Fifth Third Bancorp Buys 43,401 Shares of Lattice Semiconductor Corporation $LSCC

Fifth Third Bancorp lifted its stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) by 3,463.8% in the 1st quarter, Holdings Channel reports. The institutional investor owned 44,654 shares of the semiconductor company’s stock after purchasing an additional 43,401 shares during the quarter. Fifth Third Bancorp’s holdings in Lattice Semiconductor were worth $4,142,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of LSCC. iSAM Funds UK Ltd acquired a new stake in shares of Lattice Semiconductor during the 3rd quarter valued at $25,000. V Square Quantitative Management LLC acquired a new position in Lattice Semiconductor in the 4th quarter worth about $27,000. Smartleaf Asset Management LLC increased its holdings in Lattice Semiconductor by 462.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 394 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 324 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new position in Lattice Semiconductor in the third quarter valued at about $31,000. Finally, Advisory Services Network LLC bought a new position in Lattice Semiconductor in the third quarter valued at about $34,000. 98.08% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on LSCC shares. KeyCorp lifted their price target on Lattice Semiconductor from $125.00 to $165.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Royal Bank Of Canada raised their price objective on shares of Lattice Semiconductor from $118.00 to $140.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Rosenblatt Securities lifted their target price on shares of Lattice Semiconductor from $105.00 to $175.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Stifel Nicolaus lifted their target price on shares of Lattice Semiconductor from $130.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Finally, Wall Street Zen raised shares of Lattice Semiconductor from a “buy” rating to a “strong-buy” rating in a report on Sunday, July 12th. Thirteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $132.29.

Lattice Semiconductor Trading Up 0.6%

Shares of LSCC opened at $125.23 on Friday. The stock’s 50-day moving average price is $139.56 and its two-hundred day moving average price is $110.74. Lattice Semiconductor Corporation has a 12 month low of $46.43 and a 12 month high of $157.01. The company has a market capitalization of $17.16 billion, a PE ratio of 894.56, a PEG ratio of 3.09 and a beta of 1.78.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.05. Lattice Semiconductor had a return on equity of 8.48% and a net margin of 3.46%.The company had revenue of $170.90 million during the quarter, compared to analysts’ expectations of $164.93 million. During the same quarter in the prior year, the firm posted $0.22 earnings per share. The business’s quarterly 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. Equities research analysts predict that Lattice Semiconductor Corporation will post 1.02 EPS for the current fiscal year.

Insider Buying and Selling

In other news, SVP Pravin Desale sold 2,039 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $142.89, for a total value of $291,352.71. Following the transaction, the senior vice president owned 73,519 shares in the company, valued at approximately $10,505,129.91. The trade was a 2.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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, Director James P. Lederer sold 6,101 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $153.94, for a total transaction of $939,187.94. Following the completion of the sale, the director directly owned 41,201 shares in the company, valued at approximately $6,342,481.94. This represents a 12.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 14,080 shares of company stock valued at $2,045,078. Insiders own 0.62% of the company’s stock.

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.