Ameriprise Financial Inc. Cuts Stake in Lattice Semiconductor Corporation $LSCC

Key Points

• Ameriprise Financial Inc. reduced its stake in Lattice Semiconductor Corporation by 25.4%, owning approximately 1,019,848 shares valued at $53.49 million after selling 347,533 shares.
• Several institutional investors also increased their holdings, with Price T Rowe Associates Inc. increasing their stake by 24.2% to 7,800,552 shares worth $409 million.
• Lattice Semiconductor reported earnings of $0.24 per share for the quarter, matching analyst expectations, and revenue of $123.97 million, slightly exceeding predictions.

Ameriprise Financial Inc. lowered its stake in Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 25.4% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,019,848 shares of the semiconductor company's stock after selling 347,533 shares during the quarter. Ameriprise Financial Inc. owned 0.74% of Lattice Semiconductor worth $53,491,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Prudential PLC increased its stake in shares of Lattice Semiconductor by 2.1% in the 1st quarter. Prudential PLC now owns 9,199 shares of the semiconductor company's stock valued at $482,000 after acquiring an additional 187 shares in the last quarter. Allworth Financial LP increased its stake in shares of Lattice Semiconductor by 65.7% in the 1st quarter. Allworth Financial LP now owns 560 shares of the semiconductor company's stock valued at $28,000 after acquiring an additional 222 shares in the last quarter. Global X Japan Co. Ltd. increased its stake in shares of Lattice Semiconductor by 2.3% in the 1st quarter. Global X Japan Co. Ltd. now owns 11,441 shares of the semiconductor company's stock valued at $600,000 after acquiring an additional 252 shares in the last quarter. Resonant Capital Advisors LLC increased its stake in shares of Lattice Semiconductor by 7.1% in the 1st quarter. Resonant Capital Advisors LLC now owns 4,215 shares of the semiconductor company's stock valued at $221,000 after acquiring an additional 280 shares in the last quarter. Finally, New Mexico Educational Retirement Board increased its stake in shares of Lattice Semiconductor by 1.1% in the 1st quarter. New Mexico Educational Retirement Board now owns 28,300 shares of the semiconductor company's stock valued at $1,484,000 after acquiring an additional 300 shares in the last quarter. Institutional investors own 98.08% of the company's stock.

Lattice Semiconductor Stock Performance

LSCC traded down $0.27 during mid-day trading on Friday, reaching $66.38. 2,622,705 shares of the stock were exchanged, compared to its average volume of 3,131,602. The stock has a market capitalization of $9.09 billion, a PE ratio of 288.62, a price-to-earnings-growth ratio of 4.88 and a beta of 1.52. The company has a 50 day moving average price of $56.03 and a two-hundred day moving average price of $53.75. 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 posted its quarterly earnings data on Monday, August 4th. The semiconductor company reported $0.24 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.24. The firm had revenue of $123.97 million for the quarter, compared to the consensus estimate of $123.60 million. Lattice Semiconductor had a net margin of 6.47% and a return on equity of 6.61%. The business's revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.23 EPS. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. Sell-side analysts expect that Lattice Semiconductor Corporation will post 0.65 EPS for the current fiscal year.

Wall Street Analyst Weigh In

LSCC has been the subject of several research analyst reports. Needham & Company LLC reiterated a "buy" rating and issued a $70.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, May 6th. Raymond James Financial restated an "outperform" rating and set a $64.00 price target (down previously from $66.00) on shares of Lattice Semiconductor in a research note on Tuesday, May 6th. Rosenblatt Securities restated a "buy" rating and set a $72.00 price target on shares of Lattice Semiconductor in a research note on Tuesday, August 5th. KeyCorp decreased their price target on shares of Lattice Semiconductor from $75.00 to $70.00 and set an "overweight" rating for the company in a research note on Tuesday, May 6th. Finally, TD Cowen decreased their price target on shares of Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating for the company in a research note on Tuesday, August 5th. Eleven equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Lattice Semiconductor has a consensus rating of "Buy" and a consensus price target of $63.58.

Insiders Place Their Bets

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 5,965 shares of Lattice Semiconductor 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 transaction, the senior vice president directly owned 79,480 shares of the company's stock, valued at $5,285,420. The trade was a 6.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Tonya Stevens sold 3,439 shares of Lattice Semiconductor stock in a transaction 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 transaction, the chief accounting officer directly owned 87,776 shares in the company, valued at $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. 1.80% of the stock is owned by insiders.

Lattice Semiconductor 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.