Benchmark Boosts Lattice Semiconductor (NASDAQ:LSCC) Price Target to $75.00

Key Points

• Benchmark raised Lattice Semiconductor's price target from $60.00 to $75.00, indicating a potential upside of 13.34% based on the stock's last closing price.
• Recent earnings results showed Lattice reported $0.24 EPS for the quarter, meeting analyst expectations and a slight decline in quarterly revenue.
• Insider activity includes significant stock sales, with Director Robin Ann Abrams selling 15,000 shares, reflecting a 12.24% decrease in ownership.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) had its price objective raised by Benchmark from $60.00 to $75.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a "buy" rating on the semiconductor company's stock. Benchmark's target price would indicate a potential upside of 13.34% from the stock's previous close.

A number of other research analysts also recently commented on the company. Loop Capital reduced their price target on Lattice Semiconductor from $75.00 to $65.00 and set a "buy" rating for the company in a report on Tuesday, August 5th. Rosenblatt Securities reissued a "buy" rating and issued a $72.00 price target on shares of Lattice Semiconductor in a report on Tuesday, August 5th. Finally, TD Cowen reduced their target price on Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating on the stock in a report on Tuesday, August 5th. Eleven analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $64.83.

Lattice Semiconductor Trading Up 0.1%

Lattice Semiconductor stock opened at $66.17 on Thursday. The firm has a market capitalization of $9.06 billion, a P/E ratio of 287.71, a PEG ratio of 4.86 and a beta of 1.62. The stock has a fifty day moving average price of $58.58 and a 200 day moving average price of $53.84. Lattice Semiconductor has a 52 week low of $34.69 and a 52 week high of $70.55.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last released its earnings results on Monday, August 4th. The semiconductor company reported $0.24 EPS for the quarter, meeting the consensus estimate of $0.24. Lattice Semiconductor had a return on equity of 6.61% and a net margin of 6.47%.The firm had revenue of $123.97 million during the quarter, compared to analyst estimates of $123.60 million. During the same period in the prior year, the firm posted $0.23 earnings per share. The business's quarterly revenue was down .1% compared to the same quarter last year. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. As a group, equities analysts predict that Lattice Semiconductor will post 0.65 EPS for the current year.

Insider Activity

In other news, Director Robin Ann Abrams sold 15,000 shares of the firm's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $64.98, for a total transaction of $974,700.00. Following the completion of the sale, the director directly owned 107,538 shares of the company's stock, valued at $6,987,819.24. This trade represents a 12.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Tonya Stevens sold 3,439 shares of the firm's stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $64.92, for a total value of $223,259.88. Following the sale, the chief accounting officer directly owned 87,776 shares of the company's stock, valued at approximately $5,698,417.92. This represents a 3.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 24,404 shares of company stock worth $1,594,632. 1.80% of the stock is owned by company insiders.

Institutional Trading of Lattice Semiconductor

Several hedge funds and other institutional investors have recently modified their holdings of the business. Osaic Holdings Inc. boosted its position in shares of Lattice Semiconductor by 5.2% in the second quarter. Osaic Holdings Inc. now owns 31,941 shares of the semiconductor company's stock worth $1,569,000 after buying an additional 1,577 shares during the period. Marex Group plc acquired a new stake in shares of Lattice Semiconductor in the second quarter worth $242,000. State of Wyoming purchased a new stake in shares of Lattice Semiconductor during the second quarter worth $51,000. Hudson Bay Capital Management LP purchased a new stake in shares of Lattice Semiconductor during the second quarter worth $810,000. Finally, Castleark Management LLC raised its holdings in shares of Lattice Semiconductor by 88.6% during the second quarter. Castleark Management LLC now owns 96,640 shares of the semiconductor company's stock worth $4,734,000 after acquiring an additional 45,400 shares in the last quarter. Institutional investors and hedge funds own 98.08% of the company's stock.

Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products.

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