Artemis Wealth Advisors LLC Makes New $886,000 Investment in Lattice Semiconductor Corporation $LSCC

Key Points

• Artemis Wealth Advisors initiated an $886,000 position in Lattice Semiconductor by purchasing 18,000 shares during the second quarter. Institutional investors collectively own 98.08% of the company.
• Lattice reported quarterly earnings of $0.53 per share, exceeding the $0.44 consensus estimate, while revenue rose 62.2% year over year to $201.08 million. The company guided for third-quarter EPS of $0.54–$0.58.
• Analysts remain broadly positive, with an overall “Buy” rating and several firms raising price targets, although the stock recently traded down 6.4% to $124.21. Insiders sold $3.77 million of shares over the past three months.

Artemis Wealth Advisors LLC bought a new position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 18,000 shares of the semiconductor company's stock, valued at approximately $886,000.

A number of other hedge funds have also modified their holdings of LSCC. BlackRock Inc. acquired a new stake in Lattice Semiconductor during the 2nd quarter worth approximately $2,637,161,000. Invesco Ltd. increased its position in shares of Lattice Semiconductor by 177.3% in the 3rd quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company's stock valued at $445,538,000 after purchasing an additional 3,885,482 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Lattice Semiconductor by 77.4% during the 2nd quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company's stock worth $156,083,000 after acquiring an additional 1,390,109 shares in the last quarter. M&T Bank Corp acquired a new stake in shares of Lattice Semiconductor during the 4th quarter worth about $85,714,000. Finally, TimesSquare Capital Management LLC purchased a new stake in Lattice Semiconductor during the second quarter worth approximately $173,633,000. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Lattice Semiconductor

In related news, SVP Tracy Ann Feanny sold 2,740 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $151.84, for a total transaction of $416,041.60. Following the completion of the sale, the senior vice president owned 63,084 shares of the company's stock, valued at approximately $9,578,674.56. This represents a 4.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James P. Lederer sold 6,101 shares of the firm's stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $153.94, for a total transaction of $939,187.94. Following the completion of the transaction, the director owned 41,201 shares in the company, valued at $6,342,481.94. The trade was a 12.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 26,622 shares of company stock valued at $3,768,132 over the last three months. Insiders own 0.62% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on LSCC. KeyCorp raised their price target on Lattice Semiconductor from $165.00 to $180.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 5th. Royal Bank Of Canada upped their price objective on Lattice Semiconductor from $140.00 to $165.00 and gave the company an "outperform" rating in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Lattice Semiconductor from $150.00 to $175.00 and gave the company a "buy" rating in a report on Friday, May 22nd. Rosenblatt Securities reiterated a "buy" rating and set a $175.00 target price on shares of Lattice Semiconductor in a research report on Tuesday, August 4th. Finally, TD Cowen upped their price objective on Lattice Semiconductor from $145.00 to $165.00 and gave the stock a "buy" rating in a report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, Lattice Semiconductor has an average rating of "Buy" and a consensus price target of $144.38.

Lattice Semiconductor Trading Down 6.4%

Lattice Semiconductor stock opened at $124.21 on Wednesday. The stock has a 50-day moving average price of $135.02 and a 200 day moving average price of $118.09. Lattice Semiconductor Corporation has a 52 week low of $59.37 and a 52 week high of $157.01. The stock has a market cap of $17.02 billion, a PE ratio of 477.73, a P/E/G ratio of 1.98 and a beta of 1.81. The company has a current ratio of 3.02, a quick ratio of 2.33 and a debt-to-equity ratio of 0.04.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, beating analysts' consensus estimates of $0.44 by $0.09. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The business had revenue of $201.08 million during the quarter, compared to analyst estimates of $185.50 million. During the same quarter in the previous year, the business posted $0.24 earnings per share. The company'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. Equities research analysts predict that Lattice Semiconductor Corporation will post 1.12 earnings per share for the current fiscal year.

About Lattice Semiconductor

Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company's product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice's solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.

The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.

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