11,300 Lattice Semiconductor Corporation $LSCC Shares Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

Key Points

• Virginia Retirement Systems increased its Lattice Semiconductor stake by 40.6%, acquiring 11,300 shares for a total holding of 39,100 shares valued at approximately $4.9 million. Institutional investors collectively own 98.08% of the company.
• Lattice reported quarterly EPS of $0.53, exceeding the $0.44 analyst consensus, while revenue rose 62.2% year over year to $201.08 million. The company provided third-quarter 2026 EPS guidance of $0.54–$0.58.
• Analysts remain broadly bullish, with the stock carrying an average “Buy” rating and a consensus price target of $144.77, although targets range from $130 to $180. LSCC opened at $92.97, below its 50- and 200-day moving averages near $115.

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 40.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 39,100 shares of the semiconductor company's stock after acquiring an additional 11,300 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al's holdings in Lattice Semiconductor were worth $4,912,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in Lattice Semiconductor during the second quarter worth about $2,637,161,000. William Blair Investment Management LLC purchased a new stake in shares of Lattice Semiconductor during the 2nd quarter valued at approximately $177,497,000. TimesSquare Capital Management LLC acquired a new position in Lattice Semiconductor in the second quarter valued at approximately $173,633,000. Bank of New York Mellon Corp acquired a new stake in Lattice Semiconductor during the second quarter worth $139,705,000. Finally, Bank of America Corp DE acquired a new stake in Lattice Semiconductor during the second quarter worth $94,740,000. Institutional investors and hedge funds own 98.08% of the company's stock.

Lattice Semiconductor Price Performance

LSCC opened at $92.97 on Monday. The stock's 50-day moving average price is $115.31 and its 200 day moving average price is $115.37. Lattice Semiconductor Corporation has a 12-month low of $60.50 and a 12-month high of $157.01. The firm has a market cap of $12.74 billion, a price-to-earnings ratio of 357.58, a PEG ratio of 1.41 and a beta of 1.90. The company has a current ratio of 3.02, a quick ratio of 2.33 and a debt-to-equity ratio of 0.04.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) 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 net margin of 5.58% and a return on equity of 10.92%. The company had revenue of $201.08 million for the quarter, compared to analyst estimates of $185.50 million. During the same period in the prior year, the firm earned $0.24 earnings per share. The business's revenue for the quarter 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. As a group, sell-side analysts expect that Lattice Semiconductor Corporation will post 1.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Needham & Company LLC upped their price target on Lattice Semiconductor from $140.00 to $160.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. KeyCorp increased their target price on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 5th. Rosenblatt Securities reiterated a "buy" rating and set a $175.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, August 4th. William Blair initiated coverage on shares of Lattice Semiconductor in a research note on Tuesday, October 6th. They issued an "outperform" rating on the stock. Finally, TD Cowen decreased their price objective on shares of Lattice Semiconductor from $165.00 to $130.00 and set a "buy" rating on the stock in a report on Monday, October 19th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, Lattice Semiconductor currently has an average rating of "Buy" and an average price target of $144.77.

Insiders Place Their Bets

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,039 shares of the business's stock in a transaction on Monday, September 14th. The shares were sold at an average price of $111.83, for a total value of $228,021.37. Following the completion of the transaction, the senior vice president owned 73,456 shares in the company, valued at $8,214,584.48. The trade was a 2.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at 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, SVP Tracy Feanny sold 1,880 shares of the company'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 sale, the senior vice president directly owned 60,221 shares in the company, valued at $7,613,741.03. This represents a 3.03% 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. Insiders have sold a total of 19,661 shares of company stock worth $2,587,259 in the last ninety days. 0.62% of the stock is owned by corporate insiders.

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.

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).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.