Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $111.65 and last traded at $110.81, with a volume of 1282231 shares changing hands. The stock had previously closed at $107.76.
Analyst Ratings Changes
LSCC has been the subject of a number of recent analyst reports. Rosenblatt Securities boosted their target price on shares of Lattice Semiconductor from $80.00 to $105.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Benchmark boosted their price objective on shares of Lattice Semiconductor from $82.00 to $120.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. KeyCorp boosted their price objective on shares of Lattice Semiconductor from $95.00 to $125.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Needham & Company LLC boosted their price objective on shares of Lattice Semiconductor from $90.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, February 11th. Finally, Robert W. Baird set a $120.00 price objective on shares of Lattice Semiconductor in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $102.64.
Lattice Semiconductor Stock Up 2.8%
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last announced its earnings results on Tuesday, February 10th. The semiconductor company reported $0.32 earnings per share for the quarter, meeting the consensus estimate of $0.32. The business had revenue of $145.79 million during the quarter, compared to the consensus estimate of $143.18 million. Lattice Semiconductor had a net margin of 0.59% and a return on equity of 5.60%. The business’s quarterly revenue was up 24.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.15 earnings per share. Lattice Semiconductor has set its Q1 2026 guidance at 0.340-0.380 EPS. On average, sell-side analysts anticipate that Lattice Semiconductor Corporation will post 0.65 earnings per share for the current fiscal year.
Insider Transactions at Lattice Semiconductor
In related news, SVP Erhaan Shaikh sold 1,577 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $93.33, for a total value of $147,181.41. Following the sale, the senior vice president directly owned 82,617 shares of the company’s stock, valued at $7,710,644.61. This represents a 1.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Lorenzo Flores sold 2,167 shares of the company’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $90.63, for a total transaction of $196,395.21. Following the completion of the sale, the chief financial officer directly owned 105,276 shares in the company, valued at $9,541,163.88. This represents a 2.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 45,614 shares of company stock valued at $4,346,028 over the last ninety days. 0.62% of the stock is currently owned by corporate insiders.
Institutional Trading of Lattice Semiconductor
Several institutional investors have recently added to or reduced their stakes in LSCC. Elevatus Welath Management acquired a new stake in shares of Lattice Semiconductor during the fourth quarter worth $2,792,000. Assenagon Asset Management S.A. acquired a new stake in shares of Lattice Semiconductor during the fourth quarter worth $4,090,000. William Blair Investment Management LLC acquired a new stake in shares of Lattice Semiconductor during the third quarter worth $102,185,000. Westfield Capital Management Co. LP acquired a new stake in shares of Lattice Semiconductor during the third quarter worth $51,082,000. Finally, American Century Companies Inc. raised its holdings in shares of Lattice Semiconductor by 95.8% during the third quarter. American Century Companies Inc. now owns 1,338,372 shares of the semiconductor company’s stock worth $98,129,000 after purchasing an additional 654,748 shares during the period. 98.08% of the stock is owned by institutional investors and hedge funds.
Lattice Semiconductor Company Profile
Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company’s product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice’s solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.
The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.
Further Reading
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