Castleark Management LLC Buys 45,400 Shares of Lattice Semiconductor Corporation $LSCC

Castleark Management LLC lifted its position in Lattice Semiconductor Corporation (NASDAQ:LSCC) by 88.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 96,640 shares of the semiconductor company’s stock after buying an additional 45,400 shares during the quarter. Castleark Management LLC owned approximately 0.07% of Lattice Semiconductor worth $4,734,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Voya Investment Management LLC grew its holdings 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 during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Lattice Semiconductor by 242.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,454 shares of the semiconductor company’s stock worth $76,000 after acquiring an additional 1,029 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Lattice Semiconductor in the second quarter valued at about $270,000. American Century Companies Inc. raised its stake in shares of Lattice Semiconductor by 25.1% during the second quarter. American Century Companies Inc. now owns 683,624 shares of the semiconductor company’s stock valued at $33,491,000 after acquiring an additional 137,140 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its stake 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 worth $43,000 after purchasing an additional 416 shares during the last quarter. Institutional investors own 98.08% of the company’s stock.

Insider Buying and Selling

In related news, CAO Tonya Stevens sold 3,440 shares of the stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $74.93, for a total transaction of $257,759.20. Following the sale, the chief accounting officer directly owned 84,336 shares of the company’s stock, valued at approximately $6,319,296.48. This represents a 3.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Ford Tamer acquired 20,000 shares of Lattice Semiconductor stock in a transaction on Thursday, November 6th. The shares were purchased at an average price of $63.63 per share, with a total value of $1,272,600.00. Following the completion of the purchase, the chief executive officer owned 275,745 shares in the company, valued at $17,545,654.35. This represents a 7.82% increase in their position. The SEC filing for this purchase provides additional information. Insiders have sold a total of 11,741 shares of company stock worth $830,002 in the last quarter. Corporate insiders own 1.19% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Benchmark increased their price objective on Lattice Semiconductor from $75.00 to $82.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Rosenblatt Securities lifted their price target on shares of Lattice Semiconductor from $72.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft set a $80.00 price objective on shares of Lattice Semiconductor and gave the stock a “buy” rating in a report on Tuesday, October 28th. Robert W. Baird boosted their price target on shares of Lattice Semiconductor from $60.00 to $75.00 and gave the company an “outperform” rating in a research report on Tuesday, November 4th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Lattice Semiconductor in a report on Monday, December 8th. One research 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 company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $77.58.

Lattice Semiconductor Stock Performance

LSCC stock opened at $75.62 on Monday. The firm has a 50 day moving average price of $70.14 and a 200-day moving average price of $62.42. Lattice Semiconductor Corporation has a 52-week low of $34.69 and a 52-week high of $81.23. The firm has a market capitalization of $10.34 billion, a price-to-earnings ratio of 378.12, a PEG ratio of 10.06 and a beta of 1.73.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings results on Monday, November 3rd. The semiconductor company reported $0.28 earnings per share for the quarter, hitting the consensus estimate of $0.28. The company had revenue of $133.35 million for the quarter, compared to the consensus estimate of $133.03 million. Lattice Semiconductor had a return on equity of 4.73% and a net margin of 5.50%.The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.24 EPS. 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 fiscal year.

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.