Bank of America Corp DE Sells 496,147 Shares of Lattice Semiconductor Corporation $LSCC

Key Points

• Bank of America cut its Lattice Semiconductor position by 60.9%, selling 496,147 shares in the first quarter and retaining 318,791 shares valued at approximately $29.6 million. Institutional investors collectively own 98.08% of the company.
• Lattice reported quarterly earnings of $0.53 per share, beating estimates of $0.44, while revenue rose 62.2% year over year to $201.08 million. The company issued third-quarter 2026 EPS guidance of $0.54 to $0.58.
• Analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $144.38; recent targets range from $145 to $180. Shares opened at $130.46, while the stock trades at a notably high P/E ratio of 501.77.

Bank of America Corp DE lessened its position in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Free Report) by 60.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 318,791 shares of the semiconductor company's stock after selling 496,147 shares during the quarter. Bank of America Corp DE owned about 0.23% of Lattice Semiconductor worth $29,571,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Invesco Ltd. boosted its holdings in Lattice Semiconductor by 177.3% in the third quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company's stock worth $445,538,000 after acquiring an additional 3,885,482 shares in the last quarter. State Street Corp increased its stake in Lattice Semiconductor by 1.8% during the 2nd quarter. State Street Corp now owns 4,852,380 shares of the semiconductor company's stock valued at $237,718,000 after purchasing an additional 85,973 shares in the last quarter. Geode Capital Management LLC increased its stake in Lattice Semiconductor by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 3,457,389 shares of the semiconductor company's stock valued at $254,433,000 after purchasing an additional 84,812 shares in the last quarter. Pictet Asset Management Holding SA raised its holdings in shares of Lattice Semiconductor by 11.6% in the fourth quarter. Pictet Asset Management Holding SA now owns 2,763,543 shares of the semiconductor company's stock worth $203,341,000 after buying an additional 287,190 shares during the last quarter. Finally, William Blair Investment Management LLC lifted its stake in shares of Lattice Semiconductor by 52.5% during the fourth quarter. William Blair Investment Management LLC now owns 2,125,260 shares of the semiconductor company's stock worth $156,377,000 after buying an additional 731,568 shares during the period. Hedge funds and other institutional investors own 98.08% of the company's stock.

Insider Activity at Lattice Semiconductor

In related news, Director James P. Lederer sold 6,101 shares of the firm's stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $153.94, for a total value of $939,187.94. Following the transaction, the director directly owned 41,201 shares of the company's stock, valued at approximately $6,342,481.94. This trade represents a 12.90% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Pravin Desale sold 2,039 shares of Lattice Semiconductor stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $142.89, for a total value of $291,352.71. Following the completion of the sale, the senior vice president owned 73,519 shares in the company, valued at approximately $10,505,129.91. The trade was a 2.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 three months, insiders have sold 10,880 shares of company stock valued at $1,646,582. 0.62% of the stock is owned by corporate insiders.

Lattice Semiconductor Stock Performance

Shares of LSCC stock opened at $130.46 on Friday. 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 Corporation has a 12-month low of $59.37 and a 12-month high of $157.01. The business's 50 day moving average is $135.49 and its two-hundred day moving average is $117.24. The company has a market capitalization of $17.87 billion, a P/E ratio of 501.77, a P/E/G ratio of 1.98 and a beta of 1.81.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.09. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%.The business had revenue of $201.08 million during the quarter, compared to the consensus estimate of $185.50 million. During the same period in the prior year, the company posted $0.24 EPS. The business's quarterly 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. Analysts expect that Lattice Semiconductor Corporation will post 1.12 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Stifel Nicolaus boosted their price objective on shares of Lattice Semiconductor from $130.00 to $145.00 and gave the company a "buy" rating in a report on Tuesday, May 5th. Wall Street Zen raised Lattice Semiconductor from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 8th. Deutsche Bank Aktiengesellschaft boosted their price target on Lattice Semiconductor from $150.00 to $175.00 and gave the company a "buy" rating in a research note on Friday, May 22nd. Royal Bank Of Canada increased their price objective on Lattice Semiconductor from $140.00 to $165.00 and gave the company an "outperform" rating in a report on Wednesday, August 5th. Finally, KeyCorp raised their price objective on Lattice Semiconductor from $165.00 to $180.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Lattice Semiconductor presently has a consensus rating of "Buy" and a consensus target price of $144.38.

Lattice Semiconductor Company Profile

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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