Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) was downgraded by equities researchers at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Monday.
A number of other equities research analysts have also recently issued reports on the company. Needham & Company LLC upped their target price on Lattice Semiconductor from $110.00 to $140.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Jefferies Financial Group boosted their price objective on shares of Lattice Semiconductor from $135.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. KeyCorp upped their price objective 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. Robert W. Baird raised their target price on shares of Lattice Semiconductor from $120.00 to $135.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Finally, 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 report on Tuesday, May 5th. Thirteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $132.29.
Read Our Latest Research Report on Lattice Semiconductor
Lattice Semiconductor Price Performance
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last released its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $164.93 million. During the same quarter in the prior year, the company posted $0.22 EPS. 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 expect that Lattice Semiconductor will post 1.02 EPS for the current year.
Insiders Place Their Bets
In other news, Director Elizabeth M. Schwarting sold 3,200 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $124.53, for a total transaction of $398,496.00. Following the completion of the transaction, the director directly owned 6,636 shares in the company, valued at $826,381.08. The trade was a 32.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Tracy Ann Feanny sold 2,740 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $151.84, for a total value of $416,041.60. Following the transaction, the senior vice president owned 63,084 shares of the company’s stock, valued at approximately $9,578,674.56. This trade represents a 4.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 14,080 shares of company stock valued at $2,045,078. Corporate insiders own 0.62% of the company’s stock.
Hedge Funds Weigh In On Lattice Semiconductor
Large investors have recently bought and sold shares of the stock. Royal Bank of Canada increased its holdings in shares of Lattice Semiconductor by 213.3% during the 1st quarter. Royal Bank of Canada now owns 176,938 shares of the semiconductor company’s stock worth $9,280,000 after purchasing an additional 120,464 shares during the period. AQR Capital Management LLC lifted its stake in shares of Lattice Semiconductor by 59.5% in the first quarter. AQR Capital Management LLC now owns 8,799 shares of the semiconductor company’s stock valued at $460,000 after buying an additional 3,283 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Lattice Semiconductor by 37.8% in the first quarter. Goldman Sachs Group Inc. now owns 963,493 shares of the semiconductor company’s stock valued at $50,535,000 after buying an additional 264,329 shares during the period. Cetera Investment Advisers grew its position in Lattice Semiconductor by 28.8% during the second quarter. Cetera Investment Advisers now owns 6,432 shares of the semiconductor company’s stock worth $315,000 after buying an additional 1,440 shares in the last quarter. Finally, Guggenheim Capital LLC grew its position in Lattice Semiconductor by 9.5% during the second quarter. Guggenheim Capital LLC now owns 19,746 shares of the semiconductor company’s stock worth $967,000 after buying an additional 1,717 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.
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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