Jump Financial LLC Purchases Shares of 41,082 Lattice Semiconductor Corporation $LSCC

Key Points

• Jump Financial LLC purchased 41,082 shares of Lattice Semiconductor, worth approximately $2,155,000, marking a new investment for the firm.
• Lattice Semiconductor's recent earnings report met analysts' estimates with an EPS of $0.24, while the company had a net revenue of $123.97 million for the quarter.
• Research analysts maintain a consensus rating of "Buy" for Lattice Semiconductor, with an average price target set at $63.58.

Jump Financial LLC bought a new stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 41,082 shares of the semiconductor company's stock, valued at approximately $2,155,000.

Several other institutional investors have also added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted its holdings in Lattice Semiconductor by 11.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,343,825 shares of the semiconductor company's stock worth $76,130,000 after purchasing an additional 138,450 shares during the last quarter. Stifel Financial Corp boosted its holdings in Lattice Semiconductor by 6.1% in the fourth quarter. Stifel Financial Corp now owns 63,428 shares of the semiconductor company's stock worth $3,593,000 after purchasing an additional 3,650 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in Lattice Semiconductor by 1,011.6% in the fourth quarter. Hsbc Holdings PLC now owns 55,123 shares of the semiconductor company's stock worth $3,125,000 after purchasing an additional 50,164 shares during the last quarter. Boothbay Fund Management LLC purchased a new stake in Lattice Semiconductor in the fourth quarter worth approximately $273,000. Finally, Quarry LP purchased a new stake in Lattice Semiconductor in the fourth quarter worth approximately $98,000. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

LSCC has been the topic of several research reports. Williams Trading set a $60.00 target price on shares of Lattice Semiconductor in a report on Tuesday, May 6th. KeyCorp dropped their target price on shares of Lattice Semiconductor from $75.00 to $70.00 and set an "overweight" rating on the stock in a report on Tuesday, May 6th. Benchmark restated a "buy" rating and issued a $60.00 target price on shares of Lattice Semiconductor in a report on Tuesday, August 5th. Needham & Company LLC restated a "buy" rating and issued a $70.00 target price on shares of Lattice Semiconductor in a report on Tuesday, May 6th. Finally, Rosenblatt Securities reiterated a "buy" rating and set a $72.00 price target on shares of Lattice Semiconductor in a research note on Tuesday, August 5th. Eleven equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $63.58.

Insider Buying and Selling at Lattice Semiconductor

In other news, CAO Tonya Stevens sold 3,439 shares of the firm's stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $64.92, for a total transaction of $223,259.88. Following the sale, the chief accounting officer directly owned 87,776 shares in the company, valued at $5,698,417.92. This trade represents a 3.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Tracy Ann Feanny sold 5,965 shares of the firm's stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $66.50, for a total transaction of $396,672.50. Following the sale, the senior vice president owned 79,480 shares in the company, valued at $5,285,420. The trade was a 6.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.80% of the stock is owned by company insiders.

Lattice Semiconductor Stock Performance

Shares of Lattice Semiconductor stock traded down $0.27 on Friday, hitting $66.38. 2,622,705 shares of the company's stock were exchanged, compared to its average volume of 3,131,602. The company has a 50-day simple moving average of $56.03 and a 200-day simple moving average of $53.75. The stock has a market capitalization of $9.09 billion, a PE ratio of 288.62, a PEG ratio of 4.88 and a beta of 1.52. Lattice Semiconductor Corporation has a 1 year low of $34.69 and a 1 year high of $70.55.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.24 earnings per share for the quarter, hitting the consensus estimate of $0.24. The business had revenue of $123.97 million for the quarter, compared to analysts' expectations of $123.60 million. Lattice Semiconductor had a net margin of 6.47% and a return on equity of 6.61%. The company's revenue was down .1% compared to the same quarter last year. During the same quarter last year, the company posted $0.23 EPS. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. On average, analysts expect that Lattice Semiconductor Corporation will post 0.65 EPS for the current fiscal year.

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.