Lattice Semiconductor (NASDAQ:LSCC) Shares Down 10.5% – Time to Sell?

Lattice Semiconductor Corporation (NASDAQ:LSCC) dropped 10.5% during trading on Thursday. The company traded as low as $96.99 and last traded at $96.4630. 387,209 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 1,946,930 shares. The stock had previously closed at $107.79.

Wall Street Analysts Forecast Growth

LSCC has been the subject of a number of research reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Lattice Semiconductor in a report on Thursday, October 15th. Royal Bank Of Canada boosted their target price 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. Jefferies Financial Group upped their price target on shares of Lattice Semiconductor from $145.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Zacks Research lowered shares of Lattice Semiconductor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 8th. Finally, KeyCorp raised their price target on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $144.77.

Lattice Semiconductor Trading Down 10.6%

The company has a quick ratio of 2.33, a current ratio of 3.02 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $13.21 billion, a P/E ratio of 370.77, a PEG ratio of 1.65 and a beta of 1.83. The firm has a 50 day moving average of $118.76 and a 200-day moving average of $126.36.

Lattice Semiconductor (NASDAQ:LSCC) 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 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 earnings per share. The firm’s quarterly revenue 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, equities research analysts predict that Lattice Semiconductor Corporation will post 1.10 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Tracy Feanny sold 1,880 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was 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 in the company, valued at approximately $7,613,741.03. This trade represents a 3.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Esam Elashmawi sold 15,742 shares of the business’s stock in a transaction dated 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 directly owned 155,420 shares of the company’s stock, valued at approximately $20,945,953.40. This trade represents a 9.20% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 19,661 shares of company stock worth $2,587,259. 0.62% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Lattice Semiconductor

Several institutional investors and hedge funds have recently bought and sold shares of the company. Reyes Financial Architecture Inc. acquired a new stake in Lattice Semiconductor during the third quarter worth about $37,000. Quadrant Capital Group LLC increased its holdings in Lattice Semiconductor by 2.3% in the 3rd quarter. Quadrant Capital Group LLC now owns 9,345 shares of the semiconductor company’s stock valued at $1,132,000 after buying an additional 214 shares during the period. Nisa Investment Advisors LLC raised its position in shares of Lattice Semiconductor by 3.2% in the 3rd quarter. Nisa Investment Advisors LLC now owns 6,717 shares of the semiconductor company’s stock valued at $844,000 after buying an additional 211 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of Lattice Semiconductor by 18.5% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,642 shares of the semiconductor company’s stock valued at $1,086,000 after buying an additional 1,348 shares in the last quarter. Finally, Assenagon Asset Management S.A. raised its position in shares of Lattice Semiconductor by 34.2% in the 3rd quarter. Assenagon Asset Management S.A. now owns 216,189 shares of the semiconductor company’s stock valued at $27,158,000 after buying an additional 55,151 shares in the last quarter. Institutional investors own 98.08% of the company’s stock.

Lattice Semiconductor Company Profile

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.