Lattice Semiconductor (NASDAQ:LSCC) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $124.34 and traded as high as $135.00. Lattice Semiconductor shares last traded at $132.85, with a volume of 2,260,545 shares trading hands.

Analysts Set New Price Targets

Several research firms have recently weighed in on LSCC. William Blair initiated coverage on Lattice Semiconductor in a research note on Tuesday. They issued an “outperform” rating for the company. Zacks Research lowered Lattice Semiconductor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 8th. Benchmark assumed coverage on shares of Lattice Semiconductor in a research note on Tuesday, August 25th. They set a “buy” rating and a $160.00 target price on the stock. Jefferies Financial Group raised their price target on shares of Lattice Semiconductor from $145.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, Needham & Company LLC boosted their price objective on shares of Lattice Semiconductor from $140.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $147.46.

Lattice Semiconductor Stock Down 2.6%

The company has a market capitalization of $17.95 billion, a PE ratio of 503.81, a P/E/G ratio of 2.02 and a beta of 1.83. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.02 and a quick ratio of 2.33. The company has a 50-day moving average of $121.20 and a two-hundred day moving average of $124.62.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%.The business had revenue of $201.08 million during the quarter, compared to analysts’ expectations of $185.50 million. During the same quarter in the prior year, the business posted $0.24 earnings per share. The business’s quarterly revenue was up 62.2% on a year-over-year basis. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Sell-side analysts anticipate that Lattice Semiconductor Corporation will post 1.12 earnings per share for the current fiscal year.

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,039 shares of Lattice Semiconductor stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $111.83, for a total transaction of $228,021.37. Following the transaction, the senior vice president owned 73,456 shares of the company’s stock, valued at $8,214,584.48. The trade was a 2.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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. Also, SVP Esam Elashmawi sold 15,742 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $134.77, for a total transaction of $2,121,549.34. Following the completion of the transaction, the senior vice president owned 155,420 shares of the company’s stock, valued at approximately $20,945,953.40. The trade was a 9.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 have sold 19,661 shares of company stock valued at $2,587,259 over the last 90 days. 0.62% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Lattice Semiconductor

A number of hedge funds have recently made changes to their positions in LSCC. BlackRock Inc. bought a new stake in Lattice Semiconductor during the 2nd quarter valued at approximately $2,637,161,000. William Blair Investment Management LLC purchased a new stake in Lattice Semiconductor during the 2nd quarter valued at approximately $177,497,000. TimesSquare Capital Management LLC purchased a new position in Lattice Semiconductor during the second quarter valued at $173,633,000. Bank of New York Mellon Corp purchased a new position in Lattice Semiconductor during the second quarter valued at $139,705,000. Finally, Wellington Management Group LLP increased its holdings in Lattice Semiconductor by 299.2% in the 2nd quarter. Wellington Management Group LLP now owns 685,935 shares of the semiconductor company’s stock valued at $104,921,000 after acquiring an additional 514,105 shares during the last quarter. Institutional investors own 98.08% of the company’s stock.

Lattice Semiconductor Company Profile

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.