Sumitomo Mitsui DS Asset Management Company Ltd Lowers Stock Position in Lattice Semiconductor Corporation $LSCC

Sumitomo Mitsui DS Asset Management Company Ltd lessened its stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) by 36.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,744 shares of the semiconductor company’s stock after selling 6,827 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Lattice Semiconductor were worth $575,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Price T Rowe Associates Inc. MD boosted its stake in shares of Lattice Semiconductor by 24.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 7,800,552 shares of the semiconductor company’s stock valued at $409,139,000 after purchasing an additional 1,517,395 shares during the period. Invesco Ltd. boosted its stake in shares of Lattice Semiconductor by 93.2% in the first quarter. Invesco Ltd. now owns 2,158,092 shares of the semiconductor company’s stock valued at $113,192,000 after purchasing an additional 1,040,804 shares during the period. Alliancebernstein L.P. boosted its stake in shares of Lattice Semiconductor by 146.8% in the first quarter. Alliancebernstein L.P. now owns 1,440,083 shares of the semiconductor company’s stock valued at $75,532,000 after purchasing an additional 856,568 shares during the period. Nuveen LLC purchased a new position in shares of Lattice Semiconductor in the first quarter valued at approximately $25,906,000. Finally, Wellington Management Group LLP boosted its stake in shares of Lattice Semiconductor by 71.8% in the first quarter. Wellington Management Group LLP now owns 914,217 shares of the semiconductor company’s stock valued at $47,951,000 after purchasing an additional 382,106 shares during the period. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on LSCC. Needham & Company LLC raised their price objective on shares of Lattice Semiconductor from $70.00 to $80.00 and gave the company a “buy” rating in a research note on Monday. Loop Capital lowered their price objective on shares of Lattice Semiconductor from $75.00 to $65.00 and set a “buy” rating for the company in a research note on Tuesday, August 5th. TD Cowen decreased their price target on shares of Lattice Semiconductor from $62.00 to $57.00 and set a “buy” rating for the company in a research note on Tuesday, August 5th. Wall Street Zen upgraded shares of Lattice Semiconductor from a “hold” rating to a “buy” rating in a research note on Saturday, September 13th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $72.00 price target on shares of Lattice Semiconductor in a research note on Tuesday, August 5th. Eleven analysts have rated the stock with a Buy rating, According to MarketBeat, Lattice Semiconductor currently has a consensus rating of “Buy” and an average price target of $65.67.

Insiders Place Their Bets

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 5,965 shares of the firm’s stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $66.50, for a total transaction of $396,672.50. Following the sale, the senior vice president owned 79,480 shares of the company’s stock, valued at approximately $5,285,420. This trade represents a 6.98% 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, Director Robin Ann Abrams sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $64.98, for a total transaction of $974,700.00. Following the sale, the director directly owned 107,538 shares in the company, valued at approximately $6,987,819.24. The trade was a 12.24% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 24,404 shares of company stock valued at $1,594,632. 1.19% of the stock is owned by corporate insiders.

Lattice Semiconductor Trading Up 3.6%

LSCC stock opened at $74.71 on Tuesday. Lattice Semiconductor Corporation has a twelve month low of $34.69 and a twelve month high of $75.75. The company’s 50 day moving average is $61.02 and its two-hundred day moving average is $54.03. The stock has a market cap of $10.23 billion, a P/E ratio of 324.84, a PEG ratio of 5.30 and a beta of 1.62.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings data on Monday, August 4th. The semiconductor company reported $0.24 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.24. Lattice Semiconductor had a net margin of 6.47% and a return on equity of 6.61%. The company had revenue of $123.97 million for the quarter, compared to analysts’ expectations of $123.60 million. During the same quarter last year, the company earned $0.23 earnings per share. The firm’s revenue for the quarter was down .1% on a year-over-year basis. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. On average, equities research analysts predict that Lattice Semiconductor Corporation will post 0.65 earnings per share for the current year.

Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products.