Oppenheimer Asset Management Inc. Takes $1.48 Million Position in Lattice Semiconductor Corporation $LSCC

Oppenheimer Asset Management Inc. bought a new stake in Lattice Semiconductor Corporation (NASDAQ:LSCCFree Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 9,691 shares of the semiconductor company’s stock, valued at approximately $1,482,000.

A number of other hedge funds have also recently added to or reduced their stakes in LSCC. Royal Bank of Canada boosted its holdings in shares of Lattice Semiconductor by 213.3% in the first quarter. Royal Bank of Canada now owns 176,938 shares of the semiconductor company’s stock valued at $9,280,000 after acquiring an additional 120,464 shares during the period. AQR Capital Management LLC grew its position in shares of Lattice Semiconductor by 59.5% during the first quarter. AQR Capital Management LLC now owns 8,799 shares of the semiconductor company’s stock worth $460,000 after acquiring an additional 3,283 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Lattice Semiconductor by 37.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 963,493 shares of the semiconductor company’s stock valued at $50,535,000 after acquiring an additional 264,329 shares during the period. Cetera Investment Advisers raised its position in Lattice Semiconductor by 28.8% in the 2nd quarter. Cetera Investment Advisers now owns 6,432 shares of the semiconductor company’s stock valued at $315,000 after purchasing an additional 1,440 shares during the last quarter. Finally, Guggenheim Capital LLC raised its position in Lattice Semiconductor by 9.5% in the 2nd quarter. Guggenheim Capital LLC now owns 19,746 shares of the semiconductor company’s stock valued at $967,000 after purchasing an additional 1,717 shares during the last quarter. Hedge funds and other institutional investors own 98.08% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on LSCC shares. Jefferies Financial Group increased their price target on shares of Lattice Semiconductor from $145.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada upped their target price on shares of Lattice Semiconductor from $140.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Lattice Semiconductor in a report on Friday, July 17th. KeyCorp increased their target price on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Finally, Zacks Research raised Lattice Semiconductor from a “hold” rating to a “strong-buy” rating in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $144.38.

View Our Latest Stock Analysis on LSCC

Lattice Semiconductor Price Performance

Shares of NASDAQ LSCC opened at $130.46 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.02 and a quick ratio of 2.33. The stock has a fifty day moving average price of $135.49 and a 200 day moving average price of $117.48. Lattice Semiconductor Corporation has a 1-year low of $59.37 and a 1-year high of $157.01. The company has a market cap of $17.87 billion, a PE ratio of 501.77, a P/E/G ratio of 1.98 and a beta of 1.81.

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) last posted its quarterly earnings data 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. The firm had revenue of $201.08 million for the quarter, compared to analyst estimates of $185.50 million. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. Lattice Semiconductor’s quarterly revenue was up 62.2% on a year-over-year basis. During the same period last year, the firm posted $0.24 EPS. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Sell-side analysts forecast that Lattice Semiconductor Corporation will post 1.12 EPS for the current year.

Insider Buying and Selling at Lattice Semiconductor

In other news, Director James P. Lederer sold 6,101 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $153.94, for a total value of $939,187.94. Following the completion of the sale, the director directly owned 41,201 shares of the company’s stock, valued at $6,342,481.94. This trade represents a 12.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Pravin Desale sold 2,039 shares of Lattice Semiconductor stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $142.89, for a total value of $291,352.71. Following the completion of the sale, the senior vice president owned 73,519 shares in the company, valued at approximately $10,505,129.91. This trade represents a 2.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 have sold 10,880 shares of company stock valued at $1,646,582. 0.62% of the stock is owned by corporate insiders.

About Lattice Semiconductor

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Lattice Semiconductor (NASDAQ:LSCC)

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