Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $160.14 and last traded at $155.5690, with a volume of 11975 shares trading hands. The stock had previously closed at $153.72.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on LSCC shares. 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. Needham & Company LLC lifted their price target on shares of Lattice Semiconductor from $110.00 to $140.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. 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 note on Tuesday, May 5th. Robert W. Baird boosted their price target on shares of Lattice Semiconductor from $120.00 to $135.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Finally, Wall Street Zen lowered Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 6th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $130.86.
Read Our Latest Stock Analysis on Lattice Semiconductor
Lattice Semiconductor Stock Performance
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last released its earnings results on Monday, May 4th. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.05. Lattice Semiconductor had a return on equity of 8.48% and a net margin of 3.46%.The business had revenue of $170.90 million for the quarter, compared to analyst estimates of $164.93 million. During the same quarter in the previous year, the company posted $0.22 earnings per share. The company’s revenue for the quarter 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. Research analysts predict that Lattice Semiconductor Corporation will post 1.01 EPS for the current fiscal year.
Insider Activity
In other Lattice Semiconductor news, SVP Pravin Desale sold 2,039 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $142.89, for a total transaction of $291,352.71. Following the completion of the transaction, the senior vice president owned 73,519 shares in the company, valued at approximately $10,505,129.91. This represents a 2.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 Elizabeth M. Schwarting sold 3,200 shares of the firm’s stock in a transaction 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 sale, the director owned 6,636 shares of the company’s stock, valued at $826,381.08. This trade represents a 32.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 14,080 shares of company stock valued at $2,045,078. 0.62% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Lattice Semiconductor
Several institutional investors and hedge funds have recently made changes to their positions in the business. iSAM Funds UK Ltd acquired a new position in Lattice Semiconductor during the third quarter worth about $25,000. V Square Quantitative Management LLC purchased a new position in Lattice Semiconductor during the fourth quarter worth about $27,000. Smartleaf Asset Management LLC grew its holdings in Lattice Semiconductor by 462.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 394 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 324 shares during the period. Measured Wealth Private Client Group LLC acquired a new stake in shares of Lattice Semiconductor during the 3rd quarter worth $31,000. Finally, Caitlin John LLC acquired a new stake in Lattice Semiconductor during the 3rd quarter worth approximately $34,000. 98.08% of the stock is currently owned by hedge funds and other 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.
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