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Amundi Sells 15,677 Shares of Lattice Semiconductor Corporation $LSCC

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Key Points

  • Amundi reduced its stake in Lattice Semiconductor Corporation by 22.6%, selling 15,677 shares and holding a total of 53,572 shares valued at approximately $2.81 million.
  • Insider trades included Director Robin Ann Abrams selling 15,000 shares for around $974,700, representing a 12.24% decrease in her ownership.
  • Multiple analyst ratings affirm a consensus "Buy" rating for Lattice Semiconductor, with price targets ranging from $57.00 to $75.00.
  • Five stocks we like better than Lattice Semiconductor.

Amundi reduced its position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 22.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 53,572 shares of the semiconductor company's stock after selling 15,677 shares during the period. Amundi's holdings in Lattice Semiconductor were worth $2,810,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. lifted its position 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 buying an additional 787 shares in the last quarter. SG Americas Securities LLC lifted its holdings in Lattice Semiconductor by 326.8% during the first quarter. SG Americas Securities LLC now owns 7,824 shares of the semiconductor company's stock worth $410,000 after acquiring an additional 5,991 shares during the period. Robeco Institutional Asset Management B.V. bought a new stake in Lattice Semiconductor during the first quarter worth $566,000. Teacher Retirement System of Texas bought a new stake in Lattice Semiconductor during the first quarter worth $1,058,000. Finally, GAMMA Investing LLC lifted its holdings in 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 acquiring an additional 1,443 shares during the period. 98.08% of the stock is owned by institutional investors.

Lattice Semiconductor Stock Up 1.2%

Shares of NASDAQ:LSCC traded up $0.78 during midday trading on Wednesday, reaching $66.92. 2,759,406 shares of the company traded hands, compared to its average volume of 2,053,306. Lattice Semiconductor Corporation has a 12 month low of $34.69 and a 12 month high of $70.55. The firm has a market capitalization of $9.16 billion, a price-to-earnings ratio of 290.97, a price-to-earnings-growth ratio of 4.86 and a beta of 1.62. The firm's fifty day moving average price is $59.89 and its two-hundred day moving average price is $53.91.

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

Analyst Upgrades and Downgrades

LSCC has been the topic of a number of recent analyst reports. TD Cowen lowered their target price on Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating on the stock in a research note on Tuesday, August 5th. Loop Capital lowered their price objective on shares of Lattice Semiconductor from $75.00 to $65.00 and set a "buy" rating on the stock in a research report on Tuesday, August 5th. Benchmark lifted their price target on shares of Lattice Semiconductor from $60.00 to $75.00 and gave the stock a "buy" rating in a report on Thursday, September 11th. Wall Street Zen raised shares of Lattice Semiconductor from a "hold" rating to a "buy" rating in a report on Saturday. Finally, Rosenblatt Securities restated a "buy" rating and issued a $72.00 target price on shares of Lattice Semiconductor in a research note on Tuesday, August 5th. Eleven research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Lattice Semiconductor presently has an average rating of "Buy" and an average target price of $64.83.

Read Our Latest Research Report on LSCC

Insider Buying and Selling

In related news, CAO Tonya Stevens sold 3,439 shares of the company's stock in a transaction that occurred 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 owned 87,776 shares of the company's stock, valued at approximately $5,698,417.92. This represents a 3.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Tracy Ann Feanny sold 5,965 shares of the company's stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $66.50, for a total transaction of $396,672.50. Following the completion of the transaction, the senior vice president directly owned 79,480 shares in the company, valued at approximately $5,285,420. The trade was a 6.98% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 24,404 shares of company stock valued at $1,594,632. Company insiders own 1.80% of the company's stock.

About Lattice Semiconductor

(Free Report)

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.

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Institutional Ownership by Quarter for Lattice Semiconductor (NASDAQ:LSCC)

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