Lattice Semiconductor (NASDAQ:LSCC) Stock Bumped Down to Buy by Wall Street Zen

Wall Street Zen lowered shares of Lattice Semiconductor (NASDAQ:LSCC) from a strong-buy rating to a buy rating in a report released on Sunday morning,Wall Street Zen reports.

A number of other research firms also recently commented on LSCC. Needham & Company LLC upped their price objective on Lattice Semiconductor from $140.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. KeyCorp raised their target price on Lattice Semiconductor from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Weiss Ratings restated a “hold (c-)” rating on shares of Lattice Semiconductor in a research report on Thursday. William Blair assumed coverage on Lattice Semiconductor in a research report on Tuesday, October 6th. They set an “outperform” rating for the company. Finally, Benchmark began coverage on Lattice Semiconductor in a research note on Tuesday, August 25th. They issued a “buy” rating and a $160.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $147.46.

Lattice Semiconductor Stock Performance

Shares of Lattice Semiconductor stock opened at $103.65 on Friday. The firm has a fifty day moving average of $119.95 and a two-hundred day moving average of $126.07. The stock has a market capitalization of $14.20 billion, a price-to-earnings ratio of 398.65, a PEG ratio of 1.59 and a beta of 1.83. Lattice Semiconductor has a 52 week low of $60.50 and a 52 week high of $157.01. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.33 and a current ratio of 3.02.

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 company had revenue of $201.08 million for the quarter, compared to the consensus estimate of $185.50 million. During the same quarter in the prior year, the business posted $0.24 EPS. The firm’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. As a group, equities research analysts predict that Lattice Semiconductor will post 1.10 EPS for the current year.

Insider Activity

In other news, SVP Esam Elashmawi sold 15,742 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $134.77, for a total value 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 $20,945,953.40. The trade was a 9.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 Pravin Desale sold 2,039 shares of the company’s stock in a transaction 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 completion of the sale, the senior vice president owned 73,456 shares of the company’s stock, valued at approximately $8,214,584.48. This represents a 2.70% 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. Insiders sold 19,661 shares of company stock valued at $2,587,259 in the last quarter. Company insiders own 0.62% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LSCC. Burkett Financial Services LLC acquired a new position in Lattice Semiconductor during the 3rd quarter worth approximately $38,000. Meeder Asset Management Inc. bought a new position in shares of Lattice Semiconductor during the 2nd quarter worth approximately $46,000. Danske Bank A S bought a new position in shares of Lattice Semiconductor during the 2nd quarter worth approximately $46,000. V Square Quantitative Management LLC raised its holdings in shares of Lattice Semiconductor by 38.6% in the first quarter. V Square Quantitative Management LLC now owns 513 shares of the semiconductor company’s stock valued at $48,000 after purchasing an additional 143 shares during the last quarter. Finally, Versant Capital Management Inc raised its holdings in shares of Lattice Semiconductor by 53.5% in the second quarter. Versant Capital Management Inc now owns 531 shares of the semiconductor company’s stock valued at $81,000 after purchasing an additional 185 shares during the last quarter. 98.08% of the stock is 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.