Benchmark upgraded shares of Lattice Semiconductor (NASDAQ:LSCC – Free Report) to a strong-buy rating in a research report report published on Tuesday morning,Zacks.com reports.
LSCC has been the subject of a number of other research reports. Royal Bank Of Canada increased their target price on shares of Lattice Semiconductor from $140.00 to $165.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Zacks Research raised shares of Lattice Semiconductor from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. Stifel Nicolaus increased their price objective on shares of Lattice Semiconductor from $130.00 to $145.00 and gave the company a “buy” rating in a research note 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 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 research note on Saturday, August 8th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $147.46.
Read Our Latest Research Report on LSCC
Lattice Semiconductor Price Performance
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.09. The business had revenue of $201.08 million during the quarter, compared to the consensus estimate of $185.50 million. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%.Lattice Semiconductor’s revenue for the quarter was up 62.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.24 EPS. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. On average, sell-side analysts expect that Lattice Semiconductor will post 1.12 earnings per share for the current fiscal year.
Insider Buying and Selling at Lattice Semiconductor
In other Lattice Semiconductor 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 transaction of $291,352.71. Following the sale, the senior vice president directly owned 73,519 shares of the company’s stock, valued at $10,505,129.91. The trade was a 2.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, 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. Also, SVP Tracy Ann Feanny sold 2,740 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $151.84, for a total transaction of $416,041.60. Following the completion of 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 28,502 shares of company stock worth $4,005,820 in the last 90 days. Corporate insiders own 0.62% of the company’s stock.
Institutional Trading of Lattice Semiconductor
Institutional investors and hedge funds have recently bought and sold shares of the stock. CloudAlpha Capital Management Limited Hong Kong acquired a new stake in Lattice Semiconductor during the 4th quarter valued at approximately $8,344,000. TimesSquare Capital Management LLC boosted its position in Lattice Semiconductor by 3.4% during the fourth quarter. TimesSquare Capital Management LLC now owns 1,474,949 shares of the semiconductor company’s stock valued at $108,527,000 after acquiring an additional 49,001 shares during the last quarter. State of Wyoming acquired a new stake in Lattice Semiconductor during the 2nd quarter worth about $3,155,000. Stephens Investment Management Group LLC grew its holdings in Lattice Semiconductor by 10.1% during the 4th quarter. Stephens Investment Management Group LLC now owns 883,165 shares of the semiconductor company’s stock worth $64,983,000 after acquiring an additional 81,023 shares during the period. Finally, Thrivent Financial for Lutherans raised its position in shares of Lattice Semiconductor by 33.9% in the 4th quarter. Thrivent Financial for Lutherans now owns 282,253 shares of the semiconductor company’s stock worth $20,768,000 after acquiring an additional 71,401 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.
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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