Commerce Bank bought a new position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC – Free Report) in the second quarter, HoldingsChannel.com reports. The firm bought 4,567 shares of the semiconductor company’s stock, valued at approximately $699,000.
Other hedge funds also recently bought and sold shares of the company. Royal Bank of Canada grew its position 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 purchasing an additional 120,464 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Lattice Semiconductor by 59.5% during the 1st quarter. AQR Capital Management LLC now owns 8,799 shares of the semiconductor company’s stock worth $460,000 after purchasing an additional 3,283 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Lattice Semiconductor by 37.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 963,493 shares of the semiconductor company’s stock worth $50,535,000 after purchasing an additional 264,329 shares during the last quarter. Cetera Investment Advisers boosted its stake in Lattice Semiconductor by 28.8% during 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 period. Finally, Guggenheim Capital LLC grew its holdings 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 buying an additional 1,717 shares during the last quarter. 98.08% of the stock is currently owned by institutional investors.
Insider Transactions at Lattice Semiconductor
In related news, SVP Esam Elashmawi sold 15,742 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was 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 $20,945,953.40. This trade represents a 9.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 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, SVP Tracy Ann Feanny sold 2,740 shares of Lattice Semiconductor stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $151.84, for a total transaction of $416,041.60. Following the sale, the senior vice president owned 63,084 shares in the company, valued at $9,578,674.56. This represents a 4.16% decrease in their position. 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. Insiders sold 28,502 shares of company stock valued at $4,005,820 in the last ninety days. 0.62% of the stock is owned by company insiders.
Lattice Semiconductor Trading Up 2.8%
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.53 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 company had revenue of $201.08 million during the quarter, compared to the consensus estimate of $185.50 million. During the same quarter last year, the company earned $0.24 EPS. The company’s quarterly revenue was up 62.2% on a year-over-year basis. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. As a group, equities analysts forecast that Lattice Semiconductor Corporation will post 1.12 EPS for the current year.
Analysts Set New Price Targets
LSCC has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target on Lattice Semiconductor from $150.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Stifel Nicolaus raised their price objective on shares of Lattice Semiconductor from $130.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Lattice Semiconductor in a research report on Friday, July 17th. Rosenblatt Securities reiterated a “buy” rating and set a $175.00 target price on shares of Lattice Semiconductor in a research note on Tuesday, August 4th. Finally, Jefferies Financial Group increased their price target on shares of Lattice Semiconductor from $145.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Lattice Semiconductor currently has an average rating of “Buy” and a consensus target price of $147.46.
Check Out Our Latest Analysis on Lattice Semiconductor
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.
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