Shares of Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as $150.87 and last traded at $150.35, with a volume of 2331980 shares traded. The stock had previously closed at $143.22.
Wall Street Analyst Weigh In
Several brokerages have recently commented on LSCC. Needham & Company LLC raised their price objective on shares of Lattice Semiconductor from $110.00 to $140.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. KeyCorp raised their price objective on shares of Lattice Semiconductor from $125.00 to $165.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Wall Street Zen raised shares of Lattice Semiconductor from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 23rd. Susquehanna raised their price objective on shares of Lattice Semiconductor from $100.00 to $120.00 and gave the stock a “positive” rating in a research report on Wednesday, February 11th. Finally, Zacks Research raised shares of Lattice Semiconductor from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $130.86.
Read Our Latest Stock Analysis on Lattice Semiconductor
Lattice Semiconductor Trading Down 0.4%
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last posted its earnings results on Monday, May 4th. The semiconductor company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.36 by $0.05. The company had revenue of $170.90 million during the quarter, compared to the consensus estimate of $164.93 million. Lattice Semiconductor had a net margin of 3.46% and a return on equity of 8.48%. The firm’s revenue for the quarter was up 42.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.22 earnings per share. Lattice Semiconductor has set its Q2 2026 guidance at 0.420-0.460 EPS. Analysts forecast that Lattice Semiconductor Corporation will post 1.01 EPS for the current fiscal year.
Insider Buying and Selling at Lattice Semiconductor
In other Lattice Semiconductor news, SVP Pravin Desale sold 2,366 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $92.41, for a total transaction of $218,642.06. Following the completion of the sale, the senior vice president directly owned 80,826 shares of the company’s stock, valued at approximately $7,469,130.66. The trade was a 2.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Tonya Stevens sold 3,230 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $95.38, for a total value of $308,077.40. Following the sale, the chief accounting officer directly owned 62,302 shares of the company’s stock, valued at $5,942,364.76. This represents a 4.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 24,995 shares of company stock worth $2,401,340. 0.62% of the stock is currently owned by corporate insiders.
Institutional Trading of Lattice Semiconductor
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. HB Wealth Management LLC boosted its position in shares of Lattice Semiconductor by 3.7% during the first quarter. HB Wealth Management LLC now owns 3,335 shares of the semiconductor company’s stock valued at $309,000 after buying an additional 119 shares during the last quarter. Natixis Advisors LLC boosted its position in shares of Lattice Semiconductor by 0.5% during the fourth quarter. Natixis Advisors LLC now owns 23,000 shares of the semiconductor company’s stock valued at $1,692,000 after buying an additional 120 shares during the last quarter. Harbor Capital Advisors Inc. boosted its position in shares of Lattice Semiconductor by 1.2% during the fourth quarter. Harbor Capital Advisors Inc. now owns 12,466 shares of the semiconductor company’s stock valued at $917,000 after buying an additional 143 shares during the last quarter. V Square Quantitative Management LLC boosted its position in shares of Lattice Semiconductor by 38.6% during the first quarter. V Square Quantitative Management LLC now owns 513 shares of the semiconductor company’s stock valued at $48,000 after buying an additional 143 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Lattice Semiconductor by 46.5% during the third quarter. EverSource Wealth Advisors LLC now owns 476 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 151 shares during the last quarter. 98.08% of the stock is owned by institutional investors.
About Lattice Semiconductor
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.
Further Reading
- Five stocks we like better than Lattice Semiconductor
- 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
- Snowflake and the Snowballing Impact of its AI Flywheel
- AI’s Biggest Bottleneck Could Make These 2 Stocks Soar
- These 3 Beaten-Down Stocks Just Saw $25 Million in Insider Buying
Receive News & Ratings for Lattice Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lattice Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.
