VIRGINIA RETIREMENT SYSTEMS ET Al Acquires New Position in Lattice Semiconductor Corporation $LSCC

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 27,800 shares of the semiconductor company’s stock, valued at approximately $4,252,000.

A number of other institutional investors also recently bought and sold shares of LSCC. California State Teachers Retirement System boosted its holdings in Lattice Semiconductor by 15,228.0% in the 2nd quarter. California State Teachers Retirement System now owns 24,285,306 shares of the semiconductor company’s stock valued at $3,714,680,000 after purchasing an additional 24,126,868 shares during the last quarter. Greenland Capital Management LP purchased a new stake in shares of Lattice Semiconductor in the 2nd quarter valued at approximately $630,000. Turner Financial Group Inc. acquired a new stake in shares of Lattice Semiconductor during the 2nd quarter worth approximately $295,000. SMART Wealth LLC purchased a new stake in shares of Lattice Semiconductor during the 2nd quarter valued at approximately $811,000. Finally, AXQ Capital LP purchased a new stake in shares of Lattice Semiconductor during the 2nd quarter valued at approximately $533,000. 98.08% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Lattice Semiconductor

In related news, SVP Pravin Desale sold 2,039 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $142.89, for a total transaction of $291,352.71. Following the completion of the transaction, the senior vice president directly owned 73,519 shares of the company’s stock, valued at $10,505,129.91. The trade was a 2.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Tracy Feanny sold 1,880 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $126.43, for a total transaction of $237,688.40. Following the sale, the senior vice president owned 60,221 shares in the company, valued at $7,613,741.03. The trade was a 3.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 19,661 shares of company stock valued at $2,650,590. 0.62% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. KeyCorp increased their price objective on Lattice Semiconductor from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Needham & Company LLC lifted their target price on Lattice Semiconductor from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Rosenblatt Securities reiterated a “buy” rating and set a $175.00 price target on shares of Lattice Semiconductor in a report on Tuesday, August 4th. Weiss Ratings reissued a “hold (c-)” rating on shares of Lattice Semiconductor in a research report on Friday, July 17th. Finally, Zacks Research upgraded shares of Lattice Semiconductor from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Lattice Semiconductor has a consensus rating of “Buy” and a consensus target price of $147.46.

Lattice Semiconductor Stock Down 1.7%

Shares of LSCC opened at $115.45 on Thursday. The company’s 50-day simple moving average is $125.51 and its 200-day simple moving average is $120.98. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.33 and a current ratio of 3.02. Lattice Semiconductor Corporation has a 1 year low of $60.50 and a 1 year high of $157.01. The stock has a market capitalization of $15.82 billion, a PE ratio of 444.04, a P/E/G ratio of 1.78 and a beta of 1.79.

Lattice Semiconductor (NASDAQ:LSCC) last announced its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.09. The firm had revenue of $201.08 million for the quarter, compared to the consensus estimate of $185.50 million. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The firm’s revenue for the quarter was up 62.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.24 EPS. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Analysts forecast that Lattice Semiconductor Corporation will post 1.12 earnings per share for the current fiscal year.

Lattice Semiconductor Profile

Lattice Semiconductor Corporation develops and supplies low-power, field-programmable gate arrays (FPGAs) and related semiconductor solutions. Its products allow customers to configure hardware for specific applications after manufacturing, providing flexibility for industrial, communications, automotive, consumer electronics and computing systems.

The company’s portfolio includes small and mid-range FPGAs, system-on-chip devices, programmable logic products, development software, evaluation boards and design tools.