,000 after buying an additional 285,991 shares during the period. Finally, Burkett Financial Services LLC purchased a new position in Lattice Semiconductor in the 3rd quarter valued at approximately $38,000. Institutional investors own 98.08% of the company’s stock.
About Lattice Semiconductor
Lattice Semiconductor Corporation (NASDAQ: LSCC) is a fabless semiconductor company that develops low-power, programmable logic devices and related software. Its product portfolio includes field-programmable gate arrays (FPGAs), complex programmable logic devices, programmable system-on-chip solutions, development boards, design tools and intellectual property.
The company’s products are designed to provide flexible, power-efficient processing, control and connectivity for applications such as industrial equipment, communications infrastructure, automotive systems, consumer electronics, computing and aerospace and defense.
Further Reading
- Five stocks we like better than Lattice Semiconductor
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
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.
