Shares of Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report) traded up 12% on Wednesday . The company traded as high as $107.66 and last traded at $108.4210. 1,136,045 shares were traded during trading, a decline of 42% from the average session volume of 1,945,394 shares. The stock had previously closed at $96.84.
Wall Street Analysts Forecast Growth
A number of research analysts have recently weighed in on the company. Stifel Nicolaus lifted their price target on Lattice Semiconductor from $80.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday, February 11th. Susquehanna lifted their price target on Lattice Semiconductor from $100.00 to $120.00 and gave the company a “positive” rating in a report on Wednesday, February 11th. Royal Bank Of Canada lifted their price target on Lattice Semiconductor from $105.00 to $118.00 and gave the company an “outperform” rating in a report on Wednesday, February 11th. KeyCorp lifted their price target on Lattice Semiconductor from $95.00 to $125.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Finally, Robert W. Baird set a $120.00 price target on Lattice Semiconductor in a report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $102.64.
Read Our Latest Stock Report on Lattice Semiconductor
Lattice Semiconductor Stock Up 10.8%
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last released its quarterly earnings data on Tuesday, February 10th. The semiconductor company reported $0.32 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.32. The firm had revenue of $145.79 million during the quarter, compared to analysts’ expectations of $143.18 million. Lattice Semiconductor had a return on equity of 5.60% and a net margin of 0.59%.The business’s revenue for the quarter was up 24.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.15 earnings per share. Lattice Semiconductor has set its Q1 2026 guidance at 0.340-0.380 EPS. Equities analysts anticipate that Lattice Semiconductor Corporation will post 0.65 earnings per share for the current year.
Insider Activity
In related news, CAO Tonya Stevens sold 1,113 shares of Lattice Semiconductor stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $94.00, for a total transaction of $104,622.00. Following the completion of the sale, the chief accounting officer owned 62,302 shares of the company’s stock, valued at approximately $5,856,388. This trade represents a 1.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Pravin Desale sold 2,366 shares of Lattice Semiconductor stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $92.41, for a total value of $218,642.06. Following the sale, the senior vice president directly owned 80,826 shares of the company’s stock, valued at approximately $7,469,130.66. The trade was a 2.84% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 45,614 shares of company stock valued at $4,346,028. 1.80% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Lattice Semiconductor
Several institutional investors have recently bought and sold shares of LSCC. Invesco Ltd. raised its holdings in Lattice Semiconductor by 177.3% during the third quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company’s stock valued at $445,538,000 after buying an additional 3,885,482 shares in the last quarter. Capital Research Global Investors raised its holdings in Lattice Semiconductor by 66.4% during the third quarter. Capital Research Global Investors now owns 4,597,217 shares of the semiconductor company’s stock valued at $337,068,000 after buying an additional 1,834,440 shares in the last quarter. William Blair Investment Management LLC bought a new position in Lattice Semiconductor during the third quarter valued at about $102,185,000. Bank of America Corp DE raised its holdings in Lattice Semiconductor by 77.4% during the second quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company’s stock valued at $156,083,000 after buying an additional 1,390,109 shares in the last quarter. Finally, M&T Bank Corp bought a new position in Lattice Semiconductor during the fourth quarter valued at about $85,714,000. 98.08% of the stock is currently owned by institutional investors.
About Lattice Semiconductor
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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