William Blair Investment Management LLC acquired a new position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,393,692 shares of the semiconductor company’s stock, valued at approximately $102,185,000. William Blair Investment Management LLC owned about 1.02% of Lattice Semiconductor as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of the company. American Century Companies Inc. raised its holdings in Lattice Semiconductor by 95.8% in the 3rd quarter. American Century Companies Inc. now owns 1,338,372 shares of the semiconductor company’s stock valued at $98,129,000 after buying an additional 654,748 shares during the last quarter. Huntington National Bank lifted its holdings in shares of Lattice Semiconductor by 63.7% during the third quarter. Huntington National Bank now owns 1,508 shares of the semiconductor company’s stock worth $111,000 after purchasing an additional 587 shares during the period. Caitlin John LLC acquired a new stake in Lattice Semiconductor in the third quarter valued at $34,000. Handelsbanken Fonder AB increased its holdings in Lattice Semiconductor by 14.2% in the third quarter. Handelsbanken Fonder AB now owns 42,500 shares of the semiconductor company’s stock valued at $3,116,000 after purchasing an additional 5,300 shares during the period. Finally, Artisan Partners Limited Partnership lifted its holdings in Lattice Semiconductor by 3.6% during the 3rd quarter. Artisan Partners Limited Partnership now owns 4,872,084 shares of the semiconductor company’s stock worth $357,221,000 after buying an additional 169,790 shares during the period. 98.08% of the stock is currently owned by institutional investors.
Lattice Semiconductor Trading Down 1.7%
NASDAQ:LSCC opened at $95.62 on Friday. Lattice Semiconductor Corporation has a 12 month low of $34.69 and a 12 month high of $108.08. The stock has a market capitalization of $13.08 billion, a price-to-earnings ratio of 4,783.39, a PEG ratio of 3.50 and a beta of 1.70. The firm has a fifty day simple moving average of $86.12 and a two-hundred day simple moving average of $75.16.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on LSCC. Susquehanna raised their price objective on Lattice Semiconductor from $100.00 to $120.00 and gave the stock a “positive” rating in a research report on Wednesday, February 11th. Robert W. Baird set a $120.00 price target on shares of Lattice Semiconductor in a research report on Thursday, February 12th. Jefferies Financial Group upped their price objective on shares of Lattice Semiconductor from $85.00 to $135.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $90.00 price objective on shares of Lattice Semiconductor in a research report on Wednesday, February 4th. Finally, Benchmark boosted their target price on shares of Lattice Semiconductor from $82.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Lattice Semiconductor currently has a consensus rating of “Moderate Buy” and a consensus target price of $102.64.
View Our Latest Analysis on Lattice Semiconductor
Insider Transactions at Lattice Semiconductor
In other Lattice Semiconductor news, SVP Pravin Desale sold 839 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $78.09, for a total transaction of $65,517.51. Following the transaction, the senior vice president owned 104,208 shares in the company, valued at approximately $8,137,602.72. This represents a 0.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Mark Edwin Jensen sold 6,279 shares of Lattice Semiconductor stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $98.09, for a total transaction of $615,907.11. Following the transaction, the director owned 41,508 shares of the company’s stock, valued at $4,071,519.72. This represents a 13.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 29,623 shares of company stock worth $2,655,731 in the last three months. Insiders own 1.80% of the company’s stock.
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.
See Also
- Five stocks we like better than Lattice Semiconductor
- The gold chart Wall Street is terrified of…
- This makes me furious
- America’s 1776 happening again
- Buy this Gold Stock Before May 2026
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
Receive News & Ratings for Lattice Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lattice Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.
