Pravin Desale Sells 2,039 Shares of Lattice Semiconductor (NASDAQ:LSCC) Stock

Lattice Semiconductor Corporation (NASDAQ:LSCCGet Free Report) SVP Pravin Desale sold 2,039 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $142.89, for a total value of $291,352.71. Following the sale, the senior vice president directly 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 filing with the Securities & Exchange Commission, which can be accessed 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.

Lattice Semiconductor Price Performance

Shares of NASDAQ:LSCC opened at $144.53 on Friday. Lattice Semiconductor Corporation has a 12 month low of $46.43 and a 12 month high of $155.82. The stock has a market cap of $19.80 billion, a price-to-earnings ratio of 1,032.43, a PEG ratio of 3.59 and a beta of 1.79. The stock’s 50 day moving average price is $125.70 and its 200 day moving average price is $99.18.

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) last announced 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. Lattice Semiconductor had a return on equity of 8.48% and a net margin of 3.46%.The firm had revenue of $170.90 million for the quarter, compared to analysts’ expectations of $164.93 million. During the same quarter in the previous year, the company earned $0.22 earnings per share. The firm’s quarterly revenue was up 42.2% compared to the same quarter last year. Lattice Semiconductor has set its Q2 2026 guidance at 0.420-0.460 EPS. On average, sell-side analysts expect that Lattice Semiconductor Corporation will post 1.01 EPS for the current year.

Hedge Funds Weigh In On Lattice Semiconductor

Several institutional investors and hedge funds have recently modified their holdings of the stock. Amundi grew its holdings in shares of Lattice Semiconductor by 6.0% during the 1st quarter. Amundi now owns 102,525 shares of the semiconductor company’s stock valued at $9,510,000 after acquiring an additional 5,831 shares in the last quarter. California State Teachers Retirement System grew its holdings in shares of Lattice Semiconductor by 22.0% during the 1st quarter. California State Teachers Retirement System now owns 158,438 shares of the semiconductor company’s stock valued at $14,697,000 after acquiring an additional 28,523 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of Lattice Semiconductor by 385.6% during the 1st quarter. Empowered Funds LLC now owns 31,447 shares of the semiconductor company’s stock valued at $2,917,000 after acquiring an additional 24,971 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Lattice Semiconductor by 4.6% during the 1st quarter. The Manufacturers Life Insurance Company now owns 94,280 shares of the semiconductor company’s stock valued at $8,745,000 after acquiring an additional 4,109 shares in the last quarter. Finally, Quantinno Capital Management LP grew its holdings in shares of Lattice Semiconductor by 16.4% during the 1st quarter. Quantinno Capital Management LP now owns 64,615 shares of the semiconductor company’s stock valued at $5,994,000 after acquiring an additional 9,112 shares in the last quarter. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have issued reports on LSCC shares. KeyCorp lifted their price target 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. Jefferies Financial Group lifted their price target on shares of Lattice Semiconductor from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Weiss Ratings upgraded shares of Lattice Semiconductor from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, April 21st. TD Cowen lifted their price target on shares of Lattice Semiconductor from $125.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Lattice Semiconductor from $150.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $130.86.

Check Out Our Latest Report on Lattice Semiconductor

About Lattice Semiconductor

(Get Free Report)

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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