55,151 Lattice Semiconductor Corporation $LSCC Shares Bought by Assenagon Asset Management S.A.

Key Points

• Assenagon Asset Management increased its Lattice Semiconductor stake by 34.2% in the third quarter, purchasing 55,151 additional shares and bringing its holdings to 216,189 shares valued at approximately $27.2 million.
• Institutional investors own 98.08% of Lattice Semiconductor, while the stock recently traded at $103.65, below its 50-day and 200-day moving averages and well below its 12-month high of $157.01.
• Lattice exceeded quarterly expectations with $0.53 EPS and $201.1 million in revenue, representing 62.2% year-over-year growth. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $147.46.

Assenagon Asset Management S.A. grew its holdings in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 34.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 216,189 shares of the semiconductor company's stock after acquiring an additional 55,151 shares during the period. Assenagon Asset Management S.A. owned 0.16% of Lattice Semiconductor worth $27,158,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. State of Wyoming acquired a new position in Lattice Semiconductor during the second quarter valued at approximately $3,155,000. Compass Wealth Management LLC bought a new position in shares of Lattice Semiconductor in the second quarter valued at approximately $1,884,000. BlackRock Inc. acquired a new stake in shares of Lattice Semiconductor in the second quarter worth $2,637,161,000. Wasatch Advisors LP acquired a new stake in shares of Lattice Semiconductor in the second quarter worth $8,443,000. Finally, Artemis Wealth Advisors LLC acquired a new stake in shares of Lattice Semiconductor in the second quarter worth $886,000. Institutional investors and hedge funds own 98.08% of the company's stock.

Lattice Semiconductor Price Performance

NASDAQ:LSCC opened at $103.65 on Monday. The company's 50-day moving average price is $119.95 and its two-hundred day moving average price is $126.07. The company has a quick ratio of 2.33, a current ratio of 3.02 and a debt-to-equity ratio of 0.04. 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 $14.20 billion, a PE ratio of 398.65, a price-to-earnings-growth ratio of 1.59 and a beta of 1.83.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted 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 for the quarter, compared to analyst estimates of $185.50 million. During the same quarter in the previous year, the firm earned $0.24 earnings per share. The business's 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, equities analysts anticipate that Lattice Semiconductor Corporation will post 1.10 EPS for the current fiscal year.

Insider Activity

In other news, SVP Esam Elashmawi sold 15,742 shares of Lattice Semiconductor 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 sale, the senior vice president directly owned 155,420 shares of the company's stock, valued at approximately $20,945,953.40. This trade represents a 9.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 Pravin Desale sold 2,039 shares of the business's stock in a transaction on Monday, September 14th. The stock was sold at an average price of $111.83, for a total value of $228,021.37. Following the sale, the senior vice president owned 73,456 shares of the company's stock, valued at approximately $8,214,584.48. The trade was a 2.70% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 19,661 shares of company stock valued at $2,587,259. Company insiders own 0.62% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on LSCC shares. Royal Bank Of Canada boosted their price objective on Lattice Semiconductor from $140.00 to $165.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 5th. William Blair initiated coverage on Lattice Semiconductor in a research note on Tuesday, October 6th. They set an "outperform" rating for the company. Zacks Research downgraded shares of Lattice Semiconductor from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 8th. Weiss Ratings reissued a "hold (c-)" rating on shares of Lattice Semiconductor in a report on Thursday. Finally, KeyCorp raised 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. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Lattice Semiconductor presently has a consensus rating of "Moderate Buy" and an average price target of $147.46.

Lattice Semiconductor 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.

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