Artisan Partners Limited Partnership cut its holdings in Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) by 21.4% in the fourth quarter, Holdings Channel reports. The fund owned 3,831,865 shares of the semiconductor company’s stock after selling 1,040,219 shares during the quarter. Artisan Partners Limited Partnership’s holdings in Lattice Semiconductor were worth $281,949,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Elevatus Welath Management purchased a new stake in Lattice Semiconductor in the fourth quarter worth about $2,792,000. CloudAlpha Capital Management Limited Hong Kong purchased a new stake in Lattice Semiconductor in the fourth quarter worth about $8,344,000. Assenagon Asset Management S.A. purchased a new stake in Lattice Semiconductor in the fourth quarter worth about $4,090,000. William Blair Investment Management LLC purchased a new stake in Lattice Semiconductor in the third quarter worth about $102,185,000. Finally, NZS Capital LLC lifted its stake in Lattice Semiconductor by 6.0% in the third quarter. NZS Capital LLC now owns 671,146 shares of the semiconductor company’s stock worth $49,208,000 after acquiring an additional 38,115 shares during the period. 98.08% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Lattice Semiconductor
In other news, Director James P. Lederer sold 6,101 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $153.94, for a total transaction of $939,187.94. Following the transaction, the director owned 41,201 shares in the company, valued at $6,342,481.94. This represents a 12.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Elizabeth M. Schwarting sold 3,200 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $124.53, for a total transaction of $398,496.00. Following the transaction, the director owned 6,636 shares in the company, valued at approximately $826,381.08. This trade represents a 32.53% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 14,080 shares of company stock worth $2,045,078. 0.62% of the stock is owned by insiders.
Lattice Semiconductor Stock Performance
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last announced its earnings results on Monday, May 4th. The semiconductor company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.05. Lattice Semiconductor had a net margin of 3.46% and a return on equity of 8.48%. The business had revenue of $170.90 million during the quarter, compared to the consensus estimate of $164.93 million. During the same period in the previous year, the company posted $0.22 earnings per share. The firm’s revenue was up 42.2% on a year-over-year basis. Lattice Semiconductor has set its Q2 2026 guidance at 0.420-0.460 EPS. On average, equities analysts predict that Lattice Semiconductor Corporation will post 1.01 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of analysts recently weighed in on LSCC shares. Wall Street Zen lowered shares of Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 6th. Royal Bank Of Canada boosted their target price on shares of Lattice Semiconductor from $118.00 to $140.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Lattice Semiconductor from $150.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. KeyCorp boosted their target price on shares of Lattice Semiconductor from $125.00 to $165.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Finally, Rosenblatt Securities boosted their target price on shares of Lattice Semiconductor from $105.00 to $175.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $130.86.
Check Out Our Latest Analysis on Lattice Semiconductor
Lattice Semiconductor 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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