Lattice Semiconductor (NASDAQ:LSCC) Shares Down 8.5% – Here’s What Happened

Lattice Semiconductor Corporation (NASDAQ:LSCC)’s stock price fell 8.5% during trading on Thursday. The stock traded as low as $104.27 and last traded at $105.2320. Approximately 624,996 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 1,940,505 shares. The stock had previously closed at $115.00.

Analyst Upgrades and Downgrades

LSCC has been the subject of several analyst reports. Zacks Research lowered shares of Lattice Semiconductor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 8th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Lattice Semiconductor in a report on Friday, July 17th. Benchmark began coverage on Lattice Semiconductor in a research report on Tuesday, August 25th. They set a “buy” rating and a $160.00 target price for the company. William Blair began coverage on Lattice Semiconductor in a research note on Tuesday, October 6th. They issued an “outperform” rating for the company. Finally, Jefferies Financial Group boosted their target price on shares of Lattice Semiconductor from $145.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $147.46.

Lattice Semiconductor Stock Down 7.4%

The firm has a market cap of $14.60 billion, a P/E ratio of 410.49, a P/E/G ratio of 1.86 and a beta of 1.83. The business has a 50-day moving average price of $120.91 and a 200-day moving average price of $125.83. The company has a current ratio of 3.02, a quick ratio of 2.33 and a debt-to-equity ratio of 0.04.

Lattice Semiconductor (NASDAQ:LSCC) last posted its earnings results 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. The company had revenue of $201.08 million for the quarter, compared to analyst estimates of $185.50 million. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%. The firm’s quarterly revenue was up 62.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.24 earnings per share. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. On average, equities analysts forecast that Lattice Semiconductor Corporation will post 1.10 EPS for the current fiscal year.

Insider Activity

In related news, SVP Tracy Feanny sold 1,880 shares of the company’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 value of $237,688.40. Following the transaction, the senior vice president directly owned 60,221 shares in the company, valued at approximately $7,613,741.03. This represents a 3.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Esam Elashmawi sold 15,742 shares of the business’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 completion of the sale, the senior vice president owned 155,420 shares in the company, valued at approximately $20,945,953.40. This trade represents a 9.20% 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. Insiders sold 19,661 shares of company stock worth $2,587,259 over the last three months. Insiders own 0.62% of the company’s stock.

Institutional Investors Weigh In On Lattice Semiconductor

Large investors have recently bought and sold shares of the stock. Burkett Financial Services LLC purchased a new stake in shares of Lattice Semiconductor in the 3rd quarter worth about $38,000. Meeder Asset Management Inc. acquired a new position in shares of Lattice Semiconductor in the second quarter worth $46,000. Danske Bank A S purchased a new stake in Lattice Semiconductor during the 2nd quarter worth about $46,000. V Square Quantitative Management LLC lifted its holdings in Lattice Semiconductor by 38.6% in the 1st quarter. V Square Quantitative Management LLC now owns 513 shares of the semiconductor company’s stock valued at $48,000 after purchasing an additional 143 shares in the last quarter. Finally, Versant Capital Management Inc grew its holdings in shares of Lattice Semiconductor by 53.5% during the second quarter. Versant Capital Management Inc now owns 531 shares of the semiconductor company’s stock worth $81,000 after buying an additional 185 shares in the last quarter. Hedge funds and other institutional investors own 98.08% of the company’s stock.

About Lattice Semiconductor

Lattice Semiconductor Corporation (NASDAQ: LSCC) is a fabless semiconductor company that develops low-power, programmable logic devices and related software. Its product portfolio includes field-programmable gate arrays (FPGAs), complex programmable logic devices, programmable system-on-chip solutions, development boards, design tools and intellectual property.

The company’s products are designed to provide flexible, power-efficient processing, control and connectivity for applications such as industrial equipment, communications infrastructure, automotive systems, consumer electronics, computing and aerospace and defense.