Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report) traded up 12% during mid-day trading on Wednesday . The stock traded as high as $107.66 and last traded at $108.4210. 1,136,045 shares were traded during trading, a decline of 42% from the average session volume of 1,945,394 shares. The stock had previously closed at $96.84.
Wall Street Analyst Weigh In
Several analysts have issued reports on the company. KeyCorp upped their price objective on Lattice Semiconductor from $95.00 to $125.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $90.00 price objective on shares of Lattice Semiconductor in a research note on Wednesday, February 4th. Robert W. Baird set a $120.00 price objective on Lattice Semiconductor in a research note on Thursday, February 12th. Benchmark upped their price objective on Lattice Semiconductor from $82.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Finally, Jefferies Financial Group upped their price objective on Lattice Semiconductor from $85.00 to $135.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $102.64.
Read Our Latest Stock Analysis on Lattice Semiconductor
Lattice Semiconductor Stock Performance
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last announced its earnings results on Tuesday, February 10th. The semiconductor company reported $0.32 earnings per share for the quarter, meeting the consensus estimate of $0.32. The firm had revenue of $145.79 million for the quarter, compared to the consensus estimate of $143.18 million. Lattice Semiconductor had a return on equity of 5.60% and a net margin of 0.59%.The firm’s revenue for the quarter was up 24.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.15 EPS. Lattice Semiconductor has set its Q1 2026 guidance at 0.340-0.380 EPS. As a group, equities research analysts predict that Lattice Semiconductor Corporation will post 0.65 EPS for the current year.
Insider Activity
In related news, SVP Erhaan Shaikh sold 1,577 shares of Lattice Semiconductor stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $93.33, for a total value of $147,181.41. Following the transaction, the senior vice president directly owned 82,617 shares in the company, valued at $7,710,644.61. The trade was a 1.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Ford Tamer sold 3,544 shares of Lattice Semiconductor stock in a transaction on Monday, March 9th. The stock was sold at an average price of $90.63, for a total value of $321,192.72. Following the completion of the transaction, the chief executive officer owned 281,883 shares in the company, valued at $25,547,056.29. The trade was a 1.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 45,614 shares of company stock worth $4,346,028 over the last ninety days. 1.80% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Lattice Semiconductor
Hedge funds have recently modified their holdings of the stock. iSAM Funds UK Ltd acquired a new position in shares of Lattice Semiconductor in the 3rd quarter worth $25,000. V Square Quantitative Management LLC purchased a new position in shares of Lattice Semiconductor during the fourth quarter valued at $27,000. Smartleaf Asset Management LLC grew its holdings in shares of Lattice Semiconductor by 462.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 394 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 324 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in shares of Lattice Semiconductor during the third quarter valued at $31,000. Finally, Caitlin John LLC purchased a new position in shares of Lattice Semiconductor during the third quarter valued at $34,000. 98.08% of the stock is currently owned by institutional investors and hedge funds.
Lattice Semiconductor Company Profile
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.
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