Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday, Zacks reports.
Other research analysts also recently issued research reports about the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Lattice Semiconductor in a report on Friday, July 17th. Royal Bank Of Canada boosted their price target on Lattice Semiconductor from $140.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. KeyCorp upped their price target on Lattice Semiconductor from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Wall Street Zen cut Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 29th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $175.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $147.46.
Read Our Latest Stock Analysis on LSCC
Lattice Semiconductor Stock Performance
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. The business had revenue of $201.08 million during the quarter, compared to the consensus estimate of $185.50 million. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%.The company’s revenue for the quarter was up 62.2% compared to the same quarter last year. During the same period last year, the firm earned $0.24 earnings per share. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Equities analysts forecast that Lattice Semiconductor will post 1.12 earnings per share for the current fiscal year.
Insider Activity at Lattice Semiconductor
In related news, SVP Esam Elashmawi sold 15,742 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $134.77, for a total transaction of $2,121,549.34. Following the completion of the transaction, the senior vice president directly owned 155,420 shares in the company, valued at $20,945,953.40. This represents a 9.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 Pravin Desale sold 2,039 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $142.89, for a total value of $291,352.71. Following the completion of the sale, the senior vice president directly owned 73,519 shares in the company, valued at $10,505,129.91. This represents a 2.70% 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. 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 $2,650,590 in the last 90 days. 0.62% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Lattice Semiconductor
Several institutional investors have recently modified their holdings of LSCC. Engineers Gate Manager LP lifted its position in Lattice Semiconductor by 177.5% in the 2nd quarter. Engineers Gate Manager LP now owns 15,740 shares of the semiconductor company’s stock valued at $2,408,000 after purchasing an additional 10,068 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Lattice Semiconductor by 815,200.0% during the 2nd quarter. NewEdge Advisors LLC now owns 8,153 shares of the semiconductor company’s stock valued at $1,247,000 after purchasing an additional 8,152 shares during the period. GFG Capital LLC bought a new position in Lattice Semiconductor in the 2nd quarter worth about $213,000. Arizona State Retirement System grew its position in Lattice Semiconductor by 0.5% in the 2nd quarter. Arizona State Retirement System now owns 37,766 shares of the semiconductor company’s stock worth $5,777,000 after purchasing an additional 194 shares during the last quarter. Finally, Nykredit A S bought a new position in Lattice Semiconductor in the 2nd quarter worth about $787,000. Institutional investors own 98.08% of the company’s stock.
About Lattice Semiconductor
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.
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