Lattice Semiconductor (NASDAQ:LSCC) Shares Down 10.5% – Time to Sell?

Lattice Semiconductor Corporation (NASDAQ:LSCC) dropped 10.5% during mid-day trading on Thursday. The stock traded as low as $96.99 and last traded at $96.4630. Approximately 387,209 shares were traded during trading, a decline of 80% from the average daily volume of 1,946,930 shares. The stock had previously closed at $107.79.

Analyst Ratings Changes

A number of analysts have commented on LSCC shares. TD Cowen cut their price target on shares of Lattice Semiconductor from $165.00 to $130.00 and set a “buy” rating for the company in a research note on Monday. KeyCorp lifted their price objective on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Zacks Research lowered shares of Lattice Semiconductor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 8th. Benchmark began coverage on shares of Lattice Semiconductor in a report on Tuesday, August 25th. They issued a “buy” rating and a $160.00 target price on the stock. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Lattice Semiconductor in a research note on Thursday, October 15th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $144.77.

Lattice Semiconductor Price Performance

The company has a current ratio of 3.02, a quick ratio of 2.33 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $13.21 billion, a P/E ratio of 370.77, a P/E/G ratio of 1.65 and a beta of 1.83. The company has a 50 day moving average price of $118.76 and a 200 day moving average price of $126.36.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $185.50 million. During the same quarter in the prior year, the business earned $0.24 EPS. The firm’s revenue for the quarter was up 62.2% on a year-over-year basis. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. On average, equities analysts predict that Lattice Semiconductor Corporation will post 1.10 EPS for the current fiscal year.

Insider Transactions at Lattice Semiconductor

In related news, SVP Tracy Feanny sold 1,880 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $126.43, for a total value of $237,688.40. Following the transaction, the senior vice president owned 60,221 shares in the company, valued at approximately $7,613,741.03. This represents a 3.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Esam Elashmawi sold 15,742 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were 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 in the company, valued at approximately $20,945,953.40. This trade represents a 9.20% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. In the last 90 days, insiders sold 19,661 shares of company stock worth $2,587,259. 0.62% of the stock is owned by insiders.

Institutional Investors Weigh In On Lattice Semiconductor

Several hedge funds have recently bought and sold shares of LSCC. Reyes Financial Architecture Inc. acquired a new position in shares of Lattice Semiconductor in the third quarter valued at approximately $37,000. Quadrant Capital Group LLC increased its stake in shares of Lattice Semiconductor by 2.3% during the third quarter. Quadrant Capital Group LLC now owns 9,345 shares of the semiconductor company’s stock worth $1,132,000 after purchasing an additional 214 shares during the period. Nisa Investment Advisors LLC increased its stake in shares of Lattice Semiconductor by 3.2% during the third quarter. Nisa Investment Advisors LLC now owns 6,717 shares of the semiconductor company’s stock worth $844,000 after purchasing an additional 211 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of Lattice Semiconductor by 18.5% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,642 shares of the semiconductor company’s stock worth $1,086,000 after purchasing an additional 1,348 shares during the period. Finally, Assenagon Asset Management S.A. lifted its holdings in Lattice Semiconductor by 34.2% during the 3rd quarter. Assenagon Asset Management S.A. now owns 216,189 shares of the semiconductor company’s stock worth $27,158,000 after purchasing an additional 55,151 shares during the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.

About Lattice Semiconductor

Lattice Semiconductor Corporation (NASDAQ: LSCC) designs and develops low-power programmable semiconductor devices and related software. Its product portfolio includes field-programmable gate arrays (FPGAs), complex programmable logic devices, programmable system control solutions, and connectivity products that enable customers to configure and update electronic systems after manufacturing.

The company’s products are used in communications and networking equipment, industrial systems, automotive applications, data-center and computing hardware, consumer electronics, and aerospace and defense products.