Sumitomo Mitsui Trust Group Inc. Acquires 705 Shares of Lattice Semiconductor Corporation $LSCC

Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) by 7.2% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,499 shares of the semiconductor company’s stock after buying an additional 705 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Lattice Semiconductor were worth $514,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. First Citizens Bank & Trust Co. boosted its holdings in shares of Lattice Semiconductor by 257.7% during the 2nd quarter. First Citizens Bank & Trust Co. now owns 19,633 shares of the semiconductor company’s stock worth $962,000 after buying an additional 14,144 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Lattice Semiconductor during the 2nd quarter worth approximately $862,000. Bridges Investment Management Inc. raised its stake in Lattice Semiconductor by 15.3% during the 2nd quarter. Bridges Investment Management Inc. now owns 23,622 shares of the semiconductor company’s stock worth $1,157,000 after buying an additional 3,143 shares during the period. TD Asset Management Inc raised its stake in Lattice Semiconductor by 5.7% during the 2nd quarter. TD Asset Management Inc now owns 1,817,854 shares of the semiconductor company’s stock worth $89,057,000 after buying an additional 97,610 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its stake in Lattice Semiconductor by 295.4% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 21,168 shares of the semiconductor company’s stock worth $1,037,000 after buying an additional 15,814 shares during the period. 98.08% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Lattice Semiconductor 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 value of $257,759.20. Following the completion of the transaction, the chief accounting officer directly owned 84,336 shares in the company, valued at $6,319,296.48. This represents a 3.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Robin Ann Abrams sold 15,000 shares of the company’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 value of $974,700.00. Following the completion of the transaction, the director owned 107,538 shares of the company’s stock, valued at $6,987,819.24. The trade was a 12.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 27,844 shares of company stock valued at $1,852,392. Company insiders own 1.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Susquehanna increased their target price on Lattice Semiconductor from $65.00 to $85.00 and gave the stock a “positive” rating in a report on Wednesday, October 22nd. Jefferies Financial Group raised Lattice Semiconductor to a “strong-buy” rating in a research report on Tuesday. Benchmark raised their target price on Lattice Semiconductor from $60.00 to $75.00 and gave the company a “buy” rating in a research report on Thursday, September 11th. Weiss Ratings lowered Lattice Semiconductor from a “hold (c-)” rating to a “sell (d+)” rating in a report on Saturday, October 25th. Finally, Deutsche Bank Aktiengesellschaft set a $80.00 target price on Lattice Semiconductor and gave the company a “buy” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, Lattice Semiconductor currently has a consensus rating of “Moderate Buy” and a consensus price target of $70.25.

Lattice Semiconductor Stock Down 0.9%

Shares of LSCC stock opened at $72.96 on Friday. The stock has a fifty day moving average of $69.77 and a 200 day moving average of $57.82. The firm has a market capitalization of $9.99 billion, a price-to-earnings ratio of 317.23, a PEG ratio of 5.63 and a beta of 1.66. Lattice Semiconductor Corporation has a 52 week low of $34.69 and a 52 week high of $76.61.

Lattice Semiconductor (NASDAQ:LSCC) last released its earnings results on Monday, August 4th. The semiconductor company reported $0.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.24. Lattice Semiconductor had a net margin of 6.47% and a return on equity of 6.61%. The firm had revenue of $123.97 million during the quarter, compared to analyst estimates of $123.60 million. During the same period last year, the business earned $0.23 earnings per share. The business’s revenue was down .1% on a year-over-year basis. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. Equities research analysts anticipate 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.