Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report) was the target of some unusual options trading on Friday. Traders bought 11,595 call options on the company. This is an increase of 654% compared to the average volume of 1,538 call options.
Insiders Place Their Bets
In other Lattice Semiconductor news, SVP Esam Elashmawi sold 15,742 shares of Lattice Semiconductor stock in a transaction on Monday, August 17th. The shares were sold at an average price of $134.77, for a total value of $2,121,549.34. Following the sale, the senior vice president directly owned 155,420 shares in the company, valued at approximately $20,945,953.40. The trade was a 9.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 Pravin Desale sold 2,039 shares of the firm’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $111.83, for a total value of $228,021.37. Following the transaction, the senior vice president owned 73,456 shares of the company’s stock, valued at approximately $8,214,584.48. The trade was a 2.70% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Insiders sold 19,661 shares of company stock worth $2,587,259 in the last three months. 0.62% of the stock is owned by company insiders.
Institutional Trading of Lattice Semiconductor
A number of large investors have recently made changes to their positions in LSCC. BlackRock Inc. acquired a new stake in shares of Lattice Semiconductor in the second quarter valued at approximately $2,637,161,000. William Blair Investment Management LLC acquired a new stake in shares of Lattice Semiconductor in the 2nd quarter worth approximately $177,497,000. TimesSquare Capital Management LLC acquired a new position in shares of Lattice Semiconductor during the 2nd quarter worth $173,633,000. Bank of New York Mellon Corp acquired a new position in shares of Lattice Semiconductor during the 2nd quarter worth approximately $139,705,000. Finally, Bank of America Corp DE acquired a new stake in shares of Lattice Semiconductor during the second quarter valued at $94,740,000. 98.08% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on the company. Needham & Company LLC upped their price objective 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 restated a “buy” rating and issued a $175.00 target price on shares of Lattice Semiconductor in a report on Tuesday, August 4th. Benchmark started coverage on Lattice Semiconductor in a report on Tuesday, August 25th. They issued a “buy” rating and a $160.00 price target on the stock. KeyCorp lifted their price objective on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Finally, Royal Bank Of Canada increased their price target on Lattice Semiconductor from $140.00 to $165.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $147.46.
Check Out Our Latest Analysis on LSCC
Lattice Semiconductor Stock Performance
LSCC opened at $103.65 on Friday. Lattice Semiconductor has a 1 year low of $60.50 and a 1 year high of $157.01. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.02 and a quick ratio of 2.33. The stock has a market cap of $14.20 billion, a P/E ratio of 398.65, a P/E/G ratio of 1.59 and a beta of 1.83. The firm has a fifty day moving average price of $119.95 and a 200 day moving average price of $125.79.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The company had revenue of $201.08 million during the quarter, compared to analysts’ expectations of $185.50 million. During the same period in the prior year, the business posted $0.24 earnings per share. The firm’s revenue for the quarter was up 62.2% on a year-over-year basis. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Equities research analysts anticipate that Lattice Semiconductor will post 1.10 earnings per share for the current year.
Lattice Semiconductor Company Profile
Lattice Semiconductor Corporation (NASDAQ: LSCC) is a fabless semiconductor company that develops low-power, programmable logic devices and related software. Its product portfolio includes field-programmable gate arrays (FPGAs), complex programmable logic devices, programmable system-on-chip solutions, development boards, design tools and intellectual property.
The company’s products are designed to provide flexible, power-efficient processing, control and connectivity for applications such as industrial equipment, communications infrastructure, automotive systems, consumer electronics, computing and aerospace and defense.
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