Wall Street Zen cut shares of Lattice Semiconductor (NASDAQ:LSCC – Free Report) from a buy rating to a hold rating in a report published on Friday morning.
A number of other analysts also recently commented on the company. Needham & Company LLC upped their target price on Lattice Semiconductor from $70.00 to $80.00 and gave the stock a “buy” rating in a research note on Monday, September 22nd. Loop Capital lowered their target price on Lattice Semiconductor from $75.00 to $65.00 and set a “buy” rating on the stock in a research note on Tuesday, August 5th. Benchmark upped their target price on Lattice Semiconductor from $60.00 to $75.00 and gave the stock a “buy” rating in a research note on Thursday, September 11th. Rosenblatt Securities restated a “buy” rating and issued a $72.00 target price on shares of Lattice Semiconductor in a research note on Tuesday, August 5th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Lattice Semiconductor in a research note on Saturday, September 27th. Eleven research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $66.92.
Check Out Our Latest Analysis on Lattice Semiconductor
Lattice Semiconductor Stock Performance
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last issued its earnings results on Monday, August 4th. The semiconductor company reported $0.24 EPS for the quarter, hitting analysts’ consensus estimates of $0.24. Lattice Semiconductor had a return on equity of 6.61% and a net margin of 6.47%.The firm had revenue of $123.97 million for the quarter, compared to the consensus estimate of $123.60 million. During the same quarter in the prior year, the business earned $0.23 earnings per share. The company’s revenue was down .1% compared to the same quarter last year. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. As a group, analysts predict that Lattice Semiconductor will post 0.65 EPS for the current fiscal year.
Insider Buying and Selling
In related news, Director Robin Ann Abrams sold 15,000 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $64.98, for a total value of $974,700.00. Following the completion of the transaction, the director owned 107,538 shares of the company’s stock, valued at approximately $6,987,819.24. This represents a 12.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Tracy Ann Feanny sold 5,965 shares of the company’s stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $66.50, for a total value of $396,672.50. Following the completion of the transaction, the senior vice president directly owned 79,480 shares of the company’s stock, valued at $5,285,420. The trade was a 6.98% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 27,844 shares of company stock valued at $1,852,392. 1.80% of the stock is owned by company insiders.
Hedge Funds Weigh In On Lattice Semiconductor
Hedge funds have recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of Lattice Semiconductor by 8.7% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,794 shares of the semiconductor company’s stock valued at $514,000 after acquiring an additional 787 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of Lattice Semiconductor by 326.8% during the first quarter. SG Americas Securities LLC now owns 7,824 shares of the semiconductor company’s stock valued at $410,000 after acquiring an additional 5,991 shares during the last quarter. Robeco Institutional Asset Management B.V. acquired a new position in shares of Lattice Semiconductor during the first quarter valued at approximately $566,000. Teacher Retirement System of Texas acquired a new position in shares of Lattice Semiconductor during the first quarter valued at approximately $1,058,000. Finally, GAMMA Investing LLC raised its holdings in shares of Lattice Semiconductor by 53.0% during the first quarter. GAMMA Investing LLC now owns 4,166 shares of the semiconductor company’s stock valued at $219,000 after acquiring an additional 1,443 shares during the last quarter. Institutional investors and hedge funds own 98.08% of the company’s stock.
About Lattice Semiconductor
Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products.
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