Needham & Company LLC reaffirmed their buy rating on shares of Lattice Semiconductor (NASDAQ:LSCC – Free Report) in a research note released on Tuesday,Benzinga reports. Needham & Company LLC currently has a $80.00 price target on the semiconductor company’s stock.
Several other brokerages have also recently weighed in on LSCC. Deutsche Bank Aktiengesellschaft set a $80.00 price objective on Lattice Semiconductor and gave the company a “buy” rating in a report on Tuesday, October 28th. Raymond James Financial reaffirmed an “outperform” rating and set a $80.00 price target on shares of Lattice Semiconductor in a research report on Tuesday. TD Cowen decreased their price objective on shares of Lattice Semiconductor from $62.00 to $57.00 and set a “buy” rating for the company in a research report on Tuesday, August 5th. Wall Street Zen lowered shares of Lattice Semiconductor from a “buy” rating to a “hold” rating in a research note on Saturday, November 1st. Finally, KeyCorp upped their target price on shares of Lattice Semiconductor from $70.00 to $85.00 and gave the company an “overweight” rating in a report on Tuesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $77.58.
Read Our Latest Report on LSCC
Lattice Semiconductor Stock Performance
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last issued its quarterly earnings data on Monday, November 3rd. The semiconductor company reported $0.28 EPS for the quarter, hitting analysts’ consensus estimates of $0.28. The business had revenue of $133.35 million for the quarter, compared to analyst estimates of $133.03 million. Lattice Semiconductor had a net margin of 6.47% and a return on equity of 6.61%. The firm’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period last year, the business posted $0.24 earnings per share. Lattice Semiconductor has set its Q4 2025 guidance at 0.300-0.340 EPS. On average, sell-side analysts anticipate that Lattice Semiconductor will post 0.65 earnings per share for the current fiscal year.
Insider Buying and Selling at Lattice Semiconductor
In other news, SVP Tracy Ann Feanny sold 5,965 shares of Lattice Semiconductor stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $66.50, for a total value of $396,672.50. Following the transaction, the senior vice president owned 79,480 shares in the company, valued at approximately $5,285,420. This trade represents a 6.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robin Ann Abrams sold 15,000 shares of the company’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $64.98, for a total value of $974,700.00. Following the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 27,844 shares of company stock worth $1,852,392 over the last three months. Corporate insiders own 1.19% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Cookson Peirce & Co. Inc. acquired a new stake in shares of Lattice Semiconductor in the 3rd quarter valued at approximately $733,000. Peregrine Investment Management Inc. lifted its stake in Lattice Semiconductor by 0.7% in the 3rd quarter. Peregrine Investment Management Inc. now owns 128,220 shares of the semiconductor company’s stock valued at $9,401,000 after purchasing an additional 890 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new stake in Lattice Semiconductor in the third quarter valued at approximately $192,000. Assetmark Inc. grew its stake in shares of Lattice Semiconductor by 3.4% during the third quarter. Assetmark Inc. now owns 30,988 shares of the semiconductor company’s stock worth $2,272,000 after buying an additional 1,033 shares during the last quarter. Finally, Profund Advisors LLC increased its holdings in shares of Lattice Semiconductor by 4.8% during the third quarter. Profund Advisors LLC now owns 9,906 shares of the semiconductor company’s stock worth $726,000 after buying an additional 455 shares in the last quarter. Institutional investors and hedge funds own 98.08% of the company’s stock.
Lattice Semiconductor Company Profile
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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