Aberdeen Group plc Buys 4,366 Shares of Lattice Semiconductor Corporation $LSCC

Key Points

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Aberdeen Group plc grew its position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 1.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 372,556 shares of the semiconductor company's stock after purchasing an additional 4,366 shares during the period. Aberdeen Group plc owned 0.27% of Lattice Semiconductor worth $19,541,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of Lattice Semiconductor by 8.7% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,794 shares of the semiconductor company's stock worth $514,000 after acquiring an additional 787 shares during the period. SG Americas Securities LLC raised its stake in shares of Lattice Semiconductor by 326.8% during the first quarter. SG Americas Securities LLC now owns 7,824 shares of the semiconductor company's stock valued at $410,000 after purchasing an additional 5,991 shares during the period. Robeco Institutional Asset Management B.V. purchased a new stake in shares of Lattice Semiconductor during the first quarter valued at approximately $566,000. Teacher Retirement System of Texas purchased a new stake in shares of Lattice Semiconductor during the first quarter valued at approximately $1,058,000. Finally, GAMMA Investing LLC grew its position in shares of Lattice Semiconductor by 53.0% during the first quarter. GAMMA Investing LLC now owns 4,166 shares of the semiconductor company's stock worth $219,000 after buying an additional 1,443 shares in the last quarter. 98.08% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have commented on LSCC shares. Rosenblatt Securities reaffirmed a "buy" rating and issued a $72.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, August 5th. Benchmark restated a "buy" rating and set a $60.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, August 5th. TD Cowen dropped their price target on shares of Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating on the stock in a research report on Tuesday, August 5th. Raymond James Financial reissued an "outperform" rating and issued a $64.00 price target (down previously from $66.00) on shares of Lattice Semiconductor in a research note on Tuesday, May 6th. Finally, Loop Capital dropped their price target on Lattice Semiconductor from $75.00 to $65.00 and set a "buy" rating on the stock in a research note on Tuesday, August 5th. Eleven investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Lattice Semiconductor has a consensus rating of "Buy" and a consensus price target of $63.58.

Lattice Semiconductor Stock Up 4.3%

Shares of LSCC stock traded up $2.63 during trading hours on Friday, reaching $64.16. 2,077,990 shares of the company's stock were exchanged, compared to its average volume of 3,052,539. Lattice Semiconductor Corporation has a fifty-two week low of $34.69 and a fifty-two week high of $70.55. The stock has a market capitalization of $8.78 billion, a P/E ratio of 278.97, a P/E/G ratio of 4.52 and a beta of 1.52. The business has a fifty day moving average price of $54.43 and a 200-day moving average price of $53.43.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.24 EPS for the quarter, hitting analysts' consensus estimates of $0.24. Lattice Semiconductor had a return on equity of 6.61% and a net margin of 6.47%.The company had revenue of $123.97 million during the quarter, compared to analyst estimates of $123.60 million. During the same period in the previous year, the company earned $0.23 earnings per share. The company'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, research analysts expect that Lattice Semiconductor Corporation will post 0.65 EPS for the current fiscal year.

Insider Activity

In other news, CAO Tonya Stevens sold 3,439 shares of the business's stock in a transaction that occurred on Wednesday, August 13th. The stock was 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 approximately $5,698,417.92. The trade was a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.80% of the company's stock.

About Lattice Semiconductor

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.