Fairvoy Private Wealth LLC purchased a new stake in Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 8,417 shares of the semiconductor company’s stock, valued at approximately $781,000.
Several other institutional investors have also made changes to their positions in LSCC. Arta Finance Wealth Management LLC acquired a new stake in Lattice Semiconductor during the first quarter worth approximately $219,000. Fifth Third Wealth Advisors LLC increased its stake in Lattice Semiconductor by 4.6% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 4,377 shares of the semiconductor company’s stock worth $406,000 after acquiring an additional 191 shares during the period. Corient Private Wealth LLC acquired a new position in Lattice Semiconductor in the 4th quarter valued at $231,000. MidFirst Bank acquired a new position in Lattice Semiconductor in the 4th quarter valued at $297,000. Finally, Mercer Global Advisors Inc. ADV lifted its position in shares of Lattice Semiconductor by 4.4% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,330 shares of the semiconductor company’s stock valued at $539,000 after acquiring an additional 310 shares during the period. 98.08% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
LSCC has been the topic of several analyst reports. Wall Street Zen lowered Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 6th. Royal Bank Of Canada upped their price objective on shares of Lattice Semiconductor from $118.00 to $140.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. TD Cowen upped their price objective on shares of Lattice Semiconductor from $125.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Jefferies Financial Group increased their price objective on shares of Lattice Semiconductor from $135.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Finally, Needham & Company LLC raised their target price on shares of Lattice Semiconductor from $110.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Lattice Semiconductor presently has a consensus rating of “Buy” and an average target price of $130.86.
Lattice Semiconductor Stock Performance
Shares of LSCC stock opened at $144.20 on Friday. The stock’s fifty day moving average price is $133.82 and its two-hundred day moving average price is $104.19. The company has a market cap of $19.76 billion, a PE ratio of 1,030.07, a P/E/G ratio of 3.58 and a beta of 1.79. Lattice Semiconductor Corporation has a fifty-two week low of $46.43 and a fifty-two week high of $157.01.
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.05. Lattice Semiconductor had a return on equity of 8.48% and a net margin of 3.46%.The company had revenue of $170.90 million for the quarter, compared to analyst estimates of $164.93 million. During the same quarter last year, the company posted $0.22 EPS. The company’s revenue for the quarter was up 42.2% compared to the same quarter last year. Lattice Semiconductor has set its Q2 2026 guidance at 0.420-0.460 EPS. On average, equities analysts predict that Lattice Semiconductor Corporation will post 1.01 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, SVP Pravin Desale sold 2,039 shares of the stock in a transaction dated 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 transaction, the senior vice president owned 73,519 shares of the company’s stock, valued at approximately $10,505,129.91. This represents a 2.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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, Director James P. Lederer sold 6,101 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $153.94, for a total transaction of $939,187.94. Following the completion of the sale, the director owned 41,201 shares in the company, valued at approximately $6,342,481.94. The trade was a 12.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 14,080 shares of company stock worth $2,045,078. Insiders own 0.62% of the company’s stock.
Lattice Semiconductor Profile
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.
Featured Stories
- Five stocks we like better than Lattice Semiconductor
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Want to see what other hedge funds are holding LSCC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report).
Receive News & Ratings for Lattice Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lattice Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.
