Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report)’s share price reached a new 52-week high on Saturday . The company traded as high as $81.23 and last traded at $78.85, with a volume of 2613090 shares trading hands. The stock had previously closed at $75.83.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on the company. KeyCorp raised their price objective on Lattice Semiconductor from $70.00 to $85.00 and gave the company an “overweight” rating in a research report on Tuesday, September 30th. Susquehanna lifted their price objective on Lattice Semiconductor from $65.00 to $85.00 and gave the company a “positive” rating in a report on Wednesday, October 22nd. Stifel Nicolaus increased their target price on Lattice Semiconductor from $60.00 to $80.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Robert W. Baird raised their price target on Lattice Semiconductor from $60.00 to $75.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 4th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $80.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $77.58.
Get Our Latest Research Report on Lattice Semiconductor
Lattice Semiconductor Price Performance
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last posted its earnings results on Monday, November 3rd. The semiconductor company reported $0.28 EPS for the quarter, hitting analysts’ consensus estimates of $0.28. Lattice Semiconductor had a net margin of 5.50% and a return on equity of 4.73%. The firm had revenue of $133.35 million during the quarter, compared to analysts’ expectations of $133.03 million. During the same quarter in the prior year, the business earned $0.24 earnings per share. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. Lattice Semiconductor has set its Q4 2025 guidance at 0.300-0.340 EPS. As a group, sell-side analysts forecast that Lattice Semiconductor Corporation will post 0.65 earnings per share for the current year.
Insider Activity at Lattice Semiconductor
In other news, CEO Ford Tamer acquired 20,000 shares of the firm’s stock in a transaction dated Thursday, November 6th. The stock was bought at an average cost of $63.63 per share, for a total transaction of $1,272,600.00. Following the completion of the transaction, the chief executive officer directly owned 275,745 shares in the company, valued at $17,545,654.35. This represents a 7.82% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Tonya Stevens sold 3,440 shares of the business’s stock in a transaction on Monday, September 22nd. The shares were 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 owned 84,336 shares in the company, valued at approximately $6,319,296.48. The trade was a 3.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 11,741 shares of company stock worth $830,002 in the last quarter. 1.19% of the stock is owned by insiders.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in LSCC. Voya Investment Management LLC increased its stake in shares of Lattice Semiconductor by 19.8% in the first quarter. Voya Investment Management LLC now owns 870,233 shares of the semiconductor company’s stock worth $45,644,000 after purchasing an additional 143,691 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Lattice Semiconductor by 242.1% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,454 shares of the semiconductor company’s stock valued at $76,000 after buying an additional 1,029 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in Lattice Semiconductor in the 2nd quarter worth approximately $270,000. American Century Companies Inc. grew its stake in Lattice Semiconductor by 25.1% in the 2nd quarter. American Century Companies Inc. now owns 683,624 shares of the semiconductor company’s stock valued at $33,491,000 after buying an additional 137,140 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its position in shares of Lattice Semiconductor by 89.8% in the second quarter. Farther Finance Advisors LLC now owns 879 shares of the semiconductor company’s stock valued at $43,000 after purchasing an additional 416 shares in the last quarter. 98.08% of the stock is owned by institutional investors.
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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