Fifth Third Bancorp lessened its holdings in Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) by 23.3% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,158 shares of the semiconductor company’s stock after selling 352 shares during the quarter. Fifth Third Bancorp’s holdings in Lattice Semiconductor were worth $57,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also added to or reduced their stakes in LSCC. GAMMA Investing LLC grew its stake in Lattice Semiconductor by 7,924.5% in the 1st quarter. GAMMA Investing LLC now owns 218,507 shares of the semiconductor company’s stock worth $11,461,000 after acquiring an additional 215,784 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its position in shares of Lattice Semiconductor by 29.0% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 43,900 shares of the semiconductor company’s stock worth $2,303,000 after buying an additional 9,860 shares in the last quarter. UMB Bank n.a. grew its position in shares of Lattice Semiconductor by 114.6% during the 1st quarter. UMB Bank n.a. now owns 1,414 shares of the semiconductor company’s stock worth $74,000 after buying an additional 755 shares in the last quarter. Park Avenue Securities LLC grew its position in shares of Lattice Semiconductor by 10.4% during the 1st quarter. Park Avenue Securities LLC now owns 5,434 shares of the semiconductor company’s stock worth $285,000 after buying an additional 510 shares in the last quarter. Finally, SG Americas Securities LLC grew its position in shares of Lattice Semiconductor by 326.8% during the 1st quarter. SG Americas Securities LLC now owns 7,824 shares of the semiconductor company’s stock worth $410,000 after buying an additional 5,991 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on LSCC shares. Benchmark increased their price target on Lattice Semiconductor from $60.00 to $75.00 and gave the stock a “buy” rating in a research report on Thursday, September 11th. Loop Capital dropped their price objective on shares of Lattice Semiconductor from $75.00 to $65.00 and set a “buy” rating on the stock in a research note on Tuesday, August 5th. Rosenblatt Securities reiterated a “buy” rating and set a $72.00 price objective on shares of Lattice Semiconductor 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, Needham & Company LLC increased 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, September 22nd. Eleven equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $66.92.
Lattice Semiconductor Stock Down 1.0%
Lattice Semiconductor stock opened at $72.87 on Friday. Lattice Semiconductor Corporation has a 52 week low of $34.69 and a 52 week high of $76.61. The company has a market capitalization of $9.98 billion, a price-to-earnings ratio of 316.84, a price-to-earnings-growth ratio of 5.41 and a beta of 1.66. The stock has a 50-day moving average price of $64.26 and a 200 day moving average price of $54.81.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.24 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.24. The company had revenue of $123.97 million during the quarter, compared to the consensus estimate of $123.60 million. Lattice Semiconductor had a return on equity of 6.61% and a net margin of 6.47%.Lattice Semiconductor’s revenue for the quarter was down .1% on a year-over-year basis. During the same period in the previous year, the company posted $0.23 earnings per share. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. Research analysts anticipate that Lattice Semiconductor Corporation will post 0.65 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, CAO Tonya Stevens sold 3,440 shares of the company’s stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $74.93, for a total transaction of $257,759.20. Following the completion of the transaction, the chief accounting officer directly owned 84,336 shares of the company’s stock, valued at $6,319,296.48. This represents a 3.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Robin Ann Abrams sold 15,000 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $64.98, for a total transaction of $974,700.00. Following the transaction, the director owned 107,538 shares of the company’s stock, valued at approximately $6,987,819.24. This trade represents a 12.24% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 27,844 shares of company stock worth $1,852,392. Company insiders own 1.80% of the company’s stock.
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.
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