Lattice Semiconductor (NASDAQ:LSCC) Stock Price Down 8.5% – Here’s Why

Lattice Semiconductor Corporation (NASDAQ:LSCC)’s share price was down 8.5% during trading on Thursday. The stock traded as low as $104.27 and last traded at $105.2320. 624,996 shares were traded during mid-day trading, a decline of 68% from the average session volume of 1,940,505 shares. The stock had previously closed at $115.00.

Wall Street Analyst Weigh In

A number of research firms have recently commented on LSCC. Weiss Ratings restated a “hold (c-)” rating on shares of Lattice Semiconductor in a report on Friday, July 17th. Jefferies Financial Group boosted their target price on shares of Lattice Semiconductor from $145.00 to $175.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Benchmark assumed coverage on Lattice Semiconductor in a research report on Tuesday, August 25th. They set a “buy” rating and a $160.00 target price on the stock. Wall Street Zen raised Lattice Semiconductor from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 10th. Finally, Royal Bank Of Canada upped their target price on Lattice Semiconductor from $140.00 to $165.00 and gave the company 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 assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $147.46.

Lattice Semiconductor Stock Down 7.4%

The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.33 and a current ratio of 3.02. The stock has a market cap of $14.60 billion, a price-to-earnings ratio of 410.49, a price-to-earnings-growth ratio of 1.86 and a beta of 1.83. The business’s 50 day moving average is $120.91 and its 200 day moving average is $125.83.

Lattice Semiconductor (NASDAQ:LSCC) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $185.50 million. During the same quarter last year, the business posted $0.24 EPS. The company’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 analysts expect that Lattice Semiconductor Corporation will post 1.10 earnings per share for the current year.

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Tracy Feanny sold 1,880 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $126.43, for a total value of $237,688.40. Following the sale, the senior vice president directly owned 60,221 shares in the company, valued at $7,613,741.03. This represents a 3.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Esam Elashmawi sold 15,742 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $134.77, for a total value 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. The trade was a 9.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 have sold 19,661 shares of company stock valued at $2,587,259 in the last 90 days. 0.62% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Lattice Semiconductor

Several institutional investors have recently modified their holdings of the stock. Burkett Financial Services LLC acquired a new stake in shares of Lattice Semiconductor during the third quarter worth $38,000. Meeder Asset Management Inc. bought a new stake in Lattice Semiconductor in the second quarter valued at approximately $46,000. Danske Bank A S acquired a new position in shares of Lattice Semiconductor in the second quarter valued at approximately $46,000. V Square Quantitative Management LLC raised its stake in Lattice Semiconductor by 38.6% in the 1st quarter. V Square Quantitative Management LLC now owns 513 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 143 shares in the last quarter. Finally, Versant Capital Management Inc raised its stake in Lattice Semiconductor by 53.5% in the second quarter. Versant Capital Management Inc now owns 531 shares of the semiconductor company’s stock valued at $81,000 after purchasing an additional 185 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.

About Lattice Semiconductor

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.