Citigroup Inc. cut its stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) by 92.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 57,751 shares of the semiconductor company’s stock after selling 708,384 shares during the period. Citigroup Inc.’s holdings in Lattice Semiconductor were worth $4,234,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Hantz Financial Services Inc. raised its holdings in shares of Lattice Semiconductor by 68.3% in the second quarter. Hantz Financial Services Inc. now owns 1,035 shares of the semiconductor company’s stock valued at $51,000 after purchasing an additional 420 shares during the last quarter. State of Wyoming bought a new stake in Lattice Semiconductor in the 2nd quarter worth about $51,000. Steigerwald Gordon & Koch Inc. purchased a new stake in Lattice Semiconductor in the 3rd quarter valued at about $57,000. Elevation Point Wealth Partners LLC purchased a new position in shares of Lattice Semiconductor in the 2nd quarter worth approximately $71,000. Finally, Manchester Capital Management LLC grew its holdings in shares of Lattice Semiconductor by 70,775.0% in the second quarter. Manchester Capital Management LLC now owns 2,835 shares of the semiconductor company’s stock valued at $139,000 after acquiring an additional 2,831 shares in the last quarter. Institutional investors own 98.08% of the company’s stock.
Insider Buying and Selling at Lattice Semiconductor
In other news, Director Robin Ann Abrams sold 8,000 shares of Lattice Semiconductor 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. The trade was a 7.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 sale, the director directly owned 59,342 shares in the company, valued at $5,835,692.28. This trade represents a 6.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 37,853 shares of company stock worth $3,448,609. Company insiders own 1.80% of the company’s stock.
Lattice Semiconductor Stock Down 2.0%
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The semiconductor company reported $0.32 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.32. The company had revenue of $145.79 million for the quarter, compared to analyst estimates of $143.18 million. Lattice Semiconductor had a net margin of 0.59% and a return on equity of 5.60%. The company’s quarterly revenue was up 24.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.15 earnings per share. Lattice Semiconductor has set its Q1 2026 guidance at 0.340-0.380 EPS. Analysts anticipate that Lattice Semiconductor Corporation will post 0.65 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of brokerages recently commented on LSCC. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $90.00 price target on shares of Lattice Semiconductor in a report on Wednesday, February 4th. Wall Street Zen raised shares of Lattice Semiconductor from a “hold” rating to a “buy” rating in a report on Sunday, February 15th. Jefferies Financial Group raised their price objective on shares of Lattice Semiconductor from $85.00 to $135.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. KeyCorp lifted their price objective on shares of Lattice Semiconductor from $95.00 to $125.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Finally, Needham & Company LLC increased their target price on shares of Lattice Semiconductor from $90.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $102.64.
Check Out Our Latest Report on Lattice Semiconductor
Lattice Semiconductor Company Profile
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.
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