Van ECK Associates Corp Cuts Stake in Lattice Semiconductor Corporation $LSCC

Van ECK Associates Corp lessened its stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) by 49.8% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 82,744 shares of the semiconductor company’s stock after selling 82,243 shares during the period. Van ECK Associates Corp owned 0.06% of Lattice Semiconductor worth $12,657,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. BlackRock Inc. purchased a new stake in Lattice Semiconductor during the 2nd quarter worth approximately $2,637,161,000. Invesco Ltd. lifted its position in shares of Lattice Semiconductor by 177.3% in the third quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company’s stock valued at $445,538,000 after acquiring an additional 3,885,482 shares in the last quarter. State Street Corp boosted its stake in shares of Lattice Semiconductor by 1.8% in the second quarter. State Street Corp now owns 4,852,380 shares of the semiconductor company’s stock worth $237,718,000 after acquiring an additional 85,973 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Lattice Semiconductor by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 3,457,389 shares of the semiconductor company’s stock worth $254,433,000 after acquiring an additional 84,812 shares during the last quarter. Finally, Bank of America Corp DE increased its position in shares of 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 worth $156,083,000 after purchasing an additional 1,390,109 shares in the last quarter. 98.08% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on LSCC. Needham & Company LLC raised their price objective on Lattice Semiconductor from $140.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Jefferies Financial Group upped their target price on shares of Lattice Semiconductor from $145.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Robert W. Baird increased their target price on shares of Lattice Semiconductor from $120.00 to $135.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Lattice Semiconductor from $150.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Finally, KeyCorp boosted 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. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $147.46.

Lattice Semiconductor Stock Performance

Shares of Lattice Semiconductor stock opened at $115.34 on Tuesday. The business’s 50 day moving average price is $129.78 and its 200 day moving average price is $120.18. The company has a market cap of $15.80 billion, a price-to-earnings ratio of 443.62, a PEG ratio of 1.74 and a beta of 1.81. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.33 and a current ratio of 3.02. Lattice Semiconductor Corporation has a one year low of $60.50 and a one year high of $157.01.

Lattice Semiconductor (NASDAQ:LSCC) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts’ expectations of $185.50 million. During the same period in the prior year, the business earned $0.24 EPS. The firm’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. On average, research analysts predict that Lattice Semiconductor Corporation will post 1.12 EPS for the current year.

Insider Activity

In related news, SVP Tracy Ann Feanny sold 2,740 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $151.84, for a total value of $416,041.60. Following the completion of the sale, the senior vice president owned 63,084 shares of the company’s stock, valued at approximately $9,578,674.56. This represents a 4.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James P. Lederer sold 6,101 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $153.94, for a total transaction of $939,187.94. Following the sale, the director owned 41,201 shares of the company’s stock, valued at approximately $6,342,481.94. The trade was a 12.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 28,502 shares of company stock worth $4,005,820. 0.62% of the stock is owned by insiders.

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.