Wasatch Advisors LP Invests $8.44 Million in Lattice Semiconductor Corporation $LSCC

Wasatch Advisors LP purchased a new position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 55,195 shares of the semiconductor company’s stock, valued at approximately $8,443,000.

Other hedge funds also recently added to or reduced their stakes in the company. Mendota Financial Group LLC bought a new stake in Lattice Semiconductor in the second quarter worth about $229,000. Everhart Financial Group Inc. bought a new position in shares of Lattice Semiconductor during the second quarter valued at approximately $271,000. Trust Point Inc. bought a new position in shares of Lattice Semiconductor during the second quarter valued at approximately $225,000. Assenagon Asset Management S.A. purchased a new stake in shares of Lattice Semiconductor in the second quarter worth approximately $24,632,000. Finally, GAMMA Investing LLC lifted its stake in shares of Lattice Semiconductor by 16.1% during the 2nd quarter. GAMMA Investing LLC now owns 4,078 shares of the semiconductor company’s stock worth $624,000 after acquiring an additional 566 shares during the last quarter. 98.08% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

LSCC has been the subject of a number of recent analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of Lattice Semiconductor in a report on Friday, July 17th. Wall Street Zen upgraded Lattice Semiconductor from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 8th. Jefferies Financial Group boosted their target price on shares of Lattice Semiconductor from $145.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada upped their price target 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. Finally, Stifel Nicolaus raised their price target on shares of Lattice Semiconductor from $130.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Lattice Semiconductor currently has an average rating of “Buy” and an average target price of $144.38.

Lattice Semiconductor Stock Performance

Shares of LSCC stock opened at $129.27 on Thursday. Lattice Semiconductor Corporation has a 12-month low of $59.37 and a 12-month high of $157.01. The company has a market capitalization of $17.71 billion, a P/E ratio of 497.19, a P/E/G ratio of 1.91 and a beta of 1.81. 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 business’s 50 day moving average is $136.07 and its two-hundred day moving average is $116.83.

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

Insiders Place Their Bets

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,039 shares of Lattice Semiconductor stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $142.89, for a total transaction of $291,352.71. Following the completion of 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 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 $9,578,674.56. This represents a 4.16% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 10,880 shares of company stock worth $1,646,582 over the last ninety days. Corporate insiders own 0.62% of the company’s stock.

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.