Lattice Semiconductor (NASDAQ:LSCC) Stock Rating Cut to “Buy” at Wall Street Zen

Wall Street Zen downgraded shares of Lattice Semiconductor (NASDAQ:LSCC) from a strong-buy rating to a buy rating in a report issued on Saturday,Wall Street Zen reports.

Several other analysts have also recently commented on the stock. Zacks Research cut shares of Lattice Semiconductor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 8th. KeyCorp raised 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. Jefferies Financial Group lifted their target price on Lattice Semiconductor from $145.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. TD Cowen lifted their target price on Lattice Semiconductor from $145.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Lattice Semiconductor in a research report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $147.46.

Lattice Semiconductor Trading Up 4.8%

Shares of LSCC opened at $128.05 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.02 and a quick ratio of 2.33. Lattice Semiconductor has a 1 year low of $60.50 and a 1 year high of $157.01. The company has a 50 day simple moving average of $121.25 and a two-hundred day simple moving average of $122.47. The firm has a market cap of $17.54 billion, a P/E ratio of 492.50, a price-to-earnings-growth ratio of 1.94 and a beta of 1.79.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.09. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The firm had revenue of $201.08 million for the quarter, compared to analysts’ expectations of $185.50 million. During the same quarter last year, the business posted $0.24 earnings per share. The company’s revenue for the quarter 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. On average, equities 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 news, SVP Pravin Desale sold 2,039 shares of the business’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $111.83, for a total value of $228,021.37. Following the sale, the senior vice president directly owned 73,456 shares in the company, valued at $8,214,584.48. The trade was a 2.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at 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, SVP Esam Elashmawi sold 15,742 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $134.77, for a total transaction of $2,121,549.34. Following the sale, the senior vice president owned 155,420 shares in the company, valued at $20,945,953.40. This represents a 9.20% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 19,661 shares of company stock worth $2,587,259 over the last 90 days. 0.62% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in Lattice Semiconductor during the second quarter valued at approximately $2,637,161,000. Geode Capital Management LLC boosted its holdings in shares of Lattice Semiconductor by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 3,457,389 shares of the semiconductor company’s stock worth $254,433,000 after purchasing an additional 84,812 shares during the period. William Blair Investment Management LLC purchased a new position in shares of Lattice Semiconductor in the 2nd quarter worth approximately $177,497,000. TimesSquare Capital Management LLC bought a new position in shares of Lattice Semiconductor during the 2nd quarter valued at approximately $173,633,000. Finally, Fiera Capital Corp increased its position in shares of Lattice Semiconductor by 32.5% during the 4th quarter. Fiera Capital Corp now owns 1,044,326 shares of the semiconductor company’s stock valued at $76,842,000 after purchasing an additional 256,430 shares during the last quarter. Hedge funds and other institutional investors own 98.08% of the company’s stock.

About Lattice Semiconductor

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.