Lattice Semiconductor (NASDAQ:LSCC) Cut to Sell (D+) at Weiss Ratings

Weiss Ratings downgraded shares of Lattice Semiconductor (NASDAQ:LSCC) from a hold (c-) rating to a sell (d+) rating in a research report released on Saturday,Weiss Ratings reports.

Other research analysts also recently issued research reports about the stock. Loop Capital decreased their target price on shares of Lattice Semiconductor from $75.00 to $65.00 and set a “buy” rating for the company in a research report on Tuesday, August 5th. Needham & Company LLC raised their target price on shares of Lattice Semiconductor from $70.00 to $80.00 and gave the company a “buy” rating in a research report on Monday, September 22nd. Rosenblatt Securities reaffirmed a “buy” rating and issued a $72.00 target price on shares of Lattice Semiconductor in a research report on Tuesday, August 5th. KeyCorp raised their target price on shares of Lattice Semiconductor from $70.00 to $85.00 and gave the company an “overweight” rating in a research report on Tuesday, September 30th. Finally, Susquehanna raised their target price on shares of Lattice Semiconductor from $65.00 to $85.00 and gave the company a “positive” rating in a research report on Wednesday, October 22nd. Eleven analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Lattice Semiconductor currently has an average rating of “Moderate Buy” and an average price target of $67.75.

Lattice Semiconductor Stock Up 3.4%

Shares of NASDAQ:LSCC opened at $71.53 on Friday. Lattice Semiconductor has a 12 month low of $34.69 and a 12 month high of $76.61. The company’s fifty day simple moving average is $68.90 and its 200 day simple moving average is $57.08. The firm has a market cap of $9.79 billion, a price-to-earnings ratio of 311.01, a PEG ratio of 5.27 and a beta of 1.66.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings data on Monday, August 4th. The semiconductor company reported $0.24 EPS 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 business had revenue of $123.97 million for the quarter, compared to analyst estimates of $123.60 million. During the same period last year, the business posted $0.23 earnings per share. The firm’s quarterly revenue was down .1% on a year-over-year basis. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. Research analysts expect that Lattice Semiconductor will post 0.65 earnings per share for the current fiscal year.

Insider Activity

In other news, CAO Tonya Stevens sold 3,440 shares of Lattice Semiconductor stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $74.93, for a total value of $257,759.20. Following the completion of the transaction, the chief accounting officer owned 84,336 shares of the company’s stock, valued at $6,319,296.48. This trade represents a 3.92% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Robin Ann Abrams sold 15,000 shares of Lattice Semiconductor stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $64.98, for a total transaction of $974,700.00. Following the completion of the transaction, the director directly 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. Insiders sold a total of 27,844 shares of company stock valued at $1,852,392 in the last quarter. Company insiders own 1.19% of the company’s stock.

Institutional Trading of Lattice Semiconductor

A number of hedge funds have recently modified their holdings of LSCC. Price T Rowe Associates Inc. MD lifted its stake in shares of Lattice Semiconductor by 24.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,800,552 shares of the semiconductor company’s stock worth $409,139,000 after buying an additional 1,517,395 shares during the last quarter. Bank of America Corp DE lifted 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 worth $156,083,000 after buying an additional 1,390,109 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Lattice Semiconductor by 93.2% during the 1st quarter. Invesco Ltd. now owns 2,158,092 shares of the semiconductor company’s stock worth $113,192,000 after buying an additional 1,040,804 shares during the last quarter. Norges Bank acquired a new stake in shares of Lattice Semiconductor during the 2nd quarter worth about $48,702,000. Finally, Alliancebernstein L.P. lifted its stake in shares of Lattice Semiconductor by 146.8% during the 1st quarter. Alliancebernstein L.P. now owns 1,440,083 shares of the semiconductor company’s stock worth $75,532,000 after buying an additional 856,568 shares during the last quarter. Institutional investors and hedge funds own 98.08% of the company’s stock.

About Lattice Semiconductor

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.