Lattice Semiconductor (NASDAQ:LSCC) Trading 6.3% Higher – Here’s Why

Shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) shot up 6.3% during trading on Friday . The company traded as high as $80.11 and last traded at $80.5750. 477,225 shares were traded during trading, a decline of 81% from the average session volume of 2,514,526 shares. The stock had previously closed at $75.83.

Wall Street Analysts Forecast Growth

Several research firms recently commented on LSCC. Needham & Company LLC reaffirmed a “buy” rating and issued a $80.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, November 4th. Wall Street Zen raised Lattice Semiconductor from a “hold” rating to a “buy” rating in a report on Friday, November 28th. Jefferies Financial Group upgraded Lattice Semiconductor to a “strong-buy” rating in a research note on Tuesday, October 28th. Susquehanna increased their price objective on Lattice Semiconductor from $65.00 to $85.00 and gave the stock a “positive” rating in a report on Wednesday, October 22nd. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $80.00 target price on shares of Lattice Semiconductor in a report on Tuesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $77.58.

Lattice Semiconductor Price Performance

The company has a fifty day moving average price of $69.50 and a 200 day moving average price of $60.96. The company has a market cap of $10.98 billion, a PE ratio of 401.52, a price-to-earnings-growth ratio of 7.85 and a beta of 1.73.

Lattice Semiconductor (NASDAQ:LSCC) last announced its earnings results on Monday, November 3rd. The semiconductor company reported $0.28 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.28. Lattice Semiconductor had a net margin of 5.50% and a return on equity of 4.73%. The business had revenue of $133.35 million for the quarter, compared to the consensus estimate of $133.03 million. During the same period last year, the firm posted $0.24 earnings per share. Lattice Semiconductor’s quarterly revenue was up 4.9% on a year-over-year basis. Lattice Semiconductor has set its Q4 2025 guidance at 0.300-0.340 EPS. As a group, sell-side analysts predict that Lattice Semiconductor Corporation will post 0.65 EPS for the current fiscal year.

Insider Transactions at Lattice Semiconductor

In related news, SVP Pravin Desale sold 5,708 shares of the company’s stock in a transaction on Friday, November 28th. The shares were sold at an average price of $69.93, for a total value of $399,160.44. Following the completion of the transaction, the senior vice president directly owned 105,913 shares in the company, valued at approximately $7,406,496.09. The trade was a 5.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Tonya Stevens sold 2,593 shares of the stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $66.75, for a total value of $173,082.75. Following the completion of the transaction, the chief accounting officer directly owned 74,505 shares in the company, valued at approximately $4,973,208.75. This represents a 3.36% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 11,741 shares of company stock valued at $830,002. Insiders own 1.80% of the company’s stock.

Institutional Trading of Lattice Semiconductor

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Allworth Financial LP raised its stake in shares of Lattice Semiconductor by 45.2% during the third quarter. Allworth Financial LP now owns 501 shares of the semiconductor company’s stock worth $37,000 after acquiring an additional 156 shares in the last quarter. IFP Advisors Inc boosted its stake in shares of Lattice Semiconductor by 30.6% in the 3rd quarter. IFP Advisors Inc now owns 2,737 shares of the semiconductor company’s stock valued at $223,000 after purchasing an additional 641 shares in the last quarter. Swiss Life Asset Management Ltd bought a new position in shares of Lattice Semiconductor during the 3rd quarter valued at $455,000. JPMorgan Chase & Co. raised its position in Lattice Semiconductor by 43.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 999,218 shares of the semiconductor company’s stock worth $73,263,000 after purchasing an additional 301,266 shares during the period. Finally, CIBC Private Wealth Group LLC lifted its stake in Lattice Semiconductor by 15.9% in the third quarter. CIBC Private Wealth Group LLC now owns 1,836 shares of the semiconductor company’s stock worth $135,000 after purchasing an additional 252 shares during the last quarter. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products.