Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report)’s share price was up 6.6% on Wednesday . The company traded as high as $132.88 and last traded at $132.3910. Approximately 409,918 shares traded hands during trading, a decline of 80% from the average daily volume of 2,055,480 shares. The stock had previously closed at $124.24.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on LSCC shares. Susquehanna increased their price target on Lattice Semiconductor from $100.00 to $120.00 and gave the stock a “positive” rating in a report on Wednesday, February 11th. Needham & Company LLC increased their price target on Lattice Semiconductor from $110.00 to $140.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Zacks Research upgraded Lattice Semiconductor from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Jefferies Financial Group increased their price target on Lattice Semiconductor from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Finally, Robert W. Baird increased their price objective on shares of Lattice Semiconductor from $120.00 to $135.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $130.86.
Check Out Our Latest Report on LSCC
Lattice Semiconductor Trading Up 0.4%
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last released its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.05. The company had revenue of $170.90 million for the quarter, compared to analysts’ expectations of $164.93 million. Lattice Semiconductor had a net margin of 3.46% and a return on equity of 8.48%. The business’s revenue was up 42.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.22 EPS. Lattice Semiconductor has set its Q2 2026 guidance at 0.420-0.460 EPS. On average, research analysts anticipate that Lattice Semiconductor Corporation will post 1.01 earnings per share for the current fiscal year.
Insider Activity at Lattice Semiconductor
In related news, CAO Tonya Stevens sold 3,230 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $95.38, for a total value of $308,077.40. Following the transaction, the chief accounting officer owned 62,302 shares of the company’s stock, valued at approximately $5,942,364.76. This trade represents a 4.93% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Pravin Desale sold 2,366 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $92.41, for a total transaction of $218,642.06. Following the completion of the transaction, the senior vice president directly owned 80,826 shares in the company, valued at approximately $7,469,130.66. The trade was a 2.84% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 29,995 shares of company stock worth $2,886,140. 0.62% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Lattice Semiconductor
Large investors have recently added to or reduced their stakes in the business. iSAM Funds UK Ltd bought a new position in Lattice Semiconductor in the 3rd quarter valued at about $25,000. V Square Quantitative Management LLC bought a new position in Lattice Semiconductor in the 4th quarter valued at about $27,000. Smartleaf Asset Management LLC lifted its position in Lattice Semiconductor by 462.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 394 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 324 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new position in Lattice Semiconductor in the 3rd quarter valued at about $31,000. Finally, Caitlin John LLC bought a new position in Lattice Semiconductor in the 3rd quarter valued at about $34,000. Institutional investors own 98.08% of the company’s stock.
About Lattice Semiconductor
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.
Further Reading
- Five stocks we like better than Lattice Semiconductor
- Biogen Stock Slides After Trial Miss, But Analysts Stay Bullish
- Intuit’s Great SaaS Reset: Fired By AI
- Meta Platforms 10% Layoff Raises a Bigger Question About AI Spending
- As Small-Cap Outperformance Continues, These 2 ETFs Provide Exposure
Receive News & Ratings for Lattice Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lattice Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.
