Lattice Semiconductor (NASDAQ:LSCC) Shares Down 8.6% – What’s Next?

Lattice Semiconductor Corporation (NASDAQ:LSCC)’s stock price fell 8.6% during mid-day trading on Monday . The stock traded as low as $110.07 and last traded at $109.4950. 219,370 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 1,949,520 shares. The stock had previously closed at $119.76.

Analyst Upgrades and Downgrades

LSCC has been the topic of a number of research reports. Rosenblatt Securities restated a “buy” rating and set a $175.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, August 4th. Jefferies Financial Group upped their price objective on Lattice Semiconductor from $145.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Royal Bank Of Canada increased their price objective on Lattice Semiconductor from $140.00 to $165.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. KeyCorp increased their price objective on Lattice Semiconductor from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Finally, Wall Street Zen cut Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 29th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Lattice Semiconductor has a consensus rating of “Moderate Buy” and a consensus price target of $147.46.

Lattice Semiconductor Stock Performance

The company has a current ratio of 3.02, a quick ratio of 2.33 and a debt-to-equity ratio of 0.04. The company’s fifty day moving average is $123.63 and its 200 day moving average is $121.34. The company has a market cap of $14.59 billion, a P/E ratio of 409.58, a price-to-earnings-growth ratio of 1.62 and a beta of 1.79.

Lattice Semiconductor (NASDAQ:LSCC) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The company had revenue of $201.08 million for the quarter, compared to analysts’ expectations of $185.50 million. During the same quarter last year, the company earned $0.24 EPS. The firm’s revenue was up 62.2% compared to the same quarter last year. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. As a group, equities analysts predict that Lattice Semiconductor Corporation will post 1.12 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Tracy Feanny sold 1,880 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $126.43, for a total transaction of $237,688.40. Following the transaction, the senior vice president directly owned 60,221 shares in the company, valued at $7,613,741.03. This trade represents a 3.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Pravin Desale sold 2,039 shares of Lattice Semiconductor stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $111.83, for a total value of $228,021.37. Following the completion of the transaction, the senior vice president directly owned 73,456 shares in the company, valued at $8,214,584.48. This trade represents a 2.70% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 19,661 shares of company stock valued at $2,587,259. Insiders own 0.62% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in Lattice Semiconductor during the 2nd quarter valued at $2,637,161,000. Geode Capital Management LLC raised its stake in shares of Lattice Semiconductor by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 3,457,389 shares of the semiconductor company’s stock valued at $254,433,000 after acquiring an additional 84,812 shares during the last quarter. William Blair Investment Management LLC raised its stake in shares of Lattice Semiconductor by 52.5% during the fourth quarter. William Blair Investment Management LLC now owns 2,125,260 shares of the semiconductor company’s stock valued at $156,377,000 after acquiring an additional 731,568 shares during the last quarter. TimesSquare Capital Management LLC boosted its holdings in shares of 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 worth $108,527,000 after purchasing an additional 49,001 shares during the period. Finally, Fiera Capital Corp grew its stake in shares of Lattice Semiconductor by 32.5% in the fourth quarter. Fiera Capital Corp now owns 1,044,326 shares of the semiconductor company’s stock worth $76,842,000 after purchasing an additional 256,430 shares during the last quarter. 98.08% of the stock is owned by hedge funds and other institutional investors.

Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation develops and supplies low-power, field-programmable gate arrays (FPGAs) and related semiconductor solutions. Its products allow customers to configure hardware for specific applications after manufacturing, providing flexibility for industrial, communications, automotive, consumer electronics and computing systems.

The company’s portfolio includes small and mid-range FPGAs, system-on-chip devices, programmable logic products, development software, evaluation boards and design tools.