Wall Street Zen downgraded shares of Lattice Semiconductor (NASDAQ:LSCC – Free Report) from a strong-buy rating to a buy rating in a report released on Saturday morning,Wall Street Zen reports.
Several other analysts have also recently issued reports on the company. Needham & Company LLC increased their target price on Lattice Semiconductor from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft boosted their price target on Lattice Semiconductor from $150.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. Benchmark began coverage on shares of Lattice Semiconductor in a report on Tuesday, August 25th. They set a “buy” rating and a $160.00 price objective for the company. KeyCorp increased their price objective on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Finally, Royal Bank Of Canada lifted their price objective on shares of Lattice Semiconductor from $140.00 to $165.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $147.46.
Get Our Latest Stock Report on LSCC
Lattice Semiconductor Stock Up 0.8%
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share (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 analyst estimates of $185.50 million. During the same quarter in the prior year, the business posted $0.24 EPS. Lattice Semiconductor’s revenue for the quarter was up 62.2% compared to the same quarter last year. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. On average, sell-side analysts forecast that Lattice Semiconductor will post 1.12 earnings per share for the current fiscal year.
Insider Transactions at Lattice Semiconductor
In other Lattice Semiconductor news, SVP Esam Elashmawi sold 15,742 shares of the firm’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 in the company, valued at $20,945,953.40. This trade represents a 9.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 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 Tracy Ann Feanny sold 1,880 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at $7,613,741.03. This represents a 3.03% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 28,502 shares of company stock valued at $4,005,820. 0.62% of the stock is owned by company insiders.
Institutional Trading of Lattice Semiconductor
Hedge funds have recently modified their holdings of the company. Danske Bank A S purchased a new position in shares of Lattice Semiconductor in the second quarter valued at $46,000. Meeder Asset Management Inc. purchased a new stake in Lattice Semiconductor during the second quarter valued at $46,000. iSAM Funds UK Ltd bought a new position in Lattice Semiconductor during the third quarter valued at $25,000. Smartleaf Asset Management LLC lifted its position in 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 purchasing an additional 324 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC bought a new position in Lattice Semiconductor during the third quarter valued at $31,000. 98.08% of the stock is owned by hedge funds and other institutional investors.
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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