CenterBook Partners LP Cuts Stake in Lattice Semiconductor Corporation $LSCC

CenterBook Partners LP decreased its position in Lattice Semiconductor Corporation (NASDAQ:LSCC) by 49.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,483 shares of the semiconductor company’s stock after selling 7,225 shares during the period. CenterBook Partners LP’s holdings in Lattice Semiconductor were worth $549,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in LSCC. Bank of America Corp DE lifted its position in Lattice Semiconductor by 77.4% in the second quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company’s stock valued at $156,083,000 after purchasing an additional 1,390,109 shares during the period. Norges Bank acquired a new stake in shares of Lattice Semiconductor in the 2nd quarter valued at approximately $48,702,000. Brown Advisory Inc. boosted its stake in shares of Lattice Semiconductor by 126.2% in the second quarter. Brown Advisory Inc. now owns 1,366,703 shares of the semiconductor company’s stock valued at $66,955,000 after buying an additional 762,536 shares in the last quarter. Rafferty Asset Management LLC raised its position in Lattice Semiconductor by 63.3% in the second quarter. Rafferty Asset Management LLC now owns 1,785,278 shares of the semiconductor company’s stock worth $87,461,000 after acquiring an additional 692,041 shares in the last quarter. Finally, Squarepoint Ops LLC raised its position in Lattice Semiconductor by 2,680.9% in the second quarter. Squarepoint Ops LLC now owns 545,580 shares of the semiconductor company’s stock worth $26,728,000 after acquiring an additional 525,961 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on LSCC shares. KeyCorp upped their price target 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. Williams Trading set a $82.00 target price on shares of Lattice Semiconductor in a research report on Tuesday, November 4th. Royal Bank Of Canada lifted their price target on shares of Lattice Semiconductor from $105.00 to $118.00 and gave the company an “outperform” rating in a research report on Wednesday, February 11th. Robert W. Baird set a $120.00 price target on Lattice Semiconductor in a research note on Thursday, February 12th. Finally, Susquehanna raised their price objective on Lattice Semiconductor from $100.00 to $120.00 and gave the company a “positive” rating in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $102.64.

Insider Activity

In related news, Director Robin Ann Abrams sold 8,000 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $99.75, for a total value of $798,000.00. Following the completion of the transaction, the director directly owned 98,398 shares in the company, valued at approximately $9,815,200.50. This represents a 7.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Mark Edwin Jensen sold 3,855 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $98.34, for a total value of $379,100.70. Following the transaction, the director owned 59,342 shares in the company, valued at $5,835,692.28. This trade represents a 6.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 35,331 shares of company stock worth $3,054,892 in the last three months. 1.80% of the stock is owned by insiders.

Lattice Semiconductor Stock Up 2.8%

Shares of NASDAQ:LSCC opened at $97.76 on Friday. The company has a market capitalization of $13.37 billion, a P/E ratio of 4,890.45, a P/E/G ratio of 3.58 and a beta of 1.70. Lattice Semiconductor Corporation has a 52-week low of $34.69 and a 52-week high of $108.08. The stock’s fifty day simple moving average is $83.73 and its 200-day simple moving average is $73.86.

Lattice Semiconductor (NASDAQ:LSCC) 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. Lattice Semiconductor had a net margin of 0.59% and a return on equity of 5.60%. The firm had revenue of $145.79 million during the quarter, compared to the consensus estimate of $143.18 million. During the same quarter in the previous year, the company posted $0.15 EPS. The firm’s revenue for the quarter was up 24.2% on a year-over-year basis. 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 year.

About Lattice Semiconductor

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.